The boom in crypto news media
Jeff John Roberts of Fortune writes about the boom in websites covering the cryptocurrency market.
Roberts writes, “The presence of these news sites has meant the coverage of the current crypto boom (or bubble, if you prefer) is different than earlier ones. In the past, two early trade publications, Coindesk and CoinTelegraph, covered the ins and outs of the industry alongside a handful of bloggers—including Ryan Selkis (aka Two-Bit Idiot) who went on to found another crypto media and research firm, Messari.
“Ben Schiller, a managing editor at Coindesk, notes another difference from previous booms in that there has been less hype in the mainstream press about crypto. This has been the case even as Bitcoin prices smash records, and as banks and corporations have embraced it like never before.
“According to Schiller, the current boom means there’s room for the various publications to carve out different niches for themselves. But he adds that some will fold or get acquired if they’re unable to establish solid business foundations in the coming years.”
Read more here.