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What Ethereum Tech Trends Are Weathering the Bear Market?
18.1.2023
Zero-knowledge, staking and MEV are among the core tech concepts that have continued to attract attention amid the market slump. Valid Points is CoinDesk’s weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets
Crypto recruitment execs reveal the safest jobs amid layoff season
18.1.2023
The crypto industry has already seen more than 1,600 layoffs across the industry in the first two weeks of January
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
17.1.2023
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest...
Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says
17.1.2023
Developers are mainly focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report
Are We Witnessing the Return of the Crypto Bulls or a Bear Market Bull Trap?
17.1.2023
The cryptocurrency market has been on a roller coaster ride in recent months, with Bitcoin and Ethereum prices experiencing significant fluctuations. After a period of relative stability, BTC's price catapulted by a remarkable 28% in January, leading to liquidations worth more than $500 million...
Bitfarms seeks to modify loan facility with BlockFi as bear market drags on
13.1.2023
“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas
Crypto Terms Become Dirty Words as Bear Market Lingers
11.1.2023
Companies are taking steps to mask their industry ties during a time of scandals and losses
e-Money unfurls EEUR owing to bear market conditions
11.1.2023
e-Money happens to be a Cosmos-based electronic payment system. After much deliberation, the entity has finally decided to pull back its euro-backed stablecoin EEUR. According to reliable sources in their camp, this much-thought-out step has been taken considering the present crypto bear market...
Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff
10.1.2023
The news comes the same day crypto exchange Coinbase said it was cutting almost 20% of its workforce
Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market.
9.1.2023
Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings
El Salvador’s Bitcoin strategy evolved with the bear market in 2022
6.1.2023
After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
6.1.2023
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed...
Crypto Payments Company Wyre Reportedly Shutting Down Due to Market Downturn, Recently Valued at $1.5 Billion – Bear Market Getting Worse?
4.1.2023
Crypto payments company Wyre reportedly started laying off employees - but also decided on a complete shutdown.
Axios reported that the information was confirmed by two former employees. It cited one of these people as saying that the company's CEO Ioannis Giannaros sent an email to certain...
Web3 Co-Working Hub EmpireDAO Closes Amid Bear Market Woes
3.1.2023
The hopeful “WeWork of Web3” is closing its doors and looking for a new home just months after it opened at 190 Bowery in Manhattan
Major Game Publisher Square Enix Continues to Invest in Blockchain Games Despite Bear Market
3.1.2023
Prominent Japanese video game developer and publisher Square Enix has revealed that it will continue to invest in blockchain games despite the recent turbulence in the crypto market.
In a Sunday letter, Yosuke Matsuda, the president of the company, said the game publisher will double down on Web3...
Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom
27.12.2022
As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover...
Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
23.12.2022
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running
Bitcoin and Ethereum gave back their gains, but has anything actually changed?
16.12.2022
Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting
Minxie Launches NFT Project That Aims to Provide the Untapped Creator Economy With Solutions Through Blockchain
15.12.2022
PRESS RELEASE. “NFTs aren’t dead, they are going to be everywhere” says Tina Lou, Head of Marketing at Minxie, “and, actually, the bear market is the best thing that could have happened to them”, she continues, “We’ve weeded through scams and rug-pulls and the projects left standing are truly...
How hard has this bear market been for Bitcoin mining? Watch Market Talks on Cointelegraph
15.12.2022
Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk