Where do I begin? Cryptocurrency is in freefall. The Bored Ape market floor is now below $100k, Bitcoin and Ethereum are hitting 2020 lows, and now we’re in “crypto winter.” So the question is, can it recover?
After screaming internally, in short, my answer is yes.
Now, I’m not here to “be an expert,” but as a long-term investor and technology supporter, there’s a need and a benefit to blockchain utilization for several reasons. The good news is we don’t even have to break into that conversation to justify a bounce-back in this severe market climate. Global corporations invest in NFTs, metaverse scalability, and cryptocurrency support through payments. If anything, the market isn’t even close to breaking the tip of the iceberg.
It’s just a matter of when.
I do believe it’s important to note that many other markets, including Wall Street and the stock market, will continue to decline, and some forecast this may continue for years. General goods, gas, and the cost of living are also increasing. Inflation is reaching absurd highs globally. Now is an excellent time to be frugal and focus on maintaining good habits!
Now let’s break into some market updates.
Binance Doubles-Down On Commitment To Cryptocurrency Sector
While global crypto exchanges are axing workers ahead of “crypto winter” and incredibly futile market numbers, industry leader Binance has doubled its commitment to the cryptocurrency sector. CEO of Binance, Changpeng Zhao, announced the company’s promise to grow its global forces throughout 2022.
Binance is hiring for over 2,000 job positions globally. Click here to view Binance’s job listings.
Anonymous Lead Developer of Shiba Inu…
