Search results: NFT

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:

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.

Blur has been adding demand for specific collections by incentivizing floor NFT trading, which may have mitigated aggressive price undercutting for liquidty.

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:

Despite a plunge in unique NFT buyers on Cardano, which earned it the nickname “ghost chain,” data reveals that the blockchain’s NFT market outperformed leading competitors such as Ethereum, Solana, and Polygon in June.

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

Indian Web3 firm Airchains has announced a partnership with the New Town Kolkata Development Authority of West Bengal, to release 500,000 NFTs in hopes to enhance registration and transfer of land ownership. 

Dmitri Cherniak’s generative art NFT, ‘The Goose’, sold for US$5.4 million at Sotheby’s. The sale, a second highest for generative art, signals NFT art’s growing prominence and potential in the Web3 era.

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. 

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:

Bitcoin dropped but remained above US$30,000, with all other major cryptocurrencies falling, as investors reacted to news of MicroStrategy’s Bitcoin purchase and ARK Invest’s spot Bitcoin ETF plan.

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

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 and most top 10 non-stablecoin cryptos rose in Friday afternoon trading in Asia after weeklong slump.

SEC scrutiny sends NFT market into downturn. Traders liquidate or hold off as Forkast 500 NFT Index hits all-time low amidst crypto turbulence.

Bitcoin Ordinals are also called NFTs, but intellectual property laws may not treat them the same as Ethereum- and Solana-minted NFTs, writes Cameron Pick.

NFT Community Resilience: Amid SEC scrutiny, builders thrive with Bitcoin NFTs soaring, Polygon’s mystery unveil, art sales surging, and IP licensing advancements.

AliExpress, the global online platform of China’s e-commerce giant Alibaba Group, will launch NFTs on June 25 working with NFT project “the Moment3!”.

Pudgy Penguins CEO Luca Netz says he aims to revolutionize the NFT marketplace, shifting focus from creating virtual assets out of “thin air” to generating real-world revenue via licensing.

NFTs reach new heights as May sees record-breaking transactions, hinting at widespread adoption.

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.

Japan’s All Nippon Airways, or ANA Group, has launched a non-fungible token platform known as “ANA GranWhale NFT MarketPlace” to trade art and photograph collectibles through its metaverse subsidiary ANA NEO, the company tweeted on Thursday.

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

Ordinals’ BRC-721E token standard is set to introduce NFT transfers from Ethereum to Bitcoin through a burn and claim process.

NFT-backed lending and borrowing can unlock liquidity and expand investment opportunities. Here are the best practices — and risks.

Unpacking the NFT disparity at Veecon & BTC Miami 2023: established ETH vs emerging BTC. CryptoSlam seeks to bridge the gap.

Binance Marketplace, Binance’s NFT trading platform, is launching a new service Friday where users can loan Ether by using NFTs as collateral.

Surge of interest in AI chipmaker Nvidia extends to crypto, Binance and Blur vie for top NFT lender spot, while uncertainty abounds over U.S. debt talks.

VeeCon 2023 NFT conference inspires and strengthens the market with community focus and innovation. Gary Vaynerchuk’s keynote resonates with fans worldwide.

Investors remain cautious as U.S. debt talks continue despite slowing inflation and large NFT purchases.

Bitcoin and Ether prices fell on Friday morning in Asia. XRP gained after Hong Kong CBDC announcement by issuer Ripple.

Welcome to The Daily Forkast, May 18, 2023, presented by Megha Chaddah for the latest in the crypto markets. The US debt ceiling could be raised after hopes of reaching an agreement to avoid a default triggered gains across the board. As the Asian equities markets trade green by noon Hong Kong time, the crypto […]

Welcome to The Daily Forkast, May 17, 2023, presented by Jeff Cheung for the latest in the crypto markets. Ripple’s victory over the SEC in court has jumped XRP prices as Litecoin continues its bullish run overnight. The NFT markets are also looking good as the Forkast 500 index and the ETH composite are both […]

China’s top legal authority issued a commentary on Monday about the risks and potential in NFTs, highlighting the need for legislation.

Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies.

Internet sleuths unearth the first financial transaction on Bitcoin, showcasing the potential of NFTs.

Welcome to The Daily Forkast, May 16, 2023, presented by Megha Chaddah for the latest in the crypto markets. Bitcoin and other cryptocurrencies return to sideways trading apart from Litecoin, which has continued its bull run in the last 24 hours. In the NFT markets, a Bored Ape Yacht Club NFT sold for US$1 million […]

Welcome to The Daily Forkast, May 9, 2023, presented by Jeff Cheung for the latest in the crypto markets. Bitcoin and Ethereum prices are on the up to start the week off, and Litecoin has skyrocketed in the last 24 hours. The NFT markets are also starting the week off positively, with the Polygon NFT […]

NFTs were ready for takeoff this week and Elon Musk’s tweet blasted it off.

