{"id":712656,"date":"2026-02-20T09:20:13","date_gmt":"2026-02-20T06:20:13","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/parsec-shuts-down-amid-ongoing-crypto-market-volatility\/"},"modified":"2026-02-20T09:20:13","modified_gmt":"2026-02-20T06:20:13","slug":"parsec-shuts-down-amid-ongoing-crypto-market-volatility","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/parsec-shuts-down-amid-ongoing-crypto-market-volatility\/","title":{"rendered":"Parsec shuts down amid ongoing crypto market volatility"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjA5NjEtM2E2MC03OTdiLWFiZTAtYzllZjUxMjA1ZDE3.jpg\" alt=\"Parsec shuts down amid ongoing crypto market volatility\" class=\"type:primaryImage\"><\/p>\n<p>Parsec launched in January 2021, just months before Bitcoin almost doubled in price, then reached new all-time highs later in the year.<\/p>\n<p>On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did.<\/p>\n<p>\u201cParsec is shutting down,\u201d the company said in an X post on Thursday, while its CEO, Will Sheehan, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/wilburforce_\/status\/2024521644140617804?s=20\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/wilburforce_\/status\/2024521644140617804?s=20\">said<\/a> the \u201cmarket zigged while we zagged a few too many times.\u201d<\/p>\n<p>Sheehan added that Parsec\u2019s primary focus on decentralized finance and non-fungible tokens (NFTs) fell out of step with where the industry has now headed.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/parsec-defi-nft-analytics-platform-closes-market-volatility?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Parsec launched in January 2021, just months before Bitcoin almost doubled in price, then reached new all-time highs later in the year. On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did. \u201cParsec is shutting down,\u201d the company said in an&#8230;<\/p>\n","protected":false},"author":1,"featured_media":712657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/f=auto,onerror=redirect,w=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-12\/019b0961-3a60-797b-abe0-c9ef51205d17","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-712656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/712656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=712656"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/712656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/712657"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=712656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=712656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=712656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}