The Wild Ride of Crypto: From Bubble to Boom
The crypto industry has been on a rollercoaster ride over the past two years, and it’s been a blast to chronicle. From the final hurrah of the 2021 bubble to the catastrophic collapse of Celsius, BlockFi, FTX, and Three Arrows, and the subsequent trial of Sam Bankman-Fried, it’s been a wild ride indeed.
The trough of Crypto Winter, where even longtime believers began to question the industry’s viability.
But, as it has three times in the past, the crypto industry has sprung back to life, bigger and richer than ever. The influx of Wall Street capital and the launch of Bitcoin ETFs have turbo-charged the industry’s growth, and crypto OGs like Coinbase CEO Brian Armstrong have learned to play the game in Washington, D.C.
Bitcoin ETFs have been a key driver of the industry’s recent growth.
Throughout it all, I’ve maintained a fondness for crypto, from its technological ingenuity to its over-the-top meme culture and the wild cast of characters it continues to spawn. Whatever you think of crypto, it’s undoubtedly more fun to cover than conventional industries like pharma or insurance.
A Break from Daily News
As much as I’ve enjoyed chronicling the crypto industry’s ups and downs, daily newsletters can be a heavy commitment. It’s time to take a break, recharge, and focus on more original reporting on the biggest stories in crypto.
The crypto industry is full of colorful characters, and it’s been a pleasure to cover them.
Thanks to all our readers for joining us on this wild ride. We’ll be back in mid-July, after a much-needed vacation. Reach out with tips and ideas, and we’ll catch you on the flip side.
“> The crypto industry is a lot more fun to cover than conventional industries like pharma or insurance.
“> It’s been a hell of a ride.
“> The crypto industry continues to spawn a wild cast of characters.