Adoption
Brazilians are turning to stablecoins to protect savings from inflation
The Brazilian Real continues to struggle to hold its value against inflation, prompting Brazilians to turn to stablecoins.
Soumen Datta 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
Bankruptcy
Celsius case ‘administrative expenses’ add up to $53M
Lawyers, bankers and other advisers in the case earned $53 million for four months of work.
Legal
Gemini faces lawsuit for violating the U.S. Exchange Act
The exchange allegedly didn't register its interest-bearing accounts as securities.
Latest Bear Market News & Analysis
Bear Market
Solana slides again – token down 96% from ATHs
Sell pressure dips the Solana price 13% over the last 24 hours triggering more bearish sentiment around the project.
Bear Market
Argo shares soar following $65M sale of mining facility to Galaxy digital
The Helios facility sales' proceeds and part of the loan would be used to repay all of its indebtedness, including that owed to crypto lender NYDIG.
Bear Market
Midas reveals $60M deficit, announces closure of operations
Midas will rebalance its users' accounts by deducting 55% from it and their rewards earned. The move would allow users to withdraw 45% of their assets.
Bear Market
BTC bear market is worse than in 2014 but better than in 2018
Even though the recent bear market isn't encouraging for Bitcoin, which has fallen by 66% since January, it's still better than the bear market of 2018.
Bear Market
Gold bug Schiff fires back at Cuban over ‘dumb as f*ck’ comment
Peter Schiff responds to Mark Cuban following his previous pro-Bitcoin-anti-gold comments on the Club Random Podcast.
Adoption
Looking back on the year with Polygon: Increase in transactions, new collaborations, and more
While most blockchain networks lacked traction in 2022, Polygon attracted major companies in both web2 and web3 spaces.
