The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. Bitcoin trades sideways.
Crypto markets remain fretful about any suggestion the economy is not slowing enough to staunch rising prices. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
Crypto and other markets responded favorably to a surprisingly large decline in U.S. job openings, which offer the latest evidence of economic slowing.