markettrends

Is This CryptoPunks Sale a Funeral or a Fresh Start?

Is This CryptoPunks Sale a Funeral or a Fresh Start?

The NFT market’s grifting moonshot is something we don’t need to discuss in detail here. CryptoPunks, which only a year ago were the darlings of the digital art world, being sold off to a non-profit? It screams "decline," doesn't it? What if we’re approaching this the wrong way entirely? What...

NFT Royalties Are Dying? The Data Says Yes, But Here's the Fix

NFT Royalties Are Dying? The Data Says Yes, But Here's the Fix

The NFT market is a complete wild west and at the moment, creators are being held up at gunpoint in the street. The latest data paints a bleak picture: NFT royalty enforcement is collapsing. We’re not talking a modest decline, we’re talking a collapse, a dramatic freefall even. It’s not...

Metaplex's NFT Numbers Don't Lie: This is a Temporary Dip

Metaplex's NFT Numbers Don't Lie: This is a Temporary Dip

NFT mints are down! Metaplex is cooling off! But hold on a minute there, partner. Nobody likes to rain on everybody’s favorite panic, but I’m here to tell you those Chicken Littles are full of hot air. Dead wrong.Look, I get it. Nobody likes seeing numbers dip. This Q1 2025...

Ethereum's Evolution Thrives in Korea Despite Market Adjustments

Ethereum's Evolution Thrives in Korea Despite Market Adjustments

Since 2016, Korean users have become more and more engaged in Ethereum transactions. This reiterated trend points to the growing role of onchain spaces in Korea’s crypto ecosystem, going beyond centralized exchanges. A new analysis of nearly 60,000 Korean user wallets on Ethereum’s booming ecosystem sheds key light on this...

Nike's NFT Nightmare A Warning Shot for Investors?

Nike's NFT Nightmare A Warning Shot for Investors?

Nike, a titan of industry, stumbled. Hard. Their RTFKT NFT initiative, hailed a few months ago as a bold new step into the metaverse. Now, Tether is defending itself against a major class-action lawsuit for allegedly listing unregistered securities. You might be thinking, "So what? Another NFT project bites the...

Nike Faces Legal Challenges Over RTFKT NFTs as Market Cools

Nike Faces Legal Challenges Over RTFKT NFTs as Market Cools

Nike is now on the defense in a class-action lawsuit brought against it by the owners of RTFKT NFTs, accusing it of making empty promises. This ongoing legal battle highlights the challenges that brands face in the often chaotic NFT landscape. After a brief and massive boom, this highly speculative...

NFT Royalties Are Dying? OpenSea's $3.2B Bet Misses This Key Trend

NFT Royalties Are Dying? OpenSea's $3.2B Bet Misses This Key Trend

Even OpenSea’s CEO, Devin Finzer, is betting big on the NFT “comeback.” In fact, $3.2 billion big—the peak weekly trading volume. In doing so, he makes it sound all rosy and optimistic regarding digital ownership. I think a storm is brewing, powered by the slow and painful demise of NFT...

NFT Communities Thrive Amidst Market Fluctuations, OpenSea CEO Highlights Potential

NFT Communities Thrive Amidst Market Fluctuations, OpenSea CEO Highlights Potential

NFTs—digital assets based on blockchain technology that represent ownership of unique items— peaked in trade volume at more than $3.2 billion per week in August 2021. Since then they have nosedived to under $100 million per week. Even through this downturn, enclaves of creators and collectors continue to flourish. They’re...

NFTs Back From The Dead? OpenSea CEO Sees $3.2B Opportunity

NFTs Back From The Dead? OpenSea CEO Sees $3.2B Opportunity

OpenSea, the world’s largest NFT marketplace, rode every twist and turn of the digital asset rollercoaster with deft precision. It flourished in a robust economic climate, but it was severely tested in the challenging market that followed. Speculation is now rampant about a possible OpenSea-led NFT comeback, with OpenSea CEO...

Altcoin Season on the Horizon Signals Potential Crypto Surge

Altcoin Season on the Horizon Signals Potential Crypto Surge

The cryptocurrency market is getting ready for an exhilarating new altcoin season. During such periods, other cryptocurrencies outside of Bitcoin, called altcoins, tend to massively outperform Bitcoin. This transition usually happens after capital moves out of Bitcoin and starts flowing into other cryptos, igniting massive breakouts in many altcoins along...

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