Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed
Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.
Coinbase launches its own blockchain in first for a publicly listed company
Coinbase Global announced the public launch of its Ethereum layer-2 blockchain Base on Wednesday.
Bitcoin, Ether rise; Solana leads post-PayPal stablecoin launch rally; several US banks downgraded
Bitcoin rose on Wednesday morning in Asia to trade above US$29,700. Ether also logged gains along with all other top 10 non-stablecoin cryptocurrencies.
Bitcoin, Ether flat; Solana leads winners
Bitcoin traded flat on Monday morning in Asia to stay just above US$29,000 as the token’s volatility rating hit a record low. The NFT market recorded losses while, in the U.S., equities traders await more earnings reports.
Coinbase launches bridge for layer-2 blockchain Base, sets mainet launch date
Coinbase launched a bridge for its Ethereum layer-2 blockchain “Base,” on Thursday and set Base’s mainet launch for Aug. 9.
Bitcoin, Ether steady; Coinbase bullish; traders await US jobs report
Bitcoin and Ether remained stable Friday morning in Asia as Litecoin led losers among other top 10 cryptos. Coinbase execs bullish after upbeat Q2 results.
Is Worldcoin’s free crypto more than just a freebie?
Concerns arise over Worldcoin’s free crypto. NFT market does a crabwalk. Japan’s next big thing for the metaverse.
Sky Mavis and CyberKongz Plan to Win Together
CyberKongz plans a shift to the Ronin blockchain alongside Axie Infinity as Sky Mavis gears up for its first PFP collection and third-party NFT mint.
Bitcoin, Ether fall along with most top 10 cryptos, except Dogecoin
Bitcoin will have to remain above US$29,500 to prevent further bearish momentum, industry experts told Forkast.
Bitcoin reclaims US$30,000, Ether gains, Cardano leads winners as top 10 crypto rise
Bitcoin rose on Monday morning in Asia to reclaim the US$30,000 support level. Ether moved higher, while most other top 10 non-stablecoin tokens also gained.
Bitcoin price falls, heads for weekly loss; Ether flat, Matic leads gainers, Solana the losers
Bitcoin fell on Friday morning in Asia as other top 10 cryptocurrencies traded mixed. Bitcoin again slipped below support at US$30,000.
NFTs, Where did the buyers go?
Despite ample Ethereum holdings, traders appear less willing to invest in NFTs. Ethereum wallet growth data in 2023 suggests low NFT sales, while Ether used for NFT sales has dropped to 2021 levels.
Bitcoin, Ether, top 10 cryptos fall; SEC accepts Valkyrie’s spot Bitcoin ETF for review
Bitcoin and Ether both fell below key price levels earlier but returned above as investors remained optimistic after the U.S. Securities and Exchange Commission (SEC) accepted the second Bitcoin exchange-traded fund (ETF) application for review, from asset manager Valkyrie.
Bitcoin dips but recovers back above US$30,000; Ether, most other top 10 crypto lose ground
Bitcoin dipped under US$30,000 in early Asia trade before recovering. Ether and other top 10 cryptocurrencies fell, while NFT trading slumped.
Standard Chartered’s great expectations for Bitcoin in 2024
Top blockchain and crypto news: Standard Chartered eyes US$120,000 per Bitcoin | Another week of declines in NFT market | Sega and Line team up.
Bitcoin inches up, holds above US$30,500; all other top 10 cryptos mixed
Bitcoin trade volumes dropped in the last 24 hours but the token is holding steady above US$30,500. Binance’s BNB token posted the biggest gain while most other top 10 cryptocurrencies traded mixed.
NFT recovery or new bottom discovery?
Blur has been adding demand for specific collections by incentivizing floor NFT trading, which may have mitigated aggressive price undercutting for liquidty.
Bitcoin, Ether, all other top 10 cryptocurrencies fall; Litecoin leads losers with Cardano
Bitcoin, Ether fell along with all top 10 cryptocurrencies. Litecoin and Cardano led the losers. The Forkast 500 NFT index rose, but NFT mood is pessimistic.
Hong Kong launches task force to promote blockchain initiatives, developments
Hong Kong’s local government on Friday set up the Task Force on Promoting Web3 Development to promote the benefits of blockchain to real-world industries.
Generative Art – The Golden Goose of NFTs
Dmitri Cherniak’s generative art NFT, ‘The Goose’, sold for US$5.4 million at Sotheby’s. The sale, a second highest for generative art, signals NFT art’s growing prominence and potential in the Web3 era.
Bitcoin loses ground, but holds above US$30,000; most other top 10 crypto decline
Bitcoin slipped in directionless trading while Ether retreated, but both held gains for the past seven days. Most other top 10 tokens lost ground, led by Solana, while Tron was in the green as markets entered the last trading week of June.
Bitcoin treads water above US$30,000; SEC approves first leveraged Bitcoin futures ETF
Bitcoin held ground above US$30,000 following a week of traditional financial institutions showing interest in financial instruments that include the token. The U.S. regulator approved the first leveraged Bitcoin Futures ETF on Friday.
