crypto winter
Coverage of crypto winter in the Nexus archive.
- Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
Digital asset trading platform Uphold has reduced its global workforce by 17% amid the ongoing 'crypto winter.' The layoffs reflect broader challenges in the cryptocurrency industry during a period of market downturn.
- A crypto winter is upon us — and the big question is how long it will last?
The article discusses the ongoing 'crypto winter' and raises concerns that the AI boom is overshadowing cryptocurrency developments. It highlights the fear that AI's rising prominence is diverting attention and resources from the crypto market.
- Bitcoin ETFs shed a record $6.4B in 30 days amid crypto winter chill
US-listed spot Bitcoin exchange-traded funds experienced a record $6.4B net outflow over 30 days as Bitcoin's price dropped 17% during the same period. The decline coincides with ongoing challenges in the cryptocurrency market, described as a 'crypto winter.'
- Morning Minute: Standard Chartered Says the Crypto Winter Is Over
Standard Chartered claims the crypto winter is over, citing lifting overhangs related to the Iran War, SpaceX IPO, and ETF outflows. The article questions the reliability of these developments.
- Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst
A Standard Chartered analyst claims Bitcoin has hit a bottom at $59,000, signaling the end of the crypto winter. The statement suggests a potential recovery phase for the cryptocurrency market.
- Tom Lee says ‘crypto winter is much closer to ending’ as Bitmine buys another 101,627 ETH
Bitmine purchased 101,627 ETH in a week, increasing its treasury to 4.12% of ether's supply. Tom Lee, chairman of the company, stated that the 'crypto winter is much closer to ending.'