Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
NFT
DYP to Launch “Cats and Watches Society” NFT Collection This Week
Yield farming aggregator platform Defi Yield Protocol (DYP) has announced its new NFT collection’s upcoming launch on April 13th. The collection will include prizes, features, and utilities that its creators hope will make it as big as Bored Ape Yacht Club. Cats and Watches Society The NFTs – collectively branded as the “Cats and Watches Society” (CAWS) – feature randomly generated cats with 235 different attributes. They exist on the Ethereum blockchain as ERC-721 tokens, hosted by the InterPlanetary File…
3 years ago
Is Activision Planning NFT Inclusion in the Next Call of Duty Games?
There is no way to avoid NFTs if you've been on the internet recently. Some view them as the future of technology, while others regard them as potential fraud. NFTs had great success in 2021, which is probably because of their natural integration with Metaverse projects. It is not surprising that many important companies (even outside of the gaming world) have decided to invest in the Metaverse. Rumors claim that Activision may be the latest company to join this trend…
3 years ago
13-Year-Old Girl Amasses Nearly $7 Million From Selling NFTs
13-year-old digital artist, Nyla Hayes is fast building a multimillion-dollar empire by selling her artworks as NFTs. Her illustrations depict both everyday women and famous women as having long necks. Nyla has featured prominent women in her pieces like former US First Lady, Michelle Obama and former Associate Justice of the US Supreme Court, Ruth Bader Ginsburg. Her works are on the NFT marketplace Opensea and have recorded sales of thousands of dollars. In March, her “Long Neckie Lady” sold…
3 years ago
Azuki Airdrop: Scammers Use Hijacked Verified Twitter Accounts to Steal NFTs
Scammers posing as Azuki creators are taking over verified Twitter handles to promote a fake NFT airdrop. Twitter accounts affected include those belonging to several journalists and media professionals. After hijacking an account, the scammer edits the profile text and images, disguising the handle as one belonging to a co-creator of Azuki. Afterward, the scammer proceeds to make a tweet promising a “secret airdrop” of Beanz, a collection of 20,000 NFTs that airdropped for free to Azuki holders on March…
3 years ago
Starbucks To Launch NFT By Late 2022
Starbucks CEO Howard Schultz held a town hall meeting geared at the company's employees on Monday. He took this opportunity to unveil a development he thought would thrill them: cryptocurrency. Schultz is returning to the corporation amid internal problems for his third stint as CEO. He declared that Starbucks would enter the NFT business by year-end at the meeting. The CEO has led the firm for more than two decades until turning over the CEO reins to Johnson in 2017.…
3 years ago
Reports Suggest NFTs Might Be On a Decline
According to recent indicators, the NFT space might be in steady decline, unlike earlier predictions of skyrocketing growth. Trading volumes on NFT marketplaces are sharply decreasing. This is in contrast to the previous year, which sometimes set almost impossible records. 2021 saw the auction of Beeple's Everyday: The First 5000 Days project (valued at $69M) to the impressive sales of Bored Apes #3739 and #8585. While there are concerns that the NFT industry might be waning in influence, most market…
3 years ago
CryptoSnoos: Reddit’s Crypto NFT Integration Still in Test
Reddit continues its integration of CryptoSnoos, a collection of four NFT avatars, on its platform. The Ethereum-based NFTs were each auctioned for up to $400,000 to be used as Reddit avatars. One of Reddit’s NFT avatars still sees activity, despite its initial introduction in June 2021. The continued scarcity of these collectibles suggests that Reddit may still be testing this integration before producing more avatars or allowing users to mint and use their own NFTs on the platform. Redditors with…
3 years ago
AtlasNavi – The First AI Drive-to-Earn Navigation App
AtlasNavi is a navigation app that uses AI and smartphone cameras to identify road conditions ahead, such as traffic jams, accidents, police blocks, parking, and more. Its goal is to revolutionize the road navigation experience and redefine the way people drive. Blockchain technology is steadily infiltrating every industry and market we have with once-unbelievable applications. However, some sectors, such as the auto gaming industry, remain uncharted. Currently, this field lacks an authentic digital connection between auto brands and their fans.…
3 years ago
Liverpool FC will Offer New NFT Superheroes
Liverpool FC, one of the biggest soccer clubs in the world, will soon unveil its first-ever NFT collection. This move comes amid the rapid growth of NFTs in the sports industry. Sotheby’s to Auction LFC NFTs Liverpool FC has reached an agreement with Sotheby's, the world's oldest auction house, to launch their new NFT collections. This collection will include "Legendary" NFTs as well as limited edition "Hero" NFTs. [caption id="attachment_319282" align="aligncenter" width="960"] An NFT image of LFC's goalkeeper, Alisson Becker.…
3 years ago