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Nalezeno "UK Crypto Market": 2057

Coinbase Reduces the Size of the Firm’s Workforce by 18%

14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

14.6.2022
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows...

Illicit crypto usage as a percent of total usage has fallen: Report

14.6.2022
A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline

Almost $100M exits US crypto funds in anticipation of hawkish monetary policy

14.6.2022
“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote

Crypto Lending Company Blockfi Cuts Staff by 20%

13.6.2022
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...

Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity

13.6.2022
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital...

Top NFT Collections See Price Crash Amid Crypto Market Panic

13.6.2022
The floor prices of some of the top non-fungible token (NFT) collections are crashing in the market, both in ethereum (ETH) and US dollar terms. The crash in NFT floor prices has accelerated over the past week for all three of today’s top NFT collections by trading volume; Bored Ape Yacht Club...

Crypto Market Cap Falls Below $1T for First Time Since Early 2021

13.6.2022
Bitcoin lost some 13% of its value in the past 24 hours

Desperate Celsius Users Face Liquidations as Crypto Market Tanks, Solvency Debate Begins

13.6.2022
Some users of Celsius (CEL), a troubled major crypto lender, are facing liquidations of their trading positions as the crypto market crashes and industry players discuss (in)solvency of Celsius and chances to sue the company. To make things worse, the company has also suspended withdrawals...

Bitcoin passes $23.8K May low as crypto market cap drops under $1 trillion

13.6.2022
The crypto sell-off is in full swing and Wall Street has not even opened yet

EU Nears Agreement on Crypto Regulations, Report Reveals

12.6.2022
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month. Deal on EU Crypto...

Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets

12.6.2022
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoin is still a top ten contender among the largest...

The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell

11.6.2022
An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making

Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

11.6.2022
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since...

Biggest Movers: XTZ and LINK Surge to 1-Month Highs on Thursday

9.6.2022
Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today’s session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued...

Virtu Sees Crypto Market-Making Opportunity, Has Little Confidence in Incumbents, CEO Says

9.6.2022
Virtu Financial's CEO said he's positive on building a crypto marketplace with Citadel

Blockchain Games Strongest Category Amid Crypto Market Downturn

8.6.2022
Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar’s Industry Report for May shows. The sector’s resilience is clear despite a drop in the number of game transactions of 5% in May compared...