Crypto Currency

Crypto Downzing Continues as Huobi Plans to Prune Workforce by 20%

The downsizing wave that swept through the cryptocurrency industry in 2022 is still on track as Seychelles-based cryptocurrency exchange, Huobi, has disclosed its plans to prune down its workforce by 20%. Huobi told Reuters on Friday that it intends to maintain “a very lean team” to cope with the current bear market in the industry…

The downsizing wave that swept through
the cryptocurrency industry in 2022 is still on track as Seychelles-based
cryptocurrency exchange, Huobi, has disclosed its plans to prune down its
workforce by 20%.

Huobi told Reuters on Friday that it
intends to maintain “a very lean team” to cope with the current bear market in
the industry…
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Crypto Currency

Senate panel clears crypto bill

beacon} Technology Technology   The Big Story Senate panel advances crypto bill with bipartisan support A cryptocurrency regulation bill advanced out of the Senate Banking Committee on Thursday, clearing a key hurdle with the support of a pair of Democrats following a last-minute bipartisan push. © Greg Nash The Senate panel voted 15-9 to send…

beacon} Technology Technology   The Big Story Senate panel advances crypto bill with bipartisan support A cryptocurrency regulation bill advanced out of the Senate Banking Committee on Thursday, clearing a key hurdle with the support of a pair of Democrats following a last-minute bipartisan push. © Greg Nash The Senate panel voted 15-9 to send…
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Crypto Currency

Fed minutes turn Bitcoin’s rate-cut trade into a hike-risk problem

The Federal Reserve’s April meeting minutes, released Wednesday, failed to bring the good news Bitcoin traders had been hoping for most of the year. The majority of policymakers said some degree of policy tightening would likely become appropriate if inflation stayed persistently above the central bank’s 2% target…

The Federal Reserve’s April meeting minutes, released Wednesday, failed to bring the good news Bitcoin traders had been hoping for most of the year. The majority of policymakers said some degree of policy tightening would likely become appropriate if inflation stayed persistently above the central bank’s 2% target…
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Crypto Currency

Bitcoin Whale Accumulation Expands as Exchange Balances Continue to Decline

TLDR: Whales match 2025 BTC buying in five months, showing accelerated absorption across 2026 cycle behavior trends Accumulation began near 2023 lows and extends through elevated BTC price zones without major distribution phases emerging Exchange reserves continue falling as ETF demand and custody flows reduce available Bitcoin liquidity across markets Order book depth weakens on

TLDR: Whales match 2025 BTC buying in five months, showing accelerated absorption across 2026 cycle behavior trends Accumulation began near 2023 lows and extends through elevated BTC price zones without major distribution phases emerging Exchange reserves continue falling as ETF demand and custody flows reduce available Bitcoin liquidity across markets Order book depth weakens on […]
The post Bitcoin Whale Accumulation Expands as Exchange Balances Continue to Decline appeared first on Blockonomi…
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Crypto Currency

Are altcoins finally waking up or is Bitcoin still the only real leader?

Why is the altcoin season index still so low if altcoins are rising…

Why is the altcoin season index still so low if altcoins are rising…
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