CryptoNews

NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn – Markets and Prices Bitcoin News

September 3, 2023
Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting the broader crypto economy’s downturn and its significant impact on the NFT marketplace. Can NFTs Rally in September? Recent 3-Week Sales Trend Casts…
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CryptoNews

Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use – Bitcoin News

September 2, 2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates Downward: Corrected Index Reflects More Accurate Power Consumption In a report published this week, the…
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CryptoNews

Just Over Half of Turkey's Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study – Featured Bitcoin News

September 2, 2023
In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who invested in cryptocurrencies grew from 40% to 52%, data from the latest Kucoin report has shown. The report also revealed that 54% of Turkish adults who invested in crypto for the first time in the past year were under the age of 30. Crypto as a Shield Against Inflation According to a new Kucoin survey, the…
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CryptoNews

Circle Partners With Mercado Pago to Offer USDC to Chilean Customers – Bitcoin News

September 1, 2023
Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to access USDC via Mercado Pago’s services and leverage it as a digital representation of the U.S. dollar for payments and savings. Circle to Enter Chile and…
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