Cryptocurrency Analysis and News Portal
Going forward, crypto companies with valid use cases and utility are the ones that will best survive, according to Nicholas Strange, founder of Seattle-based hiring firm Crypto Talent. Many crypto firms have been through downturns before, and have become better at managing their treasuries, Strange told CryptoX. Additionally, quarter-over-quarter venture
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New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month. NY Attorney General Warns About Cryptocurrency New York Attorney General Letitia James issued a warning about investing in cryptocurrencies
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Coinbase announced the move on its blog following an announcement of layoffs at fellow exchange Gemini earlier today. Original Source
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The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins. Today’s summary: Bitcoin retests $30,000 after a rejection. Why is Ethereum lagging behind the rest of crypto? ICP posts insane intraday rally. Bitcoin Retests $30,000, Can
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Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions.Winklevoss’ crypto business Gemini Trust reportedly cut 10% of its employees amid the ongoing bear crypto market, the founders wrote
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Crypto exchange and custodian Gemini said that it will cut about 10% of its employees, citing “turbulent market conditions that are likely to persist for some time.” Original Source
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Summary: The founder and CEO of BTC.TOP mining, Jiang Zhuoer, has forecasted that the ongoing crypto bear market could end at the end of 2022 and coincide with Ethereum’s Merge. He also anticipates the Ethereum merge to happen between October and December. The Merge and EIP-1559 will make Ethereum the first real deflationary
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Bitcoin’s dominance of the crypto market has been on the rise. This naturally comes with every downtrend in the market because although bitcoin takes a hit, the altcoins always record the worse losses, leaving them with less dominance of the market. Bitcoin’s dominance has however not stopped here. It has
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“These companies have found themselves in a position where they made plans and commitments that assumed external capital, whether from public or private markets, would always be readily available," he said. "Now, the cost of capital, if available, just got more expensive, and some of these miners do not have
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Miner flows to exchanges have reached their highest point since January, Compass Mining – a bitcoin mining services company – wrote in a research note today using data from CoinMetrics. "Miners may begin to sell hodl'd Bitcoin into the open market," wrote Compass. "At the very least they are feeling
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