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No Imminent Crypto Market Upurge Expected Following Release Of June 2022 US CPI Data

At the last meeting in mid-June 2022, the Federal Open Market Committee (FOMC)  announced their biggest interest rate hike in four decades of 75 basis points. Following this interest rate announcement, the crypto markets collapsed in anticipation of future interest rate hikes to curb rising inflation amidst fears of a looming global recession. At the […] дальше »

2022-7-19 00:52


Why Coinbase Will Cut 18% Of Workforce To “Stay Healthy During Recession”

Major crypto exchange Coinbase published a message from its CEO, Brian Armstrong. The company has decided to reduce its workforce by 18% to “ensure we stay healthy during this economic downturn”. Related Reading | Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns Last year, Coinbase became the first crypto exchange to debut in public markets under […] дальше »

2022-6-15 21:59


Last Week [in] Crypto: Recession Forces Hiring Rethink, Terra’s Community Remains Optimistic, US Citizens Lose Over $1 Billion in Crypto

Your weekly dose of all the leading stories in the cryptocurrency ecosystem compiled by Be[in]Crypto from May 30 to June 5. The post Last Week [in] Crypto: Recession Forces Hiring Rethink, Terra’s Community Remains Optimistic, US Citizens Lose Over $1 Billion in Crypto appeared first on BeInCrypto. дальше »

2022-6-6 16:32


Luna Crash Highlights Crypto Market’s Vulnerabilities, Astra Protocol to the Rescue

As if external fundamentals related to geopolitical tensions and worries of economic recession weren’t enough, the crypto industry has been bleeding due to internal factors. Earlier in May, TerraUSD (UST), the largest algorithmic stablecoin by market cap, collapsed and is now trading at only eight cents, even though it was supposed to maintain a 1:1 […] дальше »

2022-5-26 21:18