Utility and long-term profits top reasons for NFT purchases: CoinGecko study
People purchase NFTs for various reasons, but according to a new survey from CoinGecko, the majority buy them for utility and long-term profits.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
People purchase NFTs for various reasons, but according to a new survey from CoinGecko, the majority buy them for utility and long-term profits.
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 CointelegraphRelated market context
Switzerland’s Crypto Use Is Double Germany’s, Study Finds
Switzerland has spent years building the conditions for broader cryptocurrency adoption, and the latest data suggest those efforts...
Michael Saylor hints at potential Strategy Bitcoin purchase after five-week pause
Saylor's hint could boost market confidence in Bitcoin, potentially impacting Strategy's stock value and influencing investor sent...
New Bitcoin study shows the strongest recurring liquidation warning signs cannot warn of an individual crash
A new arXiv preprint studying seven major Bitcoin crashes found the warning signal shifting among price, leverage, and order flow...
BlackRock clients net purchase $273M in Bitcoin this week
BlackRock's influence on Bitcoin ETFs highlights market volatility and underscores the need for sustained inflows to stabilize inv...
Bitcoin (BTC) Price Today: Michael Saylor’s Strategy Reports $8.3B Loss as BTC Slides Below $64K
The BTC move comes shortly after Strategy reported an $8.33 billion operating loss for the second quarter of 2026, including an $8...
As Ethereum turns 11 years old it hosts $148B in stablecoins, but daily mainnet revenue just fell to $330k
Ethereum turned 11 on July 30, the anniversary of the day users generated and loaded the Frontier genesis block in 2015. In its fi...