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Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during the past seven days. While Bored Ape Yacht Club’s market valuation … Read more
The chief investment officer of asset management firm Guggenheim, Scott Minerd, says that the current market has delivered “the greatest investing opportunity of a generation.” He also warned about some investments that he expects to decline further. Guggenheim’s Scott Minerd on ‘the Greatest Investing Opportunity of a Generation’ The chief investment officer (CIO) of Guggenheim … Read more
The CEO of Devere Group, a financial advisory and asset management firm, has shared multiple reasons why he is buying the bitcoin dip. “Despite the recent turbulence, I believe that the trajectory of bitcoin and other major cryptos is upwards,” he said. Nigel Green Explains Why He Is Buying More Bitcoin The CEO of financial … Read more
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said: “the greatest fortunes are made when people go against conventional wisdom.” David Rubenstein Bullish on Crypto Billionaire investor David Rubenstein, co-founder of the Carlyle Group, … Read more
Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million, Ethereum-based NFT sales are down 23.65% during the past seven days. … Read more
The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that are speculative.” Jim Cramer Advises Investors to Avoid Crypto The host of CNBC’s Mad Money show, Jim Cramer, … Read more
The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overestimating the strength of the U.S. economy as it feels guilty about the fact that inflation went up under their watch,” he said. JPMorgan Strategist’s … Read more
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that all markets are crashing, specifically naming real estate, stocks, gold, silver, and bitcoin. Referencing his earlier prediction of a bigger crash than during the 2008 financial crisis, Kiyosaki said: “That crash is here. Millions will be wiped out.” Robert … Read more
RBI Governor Shaktikanta Das has warned that the crypto market may crash and small investors will lose money. He added that the central bank believes that its warnings have deterred many people from investing in cryptocurrencies. RBI Governor’s Crypto Warnings The governor of the Indian central bank, the Reserve Bank of India (RBI), Shaktikanta Das, … Read more
During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the … Read more