Kraken Cuts Workforce by 30% in an Effort To Survive Crypto Winter
Cryptocurrency exchange Kraken <a href="https://blog.kraken.com/post/16442/business-update/" target="_blank">announced</a> on Nov 30, that it has made “one of the hardest decisions” to cut down its global workforce by approximately 1,100 people, making up approximately 30% of its total workforce, amid current market conditions.
UK Financial Watchdog Urges Firms To Be Less Like Wolf of Wall Street
As the cryptocurrency industry expands, it attracts an increasing number of players who expect to gain quick profits from the budding asset class even if it means breaking some rules, the phenomenon which did not miss the watchful gaze of the United Kingdom’s primary financial regulatory agency.
Analysis of the Top-20 Cryptocurrencies by Market Cap
This article contains my opinion on why the top 20 (or top 100) of these indexes don’t present any realistic ranking of cryptocurrencies.
Cryptocurrency Adoption in Emerging Markets: Nigeria
Nigeria is one of the seven countries contributing to half of the global unbanked population. Around 64 million of the West-African nation’s 211 million citizens are unbanked as of 2022.
Germany Footwear Brand Partnered With BitPay to Accept Shiba Inu Payments
Atheist Shoes announces a 10% discount for all purchases made with Shiba Inu.
Bitcoin On Exchanges Keeps Sliding, 1 Million BTC Pulled From These Platforms
Bitcoin is trending sideways in its current range, the cryptocurrency managed to prevent a fresh assault from the bears, but uncertainty remains strong in the market. This status quo supports the price action, and it could operate as the dominant trend for the remaining of the year.
Dogecoin Price Prediction – Can DOGE Hit $3 By 2023?
The Dogecoin bulls regained control on Tuesday, sending DOGE/USD back above the cents level. The world’s most popular meme-inspired cryptocurrency was last trading higher by a little over 5.5% on the day, according to TradingView, unwinding all of Monday’s 3.5% loss.
Polkadot Investors Can Expect Marvels in 2023 Only if DOT Can Cross These Hurdles
The <a href="https://ambcrypto.com/could-polkadot-dot-be-the-underdog-coin-that-could-help-your-portfolio/">Polkadot</a> network seems to be concluding November on an interesting note courtesy of its Sub0 conference. The network released an update highlighting some developments that may lay the foundation for its 2023 progress.
Buy the Dip, Sell the Bounce: Crypto Funds See Biggest Outflows in 12 Weeks
Crypto funds saw the biggest week of outflows in three months as negative sentiment pervades digital-asset markets following the collapse of Sam Bankman-Fried’s FTX exchange and contagion to other firms.
Biggest Movers: DOGE Down 10%, XRP Extends Declines
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The meme coin raced to a three-week high over the weekend, however bulls appeared to have abandoned their positions, opting to secure profits. Xrp, formerly known as ripple, fell for a third straight session on Monday.