Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
Blockchain.com got caught up in the Three Arrows Capital fallout and downsized by 25%. The company closed its office in Argentina, and let 150 people go in total.
Gaurav Dubey, the CEO of TDeFi, says a cataclysmic economic meltdown could be good for cryptocurrencies.
Bitcoin's 59% decline during the second quarter resulted in significant losses for Tesla, MicroStrategy and Block based on their previous holdings disclosure.
The biggest drop in mining difficulty since China banned Bitcoin mining last year is expected to happen July 21, potentially suggesting an end to miners' capitulation.
Galaxy Digital's CEO Mike Novogratz thinks global economy and crypto adoption will still push Bitcoin up to $500K in 5 years, despite the current bear market.
Timothy Cradle said Celsius' company culture disregarded compliance, leading to risky and unethical plays including CEL manipulation.
Industry leaders share advice on lessons to learn during this downturn - common themes include minimizing risk exposure and reigning in greed.
Data from CryptoQuant shows that Bitcoin worth over $300 million was sold by miners within a 24 hour period on July 15.
Legion Strategies halted withdrawals because of the sharp decline in the values of stock and cryptocurrencies held by the fund.
