Tag: NFT

Swiss Seba Bank launches NFT custody despite market decline

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The decline of the nonfungible tokens (NFT) market doesn’t seem to be a problem for the Swiss cryptocurrency-focused bank Seba as the firm now allows its customers to store NFTs. Seba Bank has launched a regulated custody platform allowing its clients to store NFTs, the firm officially announced on Oct. 26. The NFT custody solution enables Seba Bank’s retail and institutional clients to store any Ethereum-based NFTs, including tokens from world-famous NFT collections like Bored Apes and CryptoPunks, the firm said. “There is no marketplace integration with Seba Bank at…

Ethereum's Strange Price Action Explained! (Will Struggle Continue?)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today we will be discussing the merge and Ethereum dumping under $1500 promptly after!? Next we’ll talk about the bright future ahead of ETh and planned upcoming coming over the next few months, and last we’ll look at what will become of Ethereum miners! Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts Miss Teen Crypto, Crypto Blood, Mineyourbiz, & Steve McGarry. Tune in for their insightful crypto analysis. Miss Teen…

Quik․com Offers Registry of ․metaverse ․web3 and 8 Other NFT Domain TLDs – Sponsored Bitcoin News

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sponsored Did you know? Due to the decentralized nature of NFT domains, users can host decentralized websites with legitimate ownership, control, and management access. Only the NFT domain owner is capable of making modifications to the domain, which also gets rid of third-party interference and centralized control. But what is Quik.com doing here? Quik.com serves as the portal of entry to this decentralized feature of the decentralized future by offering an exclusive registry of the .metaverse domains and .web3 domains extensions as well as 8 other NFT domain TLDs, giving…

Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million – Blockchain Bitcoin News

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Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain wallet. Demand for Reddit’s Collectible NFT Avatars Skyrockets — $5 Million in Secondary Sales Sold Across 20,000 Sales During the first week of July, Reddit revealed the company had plans to release blockchain-backed avatars that…

New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges

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Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs. The new rules confirm how NFT purchases will be taxed and what they can and can’t be used for, while also clarifying rules around when a crypto exchange app can be listed.  The Oct. 24 update to its App Store guidelines saw language added that allows fo in-app purchases of NFTs, but bars any NFTs acquired elsewhere to be used for anything other than…

Reddit NFT trading volume hits all-time high as wallet holders near 3 million

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According to data provided by Polygon and Dune Analytics, the trading volume of Reddit nonfungible token (NFT) avatars has eclipsed $1.5 million in the past 24 hours. The increase represents over one-third of the collection’s cumulative trading volume of $4.1 million since launch. At the same time, the daily sales volume of Reddit NFTs also witnessed a new all-time high of 3,780 digital collectibles changing hands. Reddit avatars are created by independent artists and are minted as NFTs on the Polygon blockchain. Users can purchase such collectibles on Vault, Reddit’s…

Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT

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Rishi Sunak is set to become prime minister of the United Kingdom within days. Sunak was defeated for the top government post by Liz Truss on Sept. 5, but she resigned after 45 days in office. Indications so far are that his selection for the office is good news for the crypto industry. Sunak was chancellor of the exchequer, or head of the treasury, from early 2020 to July 5, when he resigned during a scandal that shook Boris Johnson’s government. In that time, Sunak repeatedly voiced his support for…

Moonbirds Holders Exploring Options for Chronocatz NFT Investments

Place/Date: – October 24th, 2022 at 2:45 pm UTC · 3 min read Source: Chronocatz Photo: Chronocatz The crypto market has seen the entry of several NFT-based projects since 2021. However, two artwork-based NFT projects – Moonbirds and Chronocatz – are in the limelight, currently. Investors are evaluating both projects. However, market bulls favor Chronocatz due to its real-world utility and stable business roadmap. If you are new to NFT investment, Chronocatz could make you fortunes. Moonbird Still in Demand but Not as Convincing as Earlier Moonbirds are a collection…

While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week – Markets and Prices Bitcoin News

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During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record a Slight Increase, Number of NFT Transactions Slides 19% Lower While NFT sales are a lot lower than they were a few months ago, this past week with $85,068,480 in sales volume according to cryptoslam.io, NFT sales…