Connect with us
DAPA Banner

Crypto World

HV-MTL Sets To Launch Its NFT Strategy This Month

Published

on

HV-MTL NFT Collection

HV-MTL, one of the leading non-fungible token collections in the global non-fungible token market, has skyrocketed in terms of trading sales volume and floor price value after Mr. Adam Weitsman announced that there would be an HV-MTL strategy token. In the past 24 hours, the HV-MTL NFT collection has recorded trading volume of 2.28 ETH, a +70% increase from the previous day.

HV-MTLs Jump +100% In The Past 24 Hrs

Data compiled by coingecko.com, an on-chain crypto and non-fungible token data explorer that tracks NFT collections from more than 20 blockchain networks, shows that the HV-MTLs NFT collection has recorded positive growth today. In the past 24 hours, the HV-MTL NFT collection has amassed trading volume of 2.28 ETH, a 73% increase from the previous day.

HV-MTL NFT CollectionHV-MTL NFT Collection

In response to today’s surge, the HV-MTL NFT collection has climbed by 118% over the past seven days, 119% over the past two weeks, and 229% over the past 30 days. The Hv-MTL NFT floor price has reacted vigorously today. On January 18, the HV-MTL NFT floor price jumped from 0.05 ETH to 0.07ETH. At the time of publication, the HV-MTL NFT floor price is 0.06 ETH.

Launched in 2022, HV-MTL (Heavy Metal) is an NFT collection featuring a limited edition of 30,000 unique NFTs representing a different mech with evolving traits, unlocked through seasonal gameplay and player action. These NFTs were originally launched by the Bored Ape creator Yuga Labs, then acquired by Faraway Games, and are now owned by entrepreneur Adam Weitsman, who purchased the IP from Faraway in late 2024 to further develop the collection and integrate it into the Otherside metaverse.

Advertisement

HV-MTL Strategy Token Is Coming Soon

In a January 18 blog post, Billionaire Adam Weitsman announced that his company has partnered with Token Works to launch its new token strategy. TokenWorks is the team behind the innovative NFT Strategy protocols like PunkStrategy and PudgyStrategy, which transform static NFTs into dynamic, cash-flowing assets using automated trading strategies and a self-reinforcing flywheel of fee collection, NFT buybacks, and token burns to create perpetual value and liquidity for NFT collections. The highly anticipated HV-MTL NFT strategy will be launched on January 26, 2026.

Related NFT News:

Best Wallet – Diversify Your Crypto Portfolio

Advertisement

Best WalletBest Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users

Best WalletBest Wallet


Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Bitcoin Depot Struggles With Regulatory Pressure and Weak 2026 Outlook

Published

on

Bitcoin Depot Struggles With Regulatory Pressure and Weak 2026 Outlook

Bitcoin Depot, a publicly traded cryptocurrency ATM provider, is facing mounting regulatory pressure in the US amid a steep stock decline and a weak revenue outlook.

The Connecticut Banking Commissioner, through the Consumer Credit Division, issued a temporary cease-and-desist order against Bitcoin Depot on March 9, summarily suspending its money transmission license in the state.

The order cites multiple alleged violations of the Connecticut Money Transmission Act, including failure to maintain minimum net worth, excessive fees and incomplete refunds to consumers who fell victim to scams.

The company lowered its 2026 revenue outlook in its fourth-quarter 2025 and full-year financial results released on Monday. It reported a 56% year-to-date stock decline and staff layoffs. Bitcoin Depot is one of the largest kiosk operators in the US. Its earnings release says it had more than 8,400 kiosk locations as of year-end 2025.

Advertisement

Revenue outlook darkens for 2026

The company reported full-year 2025 revenue of $615 million, up 7% from 2024, though net income fell to $5.1 million from $7.8 million.

Q4 revenue dropped to $116 million from $136.8 million a year earlier, driven by newly enacted state regulations and enhanced compliance measures, the company said.

Bitcoin Depot also warned of a weaker revenue outlook for 2026, citing ongoing regulatory changes and compliance requirements that could reduce transaction volumes:

“The Company expects revenue for the core business in 2026 to be down in the range of 30% to 40%. This estimate reflects the uncertainty presented by the dynamic regulatory environment and enhanced compliance standards.”

In a separate March 11 filing, Bitcoin Depot disclosed that chief operating officer Elizabeth Simer had resigned. The company did not give a reason.

Advertisement

Bitcoin Depot faces actions in multiple states

Connecticut’s cease‑and‑desist order comes as Bitcoin Depot already faces enforcement actions in other states, including a Massachusetts Attorney General lawsuit in February, which alleged facilitation of crypto scams.

Bitcoin Depot was also sued in Iowa in February 2025, when Attorney General Brenna Bird accused the company and CoinFlip of failing to protect consumers from crypto ATM scams.

Related: Minnesota to weigh ban on crypto kiosks after scam reports

In January, Bitcoin Depot entered a $1.9 million consent agreement with the Bureau of Consumer Credit Protection in Maine to compensate consumers scammed via its Bitcoin kiosks and comply with state licensing rules.

Advertisement
Bitcoin Depot (BTM) price chart in the past year. Source: TradingView

Bitcoin Depot’s shares (BTM) have declined since mid-2025, losing 91% of their value since hitting $45.4 in June. The stock has tumbled 56% year-to-date, closing at $4.06 on Tuesday, according to TradingView.

Cointelegraph contacted Bitcoin Depot for comment regarding the regulatory actions, but had not received a response by publication.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026