crypto bear market – DIGIT INFO

Crypto payments platform Wyre shutters citing bear market conditions

Wyre has begun the process of winding down and noted that interested parties can now start inquiring about purchasing the firm’s assets.

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Just 8% of Americans have a positive view of crypto: CNBC survey

CNBC’s All-America Economic Survey was conducted towards the end of November, just a few weeks after the collapse of crypto exchange FTX.

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Sharp Bitcoin price move expected as volatility hangs at record lows and sellers are ‘exhausted’

Bitcoin price has been range-bound for 126 days, but analysts say an explosive move is imminent.

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State Street: Institutional investors undeterred by crypto winter

A State Street exec says there is an institutional “belief that the asset class is here to stay” and to expect further product launches from traditional finance firms moving forward.

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German crypto bank Nuri with 500K users files for insolvency

Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”

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Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO

“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO Andy Long.

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Bloomberg analyst tips bullish BTC recovery in next six months

The price of BTC could be set for a bullish rebound this year, says Bloomberg’s senior commodity strategist Mike McGlon, as the market shows similar signs to the bottom of 2018.

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The bottom is in: CNBC’s Jim Cramer says crypto has “no real value”

Mad Money host Jim Cramer has changed his sentiment on crypto again, predicting the total market cap will tank below $1 trillion as “there’s no real value there.”

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Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode

Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs.

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June gloom takes on a new meaning in another 2022 down month

The addresses mainly run by active human traders have notched more than 147,000 addresses for the first time since November.

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