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“# Tezos risks correction below record high with XTZ rallying 250% since July ” A recent price boom in the Tezos (XTZ) market risks exhaustion as it triggers a classic bearish pattern. Dubbed as Ascending Broadening Wedge, the pattern develops when the price oscillates between two upward but diverging trendlines. According to its creator Thomas…
“# Marvel and DC bar comic book artists from selling superhero NFTs ” Marvel and DC seem to be breaking away from the established tradition of allowing creators and artists to sell original prints of published works due to their reported plans for entry into the nonfungible token (NFT) space. According to Bloomberg, the two…
“# Project Dawn initiative and upcoming mainnet upgrade back LUNA’s new ATH ” In the last 24-hours, Terra (LUNA), a blockchain protocol focused on building a global payments system powered by the UST stablecoin, rallied to a new all-time high at $45. LUNA/USDT 1-day chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows…
“# Trippy Bunny NFT donates 100% of mint proceeds to suicide prevention foundation ” Trippy Bunny NFT, a new nonfungible token project built on Solana, has announced that it is donating all of its mint sale proceeds to the American Foundation for Suicide Prevention. The announcement was made on Suicide Prevention Day, a global awareness…
“# NFT space is an exciting challenge to remain competitive, says Sean Kelly ” Chibi Dinos are a collection of 10,000 unique dinosaur-themed non-fungible tokens, or NFTs. The chibis — a phrase denoting the Japanese slang word for small — have been adopted by a variety of artists to portray short, big-headed caricature figures. The…
“# Novi-FT? Facebook’s NFT support may not drive crypto adoption ” Nonfungible tokens (NFT) have enjoyed quick adoption across the entertainment, media and sports space as the biggest brands, companies and individuals look to gain first-mover advantage in creating their own digital collectibles. These have come in myriad forms, and much like blockchain technology was…
“# Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms ” In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon where new competitors regularly join in on the race. Bitcoin is…
“# Open Sea’s NFT volume down 50% after monumental surge in August ” Following a colossal surge of $4B sales volume throughout the month of August for the leading non-fungible token, or NFT, marketplace OpenSea, recent figures indicate a metaphoric return to earth after a propulsion to the mighty heights of the moon. NFT marketplaces…
“# Finance Redefined: DeFi’s $4M lobsters and Solana gaming, Sept. 6–10 ” Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds. While we ponder a feasible battleground for that mammalian–invertebrate combat,…
“# Chinese Communist Party warn of NFT hype bubble ” According to local sources, the Chinese government has released a series of statements denouncing the value of the non-fungible token, or NFT, market, despite two of the nation’s major tech firms pursuing the technology. The story was first released locally by the Securities Times —…