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Crypto Companies Slash Ad Spending By 90% Amid Market Jitters
Numerous crypto companies are slashing their marketing budgets, despite the need to regain customer confidence in the asset class, which has fallen in recent months. After spending millions on multiple ad campaigns and Super Bowl commercials, many businesses are now reducing their advertising dollars because of the continued market instability. This year, prominent digital currency […] дальше »
2022-6-22 13:48 | |
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Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn
Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million amid a recent market rout squeezing miners’ profitability. The post Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn appeared first on BeInCrypto. дальше »
2022-6-22 05:00 | |
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Crypto companies pull out of sponsorship deals amid market downturn
New York Post reveals that cryptocurrency companies are cutting costs by pulling out of sponsorship and marketing deals as the crypto market crashed to its lowest in almost two years. The post Crypto companies pull out of sponsorship deals amid market downturn appeared first on CryptoSlate. дальше »
2022-6-21 19:00 | |
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Crypto exchange BlockFi secures $250M credit from FTX amid bear market
At a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds дальше »
2022-6-22 16:08 | |
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Bitcoin investors see record realized loss of $7B amid downturn
Bitcoin hodlers lost over $7 billion to the market crash between June 16 to June 18 as investors scrambled to sell coins they bought for higher prices, according to a Glassnode report. The post Bitcoin investors see record realized loss of $7B amid downturn appeared first on CryptoSlate. дальше »
2022-6-21 15:10 | |
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LBank Exchange continues to hire amid the massive crypto job cuts
Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market andThe post LBank Exchange continues to hire amid the massive crypto job cuts appeared first on AMBCrypto. дальше »
2022-6-21 14:45 | |
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How Celsius Network Is Proving Critics Wrong, Price Soars to $0.9 Amid Market Dip
It’s been eight days since Celsius Network Halted Swaps, Transfer, and Withdrawal, citing extreme market conditions. This came as the Crypto Market was experiencing a massive sell-off that saw Bitcoin hitting $17k low levels. дальше »
2022-6-21 07:52 | |
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BIS to launch market intelligence platform amid stablecoin, DeFi collapse
BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects. дальше »
2022-6-19 08:12 | |
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Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position
Crypto financial service provider Babel Finance has halted withdrawals and redemptions amid a market slump, soon after Celsius did the same, citing 'liquidity pressure' The post Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position appeared first on BeInCrypto. дальше »
2022-6-18 14:52 | |
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Tether's USDT market cap dips below $70B for an 8-month low
Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been growing notably, with the market value surging to $55 billion. дальше »
2022-6-18 16:22 | |
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Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market. дальше »
2022-6-18 15:38 | |
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Bear market no issue for Binance Labs’ DeFi incubation program
Binance Labs’ parent firm Binance is also looking to hire 2,000 employees amid the latest market decline as the firm sees bear markets as a “great time to bring on top talent.” дальше »
2022-6-18 13:35 | |
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BlockFi reportedly among firms that liquidated Three Arrows Capital
Latest report about Singapore-based crypto hedge fund Three Arrows Capital (3AC) notes that the venture firm has not met margin calls from lenders. The news looks to spell more gloom for the firm, which has dominated headlines across the market amid the crypto downturn. дальше »
2022-6-17 00:50 | |
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Binance CEO: Talent, not the market, is the limiting growth factor
Changpeng Zhao, founder and CEO of Binance, makes a prediction about crypto amid a market in turmoil and regulation on the horizon in an interview with CNBC’s Squawk Box. The future of stablecoins When asked if he thought the future of algorithmic stablecoins was now dead, Changpeng Zhao said: I don’t think so. дальше »
2022-6-17 18:30 | |
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Analyzing how GMT, GST tokens have fared amid current market turmoil
As most move-to-earn blockchain-based projects reel under the impact of the tight market conditions, STEPN appears to have been hit the most. Apart from struggling to keep gamers interested, since theThe post Analyzing how GMT, GST tokens have fared amid current market turmoil appeared first on AMBCrypto. дальше »
