bear market

Growth of weekly active developers since 2013 (Artemis.xyz)
Developer Activity Shows Healthy Growth of the Crypto Space
The trope that developers continue to build during bear markets holds true in 2023.
Growth of weekly active developers since 2013 (Artemis.xyz)

LocalBItcoins is sunsetting its exchange (Johannes Plenio/Unsplash)
Bitcoin Exchange LocalBitcoins to Close, Citing Market Conditions
LocalBitcoins is suspending the exchange 10 years after its inception because weekly volume has slumped.
LocalBItcoins is sunsetting its exchange (Johannes Plenio/Unsplash)

CDCROP: Bull Market (Kameleon007/Getty Images)
Bitcoin On-Chain Metrics Look Bullish, Bitfinex Report Highlights
The supply “in profit,” a measure of market sentiment, has risen 20% since January.
CDCROP: Bull Market (Kameleon007/Getty Images)

CDCROP: Business graph with arrows tending downwards (Getty Images)
Crypto Terms Become Dirty Words as Bear Market Lingers
Companies are taking steps to mask their industry ties during a time of scandals and losses.
CDCROP: Business graph with arrows tending downwards (Getty Images)

AI Artwork Hong Kong Network (DALL-E/CoinDesk)
Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging
Newly named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.
AI Artwork Hong Kong Network (DALL-E/CoinDesk)

Teymur Mirzazade, Unsplash
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.
Teymur Mirzazade, Unsplash

Teymur Mirzazade, Unsplash
Crypto Layoffs: Amber Group, Bybit, Kraken, Lemon Cash, Among Firms Forced to Make Mass Job Cuts
As the bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
Teymur Mirzazade, Unsplash

Dubai. (Kent Tupas/Unsplash)
Bybit despedirá 30% de su personal por el invierno cripto
El exchange está intentando “reenfocarse” en medio de un “mercado bajista cada vez más profundo”, dijo el CEO en Twitter.
Dubai. (Kent Tupas/Unsplash)

Dubai (Kent Tupas/Unsplash)
Bybit to Lay Off 30% of Staff Amid Crypto Winter
The exchange is trying to "refocus" amid a "deepening bear market," its CEO said on Twitter.
Dubai (Kent Tupas/Unsplash)

Markets Daily Podcast Cover
Crypto Update | A Guide to Explaining What Broke in Crypto This Year
With crypto prices rallying late despite crypto lender BlockFi filing for bankruptcy protection, plus a look at what broke in crypto this year and why it's not your fault, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover