# OpenSea's Awful Year

*Author: Bankless*
*Published: Dec 6, 2023*
*Source: https://www.bankless.com/read/bitcoin-needs-apps-copy*

---

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/12/Group-586--2--2.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=opensea-bounce&email=true)

  

    OpenSea's Awful Year
  
  

  
  Published on Dec 6, 2023

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

---
[**Sponsor: Kraken**](https://www.bankless.com/sponsor/kraken-1682978636?ref=opensea-bounce&email=true) — Sign up for an account and see what crypto can be.

[Sign up for Kraken](https://www.bankless.com/sponsor/kraken-1682978636?ref=opensea-bounce&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
    Chase CEO Goes After Crypto
  
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/12/Frame-50445--36-.png)- **💰 Top banker would kill crypto.** JPMorgan Chase CEO Jamie Dimon told Elizabeth Warren he would ["close down" crypto if he were in the government](https://x.com/BanklessHQ/status/1732473232735809916?s=20).
- **🦁 Bitcoiners battle.** Bitcoin enthusiasts continue to battle over Ordinals inscriptions clogging the network. [A core dev wants to eradicate them.](https://x.com/LukeDashjr/status/1732204937466032285?s=20)
- **🔵 Coinbase ships messaging payments.** Users of Coinbase Wallet can now [instantly send USDC via a shareable link](https://x.com/brian_armstrong/status/1732150204034437260?s=20), simplifying crypto payments for end users.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    Searching for Signal
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/12/image--48-.png)](https://www.bankless.com/searching-for-signal)**📊 New crypto utility.** Crypto startup Helium Mobile unveiled an unlimited $20 per month phone plan yesterday. The Helium Network token (HNT), which incentivizes infrastructure providers, is up 40% in anticipation that this may be the network's mainstream moment.

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $1.60T
       

  
    
    0.0
    
  

   
    
    ↗ 12.7%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $43,909
       

  
    
    ↘ 1.1%
    
  

   
    
    ↗ 16.2%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,255
       

  
    
    ↘ 1.3%
    
  

   
    
    ↗ 11.1%
    
  

  

[Unlock Today's Full Market Analysis](https://www.bankless.com/searching-for-signal)

.  .  .

 
  
    

    ANALYSIS

  
  
    
    Can OpenSea Bounce Back?
  
  
  
  
  
   
     
     Bankless Author: 
     
      [
       
       William Peaster
     
    ](https://twitter.com/WPeaster)
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/12/image--47-.png)](https://www.bankless.com/opensea-bounce)OpenSea has had a tougher bear market than most, with ambitious competitors, frustrated creators, and depressed volumes all taking a toll on the kingpin. **Can the marketplace reclaim its pole position?**

**Read our full *free* analysis on our website 👇**

[Get the Full Analysis](https://www.bankless.com/opensea-bounce)
---
---

*This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=read/bitcoin-needs-apps-copy)*