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3 Out of Every 4 Web3 Games Have Met Their Demise: CoinGecko Report
4.12.2023
Source: Adobe Stock / enchanted_fairy Three out of every four Web3 games launched in the past five years have met their demise, presenting a bleak outlook for GameFi industry. In a recent report, CoinGecko analyzed the launch and success rates of 2,817 games between 2018 and 2023. Shockingly...
3 out of 4 Web3 Games Launched Between 2018 and 2023 Now Inactive — Study
2.12.2023
Between 2018 and 2023, 2,127 out of 2,817 Web3 games launched have either failed or are now inactive, an analysis by Coingecko has shown. The failure rate was the highest in 2019 (94.3%) and 2020 (94.4%) while in 2021, 339 out of 738 games failed, translating to a failure rate of 45.9%. 2020...
Over 75% of Web3 games ‘failed’ in last five years: CoinGecko
30.11.2023
The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak
CoinGecko Expands Services with Acquisition of NFT Data Provider Zash
22.11.2023
Source: iStock Crypto-price aggregator CoinGecko has acquired Zash – a non-fungible token (NFT) data infrastructure platform – to help bring data monitoring for both fungible and non-fungible tokens under one roof. Terms of the deal remain undisclosed, but it marks the first of its kind for...
CoinMarketCap rival CoinGecko acquires NFT startup Zash
22.11.2023
CoinGecko has acquired the NFT data infrastructure platform Zash as the firm remains bullish about the NFT market. The terms of the deal have not been disclosed
Sam Altman’s Departure from OpenAI Triggers a Sharp Decline in Worldcoin’s Value – What’s Going On?
18.11.2023
Source: A screenshot, worldcoin.org The recent announcement of Sam Altman‘s departure from OpenAI has triggered a sharp decline in the value of Worldcoin’s WLD token. At the time of writing, WLD is trading at $1.86, down by more than 13% over the past day, according to data from...
U.S. Crypto Lobby Spending Surpasses $20 Million in 2023, On Track to Beat 2022 Record
17.11.2023
Adobe Over $20 million has been spent on crypto-related lobbying in the United States this year, a new report shows. According to a recent CoinGecko report, the amount spent on cryptocurrency lobbying was $20.19 million, a figure set to break last year’s $22 million mark as recent data does...
Binance’s Stablecoin BUSD Market Capitalization Slides 90% from Peak – Will it Affect Binance Exchange?
26.10.2023
Binance USD (BUSD) , the stablecoin issued by Paxos for crypto exchange Binance, has seen a decline in market capitalization of more than 90% from its peak last year. According to CoinGecko data, BUSD’s market cap has plummeted from an all-time high of $23.5 billion, recorded on November...
Pepe Coin Price Prediction as PEPE Rockets Up 100% in 7 Days – Can PEPE Reach $1 in 2023?
25.10.2023
Pepe Coin (PEPE) has been pumping hard in the last 24 hours. As per CoinGecko, the cryptocurrency has surged a massive 80% in the last seven days. At current levels near $0.00000115, PEPE is up more than 90% versus its September lows at $0.0000006. The token’s pump comes as the broader crypto...
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
18.10.2023
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields
Crypto firm claiming $1.4B in trades on CMC flashes reportedly fake license data
26.9.2023
A crypto exchange claiming $1.7 billion in daily trades, and reporting $1.4 billion on CMC, had been reportedly displaying false license data until it was checked by Estonian regulators
Stablecoin Ecosystem Holds Firm Despite Lackluster Activity
17.9.2023
The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience...
Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months
2.9.2023
The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside...
Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds
21.8.2023
Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid, heatwaves, and the war in Ukraine render bitcoin mining...
Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko
20.8.2023
According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin production, determined by household electricity costs
2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms
16.8.2023
In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says Coingecko’s Mid-Year Crypto Study According...
Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
8.8.2023
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht...
CoinGecko Launches Index for Crypto Tokens Alleged as SEC Securities, Valued at $91 Billion
8.8.2023
Cryptocurrency data aggregator CoinGecko has introduced a new category that lists cryptocurrencies that have been designated as securities by the United States Securities and Exchange Commission (SEC).
This move comes in response to the growing need for clarity in the complex regulatory landscape...
CoinGecko now has an index for crypto tokens alleged as securities
7.8.2023
According to CoinGecko, nearly $85 billion worth of crypto falls under the category of “alleged SEC securities.”
Crypto’s Newest Sector: Telegram Bot Coin Economy Swells to $138 Million
25.7.2023
A new player has emerged in the constantly evolving cryptocurrency market: Telegram bot coins. These crypto assets, used within Telegram’s ecosystem, are leveraged to facilitate automated trades for users on decentralized exchange (dex) platforms. These distinctive crypto assets have turned...