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Fading Interest for Privacy Cryptos Leads to $440M Market Dip in 2023


Throughout 2023, numerous sectors within the cryptocurrency market have experienced gains. However, leading privacy-centric crypto tokens have lagged behind in performance compared to their counterparts. Since January, the market value of the privacy cryptocurrency sector has diminished by $440...

This Week’s Crypto Snapshot: TIA and YFI Soar; GAS, TRB, MKR Struggle


Thursday, November 16, 2023, marks a steady phase in the crypto economy, maintaining a value of $1.4 trillion with a modest increase of 0.44% in the last 24 hours. Concurrently, despite the seven-day downturn experienced by both bitcoin and ethereum this week, a notable 39 cryptocurrencies have...

NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn


Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in approximately $70.51 million in NFT transactions....

Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn


In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce.  CEO Michael Gronager informed employees of the decision in an email on Monday evening, according to a recent...

2023: The Year AI Cryptos Soared, Then Faltered


At the outset of the year, artificial intelligence (AI) cryptocurrencies embarked on a rising journey, recording substantial gains and witnessing a surge in global trade activity. However, as we now traverse the course of time, the AI crypto landscape has undergone a significant downturn. According...

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