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Coinbase to launch Worldcoin, Ordinals futures

Coinbase gears up to offer new altcoin futures next week to expand its perpetual offerings.

Bitcoin’s Ordinals top NFT collection rankings with US$3.4 mln in sales

Top NFT collection sees slight dip in sales but increase in transactions over 24 hours.

Bitcoin transaction fees reach 5-month high, Ordinals surpass 38 mln inscriptions

The last time Bitcoin transaction fees were this high was on June 6.

Bitcoin Ordinals profitability falls in July, but total inscriptions pile on

Revenue for NFT services on the Bitcoin network, or the aggregate value of marketplace fees and creator royalties, declined over July even as total Ordinals inscriptions crossed 20 million.

Ordinals inspire a new type of Ethereum collectible called Ethscriptions

Ethereum developers inspired by Bitcoin’s ordinals launch ‘Ethscriptions’, a new on-chain collectible.

Solana’s NFT sales dive as Bitcoin Ordinals surge

A significant drop in Solana’s monthly NFT sales coincides with a boom in Bitcoin NFTs. Experts believe Bitcoin could soon challenge Ethereum’s dominance in the market.

The Flippenings: Bear to Bull Market and Ethereum NFTs to Bitcoin Ordinals

China’s possible entry into NFTs, Russia’s crypto payments, and new token standards fuel market optimism.

Ordinals inscriptions slow down but Bitcoin congestion lingers

Ordinals inscriptions have slowed down this week but Bitcoin continues suffering from congestion issues due to the BRC-20 craze.

Bitcoin congestion issues continue amid BRC-20 memecoin, Ordinals surge

Bitcoin network faces heightened congestion with over 5 million inscriptions, exacerbating block space demand as BRC-20 tokens achieve a market cap milestone of $1 billion, contributing to increased activity on the network.

Bitcoin inscriptions: Are Ordinals a boon or a drag on the network?

Now that the Bitcoin Ordinals genie is out of the bottle, a debate is raging about whether they’re good for the original blockchain and their long-term consequences.

Bitcoin’s mempool congestion eases after millionth Ordinals inscription

Mempool congestion issues subsided after the Bitcoin network surpassed 1 million Ordinals inscriptions.

Bitcoin surpasses 1 mln Ordinals inscriptions

The Bitcoin Network has recorded over 1.05 million Ordinals inscriptions within the first three months since launch.

Magic Eden introduces Bitcoin Ordinals for NFT traders

Magic Eden, the largest Solana-based non-fungible token (NFT) marketplace, has launched its “audited” Bitcoin Ordinals for NFT traders.

Bitcoin Punks exceed 1,145 ETH in daily trading volume as Bitcoin Ordinals gain traction

Less than two months since the launch of the Ordinals protocol, Bitcoin Ordinals are gaining traction. Yuga Labs announced its first Bitcoin-native NFT collection, on the same day Bitcoin Punks saw over 1,145 ETH in trading volume. Industry commentators told Forkast what this could be for the Bitcoin network.

Bitcoin exceeds 154,000 inscriptions in a month as Litecoin Ordinals launches

The Bitcoin Network has recorded over 154,554 inscriptions since the launch of Bitcoin Ordinals on Jan. 21, a fork that enables digital assets to be inscribed on satoshis (sats)

PUPS BRC-20 NFTs pump with over US$8 mln in sales

Memecoin mania on Bitcoin? PUPS leads Thursday’s sales.

Franklin Templeton shines spotlight on Bitcoin NFTs

Investment firm notes Bitcoin NFTs’ role in crypto innovation and market changes.

Mad Lads NFTs rise as the day’s top collection

Solana’s Mad Lads collection sees significant sales and transaction increase, leading daily NFT market.

Bitcoin leads NFTs with a 46% sales bump

Bitcoin’s NFT sales see a slight increase, outperforming Ethereum and Solana in daily transactions.

