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Weekly NFT Sales Dip — Ethereum Outshines Bitcoin, Solana and Avalanche Record Gains
20.1.2024
The latest statistics indicate a further decline in non-fungible token (NFT) sales this week, showing a 5.05% decrease compared to the previous week. Sales of NFTs reached $297 million, with Ethereum leading the way this week. Ethereum’s sales amounted to $106 million, overtaking...
Ex-President Trump Launches Limited Edition Cards on Bitcoin Blockchain via Ordinal Technology
19.1.2024
The ex-45th President of the United States has been engaged in the sale of digital trading cards for a considerable period. On Thursday, the official account for the trading card enterprise announced the launch of Trump cards that are crafted using the Bitcoin blockchain’s Ordinal inscription...
Donald Trump’s Bitcoin Oridnals NFT Collection Sparks Controversy
19.1.2024
Former U.S. President Donald Trump has launched yet another series of digital collectibles, sparking controversy in the cryptocurrency community. Trump’s latest creation is hosted on the Bitcoin (BTC) blockchain but has a unique twist. Trump Digital Trading Cards on Bitcoin Ordinals Come with...
Donald Trump's NFTs Have Limits Normal Ones Don't
18.1.2024
Coinbase Unveils AI-Generated NFTs with “Instamint”
18.1.2024
Crypto exchange Coinbase’s NFT marketplace has released a AI-generated NFT feature. In an X post on January 18, Coinbase unveiled its latest feature, “Instamint,” on its NFT marketplace. This feature enables users to generate NFTs using artificial intelligence. Coinbase is providing users with...
Bitcoin’s Ordinal Inscriptions Soar Beyond 55 Million, Achieving Third Highest Daily Record
16.1.2024
Following the weekend, the tally of Ordinal inscriptions on the Bitcoin blockchain surpassed 55 million. Notably, on Jan. 13, 2024, the blockchain witnessed its third-highest day of inscriptions, settling an impressive 477,751 inscription-based transactions on Saturday. Additionally, from...
Game Over for NFTs? Will the Market Recover in 2024
15.1.2024
Non-fungible tokens, or NFTs, have faded into the background with all the chatter and excitement around a spot Bitcoin exchange-traded fund being approved in the US market. Earlier today GameStop revealed it has shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency space....
Gamestop’s Cryptocurrency Adventure Pauses: NFT Marketplace Closure Looms
15.1.2024
In an announcement prominently displayed on the Gamestop non-fungible token (NFT) marketplace, the company has revealed its intention to shut down the platform on Feb. 2, 2024. This decision means that users of the Gamstop NFT market will lose the ability to “buy, sell, or create NFTs.”...
$311 Million in NFT Sales Amidst Fluctuating Blockchain and Collection Performances
13.1.2024
In the last week, the non-fungible token (NFT) market experienced unremarkable sales, totaling $311.31 million. This figure represents a slight uptick of just 0.05% from the previous week. Despite this, Bitcoin NFT sales have consistently outperformed other blockchain networks since November 2023....
Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell 'Quantum Cats' Collection
12.1.2024
The "NFTs on Bitcoin" project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees
Vendetta Games Beginners Guide: Hunting bounties in the Wild West metaverse?
12.1.2024
Vendetta Games’ flagship game, Chalk River Metaverse, blends the wild-west, open-world combat genre with NFTs and web3. Users made the first alpha tests available for the public earlier last year, but the game has come a long way since then. While we wait for its upcoming token generation...
Top NFT News Today – 11 January, 2024
11.1.2024
Source: AdobeStock / Passakorn Non-fungible tokens (NFTs) are making (yet another) comeback. Over the last 24 hours, the NFT sales volume went up more than 30% to $50.5 million, according to CryptoSlam. That said, transactions have seen a small drop of less than 0.5%, recording 313,887 at the time...
Elon Musk’s X Abandons NFT Profile Pictures, Sidelining Ethereum Integration
11.1.2024
Image Source: Getty Images X (formerly Twitter), under the ownership of Elon Musk, has discontinued a feature that allowed premium users to use non-fungible token (NFT) images as their profile pictures. The feature, introduced in January two years ago, was aimed at Twitter Blue subscribers...
Twitter Quietly Scraps NFTs While Embracing AI
10.1.2024
On January 9, X (formerly known as Twitter) announced its plans to begin the process of reinventing itself as the “everything app.” This will involve new uses for artificial intelligence, peer-to-peer payment systems, and a big emphasis on slamming ads into the pinned-open eyes of its users....
Bitcoin Developer's Proposal to Stop 'Spam' NFTs Gets Shut Down
9.1.2024
Luke Dashjr's technical proposal sounded innocuous enough: to make the popular Bitcoin Core software "effective with newer datacarrying styles." In reality, the effort represented a sophisticated but controversial plan to block the suddenly popular "inscriptions" known as "NFTs on Bitcoin."
Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance
6.1.2024
According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing...
CryptoZoo Investors Offered Refunds a Year After Promised by Logan Paul
5.1.2024
Source: a video screenshot, Logan Paul / YouTube YouTuber Logan Paul is offering refunds for the never-released CryptoZoo NFT game – if he deems the NFTs eligible “in his sole discretion.” Also, former owners relinquish all right to sue. Announced in 2021, CryptoZoo was supposed...
South Korean Tokenization Startup Chooses Klaytn Over Ethereum for Gold NFTs
5.1.2024
The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform...
‘Web3 Artists Offers Something Web2 Can’t – True Ownership’ — Palm Foundation Director
4.1.2024
According to Andrea Lerdo, a director at the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not only exercise control over their content but to connect with their respective audiences in a way not possible on traditional platforms. For artists who have already...
Steamboat Willie’s Mickey Mouse Goes NFT After Entering Public Domain
2.1.2024
One of the first depictions of the Mickey Mouse character has finally entered the public domain, and it is now immortalized in a non-fungible token collection. A limited edition of 2,000 NFTs featuring the famous mouse in one of its first animated shorts, “Steamboat Willie,”...