Bear market
Crypto Layoffs: Amber Group, Bybit, Kraken, Lemon Cash, Among Firms Forced to Make Mass Job Cuts
As the bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
Are We Near a Crypto Bottom?
eToro Crypto Consultant Glen Goodman discusses why we may be near the bottom of the crypto bear market as the latest Google Trends data shows increasing searches for "bitcoin is dead" and "crypto is dead.” Plus, the latest on institutional investments and bitcoin's dominance in the crypto market.
Bybit despedirá 30% de su personal por el invierno cripto
El exchange está intentando “reenfocarse” en medio de un “mercado bajista cada vez más profundo”, dijo el CEO en Twitter.
Bybit to Lay Off 30% of Staff Amid Crypto Winter
The exchange is trying to "refocus" amid a "deepening bear market," its CEO said on Twitter.
Some Things to Be Thankful For, Even Though Everything in Crypto Is On Fire
This has been an overall bad year for crypto, but here are some positive things.
Jump Crypto, Aptos Labs Commit to Binance-Led $1B Recovery Fund
Binance said it plans to increase the fund to $2 billion as it expects participation to increase.
Crypto Funds Record Largest Inflows in 14 Weeks
The current bear market is reminiscent of bitcoin's capitulation in November 2018 when the cryptocurrency dropped 50% from its peak a year earlier in 2017. Meanwhile, crypto funds saw net inflows of $42 million last week, their largest in 14 weeks. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Crypto Investor Protocol Ventures to Shutter and Return Cash: Report
Investors in the San Francisco-based fund of funds have reportedly lost as much as 90% over the past year.
