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Coinbase CEO Brian Armstrong officially announced on Tuesday that he made a "difficult decision" to reduce the size of the Coinbase team by about 18% due to a starting economic recession.“We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto
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Anthony Scaramucci, the founder of Skybridge Capital, a $3.5 billion asset management firm, has some advice for crypto investors on how to survive a bear market and a crypto bloodbath. Scaramucci on How to Survive Crypto Bear Market Skybridge Capital founder Anthony Scaramucci shared his bitcoin outlook and advice on how to
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A crypto bear market is characterized by falling prices and a significant drop in cryptocurrency market capitalization. This means that a bear market has occurred when the total value of all cryptocurrencies falls below $200 billion. Bear markets can last for days or months but always end with a bull
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Usually, bear markets bring about a feeling of uncertainty in any investor. Even more so for a newcomer, for whom it can feel like the end of the world. It may even be common knowledge that during bull cycles, investors are sure of making gains. Whereas in bear markets such
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Crypto newcomers are troubled about deciding their next move as the market becomes unpredictable. Because of this, crypto community members handed out their advice to those trying to navigate through the cold crypto winter. In a Twitter thread, nonfungible token (NFT) collector and trader Krissyos highlighted the importance of having a
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Web3 venture Krew Studios has released further details about its much-hyped NFT avatar project Pastel World, both in a lengthy Twitter thread and freshly-updated litepaper. The startup, which was behind the smash-hit NFT collection MASKS from actor/artist Jordi Mollà, describes Pastel World as the “most ambitious project released by the Krew
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sponsored Next Earth, the virtual replica of Earth and now the third-largest metaverse, has remained resilient amidst a brutal bear market that has seen the value of almost everything drop precipitiously. Now, Next Earth is putting even more focus on its NXTT token to support a rally against the bear market.
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Early on, the decision to focus on the technology’s foundational level led Johnson’s team toward custody – but that was not one of the firm’s original use cases, she said, adding candidly that on the product side of things, she was not as far along as perhaps had been hoped
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He spoke today at CoinDesk’s Consensus conference, the world’s largest cryptocurrency event, and was joined on stage by other so-called “gigabrains” Kanav Kariy, the president of Jump Crypto, and Dawn Song, founder of Oasis Protocol, a privacy-focused blockchain lauded for its technical features. Original Source
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Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin (BTC) funds, signaling a more cautious approach to crypto allocation on the part of institutional investors. Bitcoin investment products saw cumulative inflows totaling $126 million in the week ending Saturday, according to the latest
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