Many companies weren't expecting the crypto downturn to happen this rapidly. Now, insiders are bracing for more than a year of doldrums.
wrote on Twitter on Tuesday that “this is likely just the first round of layoffs, and a harbinger of many more to come throughout the crypto ecosystem and beyond.”
Moya predicts that hiring freezes will set in, and that venture capital money flowing into the space will slow. “There’s this fear that crypto’s growth will be a slow grind and not some of the rapid appreciation we’ve seen recently,” he says.While the short-term forecast for crypto looks bleak, experts believe it would be a mistake to count crypto out entirely. For one, there’s still an immense amount of money circulating.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Will the Crypto Crash Beget a Better Crypto Future?The ongoing crash in cryptocurrencies should lead to a stronger, better future for crypto assets.
Weiterlesen »
Will the Crypto Crash Beget a Better Crypto Future?The ongoing crash in cryptocurrencies should lead to a stronger, better future for crypto assets.
Weiterlesen »
More flights to be cancelled this summer with no end in sight to travel miseryAirport chaos in the UK is not expected to end any time soon as the Government urges airlines not to axe flights on the day they are due to leave.
Weiterlesen »
Miranda July Shares the Strange Story Behind Her Latest BookThe acclaimed American artist’s new book, Services, began with a cold call from the Philippines and ended up as a 23-foot-long “book sculpture” chronicling an extraordinary collaboration
Weiterlesen »
Hay fever sufferers issued warning ahead of pollen surge causing ‘thunder fever’With temperatures in the UK rising, the Met Office has warned of very high pollen levels across most of England this week which could be a nightmare for hayfever sufferers
Weiterlesen »