2022-6-15 19:30 | |
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A look at Warren Buffett’s cryptocurrency stance over the years
Amid the ongoing bloodbath in the cryptocurrency market, and billions of dollars being wiped off, Billionaire investor Warren Buffett’s remarks and actions can serve as a stepping stone going forward. дальше »
2022-6-16 19:12 | |
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Bitcoin Miners’ Exchange Flow Rises To Seven-Month High Amid Bloodbath
Bitcoin mining profitability has plummeted by more than 75% from the market peak, and is now at its lowest level since October 2020. Bitcoin Price Plummets Further Bitcoin’s price plummeted to a 52-week low of $20,800 on Wednesday, down from an all-time high of $68,788 by more than 70%. дальше »
2022-6-16 16:09 | |
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CipherTrace report shows a decline in illicit activity in the crypto ecosystem
Amid the extreme market conditions, a June 13 report by CipherTrace details positive developments in the crypto ecosystem, suggesting a decline in crypto-related crimes. The post CipherTrace report shows a decline in illicit activity in the crypto ecosystem appeared first on CryptoSlate. дальше »
2022-6-15 09:15 | |
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First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle
The largest digital asset by market cap could dip below $20,000 in the near future and is unlikely to rebound until macroeconomic conditions improve. дальше »
2022-6-15 03:31 | |
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SEC chair warns about 'too good to be true' returns amid market downturn
Gary Gensler added that he continued to be “intrigued with the technology,” but did not directly address if the SEC would approve a Bitcoin exchange-traded fund. дальше »
2022-6-14 18:30 | |
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Cryptocurrency crash will expose ‘really viable businesses and projects’
The crypto bear market continues to wipe billions of dollars’ worth of market value from projects, with Monday’s dramatic crash the latest installment of the downturn. Amid all these, the sector has seen Terra (LUNA) virtually “die”, while this week has the community watching events around major crypto lender Celsius Network. дальше »
2022-6-15 17:08 | |
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Crypto exchange Coinbase slashes staff by 18% amid bear market
After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession. дальше »
2022-6-14 16:28 | |
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NFT Floor Prices Plunging Amid Ongoing Crypto Market Pandemonium
The crypto markets has plunged by 14% over the past 24 hours, including the double whammy of Ethereum’s loss of 18% and Bitcon’s dip by 16% while NFT sales are also suffering from the crypto market crash but primarily because of ETH prices plummeting. дальше »
2022-6-14 16:26 | |
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Anthony Scaramucci Advises ‘Discipline’ During Crypto Market Decline
Anthony Scaramucci advises investors to “remain disciplined” amid a further crypto tumble coupled with threats of higher inflation. The post Anthony Scaramucci Advises ‘Discipline’ During Crypto Market Decline appeared first on BeInCrypto. дальше »
2022-6-14 05:30 | |
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Dogecoin Down 16%, Shiba Inu 12% As Crypto Market Burns
The top memecoins Dogecoin and Shiba Inu haven’t been spared in the latest crash in the crypto market as the coins are currently down 16% and 12%, respectively. Dogecoin And Shiba Inu Bleed Amid Wider Crypto Crash The memecoins had been having a rough time for a while now, much like the rest of the […] дальше »
2022-6-14 22:00 | |
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Bitcoin Dips To $23K As Total Crypto Market Cap Sinks Under $1 Trillion For First Time Since January 2021
The crypto market took a steep downward turn on Monday morning, with the majority of the top cryptocurrencies posting double-digit losses amid macroeconomic weakness and risks within the cryptosphere. дальше »
2022-6-13 17:21 | |
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Celsius pauses withdrawals amid market turmoil, triggering 74% drop in CEL
Celsius Network announced it had implemented a pause on withdrawals, swaps, and transfers between accounts in a notice sent Monday morning (GMT). The post Celsius pauses withdrawals amid market turmoil, triggering 74% drop in CEL appeared first on CryptoSlate. дальше »
2022-6-13 14:15 | |
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Terra 2.0 (LUNA) Price Declines by 14% Amid Bearish Momentum for Crypto Markets
Bitcoin and Ethereum are again showing bearish momentum as BTC and ETH have lost 5% in the past 24 hours. Terra 2. 0 (LUNA) is also down over 14%, currently trading at $4. 31, dipping below $1 billion market capitalization with a current valuation of $912 million. дальше »
2022-6-8 05:16 | |
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