Bull or bear market, creators are diving headfirst into crypto
NFTs and social tokens are not Bitcoin or Ether, but interaction between celebrities and their fans raises people’s awareness about the space. After an astronomical bull run into the beginning of this year that was followed by an abrupt halt and 50% drop since April, crypto markets are at a fork in the road right now. Where they go next could inform us about how market conditions impact mainstream adoption via artists, creators and celebrities who have been taking a greater interest in the space.To date, the market for nonfungible tokens (NFTs) and social tokens has been anecdotally....
Related News
The confluence of creative minds: What an upgradable NFT is and how it will change our perception of blockchain technology. Artist collaborations are an undeniable cornerstone of modern pop culture. The confluence of creative minds ultimately captured in a single artwork is something that has perpetually aroused audiences, critics and the creative community. Take “The Marilyn Diptych,” by American pop art pioneer Andy Warhol. The iconic art piece is based on a publicity photograph of Marilyn Monroe for the 1953 noir thriller Niagara. Regardless of the actress' undeniable appeal, the photo....
Over the years, Bitcoin has maintained a near-consistent bull cycle pattern, usually starting and ending in a similar number of days. As a result, using the previous cycle pattern has become a popular way to try to predict when the next bull market will start and when the next bear market will begin. One of the patterns that many have followed to try to predict the next bull run is the number of days between each cycle, and one analyst is using it to predict the next move. The 1,065-Day Rule That Predicts The Next Bitcoin Bull Run Crypto analyst @0xbeehive took to the X (formerly Twitter)....
As one of the first NFT-centered open marketplaces on the web, OpenSea has enjoyed a surge in popularity as collectors and speculators alike latch onto the red-hot trading of non-fungible tokens. From a startup that launched nearly 4 years ago at the advent of early-NFTs (i.e. Ethereum-based CryptoKitties), the company has now grown to sell digital assets ranging from digital art, gaming items to even domains. “Creators, musicians, artists, influencers, and gamers are diving headfirst […]
Following up on the weekend look at Bitcoin’s long term price chart, we will look again today at the long term (8 day candle) chart of BTC, per Kraken. Over the weekend we looked at a Bull Setup. As we saw, that setup suggests a bull move that will likely last several more months. But of course, it goes without saying that there are both bulls and bears in the market at pretty much any given moment. I expect that is well understood by everyone reading this article. So, it is not enough to just look at a bull setup as we did in my last article. We want to gauge bear strength also. So let’s....
The co-founder of crypto exchange Huobi has shared his view about the current state of the bitcoin market and when the next bull run will be. “We are now at the early stage of a bear market,” he said, expecting the next bitcoin bull market to be around the end of 2024 or the beginning of 2025.
Huobi’s Executive on the Next Bitcoin Bull Market
Du Jun, co-founder of cryptocurrency exchange Huobi, discussed when the next bitcoin bull market might be in an interview with CNBC, published Sunday.
The exchange executive explained that bitcoin bull....