Cryptocurrency Analysis and News Portal
Controversial Stock-to-Flow (S2F) model creator PlanB has recently made a bold prediction about Bitcoin (BTC) that’s captured the crypto community’s attention. Via his
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The price of Bitcoin presses on towards the upside and, once again, touched a critical resistance close to $38,000. The cryptocurrency could
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According to world’s largest data aggregator CoinGecko, Bored Ape Yacht Club, an NFT collection with owners such as Justin Bieber and Serena Williams, once again sees an uptrend on floor price. In the Oct. 30 post, the floor price of the collection is now sitting at 30 ETH, a value which
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Bitcoin (BTC) may offer investors a rare chance to buy at a support zone with a “100% long hit rate,” new analysis says.In its latest update piece on Aug. 29, crypto asset manager Capriole Investments told investors to watch for a BTC price dip to $24,000.Capriole founder “very confident” in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The NFT sales have been constantly dropping since early 2022. The floor prices of some of the top NFT collections plunged further over the past week. According to data provided by CoinGecko, over the past week, the
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Losses in the NFT markets have exceed ether’s decline, which is down 9.6% on-month. Source
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In this week’s newsletter, read about Ethereum nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Bitcoin Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a decentralized finance (DeFi) borrower used an NFT representing a physical luxury watch to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The floor price of Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) is down by 90% in roughly 18 months as the NFT scene grapples with bear market conditions that spilled over from 2022. BAYC floor price
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“Rarity traits refer to unique characteristics of an NFT, such as limited edition releases, exclusive features or special attributes,” Oliver Cohen, president of NFT analytics tool Inspect, told CryptoX. “These traits contribute to the perceived scarcity and desirability of an NFT, which can affect its value.” Source
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Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen.Data shared with Cryptox highlights the low point for NFT royalties before the impact of a recent drop in the floor price of Bored Ape Yacht Club
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