#declining

7:08am, 2nd June, 2023

US debt ceiling, declining trust in banks send ETH staking to record highs

The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, deterring confidence in USD, the downfall of banks and the high APR offered on the ETH staking.

Circle CEO blames US crypto crackdown for declining USDC market cap

3:35am, 26th April, 2023

Crypto Wiki

Circle CEO blames US crypto crackdown for declining USDC market cap

The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months owing to the regulatory crackdown and banking crisis.

Web3 a hot topic at SXSW despite bear market and declining interest in NFTs

8:33am, 21st March, 2023

Crypto Wiki

Web3 a hot topic at SXSW despite bear market and declining interest in NFTs

Web3 was a major theme at SXSW 2023, yet previous hype around NFTs and building during a bear market may be contributing factors to Web3 adoption.

Blockchain VC funding surpasses 2021 total despite declining since May

12:19pm, 20th December, 2022

Crypto Wiki

Blockchain VC funding surpasses 2021 total despite declining since May

After a tumultuous year in crypto, investors are now more selective with their funding.

Celsius bankruptcy proceedings show complexities amid declining hope of recovery

8:08am, 26th August, 2022

Crypto Wiki

Celsius bankruptcy proceedings show complexities amid declining hope of recovery

Celsius Network’s bankruptcy proceedings have highlighted that the firm has misrepresented many of its assets with deep complexities in its operations.