In this week’s newsletter, read about investment giant Fidelity planning to enter the nonfungible token (NFT) space and how Italy’s NFT market will grow. Check out how North Korean hackers use phishing websites to target NFT holders and listen to a conversation with Crypto Raiders in the NFT Steez podcast. And, don’t forget this week’s Nifty News featuring Japanese gaming…
After the market skyrocketed in 2021, NFTs became even more ubiquitous in 2022 as creators, brands, and celebrities embraced Web3. But amid the sometimes overwhelming glut of projects, only a handful stood out as being truly impactful and memorable for more than just headline-grabbing dollar values. Which NFT projects were the most innovative, and which leveraged the technology in unique,…
gm: Zora Looks Beyond NFTs to DAO Creation Zora sees itself as more than just an NFT marketplace; its next era is about helping people easily launch a DAO. Zora Co-founder Jacob Horne joined Dan Roberts and Andrew Hayward to talk competition, the NFT speculative boom and bust, how Zora and Nouns are connected, and why Zora thinks DAOs are…
Bitcoin (BTC) is not about to bottom at just below $17,000, new analysis warns as bid liquidity dries up. In social media posts after Christmas, on-chain analytics resource Material Indicators flagged waning interest in protecting the current BTC price range. Binance order book leaves “not much to be excited about” With volatility still largely absent from Bitcoin markets, analysts are…
In brief Solana (SOL) fell below $10 early this morning for the first time since February 2021. The cryptocurrency has shed 94% of its value since the beginning of 2022. Even with the prices for top cryptocurrencies like Bitcoin and Ethereum sitting relatively stable over the last month, Solana has continued to bleed out. Early this morning, the once-surging altcoin…
A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather than the failed company. Customers Sue FTX, SBF for Priority…
Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control. Source: https://cointelegraph.com/news/price-analysis-12-28-btc-eth-bnb-xrp-doge-ada-matic-dot-ltc-uni
This year will haunt the crypto industry for years to come, with scores of high-profile firms going bust or reducing their headcount and prices of major digital currencies plummeting. The festive period offers a chance to reflect on the highs and (mostly) lows of the year. In our two-part review of crypto’s year, part one takes a look back at…
According to a new filing with the U.S. Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoins (BTC) at an average price of $17,181 for a total of $42.8 million during the period Nov. 1 and Dec. 21. Subsequent to the development, the company sold 704 BTC at $16,776 per coin for a total of…
In brief MicroStrategy, the largest corporate Bitcoin holder, has added approximately 2,500 BTC to its reserves since November 1. That tally includes a sale of BTC on December 22 for potential tax benefits—the first sale since it started accumulating Bitcoin in 2020. American software company MicroStrategy, the largest corporate holder of Bitcoin reserves, disclosed on Wednesday that it sold some…
