#cryptowinterwarrior
cryptowinterwarrior
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💼📉🔪 Uphold Axes 17% of Staff as Crypto Winter Bites!
🔹 85 employees cut globally — CEO cites "recalibration" after doubling headcount 👥✂️
🔹 Strategic shift to enterprise business as retail trading collapses — banks/fintechs still growing 🏦📈
🔹 Crypto market cap fell to $2.1T in Q2 — 3 consecutive quarters of painful declines 📊💀
🔹 Bitcoin ETFs bled $6.9B in May-June — weak retail participation + rate fears crushing volumes 🩸📉
From growth to survival mode — even the strong ones cutting fat to weather this nuclear winter ❄️💀
#Layoffs #CryptoWinterWarrior #Uphold
@MONEY $BTC
🔹 85 employees cut globally — CEO cites "recalibration" after doubling headcount 👥✂️
🔹 Strategic shift to enterprise business as retail trading collapses — banks/fintechs still growing 🏦📈
🔹 Crypto market cap fell to $2.1T in Q2 — 3 consecutive quarters of painful declines 📊💀
🔹 Bitcoin ETFs bled $6.9B in May-June — weak retail participation + rate fears crushing volumes 🩸📉
From growth to survival mode — even the strong ones cutting fat to weather this nuclear winter ❄️💀
#Layoffs #CryptoWinterWarrior #Uphold
@MONEY $BTC
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