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Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer
23.9.2023
Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting...
Biggest Crypto Gainers Today on DEXTools – BEAR, CAL, MANE
22.9.2023
Bitcoin (BTC) is consolidating in the $26,600s on Friday, roughly in line with where it started the week as traders digest recent macro developments, like a further push higher in US yields to new multi-year/decade highs in wake of this week’s hawkish leaning Fed policy announcement....
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Prime Trust Crypto Custodian Signals Potential Layoffs for 62 Employees – Is the Bear Market to Blame?
20.9.2023
Now-bankrupt crypto custodian Prime Trust has notified employees of potential layoffs affecting 62 individuals within the next two months, according to Nevada's Department of Employment, Training & Rehabilitation.
This news comes shortly after the company made significant workforce reductions...
These Crypto Websites are Defying the Bear Market – What's Going On?
19.9.2023
Is 2023 really worth calling a ‘bear market’ year for crypto? A look at website traffic data for major industry domains suggests the answer may be a bit complicated.
On one hand, data from Similarweb – a web analytics platform – reveals a decline in monthly website visits for both Binance...
Disney World Partially Closed After Wild Bear Sneaks Inside
18.9.2023
When you go to Disney World in Florida, you expect many things. Exciting rides, overpriced food, lots of fun characters to meet, long lines, and maybe some memory-making with friends and loved ones. What you likely don’t expect to see is a big ol’ bear—a real, wild one, not a Country Bear Jamboree...
Navigating the bear: How Domini.art, Litecoin, and Optimism are still winning?
18.9.2023
Litecoin ($LTC) and Optimism ($OP) are top crypto projects whose recent developments have attracted ongoing attention from traders, developers, and investors alike – even in this bear market cycle. Litecoin recently halved its miner rewards, while Optimism anchors Worldcoin ($WLD), a project...
What bear market? These crypto websites see traffic rising in 2023
18.9.2023
Crypto exchanges HTX (formerly Huobi) and OKX have seen their traffic surging 200% and 185% YTD, respectively
LBank Announces Second Launchpad Project – MetaExpand (UMM)
14.9.2023
PRESS RELEASE. Recently, market sentiment and expectations for the GameFi sector (also known as ‘X to Earn’) have soared again. LBank’s first Launchpad PINS (Chat to Earn) from last month has seen an increase of 1600% even in a bear market. According to the announcement, LBank...
Dunhill Family Office Makes Bear Market Bet on Crypto
12.9.2023
The family office is investing through its Dunhill Ventures subsidiary into Lichtenstein-regulated VC firm Mocha Ventures
NFT Video Startup Glass Falls to Crypto Bear Market
8.9.2023
The startup’s founders say they’re ending active development after two years
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
5.9.2023
A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...
Biggest Crypto Gainers Today on DEXTools – AGI, JNY, PAPA
5.9.2023
There's been a noticeable divergence between Bitcoin and the stock market in recent months, which could presage an economic recession, according to Bloomberg strategist Mike McGlone.
He pointed out that after months of outperforming the Nasdaq 100 index, Bitcoin dropped 15% in the third quarter...
Crypto Infrastructure Provider Qredo Slashes Staff, Cuts Annual Expenses by 35% – Bear Market Continues?
5.9.2023
Crypto infrastructure provider Qredo has announced plans to reduce staff and expenses as it navigates the challenges posed by the ongoing bear market.
Qredo has let go of approximately 50 employees, including several senior executives, according to three sources familiar with the matter.
Among...
No, Bitcoin is not in its ‘longest ever bear market’ — Here's why
31.8.2023
Based on some definitions of a bear market, the current cycle is not the longest crypto winter ever seen and may not even be a bear market
Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump
29.8.2023
Indian crypto exchanges like CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS
Is Bitcoin’s future secure amidst a prolonged bear phase?
29.8.2023
Bitcoin, the pioneer of cryptocurrencies, has been too volatile. If you started investing in Bitcoin in 2020, you might find the current market condition ‘bearish.’ It is called time capitulation. You can also consider it as the extended bear market that Bitcoin is currently experiencing. In this...
Analysts Introduce Innovative Framework to Decode Bitcoin Economy in Bear Market
27.8.2023
Investment firm Ark Invest and blockchain security firm Glassnode have revealed a conceptual framework for understanding the Bitcoin (BTC) economy amid the ongoing bear market.
On Thursday, Ark Invest unveiled the whitepaper, titled "Cointime Economics: A New Framework For Bitcoin On-chain...
JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion
26.8.2023
A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s “limited downside for crypto markets over...
The Baldur’s Gate 3 Sex Scenes, Ranked From Worst To Best
24.8.2023
If you’ve been even passively paying attention to Baldur’s Gate 3, the latest, perhaps greatest, fantasy RPG from Larian Studios, you know there’s a lot of sex in it. Some would argue too much, while others might say it’s exactly the amount you tend to see when hot people get thrown into...
Is the 25% drop in PEPE, SHIB and APE a sign of a deepening crypto bear market?
22.8.2023
Meme coins reflect a higher beta to the entire crypto sector, but does their recent 25% price drop signal a deepening bear market for BTC, ETH and large caps?