Bitcoin surges above US$28,000 on institutional adoption; Ether gains; U.S. equity futures down
Bitcoin surged over 5% on Wednesday morning in Asia to breach the US$28,000 resistance level, leading a rally of the top 10 non-stablecoin tokens except XRP.
Ordinals inspire a new type of Ethereum collectible called Ethscriptions
Ethereum developers inspired by Bitcoin’s ordinals launch ‘Ethscriptions’, a new on-chain collectible.
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.
Bitcoin remains above US$25,000; NFT sales down; Asian, European markets gain with U.S. futures mixed
Bitcoin, Ether and most top 10 non-stablecoin cryptos rose in Friday afternoon trading in Asia after weeklong slump.
Bitcoin, Ether most other top crypto bounce back even as Coinbase joins Binance as SEC lawsuit target
Nearly all top 10 tokens rebounded as investors look beyond U.S. regulator’s lawsuits against two of the world’s most influential crypto exchanges.
Apple’s VR/MR Brings the metaverse back into focus
Apple’s Vision Pro VR is the new door to the metaverse. This headset may not be the first, but like CryptoPunks, it’s set to redefine how we see and use NFTs
Return of the NFTs?
NFTs reach new heights as May sees record-breaking transactions, hinting at widespread adoption.
What’s next for crypto miners after US debt ceiling deal?
Top blockchain and crypto news: Miners dodge tax bullet. Blur, Binance heat up NFT lending. Chinese cities’ plans reveal nationwide Web3 ambition.
AI-themed cryptos rise; NFT lenders duke it out; US debt talks continue
Surge of interest in AI chipmaker Nvidia extends to crypto, Binance and Blur vie for top NFT lender spot, while uncertainty abounds over U.S. debt talks.
Animoca Brands says it holds US$3.4 bln in assets
Animoca Brands revealed US$2.7 billion in off-balance sheet token reserves in its latest unaudited financial update.
What JPMorgan’s First Republic takeover means for the crypto industry
Top blockchain and crypto news: JPMorgan swoops as another bank falls. NFT market rivalry heats up. Bitget seeks Hong Kong exchange license.
Bitcoin back above $29,000, Ether gains; Matic leads winners on Polygon tools update
Bitcoin and Ether rose in early Thursday morning trading in Asia, with most other top 10 non-stablecoin cryptocurrencies mixed.
Mad Lads briefly boosts Tensor’s NFT trading volume past Magic Eden
Tensor topped Magic Eden’s sales volume on Wednesday afternoon in Hong Kong, giving it a brief stint as Solana’s top NFT marketplace.
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.
Bittrex in SEC’s crosshairs as compliance lawsuits keep coming
Top blockchain and crypto news: Bittrex in SEC line of fire. Bored Apes fall after whale sale. Chinese banks court crypto clients.
Trump’s Series 2 sells out, tops daily NFT sales chart
Former U.S. President Donald Trump’s second set of NFTs sold out within the first 24 hours since launch, according to the project’s website.
Trump announces more NFTs but the first collection’s price tanks
Former U.S. President Donald Trump has announced a second drop of his NFT trading cards, but the first collection’s price is sinking.
Bitcoin resumes rise, Ether gains ahead of upgrade, Dogecoin makes up some lost ground
Bitcoin resumed its rise above US$28,000 in Monday morning trading in Asia, a support level it has fluctuated around for most of April.
Bitcoin, Ether dip; Dogecoin loses Twitter tailwind; U.S. equities drop on recession concerns
Bitcoin dipped below US$28,000 in Thursday morning trading in Asia as most other top 10 non-stablecoin cryptocurrencies lost steam. Dogecoin led the losers.
The NFT sector is just getting started. Here’s what lies ahead
What began as novel collectibles and rampant speculation is maturing into real-world utility across a multitude of industries, writes Tom Chalmers of Banxa.
Solana NFT sales surge as traders farm for Tensor rewards
The Forkast SOL NFT Composite dropped 6.13% over the past week while sales increased. Industry expert suspects casino-like behavior of traders moving funds to new projects.
Most of NFT industry working on recycled liquidity, says Forkast Labs’ co-founder
NFT sales and market capitalization show rising investor activities, but recycled liquidity and wash trading may tell a different story, Forkast Labs co-CEO says.
Bitcoin, Ether fall amid interest rate hike fears, Silvergate liquidation; Forkast NFT 500 index slips 0.79%
Bitcoin and Ether fell in evening trading in Asia Thursday, with XRP the sole gainer in 24 hours among the top 10 non-stablecoin cryptocurrencies by market cap.
Forkast 500 NFT index dips, Vitalik-linked NFT token gains momentum
The Forkast 500 NFT Index dipped 1.25% to 4,235.97 in the 24 hours through 10:00 a.m. in Hong Kong on Thursday.
Bitcoin, Ether fall amid U.S. Fed chair warning of more interest rate hikes; Forkast NFT 500 index slips 0.65%
Bitcoin and Ether fell in afternoon trading in Asia on Wednesday, with XRP the sole gainer among the top 10 non-stablecoin cryptocurrencies by market cap.
Forkast 500 NFT index slips, BAYC NFTs leads in sales volume
The Forkast NFT 500 Index slipped 0.68% to 4,276.12 in the 24 hours through 4:45 p.m. in Hong Kong on Wednesday.
