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Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead
22.2.2023
Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible...
Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art
20.2.2023
With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins...
XRP fails to sustain momentum against other blue-chip giants
10.2.2023
The crypto market was up in January 2023, but XRP was underperforming even in the last three years. Tech-focused NASDAQ 100 stock market index recovered from its yearly low. Bitcoin and Ethereum have surged more than 35%. Cardano is up 50%; even the meme coins such as Dogecoin have also surged...
FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda
20.1.2023
This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX’s and Alameda...
NFT Sales Continue to Decline, With ETH-Based NFTs Seeing a 20% Drop in the Past Week
31.12.2022
Non-fungible token (NFT) sales over the last seven days are ending the year 13.97% lower than the week prior. During the last week, statistics show that $147,054,554 in NFT sales were recorded across 334,668 NFT buyers. NFT Sales Continue to Slip: 13.97% Decrease in Last Seven Days NFT sales...
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022
26.12.2022
Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales...
From Fine Art to Bored Apes and Punks: Blue Chip NFTs Owned by Celebs Lose Significant Value
22.11.2022
During the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest declined, but blue chip non-fungible tokens (NFTs) don’t hold the value they once...
Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage
16.11.2022
During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten days show the floor value of Cryptopunks NFTs remained above the 60 ether zone, while BAYC-based...
Swiss-Based Crypto Bank SEBA Offers Custody for 'Blue Chip' NFTs
26.10.2022
SEBA is extending its digital asset custody services to blue-chip NFTs such as Bored Apes and CryptoPunks
MEXC Global Launches the World’s First Blue-Chip NFT Index to Fast-Track Adoption
29.8.2022
MEXC Global, one of the most liquid cryptocurrency exchanges with over seven million users, has launched the world’s first index for blue-chip non-fungible tokens (NFTs) to lower the participation threshold for interested retail investors. In a recent press release, the crypto ramp, which...
Blue chip NFT performance fails recovery, but investors HODL even harder
16.8.2022
In the last 30 days, over 53% of NFT investors made losses on sale trades. Despite the cold market sentiment, the number of investors that hold their NFT investments continues to rise
Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions
9.8.2022
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number...
CryptoPunk Sales Top Monthly Charts as Other Blue-Chip NFT Collections Slump
19.7.2022
Popular non-fungible token (NFT) collection CryptoPunks has seen a significant increase in sales volume over the past month despite the downturn in the broader NFT market.
Over the past 30 days, CryptoPunks has recorded over USD 63m in sales volume, up by around 112%, according to NFT data...
Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm
19.7.2022
On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related...
Troubled Crypto Fund Three Arrows Capital Has USD 7.5M Worth of Blue-Chip NFTs - Report
5.7.2022
Embattled crypto investment firm Three Arrows Capital (3AC), which has recently filed for bankruptcy, ostensibly holds more than USD 7.5m worth of blue-chip NFTs.
According to data compiled by crypto research firm 21shares, 3AC owns a total of 377 NFTs, which includes 11 CryptoPunks,...
Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams
7.6.2022
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik,...
Goblin Town Surges as Blue-Chip NFT Collections Take a Hit in May
1.6.2022
The goblin-themed Goblin Town non-fungible token (NFT) collection registered notable gains throughout May despite the overall sour market conditions that wiped out as much as half of the value of some blue-chip collections....
Read More: Goblin Town Surges as Blue-Chip NFT Collections Take a...
Nifty News: “Blue-chips” halve in value, free-to-mint “Goblintown” volume surges, Nike buys another ENS domain
30.5.2022
Data on the most well recognized nonfungible token (NFT) projects show that key metrics have fallen with floor prices and market capitalization over the past month
Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%
28.5.2022
While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token (NFT) sales are down 17.32% lower than last week. Data also shows NFT floor values have tumbled a great deal during the past month as some of the most popular NFTs...
Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%
14.5.2022
As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours. NFT Floor Values Take a Significant...