In early 2026, a wave of layoffs across the crypto industry has raised concerns about the reasons behind the job cuts. While some companies cite macroeconomic factors, such as weak token prices, others frame their workforce reductions as part of a broader shift toward integrating AI into their operations. Summary Major crypto firms, including Algorand
BlackRock accumulated nearly $200 million worth of Bitcoin (BTC) over a five-day stretch, even as broader exchange-traded fund (ETF) flows showed signs of short-term weakness. Data from March 16 to March 20 shows that BlackRock’s iShares Bitcoin Trust (IBIT) began the week with strong inflows, attracting about $139.4 million on March 16. Momentum carried into
Bitfarms shareholders have signed off on a sweeping corporate shift that relocates the company to the United States and repositions it as an infrastructure play for artificial intelligence (AI) and high-performance computing (HPC). Bitfarms Shareholders Approve Delaware Shift and KEEL Ticker Transition The vote, held March 20, delivered a near-clean sweep, with about 99.3% of
HSBC reiterated its expectation that the Fed will keep interest rates stable for the next two years. The bank announced that the Fed kept its policy interest rate unchanged at 3.50%-3.75% at its March meeting and indicated a “wait-and-see” approach in its decision statement. According to HSBC, persistent inflationary pressures and rising geopolitical risks continue
Wall Street has spent months debating when the Federal Reserve will cut interest rates. Now, traders are considering if the next move could be a hike. Two days past the Fed’s Mar. 18 decision to hold its target range at 3.50%-3.75%, markets moved in the opposite direction. Bloomberg-based pricing climbed above 60% odds of a
The stablecoin economy keeps pressing higher, with its total valuation topping $316 billion as of March 21 after adding $124.9 million over the past week. Of that $316 billion, Tether’s $USDT holds a commanding 58.25% share. Stablecoin Supply Grows Steadily The fiat-pegged token sector moved slightly higher this past week, adding 0.04%. Zooming out, the
Japan has taken a bold step that could reshape the global crypto landscape. The government has reduced the tax on Bitcoin capital gains from a staggering 55 percent to a much lower 20 percent. This major shift signals a clear intent to support innovation and attract more investors into the digital asset ecosystem. Many market
The Algorand Foundation on Wednesday joined the ranks of crypto firms slashing headcount, losing 25% of its fewer than 200 employees and citing “the uncertain global macro environment” and a broader crypto downturn. The cuts arrived as a wave of layoffs proliferates across the industry. In February, Gemini Space Station (GEMI) said it would eliminate
Federal Reserve Board member Christopher Waller made noteworthy comments regarding interest rate policy in his recent statements. Waller stated that he initially considered calling for interest rate cuts following the weak employment data released in February, but increased inflation risks and geopolitical developments changed his view. Speaking in an interview with CNBC, Waller stated that