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Your daily dose of Web3 news 🌐
1⃣ Mastercard's UEFA Champions League Game NFT Pass
2⃣ MicroStrategy now holds 190K BTC
3⃣ CryptoPunks Announce Artist in Residence Program
4⃣ Bitsonic Chief Sentenced for Crypto Theft
5⃣ Judge Approves BlockFi and 3AC Settlement
#Write2Earn #mastercard #btc #cryptopunks #microstrategy
Your daily dose of Web3 news 🌐
1⃣ Mastercard's UEFA Champions League Game NFT Pass
2⃣ MicroStrategy now holds 190K BTC
3⃣ CryptoPunks Announce Artist in Residence Program
4⃣ Bitsonic Chief Sentenced for Crypto Theft
5⃣ Judge Approves BlockFi and 3AC Settlement
#Write2Earn #mastercard #btc #cryptopunks #microstrategy
🟡 NFT trader faces criminal charges — $13M profit from CryptoPunks hidden from tax authorities
• American Waylon Wilcox pleaded guilty to concealing nearly $13 million in profits from NFT transactions from the CryptoPunks collection
• In 2021-2022, he understated his income by millions — in 2021 he sold 62 NFTs for a profit of $7.4 million, and in 2022 another 35 for $4.9 million
• When filing tax returns, he claimed that he had not conducted digital asset transactions — which turned out to be a lie
• He now faces up to 6 years in prison, a hefty fine, and supervision after release
• This is one of the first major cases where the IRS and U.S. prosecutors are targeting NFT speculators
🟡 For the cryptocurrency market as a whole — a signal that the IRS is tightening control, especially against the backdrop of new rules for DeFi and CEX, effective from 2024
📢 Stop chasing the market — start outpacing it 💼
#bitcoin #crypto #NFT #CryptoPunks #IRS
• American Waylon Wilcox pleaded guilty to concealing nearly $13 million in profits from NFT transactions from the CryptoPunks collection
• In 2021-2022, he understated his income by millions — in 2021 he sold 62 NFTs for a profit of $7.4 million, and in 2022 another 35 for $4.9 million
• When filing tax returns, he claimed that he had not conducted digital asset transactions — which turned out to be a lie
• He now faces up to 6 years in prison, a hefty fine, and supervision after release
• This is one of the first major cases where the IRS and U.S. prosecutors are targeting NFT speculators
🟡 For the cryptocurrency market as a whole — a signal that the IRS is tightening control, especially against the backdrop of new rules for DeFi and CEX, effective from 2024
📢 Stop chasing the market — start outpacing it 💼
#bitcoin #crypto #NFT #CryptoPunks #IRS
TOP #NFT COLLECTIONS BY WEEKLY SALES VOLUME
#Courtyard #DMarket #CryptoPunks #GuildofGuardians #PudgyPenguins #BoredApeYachtClub #Panini #OrdinalMaxiBiz #Sorare #MiladyMaker #SolanaMonkeyBusiness #DogeZuki
#Courtyard #DMarket #CryptoPunks #GuildofGuardians #PudgyPenguins #BoredApeYachtClub #Panini #OrdinalMaxiBiz #Sorare #MiladyMaker #SolanaMonkeyBusiness #DogeZuki
TOP #NFT SALES IN THE LAST 7D
Among the largest sales in the last 7D are:
#CryptoPunks
Largest Sale: CryptoPunk #9723 - $206.07K
Among the largest sales in the last 7D are:
#CryptoPunks
Largest Sale: CryptoPunk #9723 - $206.07K
NFT: The Magical Realism of the Digital World, Your Avatar Might Be More Expensive Than Your House!
From a cat to a house, how is NFT driving the world crazy?
Do you remember the 'CryptoKitties' that sold for millions of dollars in 2017? Yes, it's that pixelated cat that looks like it was drawn with Windows 95. At the time, everyone thought the world was crazy - a virtual cat was actually more expensive than a real cat! But who would have thought this was just the beginning of the magical realism of NFTs (non-fungible tokens).
Now, NFTs have evolved from 'CryptoKitties' to 'crypto art', 'crypto real estate', and even 'crypto socks'. Yes, you heard it right, socks can also be NFT-ed, and the price might be more expensive than all the socks in your wardrobe combined. Today, let's talk about this NFT world that has driven countless people crazy and puzzled many others.
Do you remember the 'CryptoKitties' that sold for millions of dollars in 2017? Yes, it's that pixelated cat that looks like it was drawn with Windows 95. At the time, everyone thought the world was crazy - a virtual cat was actually more expensive than a real cat! But who would have thought this was just the beginning of the magical realism of NFTs (non-fungible tokens).
