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Yuga Labs’ Embrace of Bitcoin NFTs Is a Big Deal
Uncategorized

Yuga Labs’ Embrace of Bitcoin NFTs Is a Big Deal

Yuga's embrace of Ordinals is just a catalyst for embers that were already burning. Last year, for instance, Trust Machines, a startup looking to build the bitcoin ecosystem, raised $150…

0 Comments
March 8, 2023
Bored Ape-Parent Yuga Labs’ Next NFTs Will Live on Bitcoin Blockchain
Uncategorized

Bored Ape-Parent Yuga Labs’ Next NFTs Will Live on Bitcoin Blockchain

Called TwelveFold, the collection will feature 300 generative art NFTs created by Yuga Labs placed on a 12x12 grid, which serves as “a visual allegory for the cartography of data…

0 Comments
February 28, 2023
Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money
Uncategorized

Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money

While it might seem scary, I doubt Ordinals will create that much friction and division within Bitcoin. Even if it did, one could be passive and simply let the market…

0 Comments
February 18, 2023
Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs
Uncategorized

Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs

Whilst some of those against Ordinals cite the possibility of a rise of transaction fees as a reason to oppose them, CryptoQuant notes that an uptick in demand for block…

0 Comments
February 9, 2023
How Bitcoin NFTs Might Accidentally Fix Bitcoin’s Security Budget
Uncategorized

How Bitcoin NFTs Might Accidentally Fix Bitcoin’s Security Budget

For those lucky enough to be unfamiliar with the politics of Crypto Twitter, you should know this has stirred up a fiery controversy. There are many Bitcoin influencer types who…

0 Comments
February 7, 2023
Music NFTs and Taxes: A Web3 Taxation Guide
Uncategorized

Music NFTs and Taxes: A Web3 Taxation Guide

Okay, first things first. The basics. Creating (a.k.a. minting) an NFT is not a taxable event. If you create an NFT (a 1:1 or a 10K-strong collection) and no one…

0 Comments
November 16, 2022
Altcoins

NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar

October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows the market…

0 Comments
November 6, 2022
MATIC Rally Gathers Speed as Meta Announces Polygon-Powered NFTs, Chart Signals Golden Cross
Uncategorized

MATIC Rally Gathers Speed as Meta Announces Polygon-Powered NFTs, Chart Signals Golden Cross

"The Meta announcement has brought attention to MATIC and [AR], and traders seem to be pairing long positions in these coins with short [sell] positions in perpetual futures tied to…

0 Comments
November 6, 2022
Market Analysis

Andy Warhol would have loved (or possibly hated) NFTs – Cointelegraph Magazine

If Andy Warhol — the most famous artist of the 20th century — were alive today, he would make NFTs. The reasoning is simple: because for Warhol, business was art.…

0 Comments
November 1, 2022
The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs’ Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
Uncategorized

The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs’ Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop

After climbing promisingly earlier this week, equity markets returned to a more familiar slog with the Nasdaq, S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.7, 1% and 1.1%,…

0 Comments
October 7, 2022
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