Crypto is totally dead lately—if you're only looking at the price action.
Yes, Bitcoin is down 72% from its all-time-high price in November 2021, almost one full year ago. Ethereum is down the same, 72% from its own high of $4,878. Woof.
Crypto advocates point out that it's not just crypto, stocks have been hammered too. And they're right: everything is down right now. But that's cold comfort for crypto believers, who—I'll let you in on a little crypto media trade secret—do not care to read any crypto news when crypto prices are down. ConsenSys CEO Joe Lubin put on a brave face last week when talking to me about the technological success of the Ethereum merge, but ETH is down a disheartening 21% since the event.
For a better temperature check on how crypto is doing, look at the major recent signs of mainstream adoption. In the past two months, we got a string of indications that major financial institutions and tech companies believe crypto is here to stay. You'd be excused for...
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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...