While Bitcoin, Ethereum and other cryptocurrencies bleed, the NFT industry is blossoming—but it may be worryingThe former leader of cryptocurrency-related investment fund Ark Invest has shared his view of the current conditions of the cryptocurrency and NFT markets that both had been showing opposite results from each other.
According to the analyst, the rapid and unexpected spike of the NFT industry could act as a sign of an incoming long-term bear market as non-fungible tokens represent the illiquid and high-risk type of asset in the analogy with Ethereum-based ICONFT volumes & prices in Jan 2022 have been strong. Many say this shows how everything in crypto may not crash simultaneously again.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto OG Zooko on State of Digital and Financial Privacy in Crypto as Industry EvolvesEarly cypherpunk Zooko Wilcox, CEO of Electronic Coin Company (ECC), the creator of privacy-focused, blockchain-based payments network Zcash, discusses the current state of privacy in crypto. 'Everyone's everything has already been hacked and exploited,' Zooko said. 'At some point, it's going to be easier to buy a new Social Security Number from the dark web than to convince someone to take your real Social Security Number.' Plus, the latest updates to Zcash, thoughts on CBDCs, and more. zooko I’m watching $40-$41k as the next resistance for Bitcoin If we can break this range with confirmation then the 2nd half of the bull market is starting rawkz_t has been very helpful as I have added massively to my holdings through her tips and post, it has been wonderful zooko Missed SHIB or DOGE? Go for Baby Shiba Coin! babyshibacoinio - CEX Listed - DAO Utility Incoming - Creating Quality NFTS - 10 CEX Listings - Big YouTube/Crypto Partnerships - Growing Community zooko Check rare nft TheBinanceNFT 🎨 nft BNB cryptocurrencies
Source: CoinDesk - 🏆 291. / 63 Read more »
4 Things to Do in a Crypto Bear MarketIt’s all too easy to be on the wrong side of a crypto trade when markets turn wildly volatile, but that doesn’t mean you have to sit there and watch your portfolio plummet by the hour. Here’s ollieleeech’s advice for those wondering if they should btd: ollieleeech This is how i survived the dip. ollieleeech BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥BabyShibaCoin 🔥 ollieleeech How 1inch didn't fix this yet
Source: CoinDesk - 🏆 291. / 63 Read more »