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Bitcoin Treasuries Are Cracking as Public Companies Turn into BTC Sellers

A wave of bitcoin selling from public companies and sovereign entities is adding pressure to the bitcoin market, as firms that once called themselves long-term holders sit on long-term losses and move to shore up balance sheets, repay debt, and fund strategic pivots. Companies including Riot Platforms, Genius Group, and Nakamoto Holdings have all reduced

Analyst Says Bitcoin Closing 6 Red Monthly Candles Isn’t Bearish, What To Expect

Bitcoin’s recent price structure has not been easy to sit through. The price action has spent months moving sideways to lower, printing a series of bearish monthly closes since October that have placed the crypto sentiment in fear. That kind of slow pressure tends to feel worse than sharp sell-offs. According to a crypto analyst

Bitcoin breaks critical support as dollar and oil move together, raising risk of a deeper drop

Bitcoin spent the past 24 hours returning to the key levels on my channel map rather than continuing its breakout. It tested a boundary, failed to convert that test into acceptance, and rotated lower into the next pocket of support memory. Bitcoin price slid from the upper $68,000s and low $69,000s to around $66,400 by

Groupon cuts another 500 employees in the second round of layoffs

Groupon has laid off another 500 employees in a bid to cut costs, the company said in an SEC filing last week. The e-commerce company had cut 500 jobs — nearly 15% of its workforce then — previously in August 2022. The company said that this new set of layoffs will be spread across the

Employees over 55 want new skills

A large number of people in their 50s or older want to gain new digital skills, but aren’t getting the support they need to do so By Clare McDonald, Business Editor Published: 27 Jan 2023 11:29 Just over 30% of people over the age of 55 want to improve their digital skills in the hopes

Tier Mobility and Spin lay off 100 more employees

Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility operators and a computer vision startup, giving it access to e-bikes — a reach that extended beyond Europe and into the U.S. —

Microsoft could lay off as many as 11,000 employees this week

Microsoft could announce wide-sweeping layoffs within the next few days. The possibility of the tech giant laying off a significant part of its workforce was first reported by Sky News and later corroborated by Bloomberg. Sky put the number of the cuts at approximately five percent of the company’s 220,000-person workforce or about 11,000 employees

Dow Jones news to lay off employees today –union

By Helen Coster (Reuters) -Dow Jones, a division of News Corp that includes the financial news outlets the Wall Street Journal, Barron’s and MarketWatch, plans to lay off a number of employees on Wednesday, according to IAPE, the union representing unionized Dow Jones employees. In a statement to Reuters, a Dow Jones spokesperson said that

What Meta employees really think about their company’s brutal year

At the opening of Meta’s last company-wide Q&A of 2022, Mark Zuckerberg sounded disappointed but determined. “We made our plan for ’22 in terms of how we thought the business was going to go, and obviously it hasn’t gone the way that we wanted to,” Zuckerberg told employees in an audio recording of the meeting

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Bitcoin Treasuries Are Cracking as Public Companies Turn into BTC Sellers

A wave of bitcoin selling from public companies and sovereign entities is adding pressure to the bitcoin market, as firms that once called themselves long-term holders sit on long-term losses and move to shore up balance sheets, repay debt, and fund strategic pivots. Companies including Riot Platforms, Genius Group, and Nakamoto Holdings have all reduced

Analyst Says Bitcoin Closing 6 Red Monthly Candles Isn’t Bearish, What To Expect

Bitcoin’s recent price structure has not been easy to sit through. The price action has spent months moving sideways to lower, printing a series of bearish monthly closes since October that have placed the crypto sentiment in fear. That kind of slow pressure tends to feel worse than sharp sell-offs. According to a crypto analyst

Bitcoin breaks critical support as dollar and oil move together, raising risk of a deeper drop

Bitcoin spent the past 24 hours returning to the key levels on my channel map rather than continuing its breakout. It tested a boundary, failed to convert that test into acceptance, and rotated lower into the next pocket of support memory. Bitcoin price slid from the upper $68,000s and low $69,000s to around $66,400 by

Mapletree Notches Fifth US Logistics Disposal With $207.5M Sale to Dalfen

Mapletree Investments has sold a US logistics portfolio to last-mile specialist Dalfen Industrial for $207.5 million, as the Singapore-based group continues a string of disposals across its North American warehouse platform. The transaction marks Mapletree’s fifth major US logistics divestment... Read More>> The post Mapletree Notches Fifth US Logistics Disposal With $207.5M Sale to Dalfen appeared first

Bitcoin slips below $67k as ETF outflows curb risk appetite

Key takeaways BTC is down 2%, erasing the recovery earlier this week, US-listed spot ETF recorded an outflow of $173.73 million on Wednesday, breaking its two days of inflow this week. Bitcoin faces continued losses amid weaker institutional demand Bitcoin (BTC) prices continued to decline on Thursday, trading below $67,000, almost completely erasing the recovery