Welcome to The Daily Forkast – May 11, 2023 – presented by Jeff Cheung for the latest in the crypto markets. Bitcoin saw a minor spike in it’s price after the U.S. consumer price index for April was released, but dipped again as crypto exchanges Jane Street Group and Jump Crypto announced it would cease […]

Welcome to The Daily Forkast – May 10th, 2023 – presented by Jeff Cheung for the latest in the crypto markets. Bitcoin has seen a slight increase in its price tag as congestion in the Bitcoin networks eases, dropping transaction fees at the same time. However, the NFT markets are still looking a little gloomy […]

NFTs are changing in-game item ownership and value, yet the gaming industry remains skeptical. With microtransactions set to exceed $76 billion this year, it’s time for gamers to understand the benefits of NFT technology.

Welcome to The Daily Forkast – May 9, 2023 – presented by Jeff Cheung for the latest in the crypto markets. Bittrex U.S. has filed for bankruptcy after the Securities and Exchange Commission accused it of operating an unlicensed exchange a few weeks ago. Bitcoin and Ethereum, have continued to drop in prices as a […]

The startup, originally incubated by the South China Morning Post, has closed a financing round led by Blue Pool Capital and Animoca Ventures.

Welcome to The Daily Forkast, May 8, 2023, presented by Jeff Cheung for the latest in the crypto markets. Binance halted Bitcoin withdrawals twice today as a result of an influx of pending transactions and sky-rocketing fees. The Ethereum Foundation sold US$30 million worth of Ethereum to Kraken as well, leading to slight dips in […]

CryptoSlam introduces new wash trade metrics to help traders and professionals uncover the truth behind NFT sales volumes across major blockchains.

Nearly 60% of April NFT sales on Ethereum have been flagged as wash trades, with Blur marketplace’s token farming incentivizing the activity, CryptoSlam data shows.

Welcome to The Daily Forkast – May 4, 2023 – presented by Jeff Cheung. The Federal Reserve has increased interest rates by another 25 basis points again, leaving it at its highest levels since 2007. The crypto markets have been faring well despite this, with Bitcoin back to the US$29,000 levels and most other major […]

NFT prices and trading volume are dropping but this could be an indicator of a maturing market.

Sotheby’s, which accounts for 24% of global art auction sales, has launched an online secondary marketplace for its curated NFTs as the 279-year-old auction house for fine art expands its push into digital assets.

NFT IP allows traders to multiply their brands and grow. The Nakamigos collection has leveraged this advantage of the technology.

Mad Lads has been the best selling NFT collection in the world since its launch that was delayed last week due to a DDOS attack.

Welcome to The Daily Forkast – April 28, 2023 – presented by Megha Chaddah. The crypto markets end the week on a strong note after a difficult start, with most of the major cryptocurrencies trading in the green once again. The NFT markets had a tougher time today though, as most of the Forkast Indexes […]

Tensor topped Magic Eden’s sales volume on Wednesday afternoon in Hong Kong, giving it a brief stint as Solana’s top NFT marketplace. 

The culture of collecting unique digital assets may be here to stay, but data suggests that NFT prices may continue to fall.

A new memecoin craze is raising Ethereum transaction fees, but it’s also bringing new liquidity in for non-fungible tokens.

Leading auction house Sotheby’s said it will sell NFT artworks owned by the bankrupt crypto hedge fund Three Arrows Capital.

Former U.S. President Donald Trump’s second set of NFTs sold out within the first 24 hours since launch, according to the project’s website.

Former President Donald Trump’s NFT collection’s floor price may be dropping, but media coverage may extend his profits from the digital trading cards.

Former U.S. President Donald Trump has announced a second drop of his NFT trading cards, but the first collection’s price is sinking.

Cardano NFT ecosystem sees a significant decline as users sell off top-tier projects for newer ones, according to Forkast CAR NFT Composite.

Forkast Labs’ NFT indexes reveal Polygon’s US$3 million incentive to move y00ts over to its blockchain may have cost its users.

The NFT industry is gathering at New York for NFT.NYC, but the overloading frequency of events could be causing “event fatigue.”

OpenSea has reignited the marketplace battle by introducing its own pro tool. What’s in it for NFT traders?

Solana has introduced a solution that aims to reduce on-chain storage costs for non-fungible tokens (NFT).  See related article: Solana NFT sales surge as traders farm for Tensor rewards Fast facts See related article: DeGods begins migration to Ethereum

Bitcoin rose on Wednesday, moving above US$28,000. Ether, Matic and most other top 10 non-stablecoin tokens gained.

Polygon blockchain is gaining traction among traders with fast transactions, low gas fees and Ethereum’s provenance. From hosting popular games to partnering with major brands, Polygon’s versatility is one to watch.

Bitcoin and Ether rose during Asian trading hours on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Litecoin posting the biggest gains.

Bitcoin and Ether fell during Asian trading hours on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Binance’s BNB sustaining the biggest loss in the top 10.

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

The IRS intends to tax NFTs as collectibles in the U.S. and is soliciting public opinions on the proposal through June.

South Korean singer G-Dragon has launched an NFT collection on OpenSea in collaboration with Fandom Studio.