Nike Enters Web3, Metaverse, And NFT Aims To Offer Virtual Products

Nike, one of the largest sportswear brands in the entire world is the latest mainstream company to enter the crypto-verse. The sportswear giant has decided to enter the space with style and has already caught the attention of many. Nike Launches .SWOOSH The officials at Nike have made a major announcement confirming that they have…

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Investments Keep Rising In Blockchain Gaming Industry, $500,000,000 Invested Between Oct. And Nov.

From the year 2021, the blockchain gaming sector has witnessed a great adoption level. The industry has continued growing larger over the past couple of years and things are only getting better. The sector has recorded huge gains in the past couple of years but investments have increased in the sector in the past couple…

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Hashrate For Bitcoin Keeps Sliding Causing Problems For Bitcoin Miners

In November 2022, the first week was full of surprises and major upsets for the entire cryptocurrency industry. It wasn’t just the major cryptocurrencies but every altcoin felt the impact of the FTX crash. Since then, the cryptocurrency industry has been struggling to recover. Still, things are not recovering the way the analysts and market…

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Kaspersky Makes An Alarming Prediction About Abuse And Exploitation Surge In Metaverse

Kaspersky, a major cybersecurity giant has recently talked about the worst experiences of the cryptocurrency industry. The experts at the cybersecurity giant have recently shared a report that is very alarming for the entire cryptocurrency industry. Although it concerns the entire crypto market, it is focused specifically on the Metaverse. It is one of the…

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Bitcoin: What BTC’s Bearish Pennant Has for Long-Term Holders

Bitcoin is printing a bearish pennant setup. BTC’s derivatives market’s open interest slumped significantly last week. Bitcoin welcomed this week with selling momentum following its failure to sustain gains realized last week. A new analysis from CyptoQuant shows the leading cryptocurrency can dip further this week. Ghoddusifar, a pseudonym CryptoQuant analyst, stated that BTC is…

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Solana (SOL) Struggles Amid Extended Weakness – $5 Possible?

Solana struggled to reclaim its crucial demand territory of $20, with its price hovering at $13.5. Solana remains weak amid the bears’ regime, and breaking past $20 may not be soon. SOL trades beneath the 50 and 200 EMAs (Exponential Moving Averages) amid extended weakness. Solana’s price remains beneath the $20 value area following rejections…

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Solana (SOL) NFT Protocol Metaplex Declares Layoffs Following FTX Fall

Metaplex’s Chief Executive Offices and Co-founder Stephen Hess declared moves to lay off multiple individuals following the FTX collapse. Metaplex is a Solana non-fungible token (NFT) protocol. The CEO added that the platform has to let employees go, though the FTX debacle didn’t directly affect its treasury. However, it’s noteworthy that the protocol hasn’t specified…

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Ethereum (ETH): What You Need to Know Before Placing that Bullish Call

Leading ETH whales accumulate in a way that might see the alt’s price correcting. The presumption remained valid as the DAA divergence shows Ethereum was far from undervalued conditions. The latest market turbulence saw cryptocurrency prices recording downturns, and Ethereum wasn’t an exemption. Nevertheless, market participants that could have anticipated some relief might have endured…

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Presale Reviews: Flasko (FLASK), Big Eyes (BIG), & Orbeon Protocol (ORBN)

Big Eyes dominated the crypto space as a cat-inspired coin. Flasko allows individuals to invest in high-end alcohol through NFTs. Orbeon Protocols offers a new way to invest in startups. Big Eyes – a Cat-Inspired Token Big Eyes is a new cat-inspired meme coin in the crypto space. Though not the first meme coin in…

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How FTX Crisis Has Impacted the NFT Ecosystem – Details

The NFT market has seen faded interest since the news about FTX’s potential collapse emerged. NFTs have seen market caps, transaction counts, and sales volume declines within the past four days. The NFT market suffered as the broad market endured the effects of FTX’s potential collapse. The non-fungible token market has seen declines in sales…

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Axie Infinity (AXS) Falls Beneath Support Area; Staring at 50% Drop

AXS hit its ATH at $166.09 on 6 November last year. Its price hovers below $10 at the moment. Axie Infinity is yet to recover from the March 2022 Ronin bridge hack. Axie Infinity is an ERC20 utility coin that also serves as a governance coin. Meanwhile, the alternative token has dropped beneath the $9.50…

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