The Rise and Fall of Cryptocurrency

In 2022 as the rate hiking cycle began overall interest and engagement with crypto decreased it wasn't just crypto anything that had been a risk asset before was being hit. In 2018 after the ICO boom burst you had all of the tourists who had come to the industry recently just absolutely vacate as fast as humanly possible but in 2022 institutions were creating new infrastructure preparing for the next bull market. Now we've got a full on FOMO movement as Blackrock has announced in ETF Charles Schwab fidelity and Citadel have launched EDX. There is a major sense that one of the interpretations of all of these aggressive actions is the click of regulators and traditional business interests just clearing the way for trad fi to