Crypto Job Cuts Continue Despite Market Revival: Thousands Laid Off By Coinbase, Kraken & More

• Coinbase, Kraken, Crypto.com, and Gemini are some of the well-known cryptocurrency firms that have recently fired staff due to the prolonged bear market.
• The crypto market has seen a recent revival, but many firms have still announced a new wave of layoffs, including Gemini, Blockchain.com, and Coinbase.
• Thousands of people have lost their jobs due to the unfavorable macroeconomic environment and the effects of the bear market.

Despite the recent revival of the cryptocurrency market, some of the industry’s leading players have continued to announce layoffs. Coinbase, Kraken, Crypto.com, and Gemini are some of the well-known cryptocurrency firms that have recently fired staff due to the prolonged bear market. The macroeconomic environment has been unfavorable, and the effects of the bear market have been far-reaching, leading to thousands of people losing their jobs.

The bear market began in 2018 and lasted for almost two years, causing many crypto firms to reduce their workforce. Coinbase and Crypto.com were among the first to make cuts in 2019, with Coinbase reducing its staff by up to 30% and Crypto.com letting go of around 20 employees. Kraken and Bybit also followed suit with their own layoffs, with Kraken reducing its staff by 10% and Bybit dismissing 6% of its staff.

At the start of 2021, the crypto market has seen a revival, with Bitcoin’s price reaching an all-time high of $42,000 and altcoins like Ethereum also performing well. But, despite the positive sentiment, many firms have still announced a new wave of layoffs. Gemini, a crypto exchange founded by the Winklevoss twins, recently let go of 10% of its workforce, while Blockchain.com announced a 10% reduction in staff. Coinbase is also carrying out another round of layoffs, with the company set to reduce its staff by up to 70 people.

The effect of the bear market has been far-reaching, with thousands of people around the world losing their jobs due to the unfavorable macroeconomic environment. Crypto companies have had to reduce their workforce in order to cope with the challenging times, and the trend seems to be continuing despite the recent revival of the market. The dismissals have been a major blow to the industry, but many remain hopeful that the market will continue to recover and that new jobs will be created in the near future.

Threats and Harassment Follow Former FTX CEO Sam Bankman-Fried After Collapse

• Three men drove their vehicle into a metal barricade outside Sam Bankman-Fried’s (SBF) parents‘ house in California.
• The family of FTX’s former CEO admitted becoming a target of intense media scrutiny, harassment, and even physical threats.
• The US authorities accused the 30-year-old of being the main culprit behind the collapse of FTX, committing several crimes such as money laundering and fraud.

Sam Bankman-Fried, the former CEO of FTX, was recently targeted by three men who drove their vehicle into a metal barricade outside his parents‘ house in California. They threatened, “You won’t be able to keep us out” before leaving the scene. This prompted the lawyers of SBF to confirm that the family had been subject to intense media scrutiny, harassment, and even physical threats.

The collapse of FTX caused multi-billion investor losses and turned SBF into one of the most infamous figures in the cryptocurrency space. The US authorities accused the 30-year-old of being the main culprit behind the collapse, claiming that he had committed several crimes such as money laundering and fraud.

However, SBF has denied any wrongdoing and has stated that he was merely a victim of a malicious short squeeze orchestrated by some of his competitors. He further asserted that he had taken all available measures to protect his investors’ funds and had been transparent in his dealings.

Although SBF has not been charged with any crime, the incident has caused him to become a target of intense public scrutiny. As such, it is not surprising that he and his family have received death threats and other forms of harassment. It is yet unclear whether the three men who crashed their vehicle into the metal barricade outside SBF’s parents’ house are connected to the incident, but SBF’s lawyers are now investigating the matter.

Bitcoin Bull Run: Price Breaks $18K Resistance, Eyes $25K Level

• Bitcoin’s price has broken above a significant resistance level following the CPI announcement.
• The 200-day moving average (~$20K) remains the major obstacle for bulls to be considered bullish.
• Technical analysis suggests that BTC could increase to the $25K level soon if the 200-day moving average is broken.

Bitcoin has been on a tear in recent weeks, as the cryptocurrency has been on a bull run since the CPI announcement. The digital asset has been trading in a large falling wedge pattern for the past month, and finally, the price has broken above the $18K resistance level and the higher boundary of the wedge. This is a strong sign that suggests BTC could soon reach the $25K level.

However, there is still one major obstacle that bulls need to overcome before they can be considered truly bullish. The 200-day moving average (~$20K) remains intact, and breaking above this psychological barrier could lead to a strong rally toward $25K. This could be made possible by increased buying pressure and bullish sentiment in the market.

From a technical analysis point of view, the RSI indicator shows significantly high values, indicating that the market is overbought. This could lead to a short-term pullback or even a correction before the price resumes its upward trajectory. Moreover, the MACD histogram is also showing rising bullish momentum, which could lead to a breakout in the near future.

