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Tag: Market Updates

2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability

September 3, 2024 wp-bot Bitcoin News, Blockchain

A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights

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Crypto Market Wobbles: Helium Gains While Zcash Leads Week’s Declines

September 2, 2024 wp-bot Bitcoin News

While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn’t have a winning week. However, helium (HNT) bucked

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South Korea’s Bitcoin Premium Persists Amid Market Volatility

August 31, 2024 wp-bot Bitcoin News, Coinbase

Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading

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Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip

August 31, 2024 wp-bot Bitcoin News, Blockchain

While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of

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Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports

August 29, 2024 wp-bot Bitcoin News

The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report

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Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike

August 28, 2024 wp-bot Bitcoin News, Coinbase

A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall

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