The NFT ecosystem, like much of crypto, has been a wild ride, characterized by meteoric surges and painful retracements. In recent months, NFT sales have taken a significant downturn, leading many to question whether this budding digital asset class can stand the test of time. Token ATH! is all set...
The NFT market is feeling the chill. Sales have tanked, and buyers are vanishing quicker than free pizza on a tech conference. Even the formerly impervious CryptoPunks are starting to sweat. The knee-jerk reaction? Regulate it! Just put a few rules around it, send up a warning sign to the...
So, the NFT market is wobbling. With sales down across the board, buyers and sellers alike fleeing the market and the whole enterprise kind of feeling like it’s…a little too inflated. Instead, we’re getting headlines about a 4.38% decline in sales volume, a close to 78% plunge in buyers. If...
The non-fungible token (NFT) marketplace is wildly dynamic, with declines and increases on various blockchains and collections. Overall sales volume crept down slightly. On the positive side, platforms such as Ethereum and Polygon experienced remarkable performance as the market exhibited an ever-growing dynamic and resilient nature. The week of July...
It wasn’t long ago that the NFT market was the Wild West of the digital ownership frontier. It has come down dramatically from its high water mark of 2021. Perhaps the most dramatic testament to this transformation was the recent $7.6 million sale of CryptoPunk #3100, one of the rarest...
Thus, CryptoPunk #3100 was flipped for a $10 million loss. Instead of thinking through this development, headlines scream “NFT crash!” “The end is nigh!” Let's pump the brakes. This isn’t a eulogy for NFTs, but rather a long-overdue, free market smack upside the head. Think of it like this: remember...
Alright, now let’s break down this CryptoPunk #3100 sale. $10 million gone. Vanished. Poof. It would be easy to blow it off as business as usual in the wild west of crypto. It does indeed seem like an early warning canary in a coal mine. A very expensive, pixelated canary....
Let's be blunt: the recent NFT market downturn, punctuated by stories like the $10 million loss on that Alien CryptoPunk, isn't a market failure. As far as we’re concerned, this is a wake-up call. It’s a blaring siren for anyone looking to get rich quick by randomly investing in JPEGs....
The news is buzzing: some poor soul just took a $10 million bath on a CryptoPunk. Bought high, sold low, the classic tale. This isn’t only the story of one dude’s tough luck. Behind this symptom is something much more nefarious. It brings attention to a broken scam made to...
OpenSea, the largest decentralized marketplace for non-fungible tokens (NFTs), has announced plans for its own token, SEA, alongside significant updates to its platform. The move comes as the platform introduces a new points system centered on user activity, loyalty, and past contributions, aiming to enhance user engagement and reward its...
Bitcoin’s dominance — its share of the total cryptocurrency market cap — is one of the most important technical indicators that so-called “smart money” investors follow. Bitcoin dominance (BTC.D) is the ratio of Bitcoin’s market cap compared to the total market cap of all cryptocurrencies. An increased Bitcoin dominance indicates...
The crypto world is at a crossroads. You’re hearing it from everyone, especially those with old school interests, that Bitcoin dominance is not just going to happen, but that it should be that way. That all altcoins are just “shitcoins” that will eventually disappear. They preach a gospel of digital...
You’ve probably fallen victim to the sexy siren song of the altcoin. They promise high, often unimaginable returns and advertise themselves as the new innovation that will dethrone Bitcoin. Are these just pie in the cybersky? I’m here to explain to you why, for the overwhelming majority of you, they’re...
BTC Dominance Bitcoin’s dominance (BTC.D) continues its bullish run, suggesting a market imbalance in favor of Bitcoin over other crypto competitors. Bitcoin’s dominance of the overall crypto market has gone through the roof. Now it’s getting closer to that truly awe inspiring 75% threshold, a percentage we haven’t achieved in...
XRP is one digital asset that’s gotten the attention of many investors, experienced and inexperienced. It has taken its hits in the crypto world. After a recent 30% decrease, XRP investors are looking for the catalyst that will allow the asset to dance towards the $1.00 mark and beyond. Hiroshi...
Ouch. That 30% plunge since January really hurts the most right now, am I right? Particularly for all of us who invested in XRP expecting a quick moonshot. Why did that 63% chance of reaching an all-time high in 2025 nosedive to just 39%? Yeah, that's a gut punch. We're...
It's been a wild ride, hasn't it? The last four-plus months have passed like a whirlwind. With legs-shaking ascents and gut-twisting descents, a new generation is starting to wonder whether the heyday is over. Since the start of this year, prices have dropped 30%. Now, they stand at about $2.31,...
This is the test. Is Bitcoin truly the people’s currency, or simply a virtual playground for the already wealthy? As analysts whisper about a potentially sluggish Q3 for Bitcoin, with retail investors salivating for a new all-time high that may never materialize this summer, a more uncomfortable truth is bubbling...