Metaverse | DeFi | Nfts | Trading

2024-01-12 22:01:56 NFTs eye comeback following spot Bitcoin ETF approval

United States Securities and Exchange Commission (SEC) approved the first spot Bitcoin exchange-traded funds (ETFs) in the United States, Web3 professionals argue that the approvals can boost the dwindling sub-crypto ecosystem of nonfungible tokens (NFTs). 

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2024-01-12 14:22:03 Bitcoin ETFs Broke The Market

Bitcoin ETFs had a great first day, racking up $4.5B in trading volume. BlackRock's iShares Bitcoin Trust, traded as IBIT on Nasdaq, played a big part, getting close to $1B in volume and making up 22% of the total across all 10 spot Bitcoin ETFs.

There were 700,000 individual trades involving the 11 spot ETFs today. To put it in perspective, this is twice the number of trades for $QQQ (one of the largest ETFs offered by Invesco), although $QQQ handles much larger dollar volumes.

With this volume, the first 10 spot Bitcoin ETFs broke the Wall Street record set by the first Gold ETF back in 2004. Then, State Street Corporation launched Gold Shares (GLD) and racked up $1.63B in volume on opening day.

However, there’s a little downside to all this. While the total trade was $4.6B, GBTC was 50% of that $2.3B. The GBTC numbers were majority sales/outflows due to the higher fees and the old Bitcoin being locked up, which means that we didn’t have any net inflows...

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2024-01-12 09:54:58 VirtuWorld Presents Exciting New Features in the Metaverse

VirtuWorld, a pioneering force in the metaverse, is set to unveil exciting new features. The announcement spotlights the company's commitment to innovation and decentralized commerce.

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2024-01-11 19:05:29 NFT Volume Spikes on Bitcoin and Solana

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2024-01-10 21:13:06 X removes support for NFT profile pictures

On Tuesday, Elon Musk’s X wrote about a grand vision for the company in 2024, which includes launching peer-to-peer payments and more AI-powered tools. Amid all this, the company silently removed a feature for paid subscribers. They’re no longer able to set an NFT as a profile picture.

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2024-01-10 06:15:08 Bitcoin Developer's Bid to Curb 'Spam' NFTs Faces Rejection

A proposal by Bitcoin developer Luke Dashjr, seemingly focused on improving Bitcoin Core's compatibility, has drawn attention for its controversial aim: blocking the influx of "NFTs on Bitcoin." Despite its innocuous facade, the technical plan encountered resistance and was ultimately rejected within the Bitcoin development community.

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2024-01-09 20:25:21 Payvertise to Redefine Digital Advertising With NFT Integration and the $PVT Token

Payvertise’s innovation is the $PVT token, a bespoke cryptocurrency designed to revolutionize the NFT advertising experience. It acts as a key player in a novel ecosystem, streamlining transactions and fostering active participation in the advertising process. This token ensures secure exchanges within the NFT marketplace and incentivizes quality and innovation in advertising campaigns.

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2024-01-09 09:56:01 Sony's Visionary Leap: Unveiling 'Digital Birth Certificates' at CES 2024 – A NFT-esque Revolution!

Step into the future of imaging with Sony, the avant-garde titan in electronics, gaming, and entertainment! At CES 2024 in Las Vegas, they dropped a bombshell: the introduction of 'digital birth certificates' for images, a groundbreaking move that echoes the spirit of NFTs.

Innovative Capture: Sony's Digital Signature Tech Crafts 'Birth Certificates' for Images!

Sony wows the crowd with an in-camera digital signature technology, creating a bona fide 'birth certificate' for images snapped with their devices. This technological marvel not only verifies content origin but also resonates with the essence of nonfungible tokens (NFTs). It's not just an advancement; it's a revolution in safeguarding and authenticating digital content.

Neal Manowitz Speaks: Sony's Pledge to Creators and the Pursuit of Authenticity!

Neal Manowitz, President and COO at Sony Electronics, emphasizes their dedication to creators, stating, "Helping creators navigate opportunities while protecting the authenticity of their work is a priority." Joining forces with industry leaders like the Associated Press, Sony embarks on a mission to create a digital birth certificate, providing an irrefutable means to validate content origin and counter misinformation.

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2024-01-08 20:10:24 Shiba Inu's Shibarium NFT Revelation: A Guide for SHIB and BONE Holders to Enter the Digital Realm!

Shiba Inu's Shibarium Excitement Unleashed!

In a groundbreaking update, a Shiba Inu ecosystem team member has unveiled an exclusive step-by-step guide, offering SHIB and BONE holders a seamless entry into the mesmerizing world of Shibarium-based non-fungible tokens (NFTs).

ColonelCoup Collection Takes the Spotlight!

Step into the spotlight with the ColonelCoup collection, a vibrant ensemble of NFTs that graced Shibarium on October 11, 2023. As the L2 blockchain of the Shiba Inu ecosystem, Shibarium has evolved into a thriving hub for digital assets, including coveted NFTs.

Lucie's Guide: Your Key to Shibarium NFTs!

Lucie, a key figure within the Shiba Inu ecosystem, unveils the roadmap. To embark on this digital journey, enthusiasts must hold Ethereum (ETH) and any Shiba Inu ecosystem asset like SHIB, BONE, or LEASH in their wallets.

Dance into Shibarium on Your Wallet's Stage!

Lucie's guide kicks off by encouraging users to add the Shibarium network to their Web 3.0 crypto wallets. Using the wallet's browser extension, a simple click on "add the Shibarium mainnet network" sets the stage for the upcoming adventure.

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2024-01-08 09:59:01 Solana NFT Trading Volume Dips Behind Polygon: A Shifting Landscape in the Crypto Art Realm!

In the ever-evolving world of blockchain and NFTs, the tides are changing as Solana experiences a dip in NFT sales, falling behind its formidable competitor, Polygon.

Solana Sees a 17.17% Drop in NFT Trading Volume: $4.5 Million in Sales

Recent data reveals a 17.17% decrease in Solana's NFT trading volume, amounting to $4.5 million in sales. This unexpected downturn stands in stark contrast to Polygon's impressive 84.94% surge, reaching $9 million in NFT sales. The battle for supremacy in the NFT marketplace is heating up.

Ethereum Maintains Top Position: $13.4 Million in Sales, 29.65% Increase

While Solana faces a temporary setback, Ethereum stands firm at the top with $13.4 million in NFT sales, marking a significant 29.65% increase. The Ethereum blockchain continues to be a powerhouse in the NFT world.

Bitcoin's Steady Performance Despite 18.52% Decline: $13,016,115 in Sales

Surprising many, Bitcoin maintains a steady performance in the NFT space with $13,016,115 in sales, despite an 18.52% decline. The pioneer cryptocurrency proves its resilience in an arena often associated with its counterparts.

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