As crypto markets bleed, this is what experts have to say

As crypto markets bleed, this is what experts have to say

The last twenty-four hours have been a massacre on the cryptocurrency markets. As per data from CoinMarketCap, the global market capitalization has decreased by 13.63 per cent over the past twenty-four hours to $901 billion…

BlockFi Cuts 20% of Workforce Amid Crypto Downturn

BlockFi Cuts 20% of Workforce Amid Crypto Downturn

Key Takeaways BlockFi is firing 20% of its employees due to dramatic market conditions. The company is focusing on profitability ahead of what it acknowledges could be a prolonged global recession. Other crypto companies such…

Coinbase Stock Falls 15% As Cryptocurrencies Lose Billions

Coinbase Stock Falls 15% As Cryptocurrencies Lose Billions

Coinbase fell 15% Monday amid a broader crypto selloff. Cryptocurrencies lost billions and fell below a $1 trillion market cap. Investors are fleeing risk assets in light of Friday’s inflation report. Loading Something is loading.…

Bitcoin Crash Causes Crypto Stocks To Plummet

Bitcoin Crash Causes Crypto Stocks To Plummet

Business Trends Graphs and charts 3d imagegetty Following the crypto market’s ugly turn on Monday morning, which saw bitcoin fall to its lowest level since December 2020 and ether start to risk falling below $1,000,…

Bitcoin price: Crypto lender Celsius suspends business

Bitcoin price: Crypto lender Celsius suspends business

The Celsius Network, which has 1.7 million customers, said on Monday that “extreme market conditions” had forced it to temporarily halt all withdrawals, crypto swaps and transfers between accounts.”We are taking this necessary action for…