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Bitcoin’s “hedge” narrative is dead, as speculative price action continues

Key Takeaways Crypto has risen to start the year off the back of expectations that interest rates may be cut sooner than anticipated This contrasts with the view that crypto is uncorrelated, proving it false Assessing the price action of crypto through the pandemic and subsequent rate-raising cycle shows an extremely risky asset class that […] The post Bitcoin’s “hedge” narrative is dead, as speculative price action continues appeared first on CoinJournal. дальше »

2023-1-24 16:50


Crypto prices surge via strongest rally in 9 months, but why?

Key Takeaways Bitcoin is back in the 20s, Ethereum has crossed $1,500 and altcoins are powering north in what is the biggest crypto rally in 9 month Optimism that Federal Reserve will pivot off high interest policy sooner than expected, following cooler inflation data Next big day for crypto markets is February 1st, when the […] The post Crypto prices surge via strongest rally in 9 months, but why? appeared first on CoinJournal. дальше »

2023-1-17 14:15


What do layoffs at Crypto.com mean? Crypto winter rages on

Key Takeaways Crypto. com is laying off 20% of its workforce, having cut 5% last summer Fellow exchanges Coinbase, Kraken, Huobi and Swyftx have all downsized over last month Tech sector as a whole is laying off thousands, with Amazon, Salesforce, Meta and Twitter just a few of the big names Crypto sector misjudged its vulnerability […] The post What do layoffs at Crypto. дальше »

2023-1-13 15:58


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Goldman Sachs Retrenches 3,000+ Workers, Launches Digital Asset Platform Amidst Bear Run

US Bank, Goldman Sachs, has announced plans to lay off 3,200 workers, starting this week. Falling 2% short of its intended cut-back, close to 629 workers will heave a sigh of relief as they continue to keep their jobs alongside the rest 45,300 workers who make up the bank’s total workforce. The bank, disclosed the […] дальше »

2023-1-13 21:47


Binance To Increase Workforce By 15%-30% Despite Crypto Winter

Crypto exchange Binance has decided to conduct a hiring drive amidst the market turmoil, especially when rival exchanges have been laying off employees constantly. The crypto exchange will, or at least is planning to, increase its workforce by 15-30% in 2023, as mentioned by Binance CEO Changpeng Zhao at the Crypto Finance Conference held in […] дальше »

2023-1-12 18:00