NFT Market Faces Sharp Decline: What Lies Ahead?

NFT Market Decline and Future of Web3

NFT Market Fall: A Short Overview NFT markets developed incredibly rapidly towards the close of 2023. The trend swiftly turned, however. NFT trading volume hit $1.36 billion, based on data by DappRadar. By January, it dropped by 26%. The decline accelerated in February, with another 50% drop. Here’s how the numbers look: Month Trading Volume … Read more

Grok’s self-named memecoin ‘GrokCoin’ reaches $20 million in market cap

Grok’s self-named memecoin ‘GrokCoin’ reaches $20 million in market cap

Elon Musk’s AI chatbot Grok’s self-named GrokCoin has accumulated a market cap of $20 million and a trading volume of $100 million just an hour after its launch. On March 7, an X user asked the social media platform’s built-in AI chatbot Grok what it would name its memecoin. Grok then responded to the query, … Read more

Memecoin market cap surges 5% as prosecutor aims to freeze $110m in LIBRA assets

Memecoin market cap surges 5% as prosecutor aims to freeze $110m in LIBRA assets

The memecoin market saw a 5% boost in overall market cap not long after a prosecutor said he wants to freeze $110 million as part of an investigation into the LIBRA meme coin scandal. On March 6, the overall market cap for memecoins nearly reached $62 million, surging by 5% in the past 24 hours … Read more

Bitcoin Drops Below $85,000 Amid Market Correction

Bitcoin price chart showing dip below $85,000 amid market correction

Despite the drop, a CryptoQuant analyst known as Banker believes this pullback could signal a bullish rebound. The analyst pointed to three key indicators suggesting Bitcoin might recover soon. One of the leading indicators is a decline in Bitcoin’s open interest. Figures show open interest decreased by 14.42% on March 1. This is evidence of … Read more

New Under-the-Radar Layer-1 Altcoin Defies Crypto Market Slump and Surges 37% This Week Amid New Investment

New Under-the-Radar Layer-1 Altcoin Defies Crypto Market Slump and Surges 37% This Week Amid New Investment

An under-the-radar altcoin defied the wider crypto market slump and surged in price this week amid a new strategic investment. Vana (VANA) is a layer-1 network for user-owned data. The project aims to allow users to contribute, tokenize, and share their data to create next-generation artificial intelligence (AI)-focused applications. The project’s native asset, VANA, launched … Read more

AI Data Altcoin Avoids Crypto Market Downtick After Being Added to Coinbase’s Listing Roadmap

AI Data Altcoin Avoids Crypto Market Downtick After Being Added to Coinbase’s Listing Roadmap

An AI data-focused altcoin avoided the crypto market downtick this week after being added to Coinbase’s listing roadmap. Cookie DAO (COOKIE) aims to serve as an index and data layer for AI agents. The project’s native token, COOKIE, is priced at $0.215 at time of writing and is trading roughly even in the past day … Read more

Ken Griffin’s Citadel Crypto Securities Enters Crypto Market in Major Shift

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Ken Griffins, Founder of Citadel Securities, once called cryptocurrency ‘Jihadist’, yet now the long-awaited crypto securities are here. The long-rumored Citadel Crypto venture has arrived, reshaping the crypto landscape in real-time. Ken Griffin, founder of Citadel Securities, once dismissed cryptocurrency as a “jihadist call” against the U.S. dollar. Fast-forward to 2025, and his firm is … Read more

Trader Predicts Relief Rally for Altcoin Market, Says One Layer-1 Crypto Looking To Move Further Up

Trader Predicts Relief Rally for Altcoin Market, Says One Layer-1 Crypto Looking To Move Further Up

An analyst known for calling the November 2021 crypto bull cycle top believes that the altcoin market is about to witness the return of bullish momentum. Pseudonymous analyst Pentoshi tells his 857,000 followers on the social media platform X that he’s keeping a close watch on the OTHERS chart, an altcoin index that tracks the … Read more

Is the Bitcoin Bull Run Over? Altcoin Market Outlook

Is the Bitcoin Bull Run Over? Altcoin Market Outlook

Bitcoin’s Performance in Early 2025 Bitcoin’s rally to $100,000 in 2024 marked the start of a bull market. However, in early 2025, Bitcoin faced its biggest flash crash of the cycle, dropping to $91,231. Since then, it has been trading within a tight range as market sentiment weakens. Macroeconomic drivers, including US policy changes and … Read more

Hyperliquid (HYPE) Among Top Three Best Plays in Crypto Market Right Now, According to Analyst

Hyperliquid (HYPE) Among Top Three Best Plays in Crypto Market Right Now, According to Analyst

A popular analyst thinks that one top-30 altcoin may be among the best-performing digital assets in the near term as the crypto markets chop around. The pseudonymous analyst known as Altcoin Sherpa tells his 242,900 followers on the social media platform X that he is leaning bullish on the utility token of the decentralized open … Read more