Coinbase, an American cryptocurrency exchange, is pruning its workforce by 18% in preparation for a recession it says could lead to another crypto winter. Brain Armstrong, Coinbase’s Chief Executive Officer and Co-Founder, made the decision public on Tuesday and has been on a PR nightmare...
U.S. Treasury yields pulled back slightly on Wednesday morning ahead of the Federal Reserve’s key monetary policy announcement. Traders initially anticipated a 50-basis-point interest rate hike, but in light of the red hot inflation print, the market is now pricing a more than 95% chance of...
Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc (MSTR.O) to add more tokens against a bitcoin-backed loan or trigger selling some of its vast holdings, setting fragile cryptocurrency markets on edge. Meanwhile, Celsius continues to top up collateral......