cryptocurrency-market-bubble
The rapid and massive increase in cryptocurrency valuations in 2017, exemplified by Bitcoin's rise from $1,000 to nearly $20,000.
1 chapter across 1 book
The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze (2022)Laura Shin
Chapter 10 serves as an introductory segment outlining the extensive research and methodology behind the book, including the author's extensive interviews with key Ethereum figures and use of blockchain data analytics. It also provides a detailed list of major characters involved in the Ethereum ecosystem and related projects, as well as a preface that contextualizes the rise of cryptocurrency from the 2008 financial crisis through the explosive growth of Bitcoin and Ethereum up to mid-2017. The chapter highlights the technological innovation of blockchain, the diverse groups attracted to cryptocurrency, and the dramatic market expansion fueled by ICOs and institutional interest.