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Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months
5.7.2023
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...
Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed
1.7.2023
On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and fungible BRC20 tokens, Ordinal inscription technology...
NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises
1.7.2023
In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June. June 2023 Sees a Slip in NFT Sales Data from cryptoslam.io reveals that NFT sales...
‘Bitcoin Ordinals Are One of Many Ways to Represent Real-World Assets’ — Wakweli Co-Founder
29.6.2023
While non-fungible tokens (NFTs) are generally believed to represent the link between an owner and an asset, without platforms acting as “digital notaries” there can be no effective way of stopping scammers from minting and selling plagiarized works, Shaban Shaame, the co-founder...
FC Barcelona Partners with World of Women for NFT Collection
26.6.2023
European football giant FC Barcelona has partnered with the non-fungible token (NFT) ecosystem World of Women to release the second piece in its 'Masterpiece' collection.
The NFT is titled 'Empowerment' and is inspired by Spanish football player Alexia Putellas. Widely known as Alexia,...
Bored Ape Yacht Club’s Market Reign Crumbles as Rivals Take Center Stage
24.6.2023
The Bored Ape Yacht Club (BAYC), a prominent non-fungible token (NFT) collection, has been experiencing a decline in its dominance. In the past 90 days, the minimum value of BAYC NFTs has plummeted from 64 ETH to just above 37 ETH. Furthermore, the floor value of the Cryptopunks NFT collection...
HSBC, Mastercard File More Crypto-Related Trademark Applications
22.6.2023
HSBC and Mastercard, two major players in the banking and payment industries, have submitted additional trademark applications related to cryptocurrencies with the United States Patent and Trademark Office (USPTO). Mastercard’s filing focuses on crypto and blockchain transactions while...
NFT Sales Rise by 11% This Week as Buyers Surge 95% in Latest Data; ETH Dominates With $85.43 Million in Sales
20.6.2023
In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a total of 664,096 buyers. This Week’s NFT Sales...
Web3 Devs Now Focused on Making Games That ‘Traditional Gaming Can’t Match’ — Digital Arms CEO
17.6.2023
According to Chris Watkins, the co-founder and CEO of the non-fungible token (NFT) marketplace Digital Arms, many of the Web3 games developed in the last bull cycle were not only seemingly rushed but “lacked the essential element of fun,” hence they ultimately failed. Watkins also...
NFT Artwork Seized From Three Arrows Capital Fetches $10.9 Million in Sotheby's Auction
16.6.2023
Recent information disclosed by Sotheby's auction house reveals that the digital collectibles owned by Three Arrows Capital (3AC) were sold for a total of $10.9 million in a New York auction held on June 15.
In the aftermath of Luna and TerraUSD cryptocurrencies collapsing, 3AC was the first major...
NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains
13.6.2023
After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...
Prepare For Lift-off With Galactix Zone IEO on ProBit Global
12.6.2023
PRESS RELEASE. ProBit Global is launching the initial exchange offering (IEO) for the Galactix Zone Project platform’s native token, GXZ, which will be used as the in-game currency. Starting June 13, 2023, the token sale will enable investors to join an ecosystem that seeks to take its unique...
The Potential of NFTs and the Metaverse ‘Remain Vast and Largely Untapped’ Says Peer Inc CEO
12.6.2023
According to Tony Tran, the chairman and CEO of Peer Inc, the cooling interest in non-fungible tokens (NFTs) and the metaverse particularly by corporations and tech giants like Meta does not signal their end but instead “it reflects the natural cycle of innovation.” In written answers...
Crypto Community Adopts 'Stand With Crypto' NFT After SEC Sues Binance and Coinbase
8.6.2023
The crypto community minted 140,830 non-fungible tokens (NFTs) in a collection previously launched by the exchange giant Coinbase with a goal to make the US regulators provide the much-needed and "sensible crypto policy."
Launched in April this year, the 'Stand with Crypto' are commemorative NFTs...
Louis Vuitton Set to Launch $42,000 Physical-Backed NFT Trunks
7.6.2023
French luxury fashion house Louis Vuitton has announced its first non-fungible token (NFT) collection, with each iconic-trunk-turned-digital-collectible coming with a tag of nearly $42,000.
According to Vogue Business, the fashion giant has prepared a collection of phygital "Treasure Trunks"....
Is it Too Late to Buy Pepe Coin? PEPE Coin Price Plummets 15% in 7 Days as Launchpad Approaches $1 Million
6.6.2023
Despite an incredible surge of over 50,000% between April 15 and May 5, Pepe Coin (PEPE) is experiencing a significant decline of more than 60% from its peak, with 15% of the drop occurring in the past week.
Uncertainty looms over the meme coin's future potential, causing market participants...
NFT Sales Climb 39% in One Week, While Bitcoin NFT Sales Maintain Rapid Momentum
3.6.2023
While non-fungible token (NFT) sales witnessed a substantial increase in May, demonstrating significant progress, recent data indicates that NFT sales have soared by 39.35% within just the last week alone. Furthermore, sales figures for the trailing week demonstrate that the Bitcoin blockchain...
Iconic H.R. Giger 'Alien' Sculpture to be Fractionalized as NFTs
1.6.2023
Art collectors and fans of the cult science fiction film Alien will have a chance to purchase a fractionalized digital artwork of a rare sculpture by the late Swiss artist H.R. Giger.
Digital art platform Particle, which uses blockchain technology to offer fractionalized ownership of culturally...
Best Crypto to Buy Now 31 May – Solana, The Graph, Filecoin
1.6.2023
The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes.
While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains...
Mercedes-Benz's Web3 Arm Teams Up with Fingerprints DAO for New NFT Collection
31.5.2023
Digital art organization Fingerprints DAO teamed up with Dutch artist Harm van den Dorpel and German car giant Mercedes Benz on a generative art non-fungible token (NFT) collection.
"Maschine. Coming soon — a collection about velocity and perception," the Fingerprints DAO website states....