From Long Island Iced Tea Corp.’s infamous 2017 decision to rebrand itself as Long Blockchain Corp., which sent its stock soaring, to big-name companies touting Web3 and NFT initiatives, a sure-fire way to generate buzz was to yell about your crypto bona fides.

Ethereum has noted gains of 15.5% in the past three weeks. The defense of the $1160-$1180 region before Christmas was followed by a slow but steady ascent for the altcoin giant. At the time of writing, both Ethereum and Bitcoin traded close to significant resistance levels.

Bullishness returns as Bitcoin recaptures $17,000, but doubts remain on whether this is the start of a bull market.

The current crypto market rebound comes as a welcome trend for traders after a tough time for most part of 2022. However, macroeconomic scenario does not really reflect a bullish sentiment in the traditional markets as yet. The FTX collapse at the far end of 2022 dealt a body blow to the crypto community. Meanwhile, there seems to be a change of attitude that is driving the altcoin rally currently.

Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings.

After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing.

Rumours have emerged that Gate.io has started staff layoffs that could affect 40% to 50% of its workforce.

The growing number of Bitcoin UTXOs indicates a healthy network usage that defies the ongoing bear market.

2022 is undoubtedly the most tumultuous year for Web3. It started with a slump after all the excitement from 2021. After all the hype, the market and the industry as a whole exposed its dark sides. The best we can do is to learn from what we have experienced and prepare for the coming bull run.

Despite the bear market affecting the digital asset industry this year, the adoption of cryptocurrency ATMs has continued to grow, powered by different factors.