Art NFTs became a hot topic in the Web3 industry during 2021 and 2022, experiencing a surge in popularity. That year, trading volumes peaked at $2.9 billion, fueled by record-breaking sales such as Beeple’s Everydays for $69.3 million. Fast forward to Q1 2025, and the market has nearly collapsed, with trading volume down 93% to...Read More
The dynamics of the crypto industry have changed over the last year, and this has affected several assets, including the top projects. Evaluating the market capitalization evolution of top cryptocurrencies since November 2024 shows that some assets have been seeing steady positive growth while others have mostly struggled. The market analytics platform CryptoQuant selected the...Read More
Bitcoin is about to close the monthly trade on a bearish note, which may hinder the progress of the rally. The technicals have turned bearish, while the trading activity has also dropped significantly, substantiating the bearish claim. However, the star token is flashing a major hidden bullish divergence and, hence, is believed to rebound and...Read More
Anthony Scaramucci, American financier and founder of the alternative investment firm SkyBridge Capital, has slammed the New York State Attorney General’s (NYAG) office for coming after Galaxy Digital, a blockchain financial services company owned by his friend, Mike Novogratz. In a Friday tweet, Scaramucci insisted that the NYAG’s lawsuit against Galaxy Digital is a misuse...Read More
In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote: “Two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets, an amount they could easily afford to lose.” But he’s noticed a big change over the...Read More
Bitcoin (BTC) is facing increasing pressure as key support levels are breaking, raising concerns about the end of its recent upward trend. The world’s leading cryptocurrency is struggling to hold its gains, with technical indicators pointing toward a shift toward bearish territory. Key Support Levels at Risk On the daily chart, Bitcoin has dropped below...Read More
Ether’s (ETH) underperformance as an asset has continued to spark criticism and speculation in the crypto community, with many expressing their displeasure at the Ethereum network’s current trajectory. Quinn Thompson, founder of the discretionary macro hedge fund Lekker Capital, insists that ETH is now completely dead as an investment. While some analysts and market participants...Read More
