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Podcast: Bitcoin Sinks to $20,000 as Search for the Bottom Continues
Podcast: Bitcoin Sinks to $20,000 as Search for the Bottom Continues: Also today, MicroStrategy is feeling the heat, Coinbase is laying off 1,100 staff.. ...
coinmarketcap.com/alexandria/article/podcast-bitcoin-sinks-to-20-000-as-search-for-the-bottom-continues
Crypto Firms Quake as Prices Fall
Crypto Firms Quake as Prices Fall: Crypto companies are laying off staff, freezing withdrawals and trying to stem losses, raising questions about the health of ...
nytimes.com/2022/06/14/technology/crypto-industry-prices-fall.html
Crypto optimist: Bitcoin to $1,000,000 by 2030 'pretty lofty' at this ...
Crypto optimist: Bitcoin to $1,000,000 by 2030 'pretty lofty' at this point: One long-time crypto optimist is questioning another's bullish long-term call on ...
finance.yahoo.com/news/crypto-optimist-bitcoin-to-1000000-by-2030-155113653.html
More articles on this subject
Bitcoin is the ‘Amazon of crypto’ and everything else are bets ...
Bitcoin is the ‘Amazon of crypto’ and everything else are bets, says Blocktower founder
cointelegraph.com/news/bitcoin-is-the-amazon-of-crypto-and-everything-else-are-bets-says-blocktower-founder
CoinMarketCap News, June 15: The Media is Killing Crypto Again as the ...
CoinMarketCap News, June 15: The Media is Killing Crypto Again as the Markets Tank
coinmarketcap.com/alexandria/article/coinmarketcap-news-june-15-the-media-is-killing-crypto-again-as-the-markets-tank
SEC launches insider trading inquiry into crypto exchanges
SEC launches insider trading inquiry into crypto exchanges: The SEC is eyeing crypto exchanges including Binance, Coinbase, FTX and Crypto ...
foxbusiness.com/markets/sec-inquiry-gensler-bitcoin-crypto-exchanges
These Tech Entrepreneurs Are Hit Hardest by Crypto Crash
These Tech Entrepreneurs Are Hit Hardest by Crypto Crash: Microstrategy boss Michael Saylor has invested billions of company funds in Bitcoin ...
businessinsider.de/gruenderszene/business/krypto-crash-microstrategy/
Half of bitcoin holders on Coinbase exchange may face losses, Mizuho says
Half of bitcoin holders on Coinbase exchange may face losses, Mizuho says: About half of bitcoin holders using Coinbase as an exchange likely are shouldering ...
marketwatch.com/story/half-of-bitcoin-holders-on-coinbase-exchange-may-face-losses-mizuho-says-11655245061
Coinbase Announces Job Cuts Amid Crypto Crash
Coinbase Announces Job Cuts Amid Crypto Crash: The crypto market is currently under pressure. Coinbase CEO Armstrong Prepares for a Possible Recession and Lays ...
handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/kryptoboerse-coinbase-kuendigt-mitten-im-krypto-crash-job-abbau-an/28425050.html
Fund manager reveals his crypto shorts — and one is already down more than ...
Fund manager reveals his crypto shorts — and one is already down more than 25% this week
cnbc.com/2022/06/14/bitcoin-crypto-sell-off-fund-manager-reveals-his-shorts-.html
SpaceX hit with environmental curbs on Starship launches
SpaceX hit with environmental curbs on Starship launches: The FAA requires SpaceX to meet over 75 requirements to mitigate the environmental impact of its ...
aerotime.aero/articles/31296-faa-requires-spacex-75-requirements-curb-environmental-impact
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Coinbase to slash 20% in 2nd round of big job cuts as FTX rocks crypto
Coinbase to slash 20% in 2nd round of big job cuts as FTX rocks crypto: Coinbase CEO Brian Armstrong blamed "unscrupulous actors" for the crypto market's brutal ...
markets.businessinsider.com/news/currencies/crypto-coinbase-job-cuts-blame-sam-bankman-fried-ftx-collapse-2023-1
Key FactsThe crypto virus spreads: Coinbase will lay off approximately 950 employees.
Apr 12, 2023 · Reading time: ~0 sec.
Summary created with AI assistance
  • Reuters (Reuters) -

  • Coinbase Global Inc announced on Tuesday that it will lay off approximately 950 employees, or 20% of its workforce, as part of a restructuring plan, the cryptocurrency exchange's third round of layoffs since last year.

  • Rising interest rates and fears of an economic downturn wiped out more than a trillion dollars from the cryptocurrency sector last year.

  • Coinbase stated that it had no further comment on the plan.

