Tag: downtrend

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Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide

July 30, 2023

This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once consistently taking the second spot week after week in the NFT sales ranking, Bitcoin-based…
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Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities

February 5, 2023

Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold will be the best performer” this year and stated that the U.S. Federal Reserve will not cut rates until a “massively nasty recession” occurs.…
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