The NFT landscape. What a wild ride, right? You may recall when the metaverse was all the rage and even the biggest companies, Nike included, were going all in, offering people digital sneakers and VIP access. Now, we are seeing a major pull-back. Headlines shout about lawyers, derelict developments, and...
Let’s face it, the Nike/RTFKT NFT debacle was a perfect storm of stupidity just ready to strike. As the crypto bros weep for their lost “investment,” I’m just sitting here thinking, didn’t everyone learn from Beanie Babies? Let’s be serious – we’re talking about digital shoes that exist exclusively in...
Nike is facing a lawsuit from crypto investors who allege the apparel giant executed a "rug pull" following the abrupt closure of its metaverse project, RTFKT Studios, in December. The plaintiffs are asking for more than $5 million in damages. They point to consumer protection law violations in New York,...
Picture this, when it was the shiny object du jour. Corps stumbling all over each other to put down a neon green flag on the new digital frontier? Nike, after its acquisition of RTFKT Studios, was perfectly positioned to jump in and get ahead of the competition. Today, they’re on...
Nike, the world’s largest consumer brand in sports apparel, recently found itself immersed in litigation in the rapidly growing metaverse/NFT space. These lawsuits don’t just threaten creators’ livelihood; they raise fundamental questions about trademark protection, intellectual property, and the very concept of ownership in a digital world. Token ATH! Token...
Nike, the world’s leading supplier of athletic apparel and footwear is currently in a legal fight. This conflict further plunges us into the much hyped, but little understood world of NFTs. A class-action lawsuit has been filed against the company by disgruntled buyers of non-fungible tokens (NFTs) associated with its...
Nike, the behemoth of the sneaker and athletic wear world, is getting an extreme wake-up call. Their foray into the NFT world, once hailed as innovative, has devolved into a $5 million lawsuit, with disgruntled RTFKT NFT holders claiming foul play. This isn't just about digital sneakers; it's a symptom...
Nike (NKE) is $57.62, but the stock has a big upside projected by analysts. The consensus one-year average price target for Nike is $75.67, suggesting a potential increase of 31.32% from its current level. This forecast is a testament to analysts' faith in Nike’s ability to rebound and perform, even...
Nike's recent decision to pull the plug on its RTFKT NFT unit has sent ripples throughout the digital asset world, and it's not just about a sportswear giant trimming the fat. Forget the niche use cases— we’re discussing the massive, dangerous unintended consequences that would fundamentally change the NFT landscape...
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...