Tag: popular

Everything Divided By 7 Million: Popular Bitcoin Price Heuristics Are Missing The Mark

coiner

This is an opinion editorial by Bitcoms, a Bitcoin-focused writer and certified accountant. With mainstream financial management titans such as BlackRock, Fidelity and Vanguard all legitimizing BTC as a financial asset via their interest in offering related products to clients, the “big money” worldwide may well be poised to increase its exposure to bitcoin. These significant investors may not yet see the liberating, world-improving, hard-money aspects of the technology that I see, but they are likely to have an impact on bitcoin as a store of value all the same.…

Read More

Popular NFT collections take massive price hit in 2023

coiner

Some of the most sought-after nonfungible tokens (NFTs) of 2022 have taken a massive hit in value over the past year. The trend mirrors the depreciating value of metaverse properties in 2023, which were considered top virtual lands for investment in 2022. Investments in top NFT projects, including Doodles, Invisible Friends, Moonbirds and Goblintown, have lost up to 95% of their value in Ether (ETH). The value of blue-chip NFT collections alone has fallen down by over 40% on average. The biggest NFTs of 2022 have had a TOUGH 2023.…

Read More