Despite the bleak NFT action in 2022, trends continue to emerge from this market for two main guests. Firstly, Ethereum [ETH], the king altcoins and Solana [SOL], the so-called ‘Ethereum killer’. But did this killer have the strength to beat the king within the NFT battleground? All hail the King Was ETH really the king […]
, the so-called ‘Ethereum killer’. But did this killer have the strength to beat the king within the NFT battleground?Was ETH really the king within the NFT market at press time? The press time statistics stated a different picture. Ethereum’s NFT volume in terms of dollar
from January, with average sales less than $1 billion per month in Q3. Simply put, sales averaged less than $1 billion per month in Q3 as compared to $4.6 billion in Q2.for NFTs, but also a drop in ETH’s price which most NFTs use as their base currency. Here’s another surprise for the ETH NFT clan — but this time a good one indeed. Azuki, unlike other digital collectibles, saw a significant spark in sales volume due to the latest release. Following the release, the sales volumeIn fact, it stood at the #1 spot on both CryptoSlam and OpenSea, the largest NFT market places.The popular NFT project Azuki released the PBT to bind real objects to the blockchain.
Introducing the Physical Backed Token : an open source token standard tying a physical item to a digital token on the Ethereum blockchain.
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Ethereum may finally have some good news for investors, however ETH may notEthereum [ETH], which was the second-largest proof-of-work network, switched to proof of stake due to the Ethereum merge. This led to ETH 2.0, a proof-of-stake network, where stakers took the place of miners to validate network transactions. ___________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2022-23 ____________________________________________________________________________________ Data from intelligence platform Glassnode showed that […]
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BNB Chain’s NFT front painted a green picture, but this metric spilled redBNB Chain’s NFTs may haven’t experienced the same traction as NFTs built on other platforms. However, this scenario may change. The BNBchain NFT community may start showing signs of growth as chain’s top NFT collections witnessed some traction. PancakeSwap Squad and Mobox observed significant growth in the past few days. This could lead to a […]
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Chainlink: Can ETH whales help LINK break its bear shackles in the days to comeChainlink [LINK] recently made it into the news for releasing its latest update, the Chainlink node software version 1.9.0. This update would make node management easier and increase the capability and flexibility of Oracle jobs. Chainlink node software version 1.9.0 is now available 🏗️ This update makes node management easier and increases the capability and […]
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Australia’s ASIC clamps down on three BTC, ETH, FIL-centric fundsDue to non-compliant target market determinations, Australia’s primary financial market regulator has issued temporary stop orders on three cryptocurrency-related funds that were going to be made available to retail investors (TMDs). The Australian Securities and Investments Commission (ASIC) announced in a media statement that it has issued interim stop orders against asset management firm Holon’s […]
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Will Solana’s Monday blues wipe out SOL’s attempts at making short bull runsSolana [SOL] has been on the receiving end of a lot of criticism from the crypto community for its downtime debacle. However, the cryptocurrency may have trusted the NFT market as its saving grace. Recently, one of the largest NFT marketplaces, Magic Eden on Solana launched a new update. __________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for […]
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197 NFTs stolen from LiveArtX as floor price falls throughLiveArtX has become the latest Web3 firm to fall victim to a hack this month. The NFT platform saw dozens of its Meta-morphic: Seven Treasures Collection NFTs being stolen after the platform’s Treasury and Campaign Wallet were compromised. Details of the hack The hacker got away with as many as 197 Mystery Boxes (NFTs) that […]
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