From GameStop to Coinbase, NFT bets are spoiled by crypto debacle – Los Angeles Times - News Summed Up

From GameStop to Coinbase, NFT bets are spoiled by crypto debacle – Los Angeles Times


According to blockchain data tracker CryptoSlam, global monthly NFT sales fell 89% in November compared to their all-time high of more than $4.9 billion in January. The decline threatens marketplaces, including those launched by GameStop and Coinbase Global, which once sold highly sought-after digital assets. It is unclear how the platform is currently operating as DappRadar stopped reporting GameStop NFT sales on November 9. While the Coinbase NFT recorded sales of over $533,500 on September 9, its sales on December 26 were recorded at over $5,000, a drop of 99%. BusinessOctober 24, 2023BusinessOctober 23, 2023BusinessOctober 23, 2023BusinessOctober 23, 2023Californiausc sportsTravel and ExperienceCaliforniascience and medicineBusinessOctober 23, 2023BusinessOctober 23, 2023BusinessOctober 22, 2023CaliforniaOctober 22, 2023BusinessOctober 21, 2023Subscribe for unlimited accesssite mapFollow usMore from LA TimesSourceSource


Source: Los Angeles Times October 24, 2023 13:43 UTC



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