Now, NFTs have evolved from 'CryptoKitties' to 'crypto art', 'crypto real estate', and even 'crypto socks'. Yes, you heard it right, socks can also be NFT-ed, and the price might be more expensive than all the socks in your wardrobe combined. Today, let's talk about this NFT world that has driven countless people crazy and puzzled many others.
A Conversation with Matt and John of Larva Labs
Quine created by Matt Hall and John Watkinson of Larva Labs - they are also the duo behind CryptoPunks, Autoglyphs, and Meebits - has pushed generative art to new heights, beautifully concluding the Art Blocks Curated series.
This series has long represented the pinnacle of generative art, showcasing projects that embody world-class innovation, technical rigor, and aesthetic beauty. Through Quine, Larva Labs transforms the concept of a 'quine' (a self-replicating program) from computer science into a self-referential visual system, presenting the algorithm itself as a work of art. This project continues the studio's obsession with minimalism, structure, and the beauty of code.
This series has long represented the pinnacle of generative art, showcasing projects that embody world-class innovation, technical rigor, and aesthetic beauty. Through Quine, Larva Labs transforms the concept of a 'quine' (a self-replicating program) from computer science into a self-referential visual system, presenting the algorithm itself as a work of art. This project continues the studio's obsession with minimalism, structure, and the beauty of code.
🔼#CryptoPunks floor is up 15%, now at $175K.
One trader swept 76 #NFTs for $13.5M, sending volume up 11,000%.
Looks like some figured $ETH strength might spill over into blue-chip #NFTs.
Turns out, Punks not dead.
One trader swept 76 #NFTs for $13.5M, sending volume up 11,000%.
Looks like some figured $ETH strength might spill over into blue-chip #NFTs.
Turns out, Punks not dead.
TOP #NFT SALES IN THE LAST 7D
Among the largest sales in the last 7D are:
#CryptoPunks
#Autoglyphs
Largest Sale: CryptoPunk #6634 - $432.19k
Among the largest sales in the last 7D are:
#CryptoPunks
#Autoglyphs
Largest Sale: CryptoPunk #6634 - $432.19k
Chat with gmoney
Founded in 2022 by gmoney, 9dcc aims to “reinterpret centuries-old brand traditions while delivering fresh take on fashion for digital-first consumers whose perspectives on fashion and design align with gmoney’s vision for timeless style.”
COLLECTION 01 by 9dcc is the first fully on-chain fashion collection, seamlessly integrating physical products with digital experiences.
In this Q&A, gmoney discusses how he merges the physical and digital sides of fashion, as well as 9dcc’s upcoming Black Box casting, which launches on December 18th.
COLLECTION 01 by 9dcc is the first fully on-chain fashion collection, seamlessly integrating physical products with digital experiences.
In this Q&A, gmoney discusses how he merges the physical and digital sides of fashion, as well as 9dcc’s upcoming Black Box casting, which launches on December 18th.
TOP #NFT SALES IN THE LAST 7D
Among the largest sales in the last 7D are:
#CryptoPunks
Largest Sale: CryptoPunk #1925 - $546.31K
Among the largest sales in the last 7D are:
#CryptoPunks
Largest Sale: CryptoPunk #1925 - $546.31K
TOP #NFT SALES IN THE LAST 7D
Among the largest sales in the last 7D are:
#CryptoPunks
Largest Sale: CryptoPunk #3677 - $308.40K
Among the largest sales in the last 7D are:
#CryptoPunks
Largest Sale: CryptoPunk #3677 - $308.40K
NFT FEVER UNLEASHED
Whale invests $4.3 Million in #CryptoPunks while the market explodes by 66% in 30 Days
Has the Great Resurgence of Digital Art Begun?
The Non-Fungible Tokens market #nft is experiencing a dramatic resurgence, driven by "whale" activity that is pushing prices and volumes up. A single buyer has made a massive investment, spending over $2.9 million on six rare CryptoPunks featuring the coveted hoodie trait, deepening this bullish trend.
The purchase, executed in rapid succession on the NFT market OpenSea, occurred against a backdrop of widespread increases in the minimum prices of major collections. In the last 30 days, CoinGecko data reveals that:
CryptoPunks rose 29%, reaching nearly 51 ETH (around $190,000).
#PudgyPenguins experienced an impressive increase of 66.7%.
Bored Ape Yacht Club saw an increase of 9.8%.
The auction of the hoodies stands out because a single buyer acquired all these #NFT rare ones, elevating their personal collection to a total of 12 CryptoPunks.
CoinGecko market data confirms that the total NFT market capitalization increased an astounding 66% in the last 30 days, reaching $6 billion. The CryptoPunks resurgence has been so significant that its market share exceeded 30%.
