By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Tech Consumer JournalTech Consumer JournalTech Consumer Journal
  • News
  • Phones
  • Tablets
  • Wearable
  • Home Tech
  • Streaming
Reading: Is Crypto in a Bubble (Again)?
Share
Sign In
Notification Show More
Font ResizerAa
Tech Consumer JournalTech Consumer Journal
Font ResizerAa
  • News
  • Phones
  • Tablets
  • Wearable
  • Home Tech
  • Streaming
Search
  • News
  • Phones
  • Tablets
  • Wearable
  • Home Tech
  • Streaming
Have an existing account? Sign In
Follow US
  • Contact
  • Blog
  • Complaint
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Tech Consumer Journal > News > Is Crypto in a Bubble (Again)?
News

Is Crypto in a Bubble (Again)?

News Room
Last updated: June 30, 2025 3:55 am
News Room
Share
SHARE

The crypto world is buzzing. If you ask a true believer, they’ll say this is just the beginning. Ask a skeptic, and they’ll swear we’re watching a bubble inflate in real time. One that could pop any second.

I saw the excitement firsthand at a crypto event in Brooklyn last week. The bar was packed. People were animated. It felt like a flashback to 2020 and 2021, when crypto fever gripped everyone from twenty-something retail traders to grandparents. Back then, it was all about Bitcoin, flashy NFTs like the Bored Ape Yacht Club, and anything promising wild returns. It was a digital casino where everyone hoped to strike it rich. Fast.

But then came the crash. The “crypto winter” arrived, marked by the spectacular downfall of crypto exchange FTX and its poster boy Sam Bankman-Fried. Billions vanished. Trust collapsed. Regulators circled.

Now? The energy is back. And it’s confusing.

At the Brooklyn event, hosted by Wire Network (a startup trying to connect different crypto systems, or “blockchains”), the optimism was palpable. “There’s never been a better time to be a crypto developer,” co-founder Ken DiCross told me.

On paper, crypto’s comeback looks unstoppable. The industry’s total market value has ballooned by over $3 trillion since the start of 2023. Companies like Robinhood, Coinbase, and MicroStrategy are riding the wave. Circle Internet Group, the firm behind one of the biggest “stablecoins,” went public in June at a $6 billion valuation. It shot up to nearly $50 billion in just weeks.

Wait, what’s a stablecoin?

A stablecoin is a type of cryptocurrency designed to hold a steady value, usually pegged to something like the U.S. dollar. The idea is to give people the speed and flexibility of crypto without the wild price swings of Bitcoin or Ethereum. In theory, you could use stablecoins instead of cash to buy your coffee or pay your rent. In reality, we’re not there yet.

But the bet from crypto firms is clear: one day, we’ll all use digital dollars instead of paper ones. That’s what’s driving today’s gold rush. The question is: Are people getting ahead of themselves?

The new crypto darlings: DeFi and Bitcoin treasury companies

Much of the current hype centers on DeFi, short for decentralized finance. Think of it as an attempt to rebuild Wall Street without the banks. Instead of a bank approving your loan or handling your trades, code does it. No middlemen, no gatekeepers. Sounds revolutionary, but so far, it’s mostly been a playground for speculators and tech geeks.

Then there are the Bitcoin treasury companies. These are regular businesses that are loading up their balance sheets with Bitcoin instead of dollars, euros, or gold. MicroStrategy is the poster child, spending billions to buy Bitcoin and turning itself from a sleepy software company into a kind of crypto hedge fund. The idea is that Bitcoin will outpace inflation and fiat currencies over the long run.

Bubble or boom?

There’s no clear answer. The numbers are dizzying. The hype is real. And yet, there’s still so much uncertainty about whether crypto’s grand promises will ever match reality. Even with a crypto-friendly president in the White House, the road to replacing cash or Wall Street is long.

So, is this a bubble? Maybe. Maybe not. It depends on who you ask.

Read the full article here

You Might Also Like

‘Jurassic World Rebirth’ Didn’t Always End That Way

Senate Backs NASA’s Legacy Moon Plan Over Musk’s Protests

Amazon Echo Pop (Newest Model) Hits Almost Free a Week Before Prime Day, Stock Is Running Low

LEGO Star Wars Millennium Falcon Joins Early Prime Day Deal, and It’s a 25th Anniversary Collectible Model

Marshall Bluetooth Headphones Drop to Nearly Free Compared to AirPods Max or Even Your Tiny Earbuds

Share This Article
Facebook Twitter Copy Link Print
Previous Article Anker Is Going All In, This 3-Port 65W USB-C Charger Is Almost Free Before Prime Day
Next Article Trump Bullies Canada Into Killing Its Big Tech Tax
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

248.1kLike
69.1kFollow
134kPin
54.3kFollow

Latest News

Trump Threatens to Prosecute CNN for Reporting on ICEBlock as App Hits No. 1
News
The Best Gadgets of June 2025
News
Deaf Teenager and 24-Year-Old Gain Ability to Hear After Experimental Gene Therapy
News
Star Meets Stunning End by Exploding Twice
News
Experimental Propulsion Tech Could Reach Mysterious Planet Beyond Pluto in 10 Years
News
Kidney Transplant Patient Got Incredibly Rare Infection from Her Cat
News
The Films and Shows You Should Be Streaming in July 2025
News
OneAir Subscription for 94% Off With Our Exclusive Code Lets You Save Big on Hotel and Flight Bookings for a Lifetime
News

You Might also Like

News

Lego’s July Releases Are Swooping In

News Room News Room 4 Min Read
News

Nothing’s Phone 3 Really Goes Full-On Anti-iPhone, Huh?

News Room News Room 7 Min Read
News

‘Fast & Furious’ Couldn’t Keep Driving Like This

News Room News Room 5 Min Read
Tech Consumer JournalTech Consumer Journal
Follow US
2024 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?