BlockBeats News, February 6 — Over the past two weeks, the crypto market has experienced a deep downturn, with Bitcoin rapidly falling from its high of $90,000 and barely holding above the $60,000 mark. However, the intense bear market feeling is not only reflected in the price. In the past 48 hours, three executives have publicly announced their career changes.
In addition to Kyle Samani, co-founder of Multicoin, who is considered a leading figure in the industry, ZKsync CTO Anthony Rose (@anthonykrose) and Eigen Labs Director of Developer Relations Nader Dabit have also left the industry one after another.
Amid the weak price performance, the wave of executive departures in the crypto industry may be a concentrated manifestation of cyclical industry pressures combined with personal choices.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
California Public Employees' Retirement Fund increases holdings of Strategy shares to 470,000 shares, valued at approximately $59 million
ChainCatcher reports that, according to market sources, the California Public Employees' Retirement Fund has increased its holdings of Bitcoin treasury company Strategy (Stock Code: MSTR) by 22,475 shares, bringing the total holdings to 470,632 shares, valued at approximately $59 million.
The retirement fund manages assets totaling about $611 billion.
GateNewsBot5m ago
Harvard’s $442M Bitcoin ETF Move Puts Crypto Ahead of Tech Shares
_Harvard holds $442.8M in iShares Bitcoin Trust, surpassing its $114M Alphabet stake and $235.1M in SPDR Gold Trust._
Harvard’s $442M Bitcoin ETF Move Puts Crypto Ahead of Tech Shares. Harvard University now holds a larger public position in a Bitcoin exchange-traded fund than in shares of Alpha
LiveBTCNews13m ago
Bitcoin Faces Uncertainty in 2026 as Michael Terpin Warns of Possible Drop to $40,000
The debate continues over Bitcoin’s market position, with some analysts viewing $60,000 as a floor while others, like Michael Terpin, suggest a possible drop to $40,000 before recovery. Historical patterns and macroeconomic pressures add uncertainty to the market’s future.
ICOHOIDER34m ago
Harvard Among Top 20 Holders of iShares Bitcoin Trust
Harvard University has significantly increased its investment in Bitcoin ETFs, surpassing its holdings in individual stocks. With around $442.8 million in Bitcoin ETFs, it reflects a broader trend among institutional investors embracing digital assets as key components of diversified portfolios.
Coinfomania44m ago
Will Today’s CPI Save Bitcoin Price Or Trigger More Pain?
Bitcoin price hovers near $66K as markets brace for CPI, a key catalyst that could trigger a sharp rally or sudden dump.
Soft inflation could spark a short squeeze, while a hot CPI print may send BTC hunting new lows.
A looming U.S. government shutdown threatens liquidity, potentially draining
Blockzeit47m ago
