Bitmain suspends employee pay amid financial turmoil.

Bitmain, a major player in the Bitcoin mining industry, has suspended employee salaries in response to financial struggle and poor progress on its mining operations. According to reports from internal employees at the company, this suspension includes both performance and basic wages, and impacts all Bitmain staff. origin »

Bitcoin’s exchange balance plummets to five-year low.

Quick Take The balance of Bitcoin on exchanges has recently plummeted to a new record low for the year, with just 2. 291 million BTC on exchanges. Data reveals that this figure is reminiscent of levels last observed in March 2018, marking a significant shift in the distribution of the cryptocurrency. origin »

Is a price correction imminent for Ethereum.

ETH's social dominance has climbed to its highest since February. Readings from the coin's daily price movements suggest that it might not be due for a price correction. Ethereum’s [ETH] sThe post Is a price correction imminent for Ethereum appeared first on AMBCrypto. origin »

Is it time to sell your Solana holdings?.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Solana has a bullish higher timeframe struThe post Is it time to sell your Solana holdings? appeared first on AMBCrypto. origin »

Polkadot unable to reclaim $4: Time to short?.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. DOT weakened further after it dropped beloThe post Polkadot unable to reclaim $4: Time to short? appeared first on AMBCrypto. origin »

Why Did Most Crypto Interest Accounts Fail in 2022?.

The simple business model of making money on the spread between lending and interest paid to users seems sound, especially if the loans are over-collateralized and issued to trustworthy parties. The practice of lending can be traced back over 5,000 years to 3000 BC in ancient Mesopotamia; cryptocurrency lending is just an evolution. origin »

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