NFTs are back in the news today with the launch of an NFT-native treasury firm that aims to earn yield on CryptoPunks. GameSquare’s purchase of Cowboy Ape #5577 CryptoPunk for $5.15 million has been largely credited with starting this revival. This strategic investment establishes a precedent for other corporations to...
Takashi Murakami, the Japanese contemporary art phenomenon, is bringing his “108 Flowers Revised” NFT collection to life. Like Base itself, it’ll be released on the Base blockchain. This move is a huge step in bridging the old art establishment with the innovative technology that Web3 offers. The July 31 launch...
Oh Whale has officially launched its first NFT collection, Oh Whale Originals, now live on OpenSea. This ocean-themed initiative pairs beautiful, collectible digital art with real-world support for ocean protection. While fostering appreciation for Big Bend, the project’s ultimate goal is to create distinctive digital assets that help establish a...
Even PUDGY, the native currency of the Pudgy Penguins ecosystem, has exploded. In fact, it has soared by an incredible 385% in just over the last five weeks alone! This boom has catapulted Pudgy Penguins into the 2nd-largest NFT ranked by all-time sales volume. According to TradingView’s data, PENGU has...
Ethereum is in a great position to continue growing. The NFT market has renewed momentum that might see it exceed 2021’s all-time high. Recently, the cryptocurrency has crossed the $3,800 mark, a price point not reached since December 2024, indicating a positive shift in the market sentiment.Ethereum reached an all-time...
Whether you could ever love them or not, the NFT market is returning with a vigorous boom. This revival is largely attributed to a greater bullish sentiment across the cryptocurrency space. Daily sales across the entire NFT space have surged, soaring by 191% to climb above $46 million. Market capitalization...
The digital collectibles market is in the midst of a boom, driven by record levels of activity on the Ethereum blockchain. NFT trading volume has recently increased to a six-month high of $140 million. This dramatic increase was largely powered by a CryptoPunk whale that purchased 45 NFTs over one...
Meanwhile, the Ethereum ecosystem is preparing to celebrate this blockchain’s 10th anniversary. They’ll be minting “The Ethereum Torch,” a unique commemorative non-fungible-token (NFT). The exuberance comes as the Ethereum market is undergoing an impressive metamorphosis. Prices have exploded and NFT trading volume has increased hundreds of percent just in the...
Abacus, one of the largest darknet marketplaces in existence, has seemingly and abruptly shut down. This sudden shutdown has users reeling and raised fears of a potential exit scam. The platform, which launched in 2021 under the name Alphabet Market, has rebranded and swiftly spiked to popularity, processing close to...
Ethereum has recently crossed the $3,800 threshold, marking an all-time high in the Ethereum price trajectory. The cryptocurrency has now blasted through multiple key resistance levels, including the $3,500 to $3,550 area. On current pricing, it’s aiming for the $4,000 range. This upward momentum is a positive sign of both...