Despite this remarkable rebound, it's important to contextualize that the NFT sector is still well below the boom of 2021 and 2022, when market capitalization peaked at $16.6 billion. However, the recent capital injection and price increases suggest renewed interest and optimism in the space.
#altcoins $PENGU
Whale invests $4.3 Million in #CryptoPunks while the market explodes by 66% in 30 Days
Has the Great Resurgence of Digital Art Begun?
The Non-Fungible Tokens market #nft is experiencing a dramatic resurgence, driven by "whale" activity that is pushing prices and volumes up. A single buyer has made a massive investment, spending over $2.9 million on six rare CryptoPunks featuring the coveted hoodie trait, deepening this bullish trend.
The purchase, executed in rapid succession on the NFT market OpenSea, occurred against a backdrop of widespread increases in the minimum prices of major collections. In the last 30 days, CoinGecko data reveals that:
CryptoPunks rose 29%, reaching nearly 51 ETH (around $190,000).
#PudgyPenguins experienced an impressive increase of 66.7%.
Bored Ape Yacht Club saw an increase of 9.8%.
The auction of the hoodies stands out because a single buyer acquired all these #NFT rare ones, elevating their personal collection to a total of 12 CryptoPunks.
CoinGecko market data confirms that the total NFT market capitalization increased an astounding 66% in the last 30 days, reaching $6 billion. The CryptoPunks resurgence has been so significant that its market share exceeded 30%.
Despite this remarkable rebound, it's important to contextualize that the NFT sector is still well below the boom of 2021 and 2022, when market capitalization peaked at $16.6 billion. However, the recent capital injection and price increases suggest renewed interest and optimism in the space.
#altcoins $PENGU
TOP #NFT SALES IN THE LAST 7D
Among the largest sales in the last 7D are:
#PudgyPenguins
#CryptoPunks
Largest Sale: Pudgy Penguin #4039 - $202.45K
Among the largest sales in the last 7D are:
#PudgyPenguins
#CryptoPunks
Largest Sale: Pudgy Penguin #4039 - $202.45K
new NFT Project 'SomniaCAR x CryptoPunks' on Somnia:
⛓ Contract Address: 0x9fbB027F57B5078e20CaC01d0f5e88dC0000aE74
🌏 Minting Page: somniacar-x-cryptopunks.nfts2.me
#Somnia $SOMI @Somnia Official #cryptopunks @cryptopunksnfts #nft #SomniaRacing
⛓ Contract Address: 0x9fbB027F57B5078e20CaC01d0f5e88dC0000aE74
🌏 Minting Page: somniacar-x-cryptopunks.nfts2.me
#Somnia $SOMI @Somnia Official #cryptopunks @cryptopunksnfts #nft #SomniaRacing
TOP #NFT SALES IN THE LAST 7D
Among the largest sales in the last 7D are:
#CryptoPunks
Largest Sale: CryptoPunk #2550 - $332.77k
Among the largest sales in the last 7D are:
#CryptoPunks
Largest Sale: CryptoPunk #2550 - $332.77k
Who benefits most from NFT adoption?
NFT hype peaked in 2021, with record sales and celebrity promotion, however, market and global attention declined throughout 2022 as trading volumes and floor prices fell, a downturn that led some to question the applicability of NFT technology itself.
However, NFTs are far from dead, and their development continues, albeit in a less speculative direction than provocative digital art. Now, more functional types of NFTs are emerging, with some industries using them for gaming, virtual real estate, tokenization of physical assets, and more. In this article, we’ll look at some of the applications of NFTs and why they are far from dead.
However, NFTs are far from dead, and their development continues, albeit in a less speculative direction than provocative digital art. Now, more functional types of NFTs are emerging, with some industries using them for gaming, virtual real estate, tokenization of physical assets, and more. In this article, we’ll look at some of the applications of NFTs and why they are far from dead.
🎨💥 Boom in the NFT world!
CryptoPunks is trending again with a +416% increase in its weekly volume, reaching levels not seen since March 2024.
🔥 This reflects a renewed interest in digital collectible assets, even in a crypto market under bearish pressure.
💎 NFTs solidify their role as a symbol of exclusivity, and the union between art, technology, and digital value is gaining prominence again.
#NFT #CryptoPunks #ArteDigital #DigitalCollectibles #TendenciaCripto
$XRP
$SOL
$ETH
CryptoPunks is trending again with a +416% increase in its weekly volume, reaching levels not seen since March 2024.
🔥 This reflects a renewed interest in digital collectible assets, even in a crypto market under bearish pressure.
💎 NFTs solidify their role as a symbol of exclusivity, and the union between art, technology, and digital value is gaining prominence again.
#NFT #CryptoPunks #ArteDigital #DigitalCollectibles #TendenciaCripto
$XRP
$SOL
$ETH
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