Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023

Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai has seen its native token FET rise 212% in the past 30 […]

Go to Source

Powered by WPeMatico

Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume 

Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five NFT collections, in terms of all-time sales volume, have […]

Go to Source

Powered by WPeMatico

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit

Litecoin's Hashrate Reaches All-Time High, Difficulty Follows SuitThe blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following day. Litecoin’s Computational Power Climbs 38% in 30 Days A significant amount of hashrate […]

Go to Source

Powered by WPeMatico

Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months

Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 MonthsBack in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down more than 81% since that day and […]

Go to Source

Powered by WPeMatico

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries SinkNon-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021. […]

Go to Source

Powered by WPeMatico

Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist

For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the “extreme fear” position with a ranking score of 16 out of 100. Crypto Fear and Greed Index Remains in […]

Go to Source

Powered by WPeMatico

Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%

Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token (NFT) sales are down 17.32% lower than last week. Data also shows NFT floor values have tumbled a great deal during the past month as some of the most popular NFTs are selling for a lot […]

Go to Source

Powered by WPeMatico