Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort. As much as 10% of Block’s workforce may be affected,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The price of Bitcoin is nearly 45% away from its all-time high of $126,080, reflecting a worsening market climate over the past few months. One of the…
Ethereum (ETH) has declined noticeably over the past week, with price data from CoinMarketCap reporting a net 14% decline within this period. At the time of the most recent data, ETH is trading around $2,000, significantly lower than the past…
Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish. According to ARK’s trade disclosures,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the past week, Bitcoin has been experiencing an intense movement as prices slid sharply from around $84,000 to around $60,000, representing one of the largest weekly…
Ethereum’s recent sell-off has weighed heavily on sentiment after the price fell below the $2,000 level and pulled much of the altcoin market lower alongside it. The move has caused sweeping fear and caution among Ethereum traders. However, some analysts…
The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom Farley. “I was in the exchange sector during continual…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether found itself at the center of two big stories this week, one legal and one market-driven, each showing a different side of how stablecoins shape crypto…
The XRP price has hit oversold levels, marking its lowest readings in history. A crypto analyst has reported that each time XRP has reached these levels, a price bounce has followed. Based on this, he believes that XRP could be…
Retail investors are scrutinizing the crypto market for signs that it may have bottomed out to gauge when to buy more crypto assets, according to crypto sentiment platform Santiment. “Retail traders are trying to meta-analyze the market, looking for signs…