crypto winter

English

Etymology

Modelled on AI winter.

Noun

crypto winter (plural crypto winters)

  1. (cryptocurrencies) A slump in the cryptocurrency industry.
    • 2022 May 18, Alex Hern, “Crypto crash unlikely to reduce its climate impact, expert says”, in The Guardian‎[1]:
      Andreessen Horowitz, a prominent venture capital firm and one of the key financial backers of the cryptocurrency sector, said on Tuesday that we may be entering a “crypto winter”, echoing a warning from the Coinbase chief executive, Brian Armstrong, that valuations may be depressed for some time.
    • 2022 June 2, MacKenzie Sigalos, quoting Winklevoss twins, “Winklevoss twins' Gemini cutting 10% of its staff, saying ‘crypto winter’ is here”, in CNBC‎[2]:
      The twins announced in a blog post on Thursday morning that the industry is in a “contraction phase” known as “crypto winter,” which has been “further compounded by the current macroeconomic and geopolitical turmoil.”
    • 2022 June 3, Emmett Lindner, “Keeping Up With Crypto”, in The New York Times‎[3], →ISSN:
      We’re still in that boom period, to some degree. There are still tons of crypto companies starting out, still spending lots of money. But there’s a sense now that we’re in a crypto winter.
    • 2026 February 5, David Yaffe-Bellany, “Bitcoin Drops to Lowest Price Since Trump Was Elected as Crypto Faces Slump”, in The New York Times‎[4], →ISSN:
      The price of Bitcoin is now lower than when President Trump was elected in 2024, raising concerns of a new “crypto winter" in the industry.
This article is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.