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Better Than Corporations: Layoffs in Crypto Are On the Rise, Still Lower Than in Other Industries

Job cuts have become a reality in the crypto industry – but they pale in comparison to the biggest corporate layoffs in history. Since Bitcoin hit its all-time high of $20,000, the dominant cryptocurrency has seen more than an 80 percent decline in value from that historic milestone over the past 12 months. The popularity […]

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BitPay CEO: Fidelity and Bakkt Will Drive Next Major Bitcoin Rally

The chief operating officer of global bitcoin payment service BitPay is not worried about the latest downward moves in the price of the largest cryptocurrency by market capitalization. Sonny Singh expects Bitcoin to surge towards the $15,000-$20,000 area over the next year as institutional incumbents launch blockchain-powered products. BitPay CEO Says Fidelity, Bakkt, Square, Blackrock, […]

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Bitcoin Bubble cryptocurrencies Cryptocurrency Market Capitalization Markets

Irrational Exuberance Revisited: Is Crypto The New Dot-Com Bubble?

And should we even focus on ‘bubble or not’ that much? If you have ever encountered the word ‘cryptocurrency’ or ‘bitcoin,’ there is a solid chance that within the same paragraph or even sentence the word ‘bubble’ could also be found. Bubble has indeed become a shibboleth for crypto sceptics, especially after the market soared […]