Aron Beierschmitt is the CEO and Co-Founder of game development and R&D studio Laguna Games.
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The first quarter of 2022 was profitable and encouraging for the crypto industry. The value of the global cryptocurrency market reached USD 1.7 trillion and was projected to double its size from here by 2027.
Crypto was also on the rise in the public consciousness. The FTX cryptocurrency exchange became a leading sponsor of Major League Baseball while Crypto.com renamed a sports arena in a USD 700 million deal and Coinbase spent nearly USD 14 million on its QR code Super Bowl commercial.
Celebrities also began piling in, with Eminem, Snoop Dogg, Martha Stewart, Paris Hilton, and Shawn Mendes either launching non-fungible tokens (NFTs) or spending millions on popular profile pic NFT collections.
But ultimately, the high never lasts.
The domino effect
Disaster hit the cryptocurrency market on May 7, 2022, when a series of sudden sell-offs of UST, one component of the once USD...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...