Investments
Amber Group reportedly looking to downsize despite raising $300M
Amber group is allegedly looking to lay off 400 people and cancel performance-based bonuses.
Zeynep Geylan 3 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
Analysis
Bitcoin outperforms Layer 1s SOL, ETH, DOT, BNB, ATOM in December
Bitcoin surges in price and dominance against everything else as the holiday season approaches.
Exchanges
CZ discusses FUD, rumors, and more in latest Twitter Space
Binance CEO, CZ answers questions in latest Twitter space, denies rumors, and advises against withdrawing funds from exchanges.
More Bear Market News & Analysis
Analysis
Crypto stocks plunge to record lows, GBTC at 50% discount despite Bitcoin uptick
According to CryptoSlate data, BTC is up 2.2% in the last 24 hours while COIN hits all-time low, GBTC falls to 50% discount, mining stocks capitulate
Bear Market
Total crypto market cap makes 4 week high to $874B following CPI release
Significant capital inflows suggest investor confidence is on the up despite wider macro factors and the FTX saga.
Exchanges
Binance sees the largest outflow of stablecoins in 24 hours
While Binance has recently gone through an outpouring of stablecoins, Nansen estimates it still holds $30 billion worth of stablecoins
Analysis
BTC on exchanges falls to new lows since 2018
Currently, less than 12% of all Bitcoin supply is held on exchanges while Binance and Coinbase account for 5.5%.
Bear Market
Justin Sun deposits $100 million to Binance amid FUD campaign
TRON founder Justin Sun sends 100 million USDC to Binance as social media warnings about the exchange ramp up.
Bankruptcy
FTX debtors attempt to seal corporate identities to obfuscate bankruptcy proceedings
The U.S. Trustees have filed a claim asking the court to deny Debtors' request to seal individual and legal entities information.
Latest Bear Market News Headlines
Adoption
Senator Lummis ‘comfortable’ including Bitcoin in retirement funds amid bear market
Bankruptcy
SBF admits responsibility for FTX failure in Twitter space but remains vague on details
Adoption
Retail investors are growing their BTC stack; whales’ holdings falling
Regulation