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Crypto.com Reportedly Reduces Workforce Since Initial Layoff Announcement; Canaan Sees 'Prolonged Headwinds' After Challenging Quarter

Crypto exchange Crypto.com has laid off hundreds more employees since the initial layoffs in June, according to The Verge. Bitcoin mining rig maker Canaan said tougher market conditions will hurt its financial performance near-term after a difficult second quarter. Cowen analyst Stephen Glagola downgrades his rating on bitcoin miner Stronghold Digital.

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Politiche

Cripto.com Exchange si registra presso l'autorità di regolamentazione finanziaria del Regno Unito

La registrazione consente a Cripto.com di svolgere "determinate attività relative alle Cripto ".

The Financial Conduct Authority regulates the U.K. crypto market. (Shutterstock)

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Ether Overtakes Bitcoin in Options Market for First Time

Ether (ETH), the native token of Ethereum’s blockchain, has overtaken industry leader bitcoin (BTC) in the options market for the first time on record. Plus, activity in the ether spot market is also picking up. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Opinioni

Cripto.com e FTX puntano molto sui diritti di denominazione degli stadi prima del crollo Cripto . Cosa succede se T possono permettersi di pagare?

Il fascino di un accordo di denominazione di uno stadio può diventare aspro: basta chiedere a Enron. Ecco come un accordo potrebbe sgretolarsi se le cose vanno male.

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Coin Metrics’ Blockchain Heat Map Shows When Bitcoin is Most Active

Bitcoin is the most active during European/U.S. business hours, according to Coin Metrics’ ATLAS blockchain heat map. The percentage of bitcoin activity in Asia/Pacific hours dropped around July 2021, which could be a result of China's mining ban. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin’s On-Chain Metrics Suggest Buying Opportunities Amid Dip Below $22K

Bitcoin’s net unrealized profit/loss chart is in the ‘capitulation’ zone, suggesting buying opportunities relative to historical price action despite its drop below $22,000. Plus, insights into bitcoin’s inflows and whales selling as “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Bitcoin Heads for Best Weekly Performance Since March

Bitcoin (BTC) is heading toward a 12% weekly gain, its best weekly performance since March. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin's Transaction Volume Slowing Down After June Dip Buys

New data from Santiment reveals bitcoin (BTC) transaction volume is beginning to normalize after a big month of buying and selling. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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New Metric Identifies Potential BTC Bottom

The Bitcoin Energy Gravity Model tracks the relationship between bitcoin's price and its cost of production, which could lead to some insights on when it's overbought or bottoming out. ""All About Bitcoin"" host Christine Lee breaks down the Chart of the Day.

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