US-based crypto users likely still have to pay taxes on NFTs, says CNBC
“If you exchange crypto for any other asset, you immediately recognize a capital gain or loss,” said Robert Frank. Go to Source Powered by WPeMatico
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Nifty News: Ja Rule’s Fyre Fest NFT, Trump tweet auction, Tron and Tezos muscle in
Nifty News is a round-up of all the NFT news that’s fit to print. Today: Ja Rule flogs Fyre Festival painting, dance moves are tokenized, and a new record price recorded for licensed NFT sports memorabilia. Go to Source Powered by WPeMatico
Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars
Telsa’s new Technoking, Elon Musk, said that he is selling a song about NFTs as a non-fungible token (NFT). Many people have expressed their interest in buying it on social media. Artist Beeple made him an offer for $69 million and bids for his tweet on Valuables are up to $1.121 million. Elon Musk Selling … Read more
Altcoins spike to new highs while Bitcoin bulls aim to recapture $57K
Terra (LUNA), Basic Attention Token and Cardano spiked to new highs as Bitcoin and Ethereum attempted to recover from their recent correction. Go to Source Powered by WPeMatico
Sotheby’s auction house is getting into the NFT game
The nonfungible token craze continues to proliferate. Go to Source Powered by WPeMatico
DC Comics Warns Freelancers Not to Participate in NFT Auctions Featuring the Company’s IP
DC Comics, the American comic book publisher may be getting into the non-fungible token (NFT) ecosystem in the future. The company is the oldest comic book publisher in the U.S. owning characters such as Superman, Batman, and Wonder Woman. In a letter dated on March 11, 2021, DC Comics’ senior VP of legal affairs wrote … Read more
Bitcoin bulls take a breather while BTC price slips below $55,000
Sellers pushed Bitcoin price below $55,000 even as record-high BTC futures open interest and optimism surrounding the issuance of $1,400 stimulus checks for Americans had traders anticipating a rally. Go to Source Powered by WPeMatico
Crypto user offers $100K for Elon Musk’s tweet on proposed NFT
“My offer to buy his tweet was a strategic move as well as just to laugh,” said the high bidder. Go to Source Powered by WPeMatico
Meet Qonos- A Purpose-Built Digital Frame for NFT Art and Collectibles
The non-fungible token (NFT) artwork and collectible ecosystem has exploded in recent months and just last week, a Beeple-crafted NFT sold for $69 million at the world-famous auction house Christie’s. As the NFT space swells, a new product has been launched called “Qonos,” a purpose-built digital display for NFT art and collectibles. The company’s initial … Read more
Electronic music pioneer Aphex Twin sells NFT for $127K in Ether
Aphex Twin has jumped on the NFT bandwagon by selling an audiovisual piece for nearly 72 Ether. Go to Source Powered by WPeMatico
