Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius 2024 Financial Planning Survey has found. The survey report asserts that Baby Boomers have “benefited greatly from housing wealth,” which now accounts for nearly half of their wealth. Boomers Least Interested in NFTs According to […]A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks
Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius 2024 Financial Planning Survey has found. The survey report asserts that Baby Boomers have “benefited greatly from housing wealth,” which now accounts for nearly half of their wealth. Boomers Least Interested in NFTs According to […]
Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world assets and NFTs with built-in utility. […]
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces of Organic NFT Sales and Wash Volume Across Several […]
In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions by May 18, 2024. Binance NFT Marketplace to End Ordinal […]
On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which was clinched 16 days earlier for 4,500 ETH or $16,010,724. The record for the priciest […]
Starbucks has said it will discontinue its Odyssey non-fungible token beta program and members “have until March 25, 2024, to complete any remaining journeys.” Starbucks stated on its FAQ page that it will keep its NFT community in mind and is working to find a place for its members to connect in the future. Starbucks […]
On Thursday, the creators of the Immutable X-powered non-fungible token (NFT) game Gods Unchained announced that the game is now accessible on mobile devices. The Gods Unchained application has made its debut on both the Google Play Store and Apple’s App Store across the globe. God’s Unchained Launches Mobile Application The popular play-to-earn strategy card […]
Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible token (NFT) marketplace SBINFT, has said. Ko conceded however that many of these companies are still in the “trial-and-error stage,” […]
Many have already pronounced the death of NFTs, and in part, they are correct. Amidst the fervor of the NFT hype cycle, we saw huge valuations and sales such as Beeple’s ‘The 5000 Days’ collection selling for a staggering $69.3 million. However, not substantiated by anything beyond the hype, the market came crashing down with […]
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team plans to integrate into the Yuga framework. Moonbirds NFT […]