Market Analysis
Alibaba’s home province of Zhejiang sets up metaverse industrial association
China’s Zhejiang province, the home province of e-commerce giant Alibaba Group,has established a metaverse industrial association.
Tom Zuo
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Market Analysis
Archived coverage · Forkast crypto archive
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Market Analysis
Weekly Market Wrap: Crypto lawsuits, Hinman and a rare rate hike pause
Bitcoin dipped below US$25,000 for the first time in three months, as the SEC’s lawsuits continued to erode crypto investor appetite. Bitcoin needs to hold above US$24,000 to avoid more bearish momentum, industry experts told Forkast.
Zoltan Vardai
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Market Analysis
Hong Kong Web3 industry forms new associations to push crypto hub ambition
Leaders in Hong Kong’s Web3 industry announced the formation of two new associations, Hong Kong Licensed Virtual Assets Association (HKLVAA) and Web3 Harbour, on Monday.
Pradipta Mukherjee
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Market Analysis
In battle to be Asia’s crypto hub, which city will emerge victorious?
Top blockchain and crypto news: Asia’s crypto hub race. Is US debt ceiling fight a boon or a bane for crypto? China's red carpet for metaverse investment.
Forkast.News
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Market Analysis
Only 4% of South Koreans use metaverses, survey reveals
Only 4.2% of South Korean citizens have said that they regularly use metaverse services, a recent survey results show.
Danny Park
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Market Analysis
Hong Kong? Singapore? Tokyo? Seoul? Dubai? The race is on for the Web3 hub of Asia | Part 1
As U.S. regulators file lawsuits against cryptocurrency platforms, prompting some digital asset companies to seek more favorable jurisdictions, a fleet of cities in Asia are putting out the welcome mat, seeking to attract the jobs and investment that Web3 technologies promise. Right now, Hong Kong seems to be grabbing the limelight, but it has competition.
Pradipta Mukherjee
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Market Analysis
Weekly Market Wrap: Bitcoin dips to US$26,166 as memecoins flood the blockchain
Bitcoin briefly fell to US$26,166 this week, as BRC-20 memecoins flooded the blockchain, raising network congestion issues. Market analysts told Forkast that a weekly close under US$26,111 signals more bearish momentum
Zoltan Vardai
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Market Analysis
NFTs: Bear Market or Burst Bubble?
The culture of collecting unique digital assets may be here to stay, but data suggests that NFT prices may continue to fall.
Yehudah Petscher
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Market Analysis
Walt Disney reportedly scraps metaverse plans
Entertainment conglomerate Walt Disney Co. has reportedly scrapped its metaverse plans as part of its decision to lay off 7,000 employees and reduce US$5.5 billion in expenses.
Pradipta Mukherjee
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Market Analysis
The digital economy needs a better BS detector — so we are building it through data transparency
Blockchain data is public for all to see. The irony is that few know what to look for, and why. A new set of indexes by Forkast Labs filters out the noise and offers data intelligence and clarity.
Forkast Labs
