95% of the NFT market is now worthless? 🚀

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Equity Mates
September 27, 2023

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This Week in Crypto

Tweets of the week

Articles

Remember when NFTs sold for millions of dollars? 95% of the digital collectibles may now be worthless.

NFTs had a huge bull run two years ago, with billions of dollars a month in trading volume, but now most have crashed to zero, a study found.

markets.businessinsider.com/news/currencies/nft-market-crypto-digital-assets-investors-messari-mainnet-currency-tokens-2023-9?utm_source=reddit.com

Coinbase Holds $25 Billion Worth Of Bitcoin, Becomes Largest Holder With 1M BTC

Arkham Intel has identified $25 billion worth of Bitcoin (BTC) reserves held by Coinbase, the prominent US-based cryptocurrency exchange

www.newsbtc.com/coinbase/coinbase-holds-25-billion-worth-of-bitcoin-becomes-largest-holder-with-1m-btc

Ethereum Hits $10 Billion in Revenue Faster Than Facebook & Microsoft

Ethereum tops $10 billion in cumulative revenue in seven years outpacing many large software companies like Microsoft and Facebook.

cryptobriefing.com/ethereum-revenue-surpassing-tech-giants

It’s time for a poll

Do you think the NFT market will ever reach its highs of January 2022 again?

Login or Subscribe to participate in polls.

Last week’s result

More of the big news

JPMorgan Chase UK imposes ban on crypto transactions

Starting on Oct. 16, JPMorgan Chase UK customers will not be able to make crypto transactions via bank transfer or debit card.

blockworks.co/news/chase-uk-crypto-ban

Crypto Exchange Huobi Hacked for $7.9 Million

Huobi was hacked for $7.9 million after a hot wallet was compromised. Huobi offered a white hat bonus to encourage the return of stolen funds

cryptobriefing.com/crypto-exchange-huobi-hacked-for-7-9-million

Ethereum Average Fees Has Hit A New 2023 Low: Data

On-chain data shows the average Ethereum transaction fee has recently dropped to $1.15, which is a new low for the year 2023 so far.

bitcoinist.com/ethereum-average-fees-has-hit-a-new-2023-low-data

Some of our favourite content

Check out the Crypto Curious podcast

It’s been a great 2023 so far if you’re a crypto investor/. Every Wednesday, the Crypto Curious podcast dissect the most important news in the world of crypto and keep you informed on the major projects you need to know about.

Crypto Curious Archives - Equity Mates Media

Are you crypto curious? Do you hear NFT and think WTF? Have you heard about Bitcoin and Ethereum but unsure where to start? Then this is the podcast for you! Every Monday join Tracey, Blake and Craig as they break down the basics, discuss new trends and share what is exciting them in the ever-changing, fast-paced world of cryptocurrencies. Whether you want to just understand the news, join the conversation at the pub or get started investing, this show is your one-stop shop for all things cryptocurrencies. Go from crypto curious to crypto caught-up with this new podcast from the team at Bamboo and Equity Mates Media.

equitymates.com/show/crypto-curiou

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