Solana’s Froganas, Howdy Hats, lead NFT sales

Two of Solana’s up and coming collections lead the NFT market’s daily performance.

Bitcoin NFT sales drop by 44%, still leads market

Ethereum trailed Bitcoin’s NFT sales by less than US$600,000.

Rare CryptoPunk NFT sells for US$16 mln, signaling market revival

A CryptoPunk NFT, known for its rarity, fetches over $16 million in a landmark sale, hinting at a resurgence in the digital collectibles market.

SEC postpones verdict on Grayscale’s spot Ether ETF

Ether ETF hopefuls on hold as SEC postpones decision.

Bitfinity valued at US$130 mln ahead of launch

With its recent US$7 million funding, Bitfinity wants to enhance Bitcoin’s utility in DeFi and NFTs.

Restey immortalizes Gensler’s tweet on the Bitcoin blockchain

Billy Restey inscribes SEC’s Gensler tweet on Bitcoin blockchain, ensuring clarity after a false ETF approval claim rattles the crypto market.

Can spot Bitcoin ETFs push Hong Kong to the crypto throne?

Top blockchain and crypto news: Hong Kong mulls Bitcoin ETFs, Ordinals flip Ethereum NFTs, IPO comes full circle.

NFTs are mainstream again?

The Simpsons dedicates its annual Halloween special to NFTs, as data signals continued uptrend in the NFT market.

NFT’s October treat

October sees NFT resurgence with US$300 million in sales despite negative trade profits; SoFi platforms face challenges amid financial scrutiny.

NFTs dressing up as a bull?

Amid Bitcoin’s ‘Uptober’ surge and Friend.tech’s security concerns, traders pivot back to NFTs, spurred by Blur’s rewards end date and potential Bitcoin ETF approvals.

Lightning Labs to enable stablecoins on Bitcoin ecosystem with Taproot Assets

Taproot Assets will “accelerate the process of bringing Bitcoin to those billions of people,” according to Lightning Labs.

A Bitcoin ETF is coming to the US. Here’s what to expect when that happens

A spot Bitcoin ETF will allow BTC be easily tradeable without the headaches and pitfalls of self-custody. Its arrival — likely just around the corner — will mark the moment crypto goes mainstream.

Taiwan tightens crypto governance, HK acts on JPEX; El Salvador stockpiles Bitcoin

Asia is stepping up the regulatory ground for the digital asset and take a look at El Salvador’s Bitcoin future.

NFTs are 94% worthless and also up over 52,000%

Amidst the cycles of blossoming and withering in the NFT marketplace, a significant majority of NFTs find themselves succumbing to worthlessness, leaving the persistent 5% to defy the fleeting trends.

BNB leads winners in top 10 cryptos; Bitcoin, Ether rise 0.8% in afternoon trading 

BNB led gainers in the top 10 cryptocurrencies by market capitalization, despite Binance’s growing challenges. Bitcoin and Ether rose during afternoon trading in Asia, as market analysts are saying it could start picking up more bullish momentum above the US$26,000 mark. See related article: Weekly Market Wrap: Deutsche Bank’s crypto move propels Bitcoin to US$26,750 […]

Bitcoin collectibles: a diamond in the rough

Bitcoin’s NFT sales dip mirrors early challenges of Ethereum; is the pioneer blockchain set for a comeback in the collectibles market?

Bitcoin, Ether rise with SOL leading winners in top 10 cryptos

SOL was the biggest gainer in the top 10 following its Shopify deal. Bitcoin and Ether also rose along with most top 10 cryptocurrencies.

Rising tide or sinking ship

OpenSea’s royalty policy change ignites debate between tech advocates and creators. Mark Cuban calls it “a huge mistake as NFT market slides 6%.

Bitcoin stabilizes as ETF enthusiasm tapers off

Bitcoin stabilized above the US$26,000 mark following last week’s sell-off. Top cryptos struggle to gain momentum as Bitcoin ETF applications continue to be delayed.

Hackers hit Curve, China announces blockchain link & is FTX back?

