Chris Dixon, a managing partner at a16z crypto, said that non-financial use cases in crypto will flourish when regulations become clear. Read More at https://cointelegraph.com/news/vcs-clash-non-financial-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Google search volume for ‘crypto’ hovers near yearly low amid market rout
Investor sentiment in crypto is now at the same level it was during the 2022 Terra-LUNA crash that sent shockwaves through the crypto market. Read More at https://cointelegraph.com/news/google-search-crypto-hover-yearly-low?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin bear market not over? Trader sees BTC price ‘real bottom’ at $50K
Bitcoin price analysis stayed bearish on the outlook for BTC, predicting new macro lows in a repeat of the 2022 bear market. Read More at https://cointelegraph.com/news/bitcoin-bear-market-not-over-trader-btc-price-real-bottom-50k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jack Dorsey’s Block may cut up to 10% of staff in business overhaul: Report
Analysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction. Read More at https://cointelegraph.com/news/jack-dorsey-block-may-cut-10-percent-staff-restructuring?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ARK extends Coinbase selling streak with another $22M sale, adds Bullish
Cathie Wood’s ARK Invest sold 134,472 Coinbase shares across three ETFs while buying over 393,000 shares of crypto platform Bullish. Read More at https://cointelegraph.com/news/ark-sells-22m-coinbase-adds-bullish-across-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin under $70K gives institutions a ‘new crack of the apple’: Bitwise CEO
Bitcoin is in a bear market and is “getting swept up” with the rest of the macro assets, Bitwise CEO Hunter Horsley declared during a television interview. Read More at https://cointelegraph.com/news/bitcoin-price-institutional-interest-ramping-up-bitwise-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bithumb claws back 99.7% of overpaid Bitcoin, covers remaining shortfall
Bithumb says it has reclaimed most of the excess BTC credited during a promotional error and used company funds to cover 1,788 Bitcoin that had already been sold. Read More at https://cointelegraph.com/news/bithumb-claws-back-99-7-of-overpaid-bitcoin-covers-remaining-shortfall?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Massive consolidation’ expected across crypto industry: Bullish CEO
The crypto industry is about to get a wakeup call, as many companies will realize “they don’t have businesses, they have products,” says Bullish CEO Tom Farley. Read More at https://cointelegraph.com/news/crypto-companies-consolidation-industry-bullish-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto retail investors are trying to ‘meta-analyze’ crypto crash: Santiment
Santiment said the increased use of “capitulation” among crypto users on social media could suggest the market bottom has already happened. Read More at https://cointelegraph.com/news/crypto-retail-investors-analyze-market-bitcoin-price-santiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Over 23% of traders now expect interest rate cut at next FOMC meeting
The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee. Read More at https://cointelegraph.com/news/23expect-interest-rate-cut-fomc-march?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound