NFTs
Friendsies NFT collection rug pulls, deactivates Twitter
Approximately $5 million was raised from the initial sale of the NFTs in 2022, prompted by many of the industry's biggest influencers
Dorian Batycka 2 min read
Bear Market News
Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
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Top Bear Market Stories
Bear Market
Polygon sacks 20% of staff, says it remains financially healthy
Polygon has a balance of over $250 million and holds 1.9 billion MATIC tokens — worth roughly $2.7 billion according to current value.
Bear Market
Peter Schiff deems Kevin O’Leary, Mark Cuban crypto sell-outs
Peter Schiff pointed out that Kevin O'Leary and Mark Cuban were crypto-skeptical at one time.
Latest Bear Market News & Analysis
NFTs
Ethereum NFT sales climb 43% in January
Ethereum NFT sales for January amounted to $780.2 million — significantly up on the previous month but still 85% down year-on-year.
Bear Market
LocalBitcoins P2P marketplace to shutter services
LocalBitcoins is set to suspend all platform functionalities from Feb. 17 onwards — except to allow customers to withdraw their Bitcoins.
Bankruptcy
Genesis-backed Coin Cloud files for bankruptcy on its ATM network
The company is the latest cryptocurrency firm to collapse.
Earnings
Robinhood saw crypto transaction revenue fall by 24% in Q4 2022
The trading app company was seemingly affected by the harsh crypto market.
Bear Market
Venture crypto investing down 75%, but ‘native-VCs’ continue staying course
Crypto specific VC firms continue investing billions despite recent scandals and the general price lull.
Analysis
BTC long-term HODLers hit all-time high as Bitcoiners refuse to sell
Bitcoiners holding for over 5 years hits all-time high as 2+ year holders also peak
More Bear Market News Headlines
Bear Market
Filecoin’s Protocol Labs lays off one-fifth of staff
Research
Research: BTC price surge increases miner profitability, indicating market bottom
Bear Market
Bittrex, Chainalysis lay off staff as BTC nears $24K
Analysis
