Bear market
Despite Crypto Bear Market, Web3 Developers Are Still Building, Study Shows
A report from Web3 developer platform Alchemy shows the number of smart contracts deployed on Ethereum has increased by 40% since the end of the first quarter, despite ether’s 60% price plunge this year.
Binance Exec on the Company’s M&A Outlook
Binance CEO Changpeng Zhao (CZ) said the company may spend over $1 billion this year on deals. Chief Communications Officer Patrick Hillmann says “we’re going to continue to keep our powder dry” amid this bear market, while discussing the attractive projects they see in the space.
The Most Important Bear Market in Crypto History
This down cycle poses a question some crypto longtimers have never seriously considered before: What must be done to ensure there actually is another bull market?
'We're Mining as Usual' in Market Downturn: White Rock Management CEO
White Rock Management CEO Andy Long discusses how the company is still keeping mining operations running despite the turbulent crypto market. "You have to make sure that your operations are efficient" and not to "over-leverage yourself before the bear market," he said.
Emerging Markets Lead Global Crypto Adoption in Bear Market, Chainalysis Says
The blockchain analytics firm's 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading.
CleanSpark Exec on ‘Secret’ to Expanding in Bear Market
Bitcoin (BTC) miner CleanSpark (CLSK) has purchased 10,000 new mining rigs for $28 million after credits and discounts, a significant markdown from the manufacturer’s listed price. CleanSpark Chief Financial Officer Gary A. Vecchiarelli discusses his “secret” to expanding during a bear market and the impact of the market downturn on miners.
Current Crypto Winter Tracking 2018’s Bear Market: Arcane Research
Data from Arcane Research shows the current bear market is tracking the 2018 bear market, suggesting a bottom forming near the end of this year and prolonged duration of compressed volatility. Still, Arcane concludes today’s crypto market is far more developed versus past cycles.
Mercados cripto se estabilizan tras caídas semanales y traders muestran sesgo bajista a corto plazo
Bitcoin podría caer a “mínimos cercanos a $18.700”, dijo un trader.
