Why the media are adding crypto reporters

A number of publishers are hiring reporters to cover cryptocurrency, reports Sara Guaglione of Digiday. In addition to Fortune, Bloomberg, Forbes, Gizmodo and Money are growing their dedicated blockchain and crypto teams.

Guaglione reports, “‘When things are going down, it’s even more important to have good credible, rigorous, comprehensive coverage of those things,’ said Stacy-Marie Ishmael, who was named Bloomberg’s managing editor for crypto last September.

“It’s a lesson she said she learned from covering the financial crisis in 2008. ‘When markets are declining…that’s when people really need better information, better news, better data and better reporting. Bear markets are a great time to help people figure out what’s going on,’ Ishmael said.

“Nearly a year after she became the first person hired for Bloomberg’s dedicated crypto team, Ishmael has added more than a dozen people to join her. Two more reporters are starting next month.”

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Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.