FalconX cuts 10% of staff amid crypto downturn
FalconX has reportedly cut about 10% of its global workforce as the digital asset prime broker prepares for an extended cryptocurrency market downturn. Summary FalconX...
Tag : downturn
Prediction markets defy crypto downturn with record Q2 volume: CoinGecko
Cryptocurrency markets struggled broadly in the second quarter of 2026, with declines across stablecoins, spot trading and derivatives, but prediction markets reached record highs. Spot...
DeFi TVL drops 39% in 2026 amid market downturn and record hack activity
Total value locked (TVL) in decentralized finance (DeFi) has fallen by about 39% in 2026 so far, declining to just over $70 billion from roughly...
Hyperliquid Defies Market Downturn as SpaceX, Anthropic, OpenAI IPOs Loom
In brief Hyperliquid’s HYPE token is up 5% over the past 24 hours and 69% over the past year, outperforming the broader crypto market. The...
Crypto downturn hits household budgets, survey finds
More than one in three US crypto traders have cut everyday spending due to current market conditions, according to a new CEX.IO survey. Summary CEX.IO...