Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
Data from CryptoQuant shows that Bitcoin worth over $300 million was sold by miners within a 24 hour period on July 15.
Zeynep Geylan 2 min read 
Legion Strategies halted withdrawals because of the sharp decline in the values of stock and cryptocurrencies held by the fund.
Reportedly, crypto exchange Gemini is going for the second round of layoffs by firing 15% of staff to further cut costs.
Grayscale said the crypto market officially entered the bear market on June 13.
The lack of legal precedent, on-going lawsuits, and the complexities of a Chapter 11 bankruptcy mean Celsius users may face a long process to recover deposits.
The fall in VC investments in crypto startups mirrors the pullback in VC funding across sectors globally, although the number of deals grew.
The MetaMask co-founders blast Celsius and Voyager as not operating transparently and mislabelling their products as DeFi.
Derivatives and spot trading volumes have fallen by over 15% since May across top crypto exchanges.
Finzer said affected workers would receive severance and health insurance until 2023 alongside an accelerated equity vesting.
