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NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge


Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise...

3 out of 4 Web3 Games Launched Between 2018 and 2023 Now Inactive — Study


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...

Report: Bitcoin Miners’ Revenue Down by More Than 30% in the Last 6 Months


In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in Bitcoin miners’ revenue is attributed to Bitcoin price volatility, increased competition, and higher electricity...

Bitcoin Technical Analysis: BTC Bulls Break Resistance, Holding Above $38K


While U.S. equities and precious metals remain flat, bitcoin has seen an uptick in value over the past day. Currently valued at $38,376, with an intraday range stretching from $37,547 to $38,804, bitcoin’s market capitalization stands at $750 billion. Over the past 24 hours, bitcoin...

Grow Protocol Raises Over $15k In First Hours Of ICO Start


PRESS RELEASE. Token preseal is currently live – 11/17/23 Coinscribble – December 1st, 2023 / In a pioneering development in the Web3 realm, GROW Protocol announces its debut as the “world’s first real blockchain passive income coin”. Signifying a radical shift...

Nigerian Supreme Court Extends Old Banknote Demonetization Deadline Again


The Supreme Court of Nigeria has again extended the lifespan of the N1000, N500, and N200 naira notes. The Central Bank of Nigeria (CBN) also reiterated that all banknotes, including the previously demonetized naira, remain legal tender “ad infinitum, even beyond the initial 31 December 2023...

Rep. French Hill Estimates Crypto Legislation to Pass in Early 2024


Representative French Hill, vice-chairman of the House Financial Services Committee, stated intent to bring two crypto regulation bills to the floor and pass them in early 2024. Hill told CNBC that Congress wants to give the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures...

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