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Nalezeno "Market slump": 38

Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers


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


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


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...

Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils


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


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....

Crypto Networks Stress Tested During Bitcoin’s Wild Week


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


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...

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