Forkast 500 NFT Index
Methodology 
INDEX OVERVIEW
The Forkast Indexes are a family of digital asset indexes designed to measure the market performance of non-currency digital assets trading via smart contracts on various blockchains. The family is composed of a wide range of indexes based on size, blockchain, and sector, and will be publicly launched in stages.
The indexes are weighted by a combination of adjusted market capitalization and adjusted unique traders. The composition of each index is algorithmically driven by the above factors and adjusted sales volume and is rebalanced each day to keep pace with the rapidly evolving market.
LIVE INDEXES
Forkast 500 NFT Index. The flagship index measures the performance of the global NFT market and can include assets on any blockchain. It’s considered to be a proxy of the entire NFT market and includes 500 eligible smart contracts on any given day.
Forkast ETH NFT Composite. The index measures the performance of the Ethereum NFT market and currently includes up to 250 eligible smart contracts on any given day.
Forkast SOL NFT Composite. The index measures the performance of the Solana NFT market and currently includes up to 100 eligible smart contracts on any given day.
Forkast Polygon NFT Composite. The index measures the performance of the Polygon NFT market and currently includes up to 100 eligible smart contracts on any given day.
Forkast Cardano NFT Composite. The index measures the performance of the Cardano NFT market and currently includes up to 100 eligible smart contracts on any given day.
Articles tagged Forkast 500 NFT Index
Bitcoin, Ether remain below key levels, most top 10 cryptos fall
Bitcoin and Ether fell during Tuesday afternoon trading in Hong Kong, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization except Dogecoin.
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, Ether slip below key levels, ETF developments fail to lift investor sentiment
Bitcoin and Ether both remained below key support levels, as investor sentiment failed to pick up even after the Securities and Exchange Commission (SEC) accepted eight spot Bitcoin exchange-traded fund (ETF) applications for review.
XRP triumphs over SEC, but crypto clarity remains in the shadows
Top blockchain and crypto news: Ripple not clear of hurdles | NFTs in historically slow period | Hong Kong banks dither
Bitcoin, Ether inch above key levels; Matic leads gainers
Bitcoin and Ether both recaptured key support levels. Institutional interest remains upbeat following a slew of Bitcoin exchange-traded fund (ETF) applications, industry experts told Forkast.
Bitcoin returns above key level, Ether inches up, XRP leads top 10 cryptos in gains
Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization.
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, Ether slip, top cryptos mixed, XRP biggest gainer after last week’s court win
XRP continued its rally after XRP issuer Ripple’s favorable ruling last week in its lawsuit with the U.S. Securities and Exchange Commission (SEC).
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, Ether fall; all other top 10 cryptos mixed
Bitcoin prices fell below US$30,500 in the past 24 hours while its trading volume has gained over 20%. Ether also fell. Cardano and BNB were the day’s biggest losers.
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 steady above US$30,000, all top 10 cryptos rise on market optimism
Bitcoin breached US$31,000 level in the past 24 hours after falling back to hold above US$30,000. Ether and all other top 10 cryptos gained.
Bitcoin dips but holds above US$30,000, all other top 10 cryptos drop
All top 10 cryptocurrencies, including Bitcoin and Ether, drop over the last 24 hours while investors brace for more interest rate hikes in the U.S.
Bitcoin rises back to US$30,000, Ether remains under US$1,900, top cryptos in the red
Crypto buying subsided as the U.S. regulator made no official comment on Bitcoin exchange-traded fund (ETF) applications and executives quit Binance, the world’s largest crypto exchange.
Cardano ‘ghost chain’ outperforms top blockchains in NFT market
Despite a plunge in unique NFT buyers on Cardano, which earned it the nickname “ghost chain,” data reveals that the blockchain’s NFT market outperformed leading competitors such as Ethereum, Solana, and Polygon in June.
