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Report: Nigerian NFT Artists Thrive Despite Bubble Fears and Ongoing Central Bank Anti-Crypto Restrictions
25.6.2021
Nigerian artists are now increasing their net worth by leveraging the art world’s lucrative pivot to non-fungible tokens (NFT). According to reports, this move to NFTs is happening despite the Nigerian central bank’s renewed anti-crypto stance. NFT Bubble Concerns As a recent CNN report...
Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory
17.6.2021
The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey...
Dutch Official Predicts Crypto Market Crash, Says ‘the Netherlands Must Ban Bitcoin Now’
14.6.2021
The director of the Netherlands’ Bureau for Economic Policy Analysis, a part of the country’s Ministry of Economic Affairs and Climate Policy, has predicted “The ultimate collapse of the crypto bubble.” He urges the government to ban bitcoin and other cryptocurrencies...
Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real Estate
11.6.2021
Homebuyers in the United States have found difficulties acquiring single-family homes after the year-long business shutdowns and lockdowns that followed Covid-19. It seems there’s a new wave of homebuyers in the U.S. real estate market, with buyers stemming from hedge funds, pension funds...
The NFT bubble may have popped, but the sector is still primed for expansion
5.6.2021
NFT sales and active wallets fell by more than 40% in the past month but new layer-2 infrastructure is preparing the sector for the next surge
Study Shows NFT Sales Plummeted 90% Over the Last 30 Days, NFT Wallets Dip 70%
4.6.2021
According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month. Protos.com Study Claims...
Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated US Real Estate Market
22.5.2021
The Federal Reserve and America’s big banks have significantly inflated home prices across the U.S. according to a number of statistics. In many towns across the nation, home sales are facing bidding wars and certain regions are seeing property shortages. One report notes that homebuyers...
Fund Manager Bill Miller Unfazed by Falling BTC Price, Says Bitcoin Correction Is ‘Pretty Routine’
21.5.2021
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller...
Bank of America Survey: ‘Long Bitcoin’ Is Most Crowded Trade, 75% of Fund Managers See BTC as Bubble
19.5.2021
The most recent Bank of America Fund Manager Survey finds that the most crowded trade is “long bitcoin.” Nonetheless, 75% of fund managers say the cryptocurrency is in a bubble zone. Fund Managers Say Long Bitcoin Is Most Crowded Trade but Most See Bubble The Bank of America (BoA) Fund...
My Singing Monsters Comes To Consoles With A Bunch Of Non-Singing Minigames
12.5.2021
Mobile hit My Singing Monsters is a game about collecting and breeding musical monsters whose unique noises join together to create beautiful music. Coming to consoles this November, My Singing Monsters Playground is a party game featuring more than 20 different minigames. Hopefully one of those...
Current Cryptocurrency Market Rally: Boom or Bubble?
4.5.2021
There is a lot of discussion happening around the cryptocurrency sphere nowadays. This is primarily because of the unprecedented momentum the crypto domain has achieved in 2021. The global economic meltdown caused by the Covid-19 pandemic has put the focus back on the utility of digital coins...
Dogecoin Price Spikes; Is It a Speculative Bubble?
29.4.2021
On Wednesday, April 28, the digital currency market was abuzz when Dogecoin’s price skyrocketed by 20% within 24 hours, reaching 32 cents after a cryptic tweet from Tesla founder Elon Musk and billionaire Mark Cuban. The Tesla founder, who occasionally mentions crypto on his tweet, claimed...
Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply
26.4.2021
Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as...
NFT trading cards: A new way to own collectibles or an asset bubble?
24.4.2021
NFT collectibles are blowing up, but are they a bubble waiting to pop or a revolution waiting to explode?
Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble
19.4.2021
The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as...
Nearly 75% of professional investors see Bitcoin as bubble: survey
15.4.2021
Bank of America asked 200 professional investors with $533 billion in assets under management about their opinions on Bitcoin
Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors
11.4.2021
Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great...
The NFT Bubble Might Be Bursting, But Streamers And Esports Orgs Are Still Getting In On It
9.4.2021
As of last month, the age of NFTs was officially upon us. As of this month, it might be on its way out. Average prices have declined by as much as 70% since a peak in February, according to Bloomberg. That, however, has not stopped big-name streaming and esports figures from announcing their...
Bubble or a drop in the ocean? Putting Bitcoin's $1 trillion milestone into perspective
3.4.2021
Bitcoin is relatively small compared to stocks and real estate, and those holders might reinvest dividends in other assets
Nifty News: NYT says NFTs in pandemic-fueled bubble, Polkamon eggs produce $1M gas ...
31.3.2021
NYT likens the NFT bubble to the plague induced “tulip mania” of the 1600s, Polkamon NFTs generate more than $1 million in gas fees, and a man fails to sell 50% of a house as an NFT