Some of the most sought-after nonfungible tokens (NFTs) of 2022 have taken a massive hit in value over the past year. The trend mirrors the depreciating value of metaverse properties in 2023, which were considered top virtual lands for investment in 2022. #nfts
Popular NFT collections take massive hit in price in 2023 Investments in top NFT projects, such as Doodles, Invisible Friends, Moonbirds and Goblintown, have lost up to 95% of their value in ETH. #nfts
The leading meme coin network, Dogecoin, has been leaving behind network giants like Bitcoin and Ethereum in the race for daily transaction settlements #dogecoin
market uncertainty has risen, as the RSI neared a ceiling of its own at the 49.00 mark. Price strength is now tracking at 48.75, and should it break out of this point, then there could be further highs from ETH this weekend. #ETH
similar to the BRC20 token economy, the Bitcoin Stamps concept has provided users with the ability to mint fungible tokens with a standard called SRC20. #BTC
With nearly nine million Ordinal inscriptions, the trend that followed, called Bitcoin Stamps, is nearing a milestone of nearly 50,000 stamps recorded on the Bitcoin blockchain. #BTC
BTC futures contracts in healthy markets should trade at a 5% to 10% annualized premium — a situation known as contango, which is not unique to crypto markets. #BTC
The bears have successfully defended the 20-day EMA ($27,414), but they have not been able to sink the price to the crucial support at $25,250. This suggests that the bulls are buying on minor dips. #BTC