  • Coinbase laid off more than 60 people in its recruiting and institutional onboarding teams in November, after laying off 1,100 people, or 18% of its workforce, in June.
FTX says it is investigating 'unauthorised transactions'
FTX says it is investigating 'unauthorised transactions': Millions of dollars worth of crypto assets were moved out of FTX wallets in "suspicious ...
channelnewsasia.com/business/ftx-investigating-unauthorised-transactions-hack-cryptocurrency-platform-3066676
ETH whales move holdings onto exchanges before Merge
ETH whales move holdings onto exchanges before Merge: Many market analysts believe the Merge will be a “buy the rumor, sell the news” event.
cointelegraph.com/news/eth-whales-move-holdings-onto-exchanges-before-merge
Coinbase shares surge on tie-up with BlackRock
Coinbase shares surge on tie-up with BlackRock: Venture will allow customers of Aladdin network to trade bitcoin directly
ft.com/content/57435d7a-c384-4fe5-b2b6-747b44363c5b
Crypto Price Check: Bitcoin Remains 'Stuck in the Mud'
Crypto Price Check: Bitcoin Remains 'Stuck in the Mud': Bitcoin goes flat in risk-wary Wall Street while as the SEC proposes 'one rule book' governing ...
thestreet.com/investing/crypto-price-check-bitcoin-remains-stuck-in-the-mud
Crypto fears now materialising, central bank body BIS says
Crypto fears now materialising, central bank body BIS says: Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of ...
reuters.com/business/finance/crypto-fears-now-materialising-central-bank-body-bis-says-2022-06-21/
Bill Gates says crypto and NFTs are a sham, as Bitcoin plunge continues
Bill Gates says crypto and NFTs are a sham, as Bitcoin plunge continues: Gates jokes that "expensive digital images of monkeys" will "improve the ...
9news.com.au/technology/bitcoin-price-bill-gates-says-crypto-and-nfts-are-a-sham-as-cryptocurrency-plunge-continues/d9a9f232-0cc3-45b4-aadc-9a46e1cb3c25
How a trash-talking crypto bro caused a $40 billion crash
How a trash-talking crypto bro caused a $40 billion crash: The downfall of Luna and TerraUSD offers a case study in crypto hype and who is left holding the bag ...
nytimes.com/2022/05/18/technology/terra-luna-cryptocurrency-do-kwon.html
‘It's a Bloodbath’: The Crypto Crash Is Real
‘It's a Bloodbath’: The Crypto Crash Is Real: Bitcoin has shed more than half its value and a multi-billion-dollar "stablecoin" has imploded ...
vice.com/en/article/88gyy4/its-a-bloodbath-the-crypto-crash-is-real
Cryptocurrency billionaires' fortunes wiped out in market crash
Cryptocurrency billionaires' fortunes wiped out in market crash: A steep sell-off in cryptocurrencies from bitcoin to ethereum is behind the decline.
nzherald.co.nz/business/cryptocurrency-billionaires-fortunes-wiped-out-in-market-crash/SOZMLUOWWBGYRY6MZZ6WMBGBBA/
Key FactsRevealed! El Salvador President Shares Beautiful Glimpses Of World's First "Bitcoin City"
Apr 29, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
  • Approximately two months later, its President Nayib Bukele announced plans to build the world's first 'Bitcoin City' during a speech at the Latin Bitcoin conference (LaBitConf) in November 2021.

  • Bitcoin City is coming together nicely. pic.twitter.com/A6ay8aAREW

  • The IMF pressed El Salvador to abandon bitcoin as official cash in January 2022.

  • El Salvador was apparently pressured to limit the scope of its bitcoin law by reducing bitcoin's legal status.
Cryptocurrencies Melt Down in a ‘Perfect Storm’ of Fear and Panic
Cryptocurrencies Melt Down in a ‘Perfect Storm’ of Fear and Panic: A steep sell-off that gained momentum this week starkly illustrated the risks of the ...
nytimes.com/2022/05/12/technology/cryptocurrencies-crash-bitcoin.html
13 crypto marketers leading industry's spending on sports sponsorship
13 crypto marketers leading industry's spending on sports sponsorship: Insider identified 13 crypto leaders and marketing experts who are landing major deals ...
businessinsider.com/top-crypto-industry-marketers-sports-sponsorship-marketing-billion-dollar-deals-2022-4
Bitcoin’s ‘boring’ trading spurs calls for a new hype cycle
Bitcoin’s ‘boring’ trading spurs calls for a new hype cycle: Over the weekend, Bitcoin’s price hardly budged. On Monday, the coin posted a negligible 0.02% drop ...
thestar.com.my/business/business-news/2022/05/04/bitcoins-boring-trading-spurs-calls-for-a-new-hype-cycle
Trade your crypto. Buy your NFTs. And pay your taxes.
Trade your crypto. Buy your NFTs. And pay your taxes.: The question about whether you made money on cryptocurrency is even higher on your tax form than the line ...
nytimes.com/2022/03/26/your-money/taxes-crypto-nfts.html
Bitcoin's slide from record highs is a warning for crypto investors
Bitcoin's slide from record highs is a warning for crypto investors: Only a week ago, Bitcoin hit an all-time high of nearly US$67,000 ($89,237) ...
9news.com.au/national/bitcoin-slides-from-record-highs-and-sheds-billions-in-the-process/aa464109-ef48-44ba-8307-dfc89e322fe8
Crypto crash: Here's why billionaire John Paulson's 'worthless' call might ...
Crypto crash: Here's why billionaire John Paulson's 'worthless' call might be right
moneywise.ca/a/ch-pms/time-to-cash-out-of-crypto-billionaire-john-paulson-says-its-worthless
Despite Bitcoin price crash, BTC is the internet of value transfer: ...
Despite Bitcoin price crash, BTC is the internet of value transfer: Novogratz : Bitcoin's price crash was "a little air being popped out of the balloon ...
cointelegraph.com/news/despite-bitcoin-price-crash-btc-is-the-internet-of-value-transfer-novogratz
Coinbase Says SEC has threatened to sue it over plan to pay interest
Coinbase Says SEC has threatened to sue it over plan to pay interest: Coinbase, the largest cryptocurrency exchange in the United States, said on Wednesday that ...
deccanherald.com/business/coinbase-says-sec-has-threatened-to-sue-it-over-plan-to-pay-interest-1028584.html