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Crypto Winter Isn’t Chilling VCs From Investing in Web3, Says PitchBook Analyst
16.12.2022
Robert Le, senior emerging technology research analyst at the data and research company PitchBook, breaks down investment in the coming months and details which areas of the industry are seeing growth right now
Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch
16.12.2022
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles....
Could Rate That Crypto (RTC) be the crypto winter savior?
16.12.2022
There are over 21000 cryptocurrencies in existence at the last count. Not all of them are equally desirable, just as not all the real world’s currencies are on the same footing. Investors looking to enter the cryptoverse have a few questions: whether to buy a lot of one currency, divide their money...
Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead
15.12.2022
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile bankruptcies and amid tightening regulations....
New OECD report takes lessons from crypto winter, faults ‘financial engineering’
14.12.2022
The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment
Cryptowisser: 51 Crypto Exchanges Dead in 2022 – Exchange Deaths Down 40% Despite Crypto Winter
12.12.2022
PRESS RELEASE. Cryptowisser, a leading Crypto service comparison website, announces the launch of its annual Crypto exchange graveyard for 2022. This list is the only comprehensive database of “dead” cryptocurrency exchanges currently available. In 2022, 51 exchanges were reported...
Rock Legend Gene Simmons Is Holding Crypto Despite Market Sell-Offs and FTX Collapse
12.12.2022
Rock band Kiss’ lead singer Gene Simmons has confirmed that he is still holding crypto despite the crypto winter and the collapse of cryptocurrency exchange FTX. “I’m deep in crypto. I believe in it,” the rock legend affirmed. Noting that he has several cryptocurrencies...
Just 8% of Americans have a positive view of crypto: CNBC survey
8.12.2022
CNBC’s All-America Economic Survey was conducted towards the end of November, just a few weeks after the collapse of crypto exchange FTX
Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability
6.12.2022
Bitcoin miners are being caught between rising costs and the lower price of bitcoin
Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter
5.12.2022
The job cuts would equate to a reduction of almost 45% of Swyftx's workforce
Bybit to Lay Off 30% of Staff Amid Crypto Winter
5.12.2022
The exchange is trying to 'refocus' amid a 'deepening bear market', its CEO said on Twitter
Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain
4.12.2022
Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech and its uses citing several signs that he believes...
Economist Paul Krugman: Crypto in an ‘Endless Winter’, Never to Recover - Find Out Why
3.12.2022
Prominent economist Paul Krugman claimed the entire crypto market has entered an "endless winter" and will never recover again in an opinion published by the New York Times. He then doubled down on his theory citing the fact that his article attracted very little crypto bro outrage. ...
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Kraken cuts workforce by 30% in an effort to survive crypto winter
30.11.2022
According to its CEO, the exchange grew too quickly to accommodate the fast-growing crypto ecosystem
Kraken Cuts 30% of Workforce Amid Crypto Winter
30.11.2022
Kraken is feeling the cold
Morgan Stanley: Crypto Winter Hurt Confidence, but Building Digital Asset Infrastructure Remains Key
30.11.2022
Some investors see cryptocurrencies taking 10-15 years to become fully mainstream, the report said
Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff
29.11.2022
With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the...
Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive
28.11.2022
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook...
After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market
27.11.2022
On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took...
Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says
26.11.2022
EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also important that regulators crack down on obvious Ponzi schemes faster and with...