PANews reported on March 28th, citing CoinDesk, that despite numerous digital art projects showcasing themselves at Art Basel Hong Kong, the NFT market remains weak overall, showing no clear signs of recovery. Specifically, Bored Ape #5278 from the "Bored Ape" series is currently listed at only 7 ETH, a drop of over 100 ETH from its last transaction price, reflecting a significant valuation pullback in leading NFT assets. As an asset class once considered rapidly rising, the NFT art market has cooled considerably, with both liquidity and price performance continuing to face pressure.

New snake oil? Etsy witches are hawking spells they claim can change the weather on your wedding day, help you with your love life, or fatten your crypto portfolio. Etsy witches have become a massive trend on social media this year — from romance spells to helping manifest fame. Did you know they can also apparently help you become a crypto millionaire? The practice of witchcraft, once punishable by death by fire (or being pushed off a cliff), has become a talking point on TikTok. Online marketplace Etsy, which allows people to sell their handmade beanies and custom dog collars, has become a hub for the spellcasters despite having a ban on “metaphysical services.” Read more

