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Bitcoin Drops Below $28K on Profit Taking; DOGE, TRX Lead Altcoin Slump
3.10.2023
BTC traded just over $27,600 in Asian afternoon hours on Tuesday, while Ether dropped 3.5% amid a dismal first day of ETH futures ETF trading in the U.S
GRO looks at ceasing official activity amid sector-wide slump
21.9.2023
GRO has decided to shut down all of its present business-related activities following the slow downfall of the DeFi arena. Their plan is to return the remaining treasury to the GRO token owners, who can then have the option of transferring it to a redemption contract. In the case of the DeFi arena...
Axie Infinity’s Stats Slump: A Play-to-Earn Reality Check
17.9.2023
Axie Infinity ranks among the largest blockchain-driven play-to-earn games ever. However, its luster has dimmed considerably from its January 2022 peak. Then, a robust 2.78 million average monthly players flocked to the game. Yet, today’s count stands at a mere 359,254 average monthly...
Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up
4.9.2023
Shibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer-2 network
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
31.8.2023
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said
Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump
29.8.2023
Indian crypto exchanges like CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS
SUI and HBAR Slump Ahead of Latest Crypto Token Unlocks
29.8.2023
Both protocols have seen their tokens drop more than ether in daily trading as the next unlocks inch closer
Bored Ape Yacht Club NFTs Face Sharp Decline Amid Broader Crypto Slump
24.8.2023
Recent data paints an intriguing picture for the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC). Over a six-month span, its floor price tumbled from 76 ether down to a mere 21.99 ether. However, as of now, the BAYC floor is navigating a range of 23.90 ether to 24.65...
Study: Bitcoin Ordinal NFT Sales Nosedive as Broader Market Cools
19.8.2023
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...
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
18.8.2023
The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated
Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump
17.8.2023
One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts
Bitcoin ETF momentum runs out as crypto market enters summer slump: Report
11.8.2023
DeFi and NFTs remain deep in the bear market while crypto stocks see an upside
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...
Chainlink & Polkadot trading volumes slump, Borroe sees exponential popularity surge
2.8.2023
The cryptocurrency market is known for its dynamic nature, with tokens experiencing fluctuations in trading volume and popularity. In recent times, major players like Chainlink (LINK) and Polkadot (DOT) have witnessed a slump in trading volume. However, amidst this market trend, a new token...
Global Crypto ATM Resurgence: Net Growth Rebounds After Initial 2023 Slump
26.7.2023
In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since the debut of the first bitcoin ATM in Vancouver...
XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K
18.7.2023
Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, a FalconX analyst said
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...
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
13.7.2023
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February
Crypto Executives Stay Positive Amidst VC Funding Slump
7.7.2023
Executives in the crypto industry are still positive about the sector’s long-term prospects despite a slump in venture capital funding.
Based on numbers from the crypto data provider RootData, the second quarter of last year saw the lowest amount of funds raised by crypto firms since tracking...