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Crypto Winter Will Last 'At Least Another Year' Says Founder of Crypto Firm Which Just Laid Off 40% of Its Workforce
28.12.2022
Octopus Network, a multichain cryptonetwork built on NEAR Protocol, has laid off some 40% of the core team and lowered pay for the rest due to the ongoing crypto winter - a cold wave that will not be ending for at least another year, argued the project's founder Louis Liu.
The string of companies...
Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo Blockchain Suspends Nasdaq Trading
27.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo...
Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon
27.12.2022
Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” in...
First Mover Asia: Bitcoin Ho Ho Holds Near $16.9K
27.12.2022
Bitcoin held steady throughout the Christmas holiday weekend at about $16.9K; most other major cryptos were flat, although tinted more green than red. Also: CoinDesk columnist David Z. Morris considers an upside to this year's various crypto industry debacles
Near Project’s Octopus Network lays off 40% of its staff amid crypto winter
26.12.2022
The remaining workforce is also expected to take 20% pay cuts, the project's founder said
Oryen Network (ORY) presale challenges DeFi projects like Aave (AAVE) and Near Protocol (NEAR)
26.12.2022
Oryen Network (ORY), a multi-use cryptocurrency platform with features such as staking, trading, and assets management, has seen significant growth since the launch of its presale. Offering a fixed APY of 90%, 0.177% daily rewards paid out every 60 minutes, and an auto-staking feature enabled...
Bitcoin accumulation addresses near record 800K despite whale selling
26.12.2022
Someone has been accumulating BTC throughout the 2022 Bitcoin bear market, and the trend shows no sign of reversing
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Monday as Markets Remain Sluggish Following Christmas
26.12.2022
Cryptocurrencies were mostly consolidating on Dec. 26, as markets remained muted following the Christmas weekend. Bitcoin remained marginally above a key support point at $16,800, whilst ethereum remained near a ceiling at the $1,230 mark. Overall, the global crypto market is up 0.20% as...
Ethereum (ETH) continues consolidation and trades near $1.2K!
26.12.2022
Ethereum blockchain has again shut the competitors out of their advantage of the Proof of Stake validation protocol. Ethereum’s new game plan shifted towards holding its market position and projecting itself as a viable and capable blockchain for handling new challenges in transaction...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,230 Resistance, Following Strong US GDP Data
23.12.2022
Ethereum edged closer to a key resistance level of $1,230 on Dec. 23, as markets continued to react to better than expected U.S. GDP data. Gross domestic product in the United States was revised higher to 3.2%, better than the 2.9% expected. Bitcoin mostly consolidated in today’s session...
Polkadot (DOT) breaks strong support and trades near $4!
22.12.2022
Polkadot is a fully sharded blockchain that was created to interlink the permissionless and private blockchains that relate to a decentralized web allowing holders of the DOT tokens to be in control. Hence, the Polkadot relay chain and its multi-sharded origins would become a strong platform...
XRP fails to end consolidation near 100 EMA repeatedly!
21.12.2022
In December 2022, someone mentioning XRP immediately thinks about the update on its SEC lawsuit. While there have been some legal complications made aware to the public, the resulting movement for XRP shouldn’t be affected by the same. XRP has been working as a decentralized ledger, but there...
Biggest Movers: DOGE, LTC Near 3-Week Lows on Thursday
15.12.2022
Dogecoin was trading close to a three-week low on Thursday, following the release of retail sales figures in the United States. Customer spending fell by more than expected in November, dropping by 0.6% last month. Litecoin slipped for a second successive session, falling to its lowest point since...
Best Crypto to Buy Today 14 December – D2T, NEAR, TARO, AVAX, RIA
14.12.2022
Read More: Best Crypto to Buy Today 14 December – D2T, NEAR, TARO, AVAX, RIA
Crypto Market’s Near-Apocalypse in 2022 Turns Zombie Tokens Into Dead Coins
13.12.2022
The number of cryptocurrencies has dropped by about 1,000 since early 2022, the biggest-ever decline in the 13-year-old crypto industry’s volatile history, according to Statista. Analysts say project failures could be associated with no buyers or rug pulls
Fractionalized NFT marketplace SmarterWorx recommended alongside Terra Luna Classic and Near Protocol
12.12.2022
It is no secret that cryptocurrencies are an exciting and dynamic space. Emerging projects are popping up all over the place, and investors are hoping to get in on the ground floor with the next big thing. One such project that has been gaining traction recently is SmarterWorx. According to...
BNB is facing consolidation near the 100 EMA curve!
9.12.2022
BNB currently ranks 4th in the market capitalization of $46 billion, with 80% of BNB tokens entered into the circulation supply. Being the first token network to apply the deflationary scheme of burning tokens at repeated intervals. By December 2022, Binance has already burnt close to 20% of...
GameStop to drop crypto efforts as Q3 losses near $95M
9.12.2022
The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans
Grayscale Bitcoin Trust Discount Widens to Record High Near 50%
8.12.2022
The shares have not traded at a premium to bitcoin since March 2021
Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments
8.12.2022
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the company spent more than $5 billion on hundreds...