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...
So, NFTs are "back," huh? At least that’s what the headline howler monkeys are screeching, supported by a $60 billion market cap increase and a rumored 300% increase in sales. We witness the rise of Ethereum and Solana, while a certain anonymous whale spends 24 million on CryptoPunks. Cue the...
Alright, let’s talk about the digital elephant in the room. For years, I've heard the same tired refrain: "NFTs? Just overpriced JPEGs!" Uttered by the same sort of digital Luddites who still believe MP3s aren’t actual music. Guess what? Last week’s CryptoPunks mania brought with it a surprising claim. Even...
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...
While it’s nearly impossible to keep up with the constantly changing world of cryptocurrency, in recent weeks all eyes have been on Ethereum and its exploding NFT market. Anjali Mehra, a DeFi opinion columnist, breaks down what’s behind the recent spike in Ethereum NFT volume. She digs into what’s causing...
You're seeing the headlines, right? NFT trading volume is through the roof, Ethereum is on fire and you can’t scroll through Twitter without hearing about some get rich quick scheme. Before you dive in deep, let’s slow things down. I am definitely NOT arguing that NFTs are devoid of value...
So, Ethereum's turning the big 1-0. Happy birthday, you freeway-creating, gas-burning, occasionally-genius, frequently-maddening monster! And what better way is there to celebrate a decade of decentralization than by partying in the metaverse! With a symbolic NFT torch, naturally. Seriously, a digital torch? Are we just attempting to port the Olympics...
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...
This week Ethereum is throwing a virtual 10th birthday bash! This momentous milestone is a vivid testament to a decade long journey characterized by incredible growth, innovation, and community development within the blockchain space. To commemorate this occasion, the Ethereum community has launched a unique initiative: "The Ethereum Torch" NFT....
The Ethereum Foundation is approaching a monumental milestone: a decade of revolutionizing the digital landscape. To mark this special occasion, they’ve created “The Ethereum Torch.” This ceremonial NFT will be transferred back and forth among notable NFT artists and collectors leading up to one huge final burning event. Official reason...
