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Bitcoin Holding Steady Near $23K

The Crypto Trader author Glen Goodman discusses his outlook for bitcoin (BTC) as the largest cryptocurrency by market capitalization holds firm at around $23,000 following a strong January U.S. jobs report. Plus, reaction to the Bank of England starting further research and development work on a digital pound for purchasing goods and services – something that’s likely to be needed in the future, the regulator said Monday.

Recent Videos

Web3

EBay Hiring Multiple Web3 Roles Following NFT Marketplace Acquisition

According to recent LinkedIn job postings, the popular e-commerce site is seeking to bolster its Web3 team to support their NFT marketplace KnownOrigin.

Ebay booth at NEW YORK COMIC CON NYCC 2022 (Doreen Wang/CoinDesk)

Finance

Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization

The cuts will affect less than 5% of Chainalysis' staff, or about 40-50 people.

(Tom/Pixabay)

Markets

Bitcoin Little Changed on Soft Economic Data Ahead of Fed Meeting

Wednesday morning's ADP jobs and ISM manufacturing reports both came in weaker than expected.

The U.S. government released its latest jobs figures Friday (David McNew/Getty Images)

Finance

Crypto Exchange Luno Cutting 35% of Its Staff

Luno said the cuts will affect employees in all regions.

Marcus Swanepoel, cofundador y CEO de Luno. (Luno)

Finance

Crypto.com Cuts 20% Workforce as Firm Braces for Crypto Winter

The exchange is the latest among the major crypto firms to announce layoffs.

Crypto.com CEO Kris Marszalek during his YouTube interview (Crypto.com)

Finance

Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff

CoinDesk estimates nearly 27,000 jobs have been lost across the crypto industry since April, based on media reports and press releases.

ConsenSys founder Joseph Lubin (CoinDesk)

Finance

Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages

The exchange expects the restructuring to cost $149 million to $163 million.

(Chesnot/Getty Images)

Finance

Crypto Layoffs: Here's the Grim Count Since April

As a bear market sweeps the industry, CoinDesk is keeping a running list of industry players that have cut jobs.

(@tmirzo via Unsplash)

Finance

Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts

The company also said it is writing off its investment in former Facebook stablecoin project Diem.

(CoinDesk)