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NFT Market Slump Hits Artists Hard: Payouts to Creators Plunge 98% as Royalties Slashed
6.8.2023
The NFT market is experiencing a tumultuous slump, with tensions rising between traders and creators of digital collectibles rising amid controversy surrounding royalties.
This friction has resulted from the recent decision by top NFT exchanges, including Blur and OpenSea, to cut royalty rates...
Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers
18.7.2023
In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday. Crypto Market in Flux Throughout this chaotic 24-hour...
Blockchain Analytics Firm Nansen Cuts 30% of Staff Amid Market Slump
31.5.2023
Blockchain analytics firm Nansen is cutting 30% of its staff, the company’s CEO Alex Svanevik announced via Twitter on Tuesday.
Svanevik said that the decision to reduce the company’s cost base, which is “too high relative to where the company is today”, was based on the fact that Nansen...
BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days
12.5.2023
Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens...
Goldman Sachs: Crypto Investments in Family Offices Rise Despite 2023 Market Slump
10.5.2023
In spite of the ongoing cryptocurrency market downturn, family offices are ramping up their investments in crypto assets, according to a recent report released by U.S. investment bank Goldman Sachs. ...
Read More: Goldman Sachs: Crypto Investments in Family Offices Rise Despite 2023 Market Slump
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks
16.2.2023
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged...
Tron's DAO to Purchase $1B USDT to 'Safeguard' Against Market Slump
10.11.2022
USDT slipped to as low as 93 cents in the European afternoon hours
MicroStrategy scoops up 480 Bitcoin amid market slump
29.6.2022
The business intelligence firm has now amassed 129,699 BTC at an average price of $30,644, according to CEO Michael Saylor
Forget the Market Slump – Inflation Will Define Bitcoin This Year and Beyond
11.6.2022
Chen Li is the CEO and Founder of digital asset venture capital firm Youbi Capital._______
Inflation: the word on everyone’s lips in 2022. With rising prices squeezing budgets more than we’ve seen in the last four decades, investors and consumers are desperate for ways to protect their...
Monero defies crypto market slump with 10% XMR price rally — what's next?
10.4.2022
XMR price cup-and-handle pattern fetches a bold $10,000 price prediction for 2023
Bitcoin Dominance Increases, ETH’s Market Share Slides, Stablecoin and Smart Contract Coins Rise
19.1.2022
On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy’s market slump, bitcoin’s market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range....
NFT sales and blockchain games continue to grow despite the recent market slump: Report
14.1.2022
Gen Z and growing interest throughout Asia have helped NFTs to shine brightly amidst volatility, according to a report from DappRadar
Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils
4.10.2021
Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the...
NFT Market Sales Begin to Improve After Last Week’s Massive Market Slump
19.9.2021
Seven days ago, non-fungible token (NFT) marketplaces saw sales nosedive after reaching all-time highs during the month of August. A week later sales have rebounded to a degree and NFT marketplaces like Opensea, Rarible, and Superrare have seen improvements in terms of seven-day trade volumes....
Mirror Protocol silently rallies 30% overnight despite crypto market slump
17.6.2021
The decentralized finance protocol's native token MIR jumps over 30% overnight as traders' attention shifts to its protocol upgrade and Gemini listing
Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch
13.5.2021
The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch
DeFi summer 2.0? 'Gen 2' tokens on a tear amid wider market slump
7.3.2021
Decentralized finance 'Gen2' tokens sprint forward as the broader DeFi market gasps for air
Crypto Networks Stress Tested During Bitcoin’s Wild Week
14.3.2020
Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have...
DeFi Boosted Ethereum Dapps Despite Market Slump
8.10.2019
Decentralized finance dapps are experiencing “huge growth,” per a new report – with Ethereum-powered services leading the way.
A Dapp.com report found that in Q3 “over USD 525 million was performed by finance services dapps” (decentralized apps). And 27.6% of dapp users began using decentralized...