Crypto Companies Pull Back on Marketing After Their Super Bowl Blitz

  • 📰 WSJ
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Many cryptocurrency brands are putting the brakes on their marketing spending, a shift that has left ad sellers and agencies questioning whether crypto is going to be the cash cow they had anticipated

Selloffs continued to batter major U.S. stock indexes, with the S&P 500 entering bear-market territory in May for the first time in more than two years. WSJ’s Caitlin McCabe looks at some of the key causes behind the market volatility.

Photo: John Minchillo/Associated PressMonths after top cryptocurrency brands spent hundreds of millions of dollars on advertising campaigns, sponsorship deals and Super Bowl ads in a bid to turn themselves into household names, many are now putting the brakes on their marketing spending.in value, increased scrutiny from regulators

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It was never going to be the cash cow because it was never based on actual money.

Well, it is a pyramid scheme. There are four suckers born every second.

Lol crypto nerds are too busy serving up non fungible whoppers with non fungible fries to watch TV

Crypto has blown the trust factor. Hard to earn it back.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing – Regulation Bitcoin NewsThe registry of virtual asset service providers of the Bank of Spain reached a number of 17 companies last week, with the inclusion of three more crypto businesses. Yes rất là minh bạch Retweet if you want big announcement for $SHIB 📈👀 Being honest, the people who give up on Shib were never in it for anything but to get rich overnight. Oh ye all of little faith please do burn or sell off. I'm holding and won't give up. Shibarmy strong. Ryoshi means Hunter or Fisherman in Japanese.. so let's woofin do this
Source: BTCTN - 🏆 531. / 51 Read more »

Crypto companies have announced more than 1,700 layoffs in June aloneInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. 🤣🤣🤣🤣 it’s been here since November. It’s merely peaking now but what about the companies hiring during these times? binance krakenfx kucoincom crypto Bitcoin I thought it was here already And let’s not forget the 27,000 tech start up jobs that have been lost since May 😃😃
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's How Crypto Market Could Recover Faster, According to FTX U.S. President Brett HarrisonThese are the key factors that could potentially accelerate the cryptocurrency recovery, according to Brett Harrison
Source: Utoday_en - 🏆 295. / 63 Read more »