Bitcoin, Ether rise, top cryptos mixed, as investors await SEC response to Bitcoin ETF applications
Bitcoin and Ether rose during Thursday afternoon trading in Hong Kong, while most of the top altcoins were mixed, as investors await the U.S. Securities and Exchange Commission’s (SEC) response to spot Bitcoin ETF applications. See related article: Weekly Market Wrap: Bitcoin breaches US$31,195 following Fidelity’s spot Bitcoin ETF application Bitcoin, Ether rise, top 10 […]
Bitcoin, Ether slip but remain above key price levels while altcoins struggle to find momentum
Bitcoin and Ether fell during Wednesday afternoon trading in Hong Kong but remained above key price levels, while most of the top altcoins were in the red.
Bitcoin, Ether slip but remain above key levels; top 10 cryptos mixed
Bitcoin and Ether fell during Tuesday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.
Bitcoin slips, Ether inches up, top 10 cryptos gain as investors remain upbeat
Bitcoin fell and Ether rose during Monday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization strengthened.
Bitcoin, Ether rise along with all other top 10 cryptos
Cyptocurrency investor sentiment continues to improve with Litecoin posting strong gains as its halving event in August gets closer.
Crypto gets a boost following reports of Fidelity’s imminent Bitcoin spot ETF filing
Top blockchain and crypto news: Fidelity Investment is reportedly close to filing its own Bitcoin ETF. NFT traders seek liquidity. Singapore eyes asset tokenization.
Bitcoin remains above US$30,000, despite hawkish remarks from Powell
Bitcoin and Ether rose during Thursday afternoon trading in Hong Kong, while the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.
Bitcoin dips but holds above US$30,000, all top 10 cryptos drop
Despite a slight dip in crypto prices, positive investor sentiment persists, buoyed by the potential of Bitcoin ETFs, rising institutional adoption, and recovery from regulatory concerns.
Can Azuki’s new Elementals spark the entire NFT market?
Azuki’s Elementals launch may be a turning point for the NFT market, with the continued decline of top projects’ floor prices.
Bitcoin holds above US$30,000, most other top 10 cryptos mixed
Bitcoin slipped 0.04% but remained above US$30,000. Ether fell 0.97% to US$1,875.
Bitcoin slips but remains above US$30,000; Asian, European, U.S. stock futures stay down
Bitcoin prices drop 1.04% to US$30,416 in 24 hours, while Ether fell 0.98% to US$1,893.
Bitcoin slips but remains above US$30,000, amid crypto custodian Prime Trust’s cease order
Bitcoin remained above US$30,000, even as Nevada state regulators in the U.S. ordered crypto custodian Prime Trust to cease operations.
Wall Street-backed crypto exchange a sign of lingering interest despite SEC’s crackdown
Top blockchain and crypto news: Wall Street backs new crypto exchange. NFT traders remain cautious. Alibaba’s incoming chairman is a crypto fan.
Bitcoin slips but remains above US$30,000 as TradFi alumni enter crypto
Bitcoin fell and Ether rose during Thursday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$30,000 earlier today, following news of institutions like BlackRock, Fidelity and Deutsche Bank entering the crypto space.
Bitcoin rises, remains above US$28,000; Ether, top 10 cryptos strengthen
Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$28,000 as signs of institutional crypto adoption bolstered investor sentiment.
Bitcoin inches up, Ether slips; top 10 cryptos mixed
Bitcoin rose and Ether fell during Tuesday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization closed mixed.
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.
How low can NFTs go?
SEC scrutiny sends NFT market into downturn. Traders liquidate or hold off as Forkast 500 NFT Index hits all-time low amidst crypto turbulence.
Bitcoin stays below US$26,000 in mixed market, Binance’s BNB biggest loser in 24 hours
BNB token of crypto exchange Binance dropped 5.5% in 24 hours amid lawsuits against the exchange by the U.S. SEC.
SEC FUD can’t stop the fun in NFTs
NFT Community Resilience: Amid SEC scrutiny, builders thrive with Bitcoin NFTs soaring, Polygon’s mystery unveil, art sales surging, and IP licensing advancements.
