How Would a Recession Affect NFTs?
The standard view is that in the event of an economic slowdown, crypto will perform badly, and in that case, NFTs would perform the worst of all.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Finance MagnatesRelated market context
CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
Bitcoin Magazine CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse Pro-crypto regulator Mike Selig has...
Cardano’s Programmable Token Standard Goes Live With Built-In KYC and Freeze Controls
The Cardano Foundation announced on Wednesday at TOKEN2049 that CIP-0113, Cardano’s programmable token standard, is live on Cardan...
OKX Secures Circle, Ripple and Standard Chartered Backing at $25B Valuation
Key Takeaways: OKX raised funding with Circle, Ripple, QRT, and SC Ventures with a valuation of $25B. The deal is a continuation o...
Vitalik Buterin urges calm as AI raises new fears over Bitcoin and Ethereum cryptography security
Ethereum co-founder Vitalik Buterin warned that AI-driven advances in mathematics could weaken both existing crypto signatures and...
Standard Chartered to offer crypto custody services for institutional clients
Institutional crypto custody by banks like Standard Chartered may boost market legitimacy, potentially influencing crypto adoption...
OpenAI math breakthroughs raise ‘bunker mode’ alarm from Bitcoin researcher Justin Drake
OpenAI’s latest advances in mathematics have prompted a leading Ethereum researcher to warn that crypto’s core wallet security cou...