Recruiters say the tech job market is still red hot, despite isolated layoffs and cautious words from executives

A “We’re Hiring!” sign is displayed at a Starbucks Mario Tama | News from Getty Images | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was getting up at 4 a.m. getting ready for a meeting when his company MacBook suddenly shut down. He later found out … Read more

Crypto Crash: Forced Selling Cooling Down; Correlation with stocks back in focus

Hi! Welcome back to Distributed Ledger, our weekly crypto newsletter, hitting your inbox every Thursday. I will guide you through the current bear markets. As usual, you can find me on Twitter at @FrancesYue_ to send feedback or let us know what you think we should cover. You can also email me to share your … Read more

Bitcoin Plunges Below $17,800 as Selloff Accelerates Here’s What Happened

Bitcoin plunged to $17,749 and Ether fell to $897 around 4:15 a.m. ET on Saturday afternoon as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies have fallen more than 35% over the past week as both broke symbolic price barriers. Bitcoin peaked at $68,789.63 in November and last traded at … Read more

These stocks offer the best “long-term opportunity” during a recession, according to analysts

Concerned investors should stock their portfolios with stocks that have the best chance of weathering market volatility and represent good long-term buying opportunities, analysts said this week. These companies have certain characteristics that Wall Street analysts believe will allow them to emerge on the other side of the turmoil. CNBC Pro scoured the best Wall … Read more

Ethereum is on the verge of its big upgrade, but why has it fallen more than Bitcoin?

This article has been updated to correct the identification of Citadel Securities. Hi! Welcome back to Distributed Ledger, our weekly crypto newsletter, hitting your inbox every Thursday. I’m writing this in the heat of Austin, TX where Consensus, a multi-day crypto conference, kicked off today. As usual, you can find me on Twitter at @FrancesYue_ … Read more

“I thought it was a sick joke”: You gave up other job offers to work for Coinbase and are now unemployed

When Hao Jia received an email from Coinbase that his job offer had been withdrawn, he was on his way to watch the blockbuster film starring Tom Cruise, Top Gun: Maverick. Jia’s friend asked him to see the film for her because she was in China, where the film has not yet been released, and … Read more