Why the US is waging war on Binance, Coinbase
Top blockchain and crypto news: Binance, Coinbase in SEC firing line. Solana NFTs slump as Bitcoin’s surge. New dawn in Hong Kong crypto regulations.
Bitcoin, Ether fall; most top 10 cryptos rise following SEC’s lawsuit against Coinbase
Most top 10 cryptos rebounded, despite the SEC suing Coinbase exchange a day after it sued Binance’s U.S. arm.
Bitcoin dips below US$27,000, Litecoin biggest loser
Bitcoin drops below US$27,000 on Monday amid mixed crypto market. Litecoin, BNB see losses while XRP, Tron, Solana gain.
Bitcoin rises above US$27,000, Litecoin leads gains among top 10 cryptos
Bitcoin gained 1.08% on Friday afternoon and Ether strengthened 1.78%.
Bitcoin, Ether in red, XRP lone gainer in top 10
A downturn impacted Bitcoin and Ether, along with the majority of top 10 non-stablecoin cryptocurrencies in Wednesday’s Hong Kong trading session. XRP remained the sole exception, maintaining its positive performance from the morning.
Most top 10 cryptos up, despite looming fears of US default
Bitcoin and Ether rose during afternoon trading in Asia on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, excluding the Solana and Tron tokens.
Hong Kong Solidifies Crypto Regulations even as Malaysia bears down on Huobi
The launch of Hong Kong’s very own CBDC comes with new regulations for crypto trading platforms operating in the city.
Top 10 cryptos decline, except Matic, as debt ceiling negotiations erode risk appetite
Bitcoin and Ether fell during afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization, excluding Polygon’s Matic token. Most Asian equities declined while most U.S. stock futures strengthened, despite Fitch Ratings placing America’s AAA rating on a negative watch, citing rising concerns that the government could default on its […]
Bitcoin drops below US$27,000, Dogecoin biggest loser
Bitcoin dropped 2.33% to US$26,671. Ether lost 2.15% but traded above US$1,800.
VeeCon: Rekindling the NFT Community’s Fire
VeeCon 2023 NFT conference inspires and strengthens the market with community focus and innovation. Gary Vaynerchuk’s keynote resonates with fans worldwide.
Bitcoin, top 10 cryptos fall except Tron; U.S. futures slightly up; Asian equities rise
Bitcoin traded below US$27,000 in Monday afternoon trade in Asia.
XRP lone gainer among top 10 cryptocurrencies
Bitcoin and Ether fell during afternoon trading in Asia, along all other top 10 non-stablecoin cryptocurrencies by market capitalization, excluding XRP.
XRP gains; Lift-off for Space Pepe NFTs; US investor sentiment up on positive debt talks
Bitcoin and Ether prices fell on Friday morning in Asia. XRP gained after Hong Kong CBDC announcement by issuer Ripple.
Bitcoin, Ether mixed; Polygon leads gainers; Equity futures flat as U.S. debt default worries recede
Bitcoin prices rose on Thursday morning in Asia. Ether edged down, while other top 10 non-stablecoin cryptocurrencies by market capitalization gained.
Bitcoin slips below US$27,000, XRP leads gains in top 10 cryptos
Bitcoin prices dropped below US$27,000 on Wednesday afternoon in Asia, while XRP gained the most after positive news for Ripple Labs on its lawsuit against U.S. Securities and Exchange Commission.
XRP gains as SEC motion denied; NFT index down; US investors anticipate debt ceiling deal
Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies.
Bitcoin history shows first financial transaction was almost an NFT
Internet sleuths unearth the first financial transaction on Bitcoin, showcasing the potential of NFTs.
Bitcoin, Ether fall, Solana leads declines; U.S. stock futures trade flat; Asian equities mixed
Bitcoin fell 0.58% while Ether dropped 0.36%. Solana was the biggest loser of the day, dropping 1.67%.
