Cryptocurrency Analysis and News Portal
Several crypto firms have made job cuts this week amid the ongoing crypto winter, retaining “impactful” employees as they prepare for a “longer downturn.”At least 216 jobs were slashed between three crypto firms – open-source software laboratory Protocol Labs, blockchain data firm Chainalysis and U.S. cryptocurrency exchange Bittrex, with reductions
Read More
Filing taxes for cryptocurrency can be a confusing and daunting task for many individuals. The United States Internal Revenue Service (IRS) treats cryptocurrency as property subject to capital gains taxes. Knowing this appears to make filing crypto taxes simple, but crypto’s unique nature means there are many unanswered questions.Accurately reporting
Read More
Season 4 (2023) is shaping up to be the most memorable yet, with drama in both the speaker’s race and crypto policy. The industry is at its lowest point in the show’s history as the damage done by FTX’s collapse continues to reverberate. Relationships are tarnished, skeptics are more emboldened
Read More
There is also a sophisticated trading element to the value increase. Historically, in the cases of the IMX and APE tokens late last year, token unlocks caused a period of downside price action. This prompted traders to short the tokens before the event, but based on the recent flurry of
Read More
Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe.It’s been a tough first few weeks of 2023 for crypto businesses and their staff. Within
Read More
'Degen' season smells like pixelated feetFeetpix.wtf’s newly launched nonfungible token (NFT) collection, “Feetpix” has seemingly taken the NFT community by storm with surging trading volumes, prompting some to suggest the return of “degen” season.Feetpix.wtf’s collection soared ahead of the likes of Bored Ape Yacht Club (BAYC) on Jan. 11 with
Read More
Scuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list of Formula One racing teams to end partnerships with their cryptocurrency sponsors. Ferrari exited its multi-year partnership deals with Velas Blockchain and chip manufacturing giant Snapdragon, resulting in a cumulative $55 million loss for the Italian team
Read More
’Twas the weeks before Christmas on a island far away,None could have foreseen crypto’s golden boy going astray.When politicians and firms took FTX‘s money with glee, Did they truly know the depth of one man’s duplicity?Imagine if you will, the exchange’s younger days,When business people showered the LoL player with
Read More
Each person who receives cryptocurrency becomes a member of a community already numbering in the millions, with common goals, interests and plans. But how can you find the right gift for the crypto enthusiast in your life when the holidays come around?It’s no secret that people struggle to choose gifts
Read More
The founder of blockchain investment firm Blocktower Capital, Ari Paul, after weighing in on the bear season, has likened the situation to the tech crash that happened in the year 2000. Paul compared Bitcoin (BTC) to Amazon, one of the companies that survived the market crash back then. Paul's points
Read More