Too Long; Didn't Read
Cameron and Tyler Winklevoss are laying off 10% of the workforce at Gemini, a first for the U.S.-based cryptocurrency exchange and custodian. The last so-called “crypto winter” ran from 2018 into the fall of 2020 as the value of cryptocurrencies plunged and layoffs were rife. A financial analyst has predicted that Bitcoin will shed another 50% from its current price and hit $14,000 in 2022.