ZEN INVESTING
Paxos Identifies Key Opportunities During Crypto Winter
Blockchain infrastructure provider Paxos has published a report identifying opportunities for crypto projects during the current market conditions, including seeking solutions and partnerships. The report highlights the usefulness of stablecoins while acknowledging the need for greater transparency. Partnerships with businesses addressing real-world needs were also deemed important. The CEO of the Stellar Development Foundation suggested that regulating stablecoins may be necessary to maintain a strong dollar, while a recent Bank of International Settlements report deemed stablecoins a less preferable form of tokenized money.
Crypto Hedge Fund Protocol Ventures to Shut Down Amid Market Fraught
Protocol Ventures is another major crypto hedge fund falling into liquidation crisis after Three Arrows Capital.
Signature Bank Suffers $4.27 Billion Crypto Deposit Outflows
Signature bank has suffered its major outflows with around $4.27 billion triggered by the recent crypto market downturn.
BingX Is Expanding Global Workforce Despite Crypto Winter
BingX is hiring amid a market downturn. The firm wants to continue expanding its global workforce strategically to further position its social trading business.
Opinion: What Is Driving the ‘Crypto Winter’?
Winter has hung over the crypto industry, with 2.25 trillion lost across the entire market in the past few months alone. What are the underlying reasons we find ourselves in this crypto winter?
Coinbase Falls Short in the S&P Global Ratings as Crypto Winter Stiffens
Financial analytics firm S&P Global Ratings has disclosed that Coinbase has been ranked lower for the reduction in its overall earnings in Q2 this year
Paradigm Shift amid Global Crypto Chain Reactions
Crypto industry leaders on Wednesday discussed the landscape change amid the market downturn over the past half year.
Three Crucial Expectations from the Crypto Market in August
Overall the market is showing signs that the crypto winter may be wrapping up, but while investors may want to start bagging new coins in their portfolios, these three key expectations should stay alert in August.
CoinFLEX Cuts Down on Staff Strength Amid Stability Woes
Updating its users on the latest for the week, cryptocurrency exchange CoinFLEX has announced that it is cutting down on its staff strength
Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin
The Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at the end of the 2017 ICO rush. But times are changing and according to Alexis Ohanian, co-founder of Reddit and early investor in Coinbase believes the crypto winter is thawing and asserts that we are on the cusp of a ‘crypto spring’.