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
BTC drops below 70,000 USDT
Gate News bot message, Gate market display, BTC drops below 70,000 USDT, current price 69,992.9 USDT.
CryptoRadar7m ago
BTC Breaks Through 71,000 USDT
Gate News bot message, Gate market display, BTC breaks through 71,000 USDT, current price 71,014.9 USDT.
CryptoRadar19m ago
Bitcoin Consolidates Below $70K While Technicals Refuse to Pick a Side
Bitcoin traded near $69,000 on March 11, 2026, hovering inside a tight consolidation band after failing to hold a push toward the $71,600 area. Across the one-hour, four-hour and daily charts, price action remained largely range-bound as oscillators and moving averages collectively pointed to a
Coinpedia22m ago
CBI Arrests Darwin Labs Co-Founder Over $2B Bitcoin Scam
India’s main investigative agency has made a major arrest in one of the biggest crypto fraud cases. The Central Bureau of Investigation has arrested Ayush Varshney. The co-founder of Darwin Labs for his alleged role in the massive GainBitcoin scam
Authorities stopped Varshney at Chhatrapati
Coinfomania28m ago
Bitcoin surpasses 70,000 USDT, with an intraday increase of 0.10%
Gate News Report: On March 11, Bitcoin broke through 70,000 USDT, currently trading at 70,015.14 USDT, with a daily increase of 0.10%.
GateNews37m ago
