“Dead NFTs: The Evolving Landscape of the NFT Market” is a new report from dappGambl, a community of experts in finance and blockchain technology. Upon analysis of 73,257 NFT collections, the authors found that 69,795 have a market cap of zero Ether (ETH), the second most-popular cryptocurrency behind Bitcoin. In practical terms, that means 95 percent of NFTs wouldn’t fetch a penny today — a spectacular crash for assets that reached a trading volume of $17 billion amid a frenzied bull market in 2021. The study estimates that some 23 million investors own these tokens of no practical use or value.
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The “Dead NFTs” report observes that the nearly 200,000 NFT collections “with no apparent owners or market share” identified by the study caused carbon emissions equivalent to the annual output from 2,048 houses, or 3,531 cars.
The crypto space is vast, and filled with potential and opportunities. As digital finance advances, investors seek the next breakout of altcoin. Whether you’re a seasoned crypto enthusiast or just dipping your toes, understanding the potential of these coins could be extremely important in your investment journey.
NuggetRush (NUGX) is a game-changer in the thriving cryptocurrency space. This isn’t just another meme coin; it’s a pioneering venture into GameFi and play-to-earn. Powered by the Ethereum blockchain, NuggetRush offers an unparalleled play-to-earn experience, allowing players to dive into gold mining adventures.
In the crypto space, InQubeta is a game-changer. It is the first Web3 crowdfunding platform, pioneering a new era of fractionalized investment in AI startups. This revolutionary approach allows investors to dive into the AI sector according to their budget, offering the tantalizing possibility of being an early backer of the next big AI innovation.
ABCN project gives you a spoon feed chance to generate extra income while earning staking rewards just by staking on our network and delegating your assets to our staking pool. We have planned several levels, targets, and incomes with raising ranks that are quite reasonable in every form.
Ace Blockchain Crypto Network is a blockchain platform that is a decentralized digital infrastructure that enables the creation and execution of applications, services, and protocols based on blockchain technology. It serves as a foundation for building and deploying various decentralized applications (DApps) and smart contracts marketplace.
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Art Staff Inc, from Adweek Portfolio (1988)
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O Bitcoin abriu a semana em torno de US$ 28.000 antes de saltar para um novo recorde de dificuldade de mineração BTC em meio às preocupações do investidor bilionário Ray Dalio de que a “Terceira Guerra Mundial” é iminente. Bitcoin (BTC) 143.006 reais começou a nova semana firmemente no espírito do “Uptober”, já que o fechamento semanal foi seguido por um clássico short squeeze.
Os preços do Bitcoin estão mais uma vez experimentando o tipo de oscilações clássicas vistas no início deste mês, com a maior criptomoeda do mercado se aproximando de US$ 28.000 antes da abertura semanal de Wall Street.
Embora ainda dentro de uma faixa de negociação predefinida, o Bitcoin está mantendo os traders atentos, com posições longas e curtas sujeitas a oscilações de preços à vista de curto prazo e a liquidações em mercados de derivativos aumentando.
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The S&P 500 Index (SPX) achieved its highest close of the year last week, and Bitcoin (BTC) also hit a new 52-week high, indicating that risky assets remain strong going into the final few days of the year.
Usually, the first leg of the rally of a new bull market is driven by the leaders, but after a significant move, profit-booking sets in and traders start to look at alternative opportunities. Although Bitcoin has not rolled over, several altcoins have started to move higher, signaling a potential shift in interest.
Bitcoin Price Analysis
Bitcoin has been consolidating in a tight range near the minor resistance at $44,700, indicating that the bulls are not rushing to the exit as they anticipate another leg higher.
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Mel Lindstrom, from American Photography Showcase 12 (1989)
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