This week’s rundown on NFT sales reveals a bit of a downturn, with a 5.05% decrease compared to the previous week. Despite the overall decline, there’s a silver lining with an 82.40% surge in buyers and a notable 77.46% uptick in sellers. Ethereum emerges as the star player, boasting $106 million in NFT sales, outshining…
So, guess what’s making a roaring comeback in the digital world? Non-fungible tokens, or NFTs, are back in action, and they’ve got the numbers to prove it. It seems like the positive vibes from the crypto market and the green light for 11 spot Bitcoin exchange-traded funds (ETFs) have worked their magic. According to the…
So, you know that bogus tweet about the SEC green-lighting Bitcoin ETFs? Well, turns out, it’s now a legit piece of Bitcoin history. Gary Gensler, the SEC Commissioner, spilled the beans that their Twitter account got a bit too cozy with hackers, leading to a false alarm on Bitcoin ETF approvals. The aftermath? Bitcoin’s value…
Over the weekend, Azuki, a sought-after NFT collection, caught everyone’s attention by not just following but enthusiastically sharing Weeb3 Foundation’s tweets on platform X. The ripple effect was immediate, with the NFT prices experiencing a swift 33.3% surge, fueled by the buzz around the anticipated Azuki token. Azuki and Weeb3: Tweeting Their Way to a…
Avenged Sevenfold, the powerhouse in the music scene, is shaking things up in the blockchain world by introducing a whopping one million NFTs. Collaborating with Berify’s tech and Bitflips’ expertise, along with Ticketmaster, the band is pioneering the fusion of blockchain, NFTs, and fan engagement, reshaping the landscape of the music industry. A Million NFTs…
As we approach the end of the year, NFT traders are discovering an unexpected use for their seemingly worthless tokens – selling them for pennies to offset their capital gains tax. With the IRS’s criminal investigation unit showing a heightened interest in crypto cases, it’s become a prime time to unload these unwanted tokens. This…
You’ve probably noticed the buzz around NFTs, right? Well, with so many new and established NFT projects popping up, everyone’s eager to get in on the action, especially when it comes to free NFT drops. This might sound like a daunting task, given the sheer number of projects out there, but don’t worry – I’m…
2023 has been a pivotal year for NFTs, marking a shift from the early hype to a more grounded approach in assessing their value. It’s like we’ve moved into new territory, where the initial excitement is now balanced with a realistic understanding of what these digital tokens really offer. Despite some skepticism, the NFT scene…
Michael Bouhanna, the Vice President and Head of Digital Art at Sotheby’s, recently shared some exciting news about the world of digital art. Despite the ups and downs experienced by non-fungible tokens (NFTs) this year, it turns out that 2023 has been quite a remarkable year for digital art at Sotheby’s, one of the leading…
This week, the world of Bitcoin non-fungible tokens (NFTs) has been buzzing with activity, recording a staggering $425.63 million in sales. Notably, the top ten NFT collections, all hailing from the Bitcoin blockchain, have been at the forefront of this surge. Among them, collections known as Ordinal inscriptions have shown significant trading volumes, setting a…
