Crypto Layoffs in the Past Year, By Month
Crypto layoffs rose 8 to 13 times above average, in the months after major fallouts in 2022 and 2023.
Markets: Bitcoin, Ether Fall with Bearish U.S. Equities, But Bitcoin Long Bets Jump
Bitcoin and Ether dipped in Tuesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies, as Wall Street fell overnight on concern the Fed may crank up interest rates for longer than expected. Solana led the losers. Despite the dip in Bitcoin, asset managers are holding large long positions in the world’s biggest cryptocurrency as of Jan. 24, according to the latest report by the U.S. Commodity Futures Trading Commission (CTFC). The crypto market capitalization fell 0.3% to US$1.06 trillion, with total trading volume down 1.9% to US$47.9 billion. (forkast)
Will There Be Crypto Ads in the Super Bowl This Year?
While commercials from crypto companies were a common sight during the NFL’s final game last year, Super Bowl LVII is shaping up to be an advertising desert for the digital asset industry. When the Los Angeles Rams took on the Cincinnati Bengals in Super Bowl LVI, the year’s biggest sports broadcast featured numerous advertisements from some of crypto’s biggest exchanges, including the now-bankrupt FTX as well as companies like Coinbase and Crypto.com. Select crypto companies shelled out millions of dollars to put their companies on display to the masses, hoping to stand out amid a budding industry. And Over 112 million viewers tuned in to watch football’s big game last year, according to the NFL. (Decrypt)
Hong Kong Securities Regulator Adds Crypto Personnel for Industry Supervision
Regulators in Hong Kong are stepping up their game when it comes to monitoring the activities of the crypto industry.
Italy Setting Up Crypto Environment That Meets EU's New Laws, Central Bank Governor Says
Italian regulators have begun setting up a supervisory environment anticipating European Union laws for regulating crypto, central bank Governor Ignazio Visco said in a speech on Saturday.
Capitual Gets €15 Million Investment From Azimut
Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start operating in Mexico, where Azimut has significant presence and operations.
Chain Research — Unraveling IP NFTs
With a heavily volatile NFT market, offering these IP opportunities to holders can increase the exposure of NFT projects in the commercial space, while building a stronger foundation for the project’s community.
Crypto Companies Scale Back Massively for Super Bowl LVII
Following the FTX scandal and wider market downturn, crypto companies are set for a muted showing during this year’s Super Bowl.
Luxury Rehab Centers Introduce Treatment for Crypto Addiction
Addicted to watching your crypto portfolio balance? Can't stop staring at those crypto prices? There are now rehab centers for that.
Crypto Will Explode! Here’s Why?
Cathie Wood and the team at Ark invest have just published their annual Big Ideas for 2023. And this report covers all the best in disruptive innovation, from artificial intelligence to space to all things crypto.
