A major capital reset is underway, according to on-chain analytics provider Glassnode. In its “week on-chain” report on Dec. 5, the firm said the FTX collapse caused “one of the largest deleveraging events in digital […]
Bear markets always appear to be long, drawn-out affairs, but the steep downtrend only really lasts a year or so. The crypto industry hit its all-time high of just over $3 trillion in market capitalization […]
Over a year after the first Bitcoin futures ETF went live in the States, Bitwise has filed to launch its own such product. This comes despite the ongoing bear market, which has seen prices decline […]
The cryptocurrency winter has been colder for some than others. While some cryptocurrency exchanges are forced to conduct massive employee layoffs to weather the bear market, others like Bitget continue to make massive hires to […]
One of the popular cryptocurrency platforms in Argentina – Lemon Cash – dismissed 38% of its total workforce to endure the current difficult times. CEO Marcelo Cavazzoli assured the layoffs have no relation to the […]
The Bitcoin supply in profit metric could hint that the current bear market hasn’t been painful enough yet for the cyclical bottom to be formed. Bitcoin Supply In Profit Has Plummeted To 45% Following Crash […]
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