Welcome to Forkast IQ, presented by Angie Lau, where we look beyond the headlines to get you insights that power smarter decisions. Coming up on today’s show:

Japan’s blockchain group lobbies for tax change

Japan’s blockchain group urges tax change. Bitcoin NFT struggles but it may be a sleeping giant. Litecoin falls after halving.

Bitcoin, Ether fall, along with all top 10 cryptos, after Litecoin halving fails to lift market sentiment

Bitcoin and Ether slipped during Thursday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Litecoin led the losers in the top 10, despite successfully completing its third quadrennial halving event yesterday.

The diversity in NFTs

NFT trading volumes continue to stay low but gaming NFTs gave traders some positive news this week.

Bitcoin, Ether fall as risk-aversion grows; Dogecoin gains on Twitter rebranding

Bitcoin fell on Tuesday morning in Asia along with most major cryptocurrencies on speculation the U.S. regulator will appeal a decision in the Ripple case and enthusiasm waned for a Bitcoin ETF.

Bitcoin, Ether slip below key levels, ETF developments fail to lift investor sentiment

Bitcoin and Ether both remained below key support levels, as investor sentiment failed to pick up even after the Securities and Exchange Commission (SEC) accepted eight spot Bitcoin exchange-traded fund (ETF) applications for review.

Bitcoin, Ether inch above key levels; Matic leads gainers

Bitcoin and Ether both recaptured key support levels. Institutional interest remains upbeat following a slew of Bitcoin exchange-traded fund (ETF) applications, industry experts told Forkast.

Bitcoin returns above key level, Ether inches up, XRP leads top 10 cryptos in gains

Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization.

Bitcoin loses grip on US$30,000 as profit-taking kicks in; XRP gains as other top 10 crypto fall

Bitcoin slipped under US$30,000 on the back of profit-taking and long liquidations as the recent run up on optimism about exchange-traded funds seemed to run out of steam.

NFTs, Where did the buyers go?

Despite ample Ethereum holdings, traders appear less willing to invest in NFTs. Ethereum wallet growth data in 2023 suggests low NFT sales, while Ether used for NFT sales has dropped to 2021 levels.

Bitcoin, Ether, top 10 cryptos fall; SEC accepts Valkyrie’s spot Bitcoin ETF for review

Bitcoin and Ether both fell below key price levels earlier but returned above as investors remained optimistic after the U.S. Securities and Exchange Commission (SEC) accepted the second Bitcoin exchange-traded fund (ETF) application for review, from asset manager Valkyrie.

Bitcoin, Ether slip, top cryptos mixed, XRP biggest gainer after last week’s court win

XRP continued its rally after XRP issuer Ripple’s favorable ruling last week in its lawsuit with the U.S. Securities and Exchange Commission (SEC).

Why culture and ownership are critical to the metaverse: Opinion

As stores of our identity, customs and creativity, NFTs will drive Web3 adoption and become central to the new digital economy, writes Yat Siu, executive chairman of Animoca Brands.

Bitcoin steady above US$30,000, all top 10 cryptos rise on market optimism

Bitcoin breached US$31,000 level in the past 24 hours after falling back to hold above US$30,000. Ether and all other top 10 cryptos gained.

Bitcoin gains on StanChart price predictions, fund inflows; Ether rises, Matic leads winners

Bitcoin rose on Tuesday morning in Asia, after Standard Chartered predicted the token could reach US$120,000 by the end of 2024. Ether and most other top 10 tokens rose.

Bitcoin dips but holds above US$30,000, all other top 10 cryptos drop

All top 10 cryptocurrencies, including Bitcoin and Ether, drop over the last 24 hours while investors brace for more interest rate hikes in the U.S.

Bitcoin rises back to US$30,000, Ether remains under US$1,900, top cryptos in the red

Crypto buying subsided as the U.S. regulator made no official comment on Bitcoin exchange-traded fund (ETF) applications and executives quit Binance, the world’s largest crypto exchange.

