Dogecoin, the largest memecoin and Tesla CEO Elon Musk’s favorite crypto, exhibited a 24% price surge since last week. The episodic spikes in DOGE’s price never fail to conquer the crypto community’s attention. Rationale Behind Dogecoin Price Surge? No single event or action can be regarded as the prime reason
Operating as the third largest crypto exchange, FTX is now at zero level due to its highly-spoken liquidity crunch. Moreover, the collapse of FTX has shook the entire investors community and large users for investing in crypto markets. At present the whole crypto market is bearish with fall in prices
The third quarter of this year saw a record low of $4.4 billion in venture capital financing. Coinbase said that it does not anticipate a rapid recovery in the cryptocurrency market. Although the total value of the cryptocurrency market has risen to over $1 trillion in recent weeks, JPMorgan has
A number of big crypto firms have already announced layoffs this year. New leadership at NYDIG includes Tejas Shah as CEO. NYDIG announced in January that it had secured $1 billion at a valuation of over $7 billion. With the intention of expanding its institutional-grade Bitcoin platform to include Lightning
Pullum also stated his belief that more progress in the crypto field will be made in the future. According to the co-founder of Satoshi Solution, recruiting will increase in 2022. As the crypto markets continue to plummet, the majority of crypto businesses announced layoffs earlier this year. And larger firms,
It took a while but that crypto winter crypto natives were scared of when digital assets reached all time highs in 2021 is now here. When a coin shilled by Kim Kardashian got dumped so quickly that its holders sued her, people got the first signal that the market was
The sharp increase in crypto assets in 2021 only portended a sharp decline in asset prices. NFTs, especially those that are artistic, only started to gain popularity in 2021. If 2020 and 2021 were the falls and summers of crypto, it’s clear that 2022 is crypto’s winter. For people and
The CEO has no preference for whatever government agency oversaw the sector. Some of the rescue investments were successful, according to Bankman-Fried. FTX CEO Sam Bankman-Fried has said that the crypto winter might have been considerably worse in terms of asset values. The sector, according to the billionaire investor, requires
Armstrong, the CEO of Coinbase alerted the investors. The crypto winter scenario has even led Coinbase to lay off the workforce in June. The CEO of Coinbase, Brian Armstrong, hinted on CNBC that investors should be extremely cautious as the crypto rescission has been occurring over the past few days
Almost 100 new Cardano projects were launched last week as per statistics. 2,500 Github contributions took place in the past week alone. More than 1,040 Cardano apps are now under development, according to Essential Cardano’s website, which regularly monitors Cardano’s network and critical metrics. The Essential Cardano infographic presents many
