Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers
In brief Bitwise has cut about 14% of its workforce, taking headcount to around 155 from roughly 180, the asset manager confirmed to Bloomberg. CEO...
Tag : Slump
MARA swings to Q2 loss as Bitcoin’s slump masks higher output
Bitcoin miner MARA swung to a net loss of $611.3 million from a year-earlier profit in the second quarter of 2026, driven primarily by a...
Galaxy reports $85M net loss amid Q2 crypto market slump
Galaxy Digital reported an $85 million net loss for the second quarter of 2026 as cryptocurrency valuations declined in the period. That resulted in a...
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
FalconX, the digital asset prime brokerage that acquired crypto ETF issuer 21shares last November, has laid off roughly 10% of its global workforce as it...
SBI values Ripple stake at $41.2B despite XRP price slump
SBI Holdings has reaffirmed its exposure to Ripple, telling investors that its Ripple shareholding carries an estimated value of $41.2 billion despite weaker XRP prices...
Bitcoin braces for August slump as AI stocks falter
Bitcoin price fell below $63,000 on Friday as a short-lived rebound in Asian semiconductor stocks faded, adding pressure as the cryptocurrency entered its historically weak...
Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses
The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC monetization...
Cathie Wood defies SpaceX stock slump with a fresh $51M bet
Cathie Wood’s Ark Invest has purchased about $52.1 million of SpaceX stock, lifting its investment since the June IPO above $475 million as the shares...
Coinbase Ventures defies crypto slump with 30 startup deals
Coinbase Ventures has completed 30 startup investments during the first half of 2026, maintaining the industry’s most active venture pace despite a sharp slowdown in...
Binance June futures volume at $1.6T defies crypto spot trading slump
Binance’s futures market volume is hitting a new 2026 high even as cryptocurrency spot trading remains stuck at its weakest levels in two years. Binance,...