News from the world of cryptocurrency
Non-fungible tokens (NFTs) have gained cultural relevance and popularity recently. The NFT industry saw dramatic growth in 2021, attracting investors to the new way to own digital arts. Analysts believe the sector will continue to flourish, with many new NFTs…
Legendary musician Snoop Dogg extended his strides into the metaverse and non-fungible tokens worlds, applying for trademarks for different products. Calvin Broadus, whose stage name is Snoop Dogg, filed for UNCLE SNOOP’S and UNCLE SNOOP with the USPTO (the United…
Bored Ape Yacht Club’s ApeCoin is now nothing beyond fantasy as APE has no utility besides being a governance coin. Moreover, the altcoin had its investors losing over 98% within four months of its launch. Going to a Prehistoric State?…
The past week had the cumulative value of all digital currencies losing $369 billion. Meanwhile, Ethereum suffered the most as far as top-ten weekly performance is concerned. The question remains, what was against Ethereum as it declined to new June…
All you need is to connect your cryptocurrency wallet to the Coinbase NFT marketplace and bid with Ether in your wallet to purchase and sell non-fungible tokens on Coinbase. The rapid growth of NFT collections has seen non-fungible token marketplaces…
The non-fungible token markets take a massive hit as the broad crypto market sees extended turmoil with plummets beneath the $1T value area. Reports from Bloomberg suggest the NFT Index, which tracks weighted by every NFT circulating supply and performance,…
The broad market saw a bloodbath on Sunday morning, presenting massive liquidations. The latest drawdown didn’t spare any token. Sandbox’s declines below $1.2 opened the road towards a monthly low at this publication. Buyers will likely respond to this massive…
Many NFTs are the same as mainstream electronic currencies such as Bitcoin, Ethereum, and Dogecoin. Due to the NFT’s representation as digital assets, they utilize the blockchain’s capabilities. By doing so, NFTs can be exchanged from one wallet to another…
You can purchase & sell memes to earn impressive returns. Latest reports suggest Doge meme NFT sold for $4M. Also, the ‘Overly Attached Girlfriend’ sold for $411K in Ethereum, highlighting the massive profits such deals can make. Individuals have considered…
Client relations management firm Salesforce launches an NFT marketplace to support brand engagement. The software company will control ‘smart’ contracts and security on behalf of clients. Salesforce’s connection with non-fungible tokens started when Marc Benioff’s Time magazine jumped into the…