Overall, it seems that Bitcoin is on the brink of breaking through the $20K level, and if it manages to do so, it could reach the $25K level soon. This could be a strong sign for the entire cryptocurrency market, as it could signal the beginning of a new bull run.
Only time will tell if these predictions come true, so investors should remain cautious and closely monitor the market.

Crypto Earn Assets Not Owned By Users: Court Ruling Sets Precedent

• A federal bankruptcy judge has ruled that crypto-assets deposited in Celsius Network’s „Earn“ accounts do not belong to the customers.
• Instead, the funds in the interest-bearing accounts belong to the bankrupt cryptocurrency lending platform.
• The verdict has set an important precedent that the platform’s users do not own their coins when using certain products and services.

Verdict Out: Celsius Earn Assets Belong to Bankrupt Firm, Not Users

A recent court ruling has brought a blow to some users of Celsius Network who were hoping to recover their funds from the company. A 45-page written decision from Chief US Bankruptcy Judge in the Southern District of New York, Martin Glenn, determined that the cryptocurrency lending platform, Celsius, is the owner of the $4.2 billion in crypto-assets deposited in its „Earn“ accounts. This verdict has set an important precedent that the platform’s users do not own their coins when using certain products and services.

Celsius Network’s Earn program allowed users to deposit their cryptocurrency in interest-bearing accounts and receive a reward for allowing their funds to be lent out. In exchange, customers were promised a return on their deposits, depending on the amount they had deposited and the length of time they had been using the platform. The company had put in place various measures to protect its customers‘ funds, such as requiring a minimum deposit amount and providing a maximum of three withdrawals without penalty.

However, the court ruling has now determined that the funds in the interest-bearing accounts do not belong to the customers and instead, are owned by the bankrupt cryptocurrency lending platform. This means that the customers will not be able to reclaim their funds from the company, as the court has found that the money belongs to the estate of the company. This verdict further highlights the importance of understanding the terms and conditions of the services one is using when investing in cryptocurrency, as the ownership of the funds may not always be clear.

It is also a warning sign for users to pay close attention to the platform they are using and to ensure that it is reputable and secure. This recent ruling serves as a reminder that, as with any investment, users should do their research and understand the risks involved before investing their hard-earned money.

The court’s decision has further highlighted the need for increased regulation in the cryptocurrency industry. As cryptocurrency becomes more mainstream, it is important that users are protected and that their funds are secure. Regulatory bodies, such as the Securities and Exchange Commission, should continue to work to ensure that users are protected and that their funds are safe in the event of a bankruptcy or other financial failure.

The recent court ruling has set an important precedent that customers do not own their coins when using certain products and services. It is a reminder to users to be aware of the terms and conditions of the services they are using and to do their research before investing in cryptocurrency. It also illustrates the importance of regulating the industry, to ensure that users are protected and their funds are secure.

Alaska Gold Rush Partners with GameSwift to Elevate Online Gaming Experience

• Alaska Gold Rush, an online gaming platform, has announced a strategic partnership with GameSwift.
• It is estimated that the global gaming market will reach a value of $268 billion by 2025.
• Blockchain-based technology is seen as one of the best applications for online gaming.

Online gaming has seen a massive surge in popularity in recent years, with multi-million dollar tournaments and millions of players around the world. The global gaming market is estimated to reach a value of $268 billion by 2025, making it a lucrative industry for investors. In addition, blockchain-based technology is seen as one of the best applications for online gaming. This has spurred the emergence of crypto-based games such as play-to-earn.

One game that has become established within relevant gaming communities is Alaska Gold Rush. The team has recently announced a strategic partnership with GameSwift, an esports-focused platform with the aim of providing players with an immersive gaming experience. This partnership is expected to help Alaska Gold Rush reach a wider audience, as well as provide them with the resources to continue innovating within the field of play-to-earn.

GameSwift is a technological platform that is designed to create a more immersive gaming experience for players. It allows players to connect with one another and access a variety of different tournaments, leagues and other events. This provides gamers with an opportunity to interact, compete and earn rewards. The platform also offers a variety of tools and resources to help players develop their skills and strategies.

The partnership between Alaska Gold Rush and GameSwift is expected to benefit both companies. For Alaska Gold Rush, the partnership will provide them with the resources to continue innovating within the field of play-to-earn. It will also help them reach a wider audience, as well as provide them with access to a range of tournaments and leagues. On the other hand, GameSwift will benefit from the additional exposure and resources that Alaska Gold Rush can provide.

Overall, the partnership between Alaska Gold Rush and GameSwift is expected to be mutually beneficial and is sure to have a positive impact on the online gaming industry. With the help of this collaboration, both companies will be able to reach a wider audience and provide gamers with an immersive gaming experience.

Bitcoin Up Erfahrungen & Ergebnis

Seit der Einführung des Bitcoins erfährt die Kryptowährung rasante Preissteigerungen. Im Dezember 2017 knackte der Bitcoin gar die 20.000 US-Dollar Marke und machte viele Investoren auf einen Schlag zu Millionären. Das enorme Wachstum der Kryptowährung und der Erfolg anderer Investoren zog viele weitere Interessenten an.

