|
|
Edited by Kahn332 at 22-12-2023 05:06 AM
Recently, the overall situation in the cryptocurrency industry has shown signs of improvement, with a generally optimistic sentiment prevailing in the market. Bitcoin, in particular, has doubled in price since the beginning of this year, reaching around $35,000.
At the same time, the U.S. Manhattan Federal Court ruled that cryptocurrency exchange FTX is guilty of seven charges, including wire fraud, conspiracy to commit fraud, and conspiracy to commit money laundering. Its founder, Sam Bankman-Fried, who is in his 90s, may face up to 115 years in prison. This ruling provides some closure to the market collapse events that occurred in 2022.
While it seems that everything in the cryptocurrency market is moving in a positive direction, shifting our focus to the NFT (Non-Fungible Token) niche reveals a colder winter than ever before.
After gaining widespread attention in 2021, NFTs have experienced a roller-coaster development, and they are currently in a prolonged downturn. |
|
Post time 12-11-2023 20:16:41