Tag: market conditions
Core Scientific’s Comeback: A Potential Rescue Plan Amid Bitcoin’s Surge
Core Scientific is restructuring amid favorable market conditions, expecting to gain $46 million post-bankruptcy. Learn about their comeback plan.
Tesla’s Bitcoin Adventure: Profits, Losses, and a Wild Ride
Tesla’s recent Bitcoin sell-off garnered profit while revealing insights into its digital asset strategy amid market challenges.
Kraken Exits Japan Again: The Ups and Downs of Crypto Trading
Kraken exits Japan for a second time due to weak market conditions, prioritizing resources while enabling clients to withdraw funds seamlessly.
Bitcoin Mining Difficulty Experiences Largest Drop Since July 2021 Amid Tough Market Conditions
Bitcoin mining difficulty sees a 7.32% drop, its largest since July 2021, amid ongoing market struggles and rising energy costs.
BankProv Halts Crypto Mining Rig Loans After Major Write-Off
BankProv halts loans secured by crypto mining rigs after significant losses. Reflecting on 2022, they aim for a brighter 2023 with new strategies.
Surviving the Bear: Strategies for Web3 Creators in a Downturn
Discover effective strategies for Web3 creators to thrive during a bear market and prepare for the next crypto bull run.
Crypto.com Slashes Workforce Amid Market Turmoil: What It Means for the Industry
Kris Marszalek announces a 20% workforce reduction at Crypto.com amid challenging market conditions. Discover the implications for the industry.
Vauld Receives Extended Creditor Protection as Revival Plan Looms
Vauld has been granted more time for creditor negotiations, while a revival plan is expected by Feb 28. What’s next for the troubled crypto lender?
Celsius Customers Finally See Glimmers of Hope as Withdrawals Resume After Bankruptcy
After 263 days, Celsius customers can withdraw funds. Discover eligibility, processing delays, and the hope of future reimbursements!
Australia’s Crypto Legislation Timeline: Delays Ahead
Australian crypto regulation could extend into 2024. New consultation papers and stakeholder meetings are on the horizon as the government takes its time.
