Tag Archives: Non-Fungible Token (NFT)

Those Nirvana fans with some cash left after the cryptocurrency crash of the last week will have the opportunity to own a piece of the history of their favorite band immortalized on the blockchain. On February 20, 2022, an auction will be held with never-before-seen images and artworks of Nirvana. The auction will be crypto-only and will take place on the same day as the birthday of Kurt Cobain, leader of the iconic band, who committed suicide on April 5, 1994. Nirvana is...

The successful PSG player, goalscorer for the Brazilian national soccer team, and NFT enthusiast Neymar Jr, is the newest member of the elite Bored Ape Yacht Club. Neymar shared the news with his followers on Twitter, posting a photo of his new pink ape outfitted with flashy futuristic glasses, along with the hashtag #BoredApeYC. Source: TwitterNeymar Jr. Loves NFTs On January 20, Neymar changed his profile picture using the Bored Ape 6633 as an avatar. According to OpenSea’s...

Serena Williams – arguably the best female tennis player to have ever played the game, at least measured by Grand Slam titles – has bought a Bored Ape NFT. Serena Williams is one of the most influential tennis players of the open era, having won a total of 23 Grand Slam titles in her career up to date. It appears, though, that she is also an avid enthusiast of non-fungible tokens (NFTs). Her current Twitter profile picture is a pixelated Crypto Punk-inspired display. The...

The popular NFT auction marketplace, OpenSea, has surpassed the $3.5 billion mark in monthly Ethereum trading volume. OpenSea Hits New High According to the latest chart by Dune Analytics on January 17, OpenSea has already clocked in $3.52 billion in terms of monthly Ethereum trading volume, even with two more weeks to go until the conclusion of this month. The platform’s daily trading volume has oscillated between $169-$261 million throughout January. With the latest...

The non-fungible token universe and blockchain-based games seem to have their own macro events that affect their growth. A set of reports by the analysis company DappRadar revealed that the number of NFT trades continues to increase gradually despite the adverse price movements in the digital asset industry. Additionally, the interest in blockchain-based games is also on the rise. NFTs and Blockchain Games Becoming More Popular Most cryptocurrencies have lost some price...

After the fake reports about Walmart and Litecoin last year, this time, the US retail giant has officially filed documents with local regulators to enter the cryptocurrency space and the metaverse. As seen in the CNBC report, Walmart’s filings with the US authorities about getting involved with the metaverse date late December last year. Essentially, the company wants to allow its users to shop for electronics, home decorations, personal care products, and everything...

CoinGecko’s 2021 report noted that DeFi managed to branch out from Ethereum onto other chains at a rapid pace. The NFT market, on the other hand, saw a meteoric rise thanks to the complementary areas of metaverse and GameFi. Drastic Fluctuations In DeFi Ecosystem According to the latest report by CoinGecko, the market cap across the decentralized finance protocols grew by 7.5x from $20 billion to $150 billion in 2021. Its dominance has more than doubled from 2.8% to an...

Reports emerged indicating that the Chinese officials are keeping a close eye on cryptocurrency activities and are applying innovative strategies to tackle virtual currency money laundering. “An Important Breakthrough” According to the Chinese state-owned broadcaster, CCTV (controlled by the CCP), the country’s Ministry of Public Security has solved 259 cases that involve cryptocurrency money laundering. It also seized cryptocurrencies worth 11 billion yuan, or nearly $1.7...

According to Hong Fang – Chief Executive Officer of the US cryptocurrency exchange OKCoin – bitcoin’s price could surge past $100K. However, there are a lot of elements that play in the short-term, meaning the asset might not reach the milestone that soon, she added. Bitcoin at $100K Is ‘Reasonable’ Despite bitcoin’s recent price decline and volatile nature, the number of individuals envisioning the cryptocurrency with a future price tag of $100,000 is growing daily. OKCoin’s...

Non-fungible tokens have been the hottest trend in 2021. They saw global recognition, mainstream adoption, and overall acceptance in and out of the cryptocurrency industry. The astronomic surge in popularity of non-fungible tokens (NFTs) led to a massive demand (and an even higher supply) of various collections, each one with its intricacies and perks. Undoubtedly, one of the most popular NFT collections, which even became the most expensive in terms of floor price as of...