Coinbase Reduces the Size of the Firm’s Workforce by 18%

Post Views: 243 Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. On June 14, Coinbase published a blog post written by…

Biggest Movers: THETA, HNT Rise Over 20%, Despite Crypto Crash

Post Views: 228 THETA was trading higher on Tuesday, as prices rebounded, moving away from multi-year lows in the process. HNT also rallied, climbing by as much as 20% earlier in today’s session. THETA was one of the most notable movers during today’s session, as prices gained by nearly 20% earlier in the day. Following…

Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’

Post Views: 232 The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius abruptly froze withdrawals. He stressed that investors should be prepared to lose all their money, emphasizing that crypto has no intrinsic value. Bank of England (BOE) Governor Andrew Bailey reiterated his…

Bitcoin, Ethereum Technical Analysis: BTC Falls to $20,000 Range, as Sell-Off Extends

Post Views: 229 Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, also recording a multi-year low. BTC was trading lower for an eighth consecutive day, with Monday’s decline sending prices…

Ranked Wall Street Analyst, Founder of altFINS, Democratizes Crypto Investing

Post Views: 253 The Fair token launch gives its community an equal opportunity to participate in lieu of easy upfront cash from private sales or pre-sale. AFINS fair launch manifesto Richard Fetyko is the CEO and Founder of altFINS, the best crypto trading analytics platform. He worked 14 years on Wall Street in Equity Research…

Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving

Post Views: 253 After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the 200 EH/s region. Close to…

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

Post Views: 236 Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes…