Crypto exchange Coinbase has paused its business in Japan and has advised customers to withdraw their assets from the platform, the company announced on Wednesday. Coinbase blamed the current ma...
Tag: Conditions
OSL Exchange Cuts Staff Due to Current Market Conditions
The Hong Kong-based crypto exchange OSL is reducing its headcount, but the country envisions becoming a crypto hub. The employees of the OSL exchange are the latest victim of the crypto winter, as the...
e-Money unfurls EEUR owing to bear market conditions
e-Money happens to be a Cosmos-based electronic payment system. After much deliberation, the entity has finally decided to pull back its euro-backed stablecoin EEUR. According to reliable sources in t...
Coinbase Continues Staff Layoffs Citing ‘Ongoing Market Conditions’ ⋆ ZyCrypto
Advertisement     Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce, to reduce costs – according to an internal memo. T...
SuperRare Reducing Its Staff by 30% Due to Adverse Market Conditions
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,96...
Litecoin Price Outperforms Amid Weak Crypto Market Conditions, Which is Next Resistance
No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
Genesis Announces 30% Layoffs Amid Sluggish Market Conditions
4 hours ago | 2 mins read Exchange News The company needs more time to find an appropriate solution to the current problems. Several businesses had financial difficulties, and some even declared bankr...
Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions – Economics Bitcoin News
2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as...
Crypto Bull Tom Lee Reveals 2023 Macro Outlook, Says This Year’s Terrible Conditions Are ‘Unlikely To Persist’
Fundstrat Global Advisors’ managing partner Tom Lee thinks the terrible macroeconomic conditions of 2022 are “unlikely to persist” next year. In a new Twitter thread, Lee says that he thinks inflation...
FTX ex-CEO Sam Bankman-Fried may have broken bail conditions, on-chain analysis shows
An in-depth analysis of the latest transactions by former FTX CEO Sam Bankman-Fried and now-defunct venture capital firm Alameda Research suggests that SBF may have broken his bail conditions. On Dec....
Chiliz Continues To Struggle In Current Market Conditions. Experts Guide Investors To HedgeUp To Diversify Portfolio
The crypto market suffered in 2022, and many cryptocurrencies experienced a decrease in their value. Towards the year’s second half, some cryptocurrencies started to regain their value, while others n...
Binance’s cloud mining affected by extreme weather conditions in North America
The severe winter storm in North America shut down Binance’s cloud mining products from Dec. 24-26, according to an official announcement on Dec. 28. As a result of the power outage, the company...
Kraken to withdraw from Japan, cites bad market conditions
The U.S.-based cryptocurrency exchange Kraken, founded in 2011, has said it will withdraw from Japan. The platform cites bad market conditions following the collapse of FTX. According to a Wednesday r...
IRS Delays $600 Crypto Tax Threshold, Citing Need To Clarify Conditions Before Rollout
The Internal Revenue Service (IRS) is delaying rolling out its new $600 reporting threshold for third-party settlements, saying that more clarity is needed before it can kick off. In a new press relea...
Curve’s magnet repels instead of attracting users- market in drought conditions
Curve DAO about to launch its stablecoin. Curve White Paper was released last month. CRV prices show no improvement or chances of rise. The price of Curve DAOs indigenous token CRV is on a const...
Central African Republic delays CBDC, cites unfavorable “market conditions”
According to a Reuters report, the Central African Republic (CAR) has publicly delayed its central bank digital currency (CBDC) due to adverse “market conditions.” The delay comes as the crypto indus...
Grayscale may return 20% of GBTC’s capital only if these conditions are met
Grayscale Investments has been in a legal battle with SEC since 2021. The SEC refused the firm’s request for a spot Bitcoin exchange, leading to the tussle. Grayscale Investments, the firm behind the ...
SBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept
After being denied bail in a Bahamas Magistrate Court, former FTX CEO Sam Bankman-Fried could spend up to two months in the country’s Fox Hill Prison, a facility with reported cases of physical abuse ...
Coinbase Shares Plummet to All-time Low Amid Market Conditions
15 seconds ago | 2 mins read Exchange News COIN hit a new low of $39.65 at the start of trading on this Monday. The price has fallen 60% from its all-time high of $98 in early August. Last week, Brian...
Altcoins to Lookout For, Amid the Low Volatile Market Conditions
Altcoins in recent times have been more robust compared to that the star crypto Bitcoin as they tend to rebound quickly with a slight change in the market sentiments. One of the popular analysts, Altc...
AVAX in hostile conditions, will technological updates come to its rescue
Avalanche made technological advancements for its validators. However, weighted sentiment against Avalanche remained negative and TVL continued to decline. In a tweet posted on 8 December, the officia...
Can Chainlink (LINK) Price Hit $10 In These Market Conditions?
The Chainlink (LINK) price broke out from a descending wedge on Nov. 23. This could be a rally that will take it back to double digits. The Chainlink price has traded close to $6.40 since May 9. While...
Koinly lays off 14% of staff, cites unfavorable market conditions
London-based early-stage crypto start-up Koinly is downsizing its workforce. Via a circular on Tuesday, the firm revealed that it will lay off 14% due to unfavourable crypto market conditions. The wor...
Ripple Continues Hiring Despite Bear Market Conditions
Fintech company Ripple continues to hire despite bearish market conditions exacerbated by a series of major industry firms going bankrupt, including Terra, Celsius and FTX. The job of a lifetime is ca...
Bybit Exchange To Lay Off 30% Staff Amid Sluggish Conditions
9 seconds ago | 2 mins read Exchange News Bybit co-founder and CEO Ben Zhou recently unveiled a restructuring plan. Zhou stated his intention to facilitate a painless separation from the company. Cryp...
Uniswap price analysis: Bearish market conditions caused UNI’s value to dip down to $6.16
Uniswap price analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since morning. Although the bulls were in the winning position, the be...
1 INCH moving inch by inch – mixed market conditions
The new upgrades regarding the wallet and its features try to regain its customers. The price goes up by a mere 2%, amounting to $0.52. The market signals strong selling signs with powerful bears. The...
Kraken to layoff 1,100 people to ‘adapt to current market conditions’
U.S.-based crypto exchange Kraken has announced laying off 1,100 staff members, equating to 30% of its workforce, as a response to weathering crypto winter. The blog post, signed by CEO Jesse Powell, ...
Amid Harsh Market Conditions, JP Morgan Saw ‘Good-Chance’
JP Morgan made a historical move by introducing a crypto wallet. JP Morgan has been at the forefront of exploring the usage of blockchain technology within financial services. The investment in the cr...
Dogecoin (DOGE) Price Rallies Despite Sluggish Market Conditions
9 seconds ago | 2 mins read Altcoin News There was a dramatic uptick in the price of Dogecoin, showing strength of purchasers. The meme coin is now trading at $0.09, an increase of 10.5% in 24 hours....