Bitcoin, Ether gains; Litecoin continues bull run; optimism a solution to US debt crisis can be reached
Bitcoin prices rose along with Ether, while Litecoin continues to lead gainers among other top 10 non-stablecoin cryptocurrencies.
Elon Musk’s NFT rocket launch. What has he done to Milady?
NFTs were ready for takeoff this week and Elon Musk’s tweet blasted it off.
Bitcoin, Ether fall along with most top 10 cryptos; U.S. futures rise ahead of debt ceiling negotiations
Bitcoin and Ether fell during Friday afternoon trading in Asia, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, apart from the XRP token.
Bitcoin, Ether fall along with most cryptos; U.S. futures strengthen as inflation in April slowed
Bitcoin and Ether fell during Thursday afternoon trading in Asia, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Polygon’s Matic leading losses for a second consecutive session.
Bitcoin, Ether prices fall; Asian equities, U.S. stock futures drop ahead of key inflation data
Bitcoin lost 0.43% while Ether dipped 0.60% in 24 hours. Polygon’s Matic token was the biggest loser and dropped 2.16%.
Crypto and NFT Market Update – May 10th
Welcome to The Daily Forkast – May 10th, 2023 – presented by Jeff Cheung for the latest in the crypto markets. Bitcoin has seen a slight increase in its price tag as congestion in the Bitcoin networks eases, dropping transaction fees at the same time. However, the NFT markets are still looking a little gloomy […]
Gamers stand to win big with NFTs, they just don’t know it yet
NFTs are changing in-game item ownership and value, yet the gaming industry remains skeptical. With microtransactions set to exceed $76 billion this year, it’s time for gamers to understand the benefits of NFT technology.
Bitcoin, Ether fall; Polygon, Solana lead losers; Asian equities, U.S. stock futures drop
Bitcoin dropped 1.25% and Ether fell 0.25% in Tuesday afternoon trade in Asia. All other top 10 non-stablecoin cryptocurrencies also dropped.
A tidal wave of wash sales makes up most NFT volume
CryptoSlam introduces new wash trade metrics to help traders and professionals uncover the truth behind NFT sales volumes across major blockchains.
Bitcoin rises, Solana leads losses across top 10 cryptos, U.S. dollar slides amid banking sector concerns
Bitcoin rose while Ether fell in Thursday afternoon trade in Asia, with declines across most of the other top 10 non-stablecoin cryptocurrencies by market capitalization. Solana’s SOL token was the biggest loser of the day.
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.
Trading, talent and tech leveling up in NFTs
NFT prices and trading volume are dropping but this could be an indicator of a maturing market.
Bitcoin, Ethereum gain amid banking woes
Welcome to Market Movers – April 28, 2023 – presented by Megha Chaddah. It’s been a wild week in the world of crypto. From fears of collapsing banks to unsubstantiated rumors crashing the price of Bitcoin briefly, the crypto market has somehow found its footing and recovered by the end of the working week. On […]
Bitcoin, Ether rise amid renewed recession fears after weaker-than-expected U.S. GDP
Bitcoin and Ether rose during Asian trading hours on Friday, while the top 10 non-stablecoin cryptocurrencies by market capitalization closed mixed. The SOL token saw the biggest gain. Asian equity markets strengthened after the Chinese central bank boosted short-term cash injections for the 11th day.
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.
Uncertainty in crypto cycles from Memecoins & NFTs
A new memecoin craze is raising Ethereum transaction fees, but it’s also bringing new liquidity in for non-fungible tokens.
Bitcoin, other cryptos fall as investors book profit
Welcome to The Daily Forkast – April 20, 2023 – presented by Megha Chaddah. Bitcoin is down more than 5% Thursday morning in Asia. Ethereum also fell to lose hold of the US$2,000 price support in a sell-off across all top 10 non-stablecoin tokens. In the multi-chain economy, the Forkast Labs indexes trade mixed.
Politics will be Trojan Horse for NFTs
Former President Donald Trump’s NFT collection’s floor price may be dropping, but media coverage may extend his profits from the digital trading cards.