Da das Wachstum des Bitcoin langsam stagniert, suchen Investoren nach Möglichkeiten, um die Rentabilität mit der Kryptowährung zu maximieren. Dies führte zur Entwicklung von diversen Trading-Bots. Ein vielversprechender Anbieter ist Bitcoin Up.

Zahlreiche Kunden auf der ganzen Welt sind begeistert von der intelligenten Software und konnten bislang hohe Gewinne einfahren. Die Möglichkeit zur Anmeldung steht jedem Interessenten offen.

Noch mehr Infos bietet der Artikel von https://www.specficnz.org/bitcoin-up-erfahrungen-betrug/

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Was ist Bitcoin Up?

Zu früheren Zeiten konnten nur erfahrene Investoren Geld damit verdienen. Ein konsequentes Beobachten der Marktsituation und genaues Analysieren kosteten viel Zeit und Arbeit. Der Krypto-Bot von Bitcoin Up übernimmt diese Aufgaben von selbst, sodass sich der Markt auch für weniger erfahrene Investoren öffnet.

Dank ausgeklügelter Trading-Algorithmen gelingt es der Plattform, einen ansehnlichen Profit zu erwirtschaften und das Risiko potentieller Verluste zu minimieren. Die Plattform ist nicht mehr nur einer kleinen elitären Gruppe zugänglich. Jeder Interessent kann das lukrative Angebot jederzeit annehmen und von ihm profitieren, wie schon etliche Investoren zuvor.

Features und Funktionsweise

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Wer steckt hinter Bitcoin Up?

Wer genau hinter der Entwicklung der intelligenten Software steckt, ließ sich leider nicht ermitteln. Doch es besteht kein Grund für erste Zweifel. Zahlreiche seriöse Investoren konnten bereits von der Partnerschaft mit Bitcoin Up profitieren. Der reine Erfolg legitimiert die Software und legt offen, dass beteiligte Entwickler ein profundes Wissen über die aktuellen Finanzmärkte verfügen.

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Meinungen über Bitcoin Up

Auf der Suche nach einem kleinen Nebenverdienst stoß ich zufällig auf Bitcoin Up. Erst war ich skeptisch, doch erste Erfolge ließen nicht lange auf sich warten. Ich habe zwar noch keine Millionen verdient, doch wurden meine Erwartungen maßlos übertroffen. Da die Software mir nahezu jede Arbeit abnimmt, verbringe ich täglich nur knapp eine Stunde mit der Überwachung meiner Trades. Ich kann diese Plattform jedem, der auf der Suche nach einem lukrativen und gesicherten Einkommen ist, nur wärmstens ans Herz legen!

Vor und Nachteile

Vorteile

Kostenlose Anmeldung: Eine Registrierung ist für jedermann absolut kostenlos. Es fallen keine versteckten Kosten an.

Benutzerfreundliche Plattform: Selbst Neueinsteiger können intuitiv durchs Interface von Bitcoin Up navigieren.

Riesige Gewinnraten: Die Chancen auf einen Gewinn stehen gleichbleibend hoch. Aktuelle Tests versprechen eine Erfolgsquote von stolzen 88%.

Sofortige Auszahlungen: Erzielst du einen Gewinn, kannst du dir diesen jederzeit problemlos auszahlen lassen. Die Überweisung erfolgt meist noch am selben Werktag, spätestens jedoch zum nächsten. Es gibt verschiedene Auszahlmöglichkeiten, aus denen du wählen kannst.

Kompatibel mit mobilen Browsern: Über dein Smartphone kannst du jederzeit und überall die aktuelle Marktlage überprüfen.

Nachteile

Begrenzte Krypto-Optionen: Nicht alle Kryptowährungen sind auf der Plattform vertreten.

Fazit

Der Handel mit dem Bitcoin ist komplex und war bis vor einiger Zeit nur einer kleinen Gruppe zugänglich. Dabei lässt sich mit dem Handel mit Kryptowährungen ein stabiles Nebeneinkommen erzielen. Damit auch Einsteiger eine Chance erhalten, bietet Bitcoin Up innovative Tools, die den Investoren gezielt beim Handeln unterstützen. Die Software zielt auf eine Gewinnmaximierung ab und vermeidet Risiken. Natürlich lassen sich Verluste nicht gänzlich vermeiden, doch übersteigen die erwarteten Gewinne kurzfristige Verluste garantiert.

Wie verhält sich Bitcoin Up im Vergleich zu anderen Bots?

Die Plattform Bitcoin Up ist eine profitable Alternative, um schnelles Geld mit dem Bitcoin-Handel zu machen. Anders als die meisten Anbieter ist Bitcoin Up völlig transparent für den Kunden. Viele Anbieter verweigern nach einem größeren Gewinn die Auszahlung oder sperren den Account grundlos. Bitcoin Up hingegen profitiert vom Gewinn des Kunden, daher ist ein Betrug ausgeschlossen. Die Plattform lässt sich uneingeschränkt für jeden Investoren, ob Einsteiger oder erfahrener Broker, empfehlen.