The crypto market’s fortunes took a turn for the worse this week. Most assets lost significant gains, with some registering two-digit value drops. Even the market capitalization decreased in value by roughly $70 billion.

At the beginning of the week, Bitcoin increased while Ethereum decreased. This is because of the Ethereum Merge rollout. It is a significant event and is expected to have an impact on the cryptocurrency market in the coming days.

The entire crypto space has been blown to smithereens, and frankly, ETH and BTC are the strong stalwarts, having lost “only” about 50-60% of their value.

Web3 - or Web 3.0 - has moved into the spotlight in recent years. It's become a buzzword in many conversations about the future of tech. But what exactly is Web3? Well, that's what we're here to talk about.

Today is supposed to be the “crypto bowl,“ with all the firms pushing their junk on people, and I suspect most of them will be destroyed in due time. As I look at the alt-coin charts, all I can say is: this entire space is going to be battered.