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Does Anyone Else Feel the Crypto Vibe Shift?
20.2.2024
Surveying the small, telltale signs that the market is back. But what’s different this time?
Explaining Bitcoin’s ‘Flash Crash’
11.12.2023
The cryptocurrency's volatility cuts both ways
2 Years Ago, Bitcoin Hit an All-Time High. Is Another Rally on the Way?
9.11.2023
We were full of “irrational exuberance” in November 2021
The Four Price Cycles: Morgan Stanley Says the Crypto Winter May Be Over
19.10.2023
Wealth management firm, Morgan Stanley opined that the crypto winter may be over ushering in the spring which indicates a slight boost in market activity.
The company explained key market concepts in a blog post aimed at analyzing the bear market, its implications, and incoming cycles before...
The Crypto Winter May Be Over: Morgan Stanley Wealth Management
19.10.2023
Most of bitcoin’s gains come directly after the halving, and the next such event is expected in April 2024, the firm said
Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
9.10.2023
The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators
Crypto VC Funding Declines Again in Q3 as Crypto Winter Drags On
6.10.2023
The crypto winter that began in 2022 yet to end, according to the latest figures on venture capital (VC) funding for crypto firms presented by data analytics firm FundStrat.
In a new presentation, FundStrat noted that VC funding for crypto firms contracted for a sixth successive quarter to $1.4...
Leading Hardware Wallet Maker Ledger to Lay Off 12% of Work Force – When Will the Crypto Winter End?
5.10.2023
Crypto hardware wallet maker Ledger is laying off 12% of its workforce, reported Bloomberg on Thursday.
Ledger is the crypto industry’s leading maker of so-called hardware wallets – physical devices the provide the secure storage of an individual’s private keys, the password needed for them...
Crypto for Advisors: Waiting for the Next Crypto Bull Market? It’s Already Here.
5.10.2023
Is crypto winter slowly thawing and spring upon us? Thanks to Jennnifer Murphy from Runa Digital Assets sharing their perspective on the crypto market and indicators that the bull may be upon us
Price Cuts at Blockchain Platform Alchemy Reveal Persistence of Crypto Winter
13.9.2023
The plan, “Alchemy Scale Tier,” will consist of two options that let developers choose how much they want to commit to the platform, both financially and computationally
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery
25.8.2023
After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on the stablecoin terrausd, and problems accessing customer funds held in cold storage wallets as contributing factors. From Cold Storage to Cold Reality: The Dramatic Decline...
Copy Trading Has ‘Disrupted the Crypto Industry’ Says Bitget’s Gracy Chen
23.7.2023
Copy trading has disrupted the crypto industry and is increasingly the trading strategy preferred by less experienced traders says Gracy Chen, managing director of the crypto trading platform Bitget. While copy trading is gaining popularity globally, traders and prospective users from Africa appear...
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
4.7.2023
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal...
Cleanspark Expands Bitcoin Operations With Acquisition of Georgia Facilities in All-Cash Deal
22.6.2023
Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase Cleanspark’s current operations by just...
Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees
9.6.2023
African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees have said the startup’s ballooning marketing...
Blockchain Analytics Firm Nansen Cuts 30% of Staff Amid Market Slump
31.5.2023
Blockchain analytics firm Nansen is cutting 30% of its staff, the company’s CEO Alex Svanevik announced via Twitter on Tuesday.
Svanevik said that the decision to reduce the company’s cost base, which is “too high relative to where the company is today”, was based on the fact that Nansen...
Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’
26.5.2023
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the “prolonged crypto winter,” signaling...
Crypto's Open Source Ethos Yields Results
23.5.2023
It’s crypto winter and a time for building, as innovative new open-source projects on Polkadot and Cosmos can attest