Ethereum NFT collections lost nearly 60% of their market cap in 2022: Report
NFTs, like the rest of crypto, felt the influence of bad actors and market manipulators in 2022. Those launched after the start of the crypto winter did better.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
NFTs, like the rest of crypto, felt the influence of bad actors and market manipulators in 2022. Those launched after the start of the crypto winter did better.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Verda report warns LATAM stablecoin liquidity rests on 16 firms
The concentration of stablecoin liquidity among few firms in LATAM poses systemic risks, potentially destabilizing the region's fi...
Ethereum options open interest sits at 23% of futures as traders favor leverage
The preference for leveraged futures over options in Ethereum trading could lead to increased market volatility and potential liqu...
Ethereum is preparing a 200 million gas push as its Layer 1 scaling strategy accelerates
Ethereum validators face a configuration choice next week that could determine how aggressively the network tests its next major s...
Ethereum Price Prediction: Leverage Cools as Spot Demand Drives ETH
Ethereum price is trading at $2,690, up by 1.6% over 24 hours, as derivatives exposure contracts and spot demands turn ETH predict...
Bitcoin ETFs draw $6B in Q3 as BTC price rises nearly 43%
The surge in Bitcoin ETF inflows and price highlights growing investor confidence, but future stability hinges on regulatory and m...
XRP Price Prediction: Ripple Targets 4 Straight Green Months in October
XRP price prediction is slightly bullish as it enters October at $1.50, and traders weigh whether September’s advance can extend t...