Deloitte: Sports NFTs to generate $2B in 2022

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Today’s Cryptocurrency Headline

In its forecast report, Deloitte said the sports industry will continue to adopt NFTs, with total sales exceeding $2 billion in 2022. India will see the highest growth, with the country’s sports NFT industry expected to reach $1 billion as cricket fans drive growth. More than 5 million people will buy or acquire sports NFTs this year. Deloitte further believes that NFTs can add value to tickets and physical collectibles.

BingX’s Bitcoin Chart

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BTC has been roughly flat over the last 24 hours. BTC attempted to break the 200-day exponential moving average ($45,700)(EMA), but this resistance remains strong. The 20-day EMA has started to turn up, and the relative strength index (RSI) is in the positive territory, indicating the bulls have an advantage. If BTC is unable to break $45,700 in the next few days, the market will not be optimistic and could be a sign that the market is turning cold. 

 

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