Bitcoin, Ether rise, top cryptos mixed, as investors await SEC response to Bitcoin ETF applications

Bitcoin and Ether rose during Thursday afternoon trading in Hong Kong, while most of the top altcoins were mixed, as investors await the U.S. Securities and Exchange Commission’s (SEC) response to spot Bitcoin ETF applications. See related article: Weekly Market Wrap: Bitcoin breaches US$31,195 following Fidelity’s spot Bitcoin ETF application Bitcoin, Ether rise, top 10 […]

Bitcoin, Ether, all other top 10 cryptocurrencies fall; Litecoin leads losers with Cardano

Bitcoin, Ether fell along with all top 10 cryptocurrencies. Litecoin and Cardano led the losers. The Forkast 500 NFT index rose, but NFT mood is pessimistic.

The NFT market’s historic new lows

NFT market recovers after Azuki’s Elementals mint debacle as traders report liquidity issues amidst price tumble.

Bitcoin, Ether slip but remain above key price levels while altcoins struggle to find momentum

Bitcoin and Ether fell during Wednesday afternoon trading in Hong Kong but remained above key price levels, while most of the top altcoins were in the red.

Bitcoin, Ether slip but remain above key levels; top 10 cryptos mixed

Bitcoin and Ether fell during Tuesday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.

Bitcoin slips, Ether inches up, top 10 cryptos gain as investors remain upbeat

Bitcoin fell and Ether rose during Monday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization strengthened.

FXHASH NFT upgrade to allow users to mint on both Tezos and Eth

FXHASH, the largest non-fungible token (NFT) platform by sales volume on the Tezos blockchain, has announced an upgrade that allows users to choose between Tezos and Ethereum, along with on-chain minting for both networks. 

Bitcoin, Ether rise along with all other top 10 cryptos

Cyptocurrency investor sentiment continues to improve with Litecoin posting strong gains as its halving event in August gets closer.

Bitcoin gains with all top 10 crypto, Fidelity confirms Bitcoin ETF bid, U.S. economy rebounds

All top 10 cryptocurrencies rose, led by Solana, as another financial heavyweight applied to offer a Bitcoin exchange-traded fund and data showed the U.S. economy in good health. Stocks rose.

Can Azuki’s new Elementals spark the entire NFT market?

Azuki’s Elementals launch may be a turning point for the NFT market, with the continued decline of top projects’ floor prices.

Wall Street-backed crypto exchange a sign of lingering interest despite SEC’s crackdown

Top blockchain and crypto news: Wall Street backs new crypto exchange. NFT traders remain cautious. Alibaba’s incoming chairman is a crypto fan.

Bitcoin slips but remains above US$30,000 as TradFi alumni enter crypto

Bitcoin fell and Ether rose during Thursday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$30,000 earlier today, following news of institutions like BlackRock, Fidelity and Deutsche Bank entering the crypto space.

Bitcoin rises, remains above US$28,000; Ether, top 10 cryptos strengthen

Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$28,000 as signs of institutional crypto adoption bolstered investor sentiment.

Bitcoin inches up, Ether slips; top 10 cryptos mixed

Bitcoin rose and Ether fell during Tuesday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization closed mixed.

Bitcoin, Ether, rise; most top 10 cryptos fall as SEC lawsuit weighs on investor sentiment

Bitcoin and Ether rose during Monday afternoon trading hours in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization declined. Risk appetite remained low after the U.S. Securities and Exchange Commission (SEC) sued Binance and Coinbase two weeks ago.

Whales are feasting on NFT Art

Sotheby’s NFT auction sees Ringers #879 rise to the record books as one of the highest ever generative art in Ether value.

Bitcoin, Ether, top 10 crypto in red amid thinner trading, Fed warning of more rate hikes

Bitcoin fell below US$25,000 support at one stage, while other top 10 non-stablecoin cryptocurrencies dropped as the Fed warned of more interest rate hikes this year.