Amid the current market collapse, new data reveals that crypto whales had taken advantage of the chance to acquire Bitcoin (BTC) when the asset came dangerously close to plunging below the critical su...
Tag: Winter
Crypto Winter Layoffs? Binance Is Hiring While Most Exchanges Are Firing, CEO Says
While other cryptocurrency exchanges are firing staff, the world’s biggest is reportedly on a hiring spree. According to Fortune magazine, Binance is making the most of the crypto winter—its CEO said...
How to Survive a Crypto Winter
Cryptocurrency prices are affected by the law of demand and supply. As the demand increases, with supply unchanged, the prices go higher. As the supply increases with decreasing demand, the prices fal...
Coinbase Slashes Workforce by 18% to Prepare for ‘Extended’ Crypto Winter
The leading U.S. crypto exchange Coinbase is cutting its workforce by 18% in preparation for the possibility of an “extended” crypto winter. In a blog post from CEO Brian Armstrong, the co...
Binance CEO plans to leverage crypto winter
Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business. When asked how Binance will fare during the current crypto winter f...
5 practical tips for crypto trading: Facing the challenges of a crypto winter
After an interview with Newstex, the Cryptopolitan team continues to spruce up and gear up the site for the coming challenges of crypto winter. How can crypto journalists write about prices dropping a...
Coinbase employees Fall Victim To Crypto Winter, Again
Top cryptocurrency major exchange Coinbase on Tuesday announced yet another cost cutting measure in the wake of the latest crash. It said it is forced to take the decision to cut Coinbase employees si...
Coinbase CEO Brian Armstrong Announces Massive Staff Cuts, Citing Recession and Crypto Winter
The head of leading US-based crypto exchange is making significant company-wide layoffs in preparation for a crypto winter. In a new blog post, Coinbase CEO Brian Armstrong announced the exchange will...
Exchange to Reduce Workforce by 18% Amid Crypto Winter
As the current bearish trends grow stronger, the leading United States cryptocurrency exchange, Coinbase, said it is planning to lay off 18% of its workforce, representing about 1,100 employees. Coinb...
Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workf...
Virtual Land Prices: In Crypto Winter, Where are They Headed?
Virtual Land Prices and Metaverse platforms have begun to struggle in the face of sharp value losses. The tokens of Decentraland (MANA Coin), The Sandbox (SAND Coin) and Otherside (APE Coin) have lost...
BlockFi Reduces Workforce by 20% as Crypto Winter Intensifies
The current bearish market trend is affecting both investors and companies in the crypto industry. While investors scratch their heads in losses, firms such as crypto lending exchange BlockFi are taki...
CZ Binance Says Now is a Great Time to Hire and Acquire Despite Crypto Winter
Despite the unfavorable conditions in the crypto market, Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, said that the company is increasing its workforce and acquisitions. A Healthy War ...
Crypto Winter Has Arrived: Is It Time To Buy The Blood In Bitcoin?
The crypto market has now declined to one of its lowest points in two years as bitcoin and others have fallen, and this has struck fear in the hearts of investors. Due to investors being too scared to...
What Fidelity Investment chair Abby Johnson has to say about her third crypto winter?
On the current ongoing bear market, Fidelity Investment chairperson has put her views in a recent conversation On the first day of the Consensus event of 2022 on thursday, 9th June, 2022 going on in A...
How The Crypto Winter Has Impacted The DeFi Sector
The crypto market trends to the downside as major assets are unable to break above local resistance. As per usual, the dominant trend picks winners and losers and unfortunately, the altcoin markets ha...
Bitcoin ETPs Buck Crypto Winter Trend, Boast New ATH
With the rise of bitcoin in 2021 had come more institutional interest in the digital asset. Funds quickly adapted to the changing landscape, offering new ways for their clients to get exposure to the ...
FTX Chief Sam Bankman-Fried Says Firm Will Continue Hiring As Others Cut Jobs Amid Crypto Winter
FTX chief executive Sam Bankman-Fried says his exchange plans to continue hiring new people despite the crypto market downturn. Bankman-Fried says FTX has focused on expanding its workforce in a slowe...
NFT Winter? Next Earth is Still Going Strong – crypto.news
From AI to crypto, any new technology needs time and resources to grow. Given the need for these factors, there often comes a time when technology funding and development goes into a lull, and that ma...
Is the Crypto Winter Concluding?
Bitcoin, the king of crypto with the largest market capitalization, still maintains its dominance with more than double the market value of ETH. With its $598,072,136,863 valuations, there wouldn’t be...
Some Alternatives to Get You Through a Crypto Winter
UnStablecoins: Nobody can guarantee 100% stability of their assets. But there are some alternative investments that can keep you going through a crypto winter, says Dyma Budorin, CEO at Hacken. In May...
‘Crypto Winter’ Forcing Exchanges In Latin America To Sack Employees
Approximately 90 staff have been let go by the Brazilian crypto unicorn 2TM, citing ‘Crypto Winter’ or the prolonged period of flat trading following a price collapse, sources with knowledge of the ma...
Profit Opportunities During a Crypto Winter
Since the crash of algorithmic stablecoin LUNA in early May, the crypto market has seen over US$45 billion lost in value, shattering the dreams of thousands of investors, some who invested their life...
LatAm Bitcoin Exchanges Announce Major Layoffs to Prepare for Crypto Winter
The onset of Crypto Winter is not only affecting retail investors. Six of the most important cryptocurrency exchanges in the U.S. and Latin America have announced massive layoffs and changes in their ...
Huobi Global: Providing profit opportunities during a crypto winter
Since the crash of algorithmic stablecoin LUNA in early May, the crypto market has seen over US$45 billion lost in value, shattering the dreams of thousands of investors, some of who invested their li...
Gemini Cutting 10% Jobs in Wake of ‘Crypto Winter;’ Exchange to Focus on Critical Products
Crypto billionaires and co-founders of Gemini, Cameron and Tyler Winklevoss, have announced that the exchange will ‘part ways with approximately 10% of the workforce.’ In a blog post on June 2, the fo...
New stats show Cardano on the up despite ‘crypto winter’
? Want to work with us? CryptoSlate is hiring for a handful of positions! Cardano Foundation has released its monthly wrap-up of on-chain data showing that its on-chain transactions have increased by ...
Winklevoss’ Gemini Will Lay Off 10% of its Staff Amid Crypto Winter
Gemini – the crypto exchange spearheaded by billionaire twins Cameron and Tyler Winklevoss – announced first-ever job cuts as the months-long crypto selloff had shown no signs of reversal yet. Around ...
Gemini Announces 10% Reduction In Employment To Survive Crypto Winter
For the first time, Gemini Trust Co., a crypto exchange established by two brothers, Tyler and Cameron Winklevoss, has announced a 10% reduction in employment due to the overall industry decline. Gemi...
Gemini Cuts Staff By 10%, Blames “Crypto Winter”
Key Takeaways Crypto exchange Gemini announced today that it would be cutting approximately 10% of its workforce. The exchange cited the prolonged crypto downturn and the “macroeconomic and geop...
Gemini Lays Off 10% of Staff to Prepare for Crypto Winter
Lagging crypto markets have landed another blow on the industry’s workforce. Gemini Trust Co. is laying off 10% of staff in an effort to help the firm weather “crypto winter,” billionaire brothers Ty...