Tag: Downturn

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LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme

Lido's token is the only top DeFi token in the green over the past 30 days, fueled by a $20 million treasury repurchase program.Top...

Schiff Warns US Dollar Credibility Collapse Could Trigger Rising Rates, Debt Crisis, and Economic Downturn – Economics Bitcoin News

Gold Surge Signals Dollar Weakness, Inflation Fears Heightened geopolitical tensions and currency concerns are intensifying focus on gold as a signal of shifting...

Decentralized Crowdfunding Can Boost Artists During Market Downturn

Opinion by: Joshua Kim, CEO and founder of DonaFi.Traditional crowdfunding has always been pitched as a lifeline for creators. For non-fungible token (NFT) artists,...

ParaFi defies crypto market downturn with $125 million raise for new fund

ParaFi, a New York-based digital asset manager backed by KKR co-founder Henry Kravis, raised $125 million for a new venture fund, Bloomberg reported.The cash...

Algorand Foundation cuts 25% of workforce amid crypto market downturn: Algorand Foundation

The Algorand Foundation has laid off a quarter of its staff, citing macroeconomic uncertainty and depressed crypto prices as conditions worsen across the industry.The...

Institutional investors held firm through bitcoin’s downturn, Bitwise CIO Matt Hougan says

Institutional investors may be proving more resilient bitcoin holders than critics expected, according to Bitwise CIO Matt Hougan, who says ETF flow data suggests...

Saylor Signals Another Bitcoin Buy Amid Market Downturn

Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, indicated on Sunday that the firm is buying more BTC, as the price hovers...

Over 400,000 BTC bought between $60k and $70k during BTC’s latest downturn

More than 400,000 BTC have been accumulated between $60,000 and $70,000 during bitcoin’s latest downturn, underscoring aggressive dip buying as the market retraced sharply,...

Bitmine Faces $8.8B Paper Loss, Threatening ‘Cyclical Downturn’ for Ether

Corporate Ether treasuries are coming under increasing pressure as the crypto downturn deepens, with analysts warning the market is approaching a make-or-break phase for...

Bitcoin Mining Difficulty Drops by 11% Amid Steep Market Downturn

The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin (BTC) ledger, fell by about 11.16%...

Bhutan Transfers $22M in Bitcoin Amid Market Downturn

In brief Bhutan transferred $22.4 million in Bitcoin over the past week, with transactions sent to Singapore-based market maker QCP Capital. The outflows included 184.03 BTC...