Bitcoin News
Elon Musk’s NFT rocket launch. What has he done to Milady?
NFTs were ready for takeoff this week and Elon Musk's tweet blasted it off.
Yehudah Petscher
Lens
FKETH Index Feature
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Altcoins
Ethereum had over US$635 mln in NFT wash trades in April, CryptoSlam reveals
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.
Yehudah Petscher
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NFT Marketplaces
Sotheby’s launches NFT marketplace for transactions on Ethereum, Polygon networks
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.
Timmy Shen
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Conference Summaries
NFT.NYC is back to deliver the Woodstock of NFTs
The NFT industry is gathering at New York for NFT.NYC, but the overloading frequency of events could be causing "event fatigue."
Yehudah Petscher
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NFT Marketplaces
Blur nemesis OpenSea releases OS Pro trading tools, Gemesis NFT
OpenSea has reignited the marketplace battle by introducing its own pro tool. What's in it for NFT traders?
Yehudah Petscher
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Altcoins
What impact will Ethereum’s Shanghai upgrade have on ETH and crypto markets?
Despite the potential sell pressures after Ethereum’s upcoming hard fork, it’s more likely that ETH stakers will hold for the longer term, writes Bill Xing of Bybit.
Bill Xing
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NFT Marketplaces
Most of NFT industry working on recycled liquidity, says Forkast Labs’ co-founder
NFT sales and market capitalization show rising investor activities, but recycled liquidity and wash trading may tell a different story, Forkast Labs co-CEO says.
Pradipta Mukherjee
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Altcoins
Ethereum validators win ‘short term’ as Blur, OpenSea rivalry drives up gas fees
Ethereum validators are benefiting from the increasingly heated competition between the two largest NFT marketplaces that is driving up gas fees, but the windfall may not last much longer.
Timmy Shen
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Upcoming NFT Projects
Momoguro NFTs sell out in 9 hours, generates US$7.6 mln of sales
Momoguro: Holoself, an Ethereum-native non-fungible token (NFT) collection launched by Emmy-winning animation studio, Baobab Studios, generated over 12,000 sales worth US$7.6 million on the first day of its launch, according to NFT data aggregator CryptoSlam. See related article: Weekly NFT sales drop, unique buyers surge amid Coinbase’s new NFT airdrop Fast facts See related article: […]
Zoltan Vardai
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NFT Marketplaces
Weekly NFT sales drop, unique buyers surge amid Coinbase’s new NFT airdrop
The number of unique buyers rose to an all-time high this week after crypto exchange Coinbase dropped free NFTs to celebrate the launch of its new Layer 2 network Base.
Timmy Shen
