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Nalezeno "nosedive": 49

Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower


After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...

Study: Bitcoin Ordinal NFT Sales Nosedive as Broader Market Cools 


The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since their May 2023 zenith. This downturn mirrors a wider slowdown in the...

Web3 VC Funding Takes a Nosedive: Crunchbase Data Shows 76% Drop


Funding of Web3 firms from venture capitalists has dropped 76% in the second quarter this year as compared to the same quarter in 2022, Crunchbase data revealed.  Web3 firms raised just over $1.8 billion in the second quarter of 2023 as compared to $7.5 billion during the same period last year. ...

NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains


After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...

Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened


Visits to Indian exchanges Wazir X, CoinDCX, CoinSwitch Kuber and ZebPay fell 80% between Feb. 1 – when Prime Minister Narendra Modi’s government said it will introduce a 30% tax on crypto profits and a 1% transaction tax – and Oct. 1

Bitcoin and Ethereum Nosedive, All Top 100 Coins in Red


  Bitcoin price failed to continue higher above the USD 40,000 resistance zone and started a fresh decline below the USD 38,500 support. BTC is down 8% in a day and is currently (04:01 UTC) consolidating near USD 36,500. It is also down 8% in a week.... Read More: Bitcoin and Ethereum Nosedive...

NFT Sales Nosedive This Week as Volume Drops Close to 30%


According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...

Bitcoin, Ethereum and Altcoins Nosedive


Bitcoin price failed to settle above the USD 58,500 resistance zone. BTC struggled to continue higher and started a sharp decline below USD 55,000, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa....

Bitcoin Holds Above USD 40K, Ethereum and Altcoins Slide Against BTC


eferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH settled below USD 3,000 and it even dived below USD 2,800. XRP is consolidating near USD 0.900 and it might continue to move down. ADA could nosedive if it breaks the USD 2.00 support.Total market capitalizationSource: ht

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....

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