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FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda 

FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX’s and Alameda Research’s cache. However, the disclosure to unsecured creditors does not mention the extremely large […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’

Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior

Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month PriorWhile digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have rebounded this week in terms of ethereum value, […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries SinkNon-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021. […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

Cumulative NFT Sales Among 18 Blockchain Networks Surpass  BillionStatistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%. While Ronin commands the second-largest amount of NFT sales, NFTs from the […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’

Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

Digital Collectible Owners Continue to Take Loans out Using NFTs as CollateralWhile non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded nearly $50 million in NFT loans. […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’

Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%

Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours. NFT Floor Values Take a Significant Beating NFT sales have dropped 64.84% lower […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’

Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week

Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last WeekNon-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the previous week. NFT sales on Ethereum were hit the hardest as the blockchain saw a 44.83% loss in NFT sales […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’

$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week

.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last WeekWith the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing $1.71 billion in sales volume among 266,918 traders. 7-Day NFT Sales Volume Jumps 74% to $1.71 Billion, Otherdeed NFT Collection Captures $787 […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’