Wallets
MetaMask co-founders say crypto not ‘future of finance’ yet, criticize CeFi platforms
The MetaMask co-founders blast Celsius and Voyager as not operating transparently and mislabelling their products as DeFi.
Samuel Wan 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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Trading
Crypto trading volume plunges to 18-month low, Coinbase feels the pinch
Derivatives and spot trading volumes have fallen by over 15% since May across top crypto exchanges.
Bear Market
Crypto winter touches OpenSea, sacks 20% of staff
Finzer said affected workers would receive severance and health insurance until 2023 alongside an accelerated equity vesting.
Latest Bear Market News & Analysis
Bear Market
Bitcoin miners still under pressure to sell but declining production costs provide relief
Recent events have led to an uptrend in miners liquidating BTC holdings. However, falling hash rate and difficulty are working to alleviate pressures.
Bear Market
Bitcoin production cost decline could be a negative for price, JPMorgan says
The bank strategists wrote that the decline in production cost is due to a reduction in electricity use
Bear Market
Glassnode analysis suggests Bitcoin might be near bottom
A recent analysis from Glassnode detected an increase in the long-term capitulation, which suggests Bitcoin might have reached its bottom. On the other hand, Wall Street thinks it'll go as low as $10,000.
Bear Market
Bitcoin dips under $20K as US inflation rises over 9%
US President Joe Biden has said the latest inflation figure is “unacceptably high” and “out of date.”
Bear Market
Voyager Digital gives update on recovery plan, reinstating user account access
A restructuring plan is in full swing which includes the return of users' funds, but some have reacted angrily to the pro-rata element.
Bear Market
Highlights from ETHBarcelona: bear market survival guide
Prominent names from Venture Capitals came together in the "Bear Market Survival Guide" panel in ETHBarcelona, and stressed the importance of offering real value.