Forkast 500 NFT index edges up, Animoca Brands’ NFT collection leads in sales
The Forkast NFT 500 Index inched up 0.07% to 4,278.68 in the 24 hours through 9 a.m. in Hong Kong on Wednesday.
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.
Weekly NFT sales drop, unique buyers surge amid Coinbase’s new NFT airdrop
The number of unique buyers rose to an all-time high this week after crypto exchange Coinbase dropped free NFTs to celebrate the launch of its new Layer 2 network Base.
Blur NFT wash trading soars, fueling market distortions
Top blockchain and crypto news: Blur wash trading explodes. Coinbase extends developer foray with Base test. Hong Kong crypto embrace gets Beijing’s nod.
Crypto is experiencing growing pains. What’s coming next?
Now a teenager, crypto is wrestling with its identity and purpose. But it’s learning from its mistakes and on its way to maturity, writes Zach Bronstein of Endaoment.
At least US$577 million of Blur-linked NFT sales are wash trades, CryptoSlam says
NFT data aggregator Cryptoslam has flagged more than half a billion dollars worth of NFT wash trades related to Blur since the marketplace’s Valentines airdrops started
Weekly NFT sales surge amid marketplace Blur’s new round of token airdrop
NFT sales more than doubled this week, with NFT marketplace Blur remaining the talk of the town.
Why crypto offers great career opportunities for talented women
The blockchain sector’s gender divide is narrowing. Its newness and founding ideals also allow for more flexible workplaces, writes Anastasia Kor of Choise.com.
Creepz NFT sales surge 239% following Spotify partnership news
The sales volume of Creepz by Overlord surged by 239% in the 24 hours to 11:00 p.m. on Thursday in Hong Kong, after its creator announced a partnership with music streaming giant Spotify.
Weekly NFT sales spike after Blur’s Valentines airdrop
Blur.io, the NFT marketplace that beat OpenSea’s trading volume in the past month, airdropped its platform tokens on Valentine’s Day, contributing to the global NFT sales increase this week.
Blockchain developers have taken a decentralized interest in cloud storage – will it shake up the industry?
Blockchain developers want a piece of the multi-billion dollar cloud computing pie. Do current heavyweights in the industry – Amazon, Google and Microsoft – have cause for concern?
Markets: Bitcoin and Ether down, Polkadot biggest winner among top 10 cryptos
Bitcoin and Ether fell during Asian trading hours on Friday, along with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Polkadot’s DOT posting the biggest gains.
China NFT platforms expand into Hong Kong in face of compliance risks on mainland
Hong Kong’s new digital asset-friendly policies could set the city up as the home for secondary NFT marketplaces from China as trading of ‘digital collectibles’ remains a gray area on the mainland.
S. Korean court says NFT game items are speculative, adds on to P2E ban
A South Korean court ruled against the release of a blockchain P2E game last Friday after determining that in-game NFTs promote speculation.
NFT December sales surge to highest since June amid ‘tax-loss harvesting’
Slump in prices of some non-fungible tokens and other digital assets allows U.S. holders to take advantage of a loophole to reduce capital gains taxes.
A series of events: Crypto’s 2022 timeline
Cryptocurrencies had a turbulent 2022 to say the least. Blockchain technology made progress but that failed to offset the multiple bankruptcies and hacks that plagued the industry through the year.
A year to remember, a year to forget: Crypto highs and lows of 2022
From Terra and FTX crises to Ethereum’s triumphant Merge and China’s inventive NFT industry, Forkast reviews a rollercoaster year and its consequences.
Top Solana NFT projects find new homes on Ethereum, Polygon
Top Solana-based NFT projects DeGods and Y00ts are moving away from the network, both projects announced on Twitter on Monday.
Blockchain gets religion? Taiwan temple mints NFTs of local sea goddess
A centuries old Taiwan temple dedicated to a popular goddess has latched onto non-fungible tokens or NFTs as a means for worshippers to get access to pilgrimages and other events.
Trader loses 70 ETH over bug in NFT marketplace Blur
A bug in the new bidding system of non-fungible token (NFT) marketplace Blur caused a user to lose 70 ETH by accidentally overbidding on an Art Gobbler NFT.
NFT sales rise for first time in 7 months in November despite crypto price slump
NFT investors seemingly see opportunities in a month full of surprises and headwinds for the broader cryptocurrency market.
Grayscale holdings questioned amid crypto investment giant’s silence
Top blockchain and crypto news: Grayscale’s cryptic reserves. Binance rides to the rescue? China hit by protests and digital dissent.
China activists use NFTs, decentralized technology to counter censorship
Many are minting NFTs and posting articles on Matters, a decentralized content-sharing platform, amid protests across China against Covid-19 lockdowns that turned political.
Markets: Bitcoin, Ether gain as China eases Covid rules amid protests; Dogecoin jumps
Bitcoin and Ether both rose in Wednesday morning trading in Asia, with all other non-stablecoin top 10 cryptocurrencies also gaining ground as China on Tuesday said it will relax some Covid rules in response to protests.