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The NFT market is growing at a significant rate. The estimates claim it crossed the mark of US$40 billion in 2021. Amidst this exploding popularity of NFTs and multi-million dollar sales events, the investment bank Jefferies raised its NFT market capitalization forecast to more than US$80 billion for 2025. The impact of the NFT technology

Bitcoin extended decline below the $40,000 support against the US Dollar. BTC is correcting losses, but it might face resistance near the $39,500 zone. Bitcoin extended decline below the $40,000 and $39,500 support levels. The price is trading below $40,000 and the 100 hourly simple moving average. There is a key bearish trend line forming …

TA: Bitcoin Breaks $40K, Why Recovery Could Face Hurdles Read More »

Global Investment bank JPMorgan says, “The metaverse will likely infiltrate every sector in some way in the coming years, with the market opportunity estimated at over $1 trillion in yearly revenues.” The firm has set up a lounge in Decentraland. JPMorgan on the Metaverse Global Investment bank JPMorgan recently published a report titled “Opportunities in

The third-richest billionaire in Mexico, Ricardo Salinas Pliego, advises to buy bitcoin, keep buying while the price is still low, and hold the crypto without thinking of selling. “Trust me, you’re going to thank me later,” he affirmed. Billionaire Ricardo Salinas Pliego’s Bitcoin Advice Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some advice Saturday about

Sports action in crypto is fresh off the heels of a dynamic Super Bowl weekend last week, but things aren’t slowing down one bit. Red Bull Racing has secured another massive deal, there’s a new DAO on the market that wants to purchase a major league team, and the NFL is making a lobbying push

U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy to regulate crypto assets. Executive Order on Crypto Expected This Week U.S. President Joe Biden is expected to issue an executive order on

This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time sales. The Sky Mavis Crafted Blockchain Game Axie Infinity Records More Than

Bitcoin price decline to lows of $10,000 by next year amid Federal Reserve monetary…
The post 3 macro factors could push Bitcoin to $10,000 by 2023, says Stifel strategist appeared first on Coin Journal.

While blockchain virtual worlds have seen significant demand during the last few months, an “interoperable pixel metaverse” project called Webbland has seen weekly NFT sales spike by 126.24%. The project recorded over $3.6 million in sales over the last seven days, and two Webbland penthouses made it into the top 15 most expensive NFT sales

Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet by leveraging a phishing scheme. Attacker Reportedly Returns Some Stolen NFTs