Metaverse | DeFi | Nfts | Trading

2024-01-01 20:15:01 Bitcoin NFTs Soar to Unprecedented Heights: December 2023 Shatters Records with $881M in Sales!

In a dazzling display of blockchain creativity, December 2023 will be etched in history as the month Bitcoin NFT sales reached an extraordinary pinnacle, hitting a staggering $881,223,753.92. This astounding figure not only breaks previous records but establishes a new zenith for single-month NFT sales.

Eclipsing Milestones: 111,713 Buyers and 98,744 Sellers Illuminate Bitcoin NFT Transactions!

Cryptoslam's latest report not only unveils the astronomical sales figure but also illuminates the significant participation within the crypto community. A groundbreaking 111,713 buyer addresses actively partook in NFT transactions on the Bitcoin chain throughout December, showcasing the widespread interest and passion for blockchain-based assets. Concurrently, the number of seller addresses reached unprecedented heights, totaling 98,744—a new record for the highest monthly sellers.

Decentralized Artistry: Bitcoin NFT Surge Reflects Rising Popularity and Adoption!

The surge in NFT sales on the Bitcoin blockchain paints a vivid picture of the escalating popularity and adoption of digital assets. Both buyers and sellers are not merely participating; they are actively shaping a decentralized and vibrant NFT marketplace, creating a dynamic ecosystem within the crypto space.

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2024-01-01 09:50:11 Navigating NFT Tax Seas: Traders Turn Worthless Tokens into Tax Wins as Year-End Looms!

With the year-end deadline closing in, NFT traders are unveiling a clever strategy to deal with seemingly worthless tokens in their wallets: selling them at rock-bottom prices to offset capital gains on taxes. As the IRS's Criminal Investigation Unit focuses on crypto cases, this unconventional approach may be the golden ticket to dispose of unwanted NFT baggage.

Tax Loss Harvesting Unleashed: Crafting Financial Wins from NFT Losses!

Enter the game-changing tactic known as tax loss harvesting, a lifeline for traders balancing wins and losses in the volatile crypto market. By parting ways with underperforming NFTs, traders can strategically minimize their taxable liability, safeguarding their financial gains in the process. But the question lingers: Who's in the market for seemingly worthless NFTs?

Innovative Lifelines: Harvest.Art, Unsellable NFTs, and Soul Incinerator to the Rescue!

Pioneering projects like Harvest.Art, Unsellable NFTs, and Soul Incinerator have emerged as saviors, offering platforms to help traders sell their seemingly worthless NFTs and offset tax losses. These initiatives breathe fresh life into overlooked tokens, transforming them into valuable assets for traders navigating the complexities of tax season.

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2023-12-31 20:31:32 Trump Shakes Crypto World: Dumps Millions in Ethereum After NFT Setback!

In a surprising turn of events, former President Donald Trump has made waves in the crypto space by offloading millions in Ethereum following a less-than-stellar NFT Redux. The move, analyzed by blockchain intelligence firm Arkham, reveals a strategic shift in Trump's crypto portfolio.

Strategic Ethereum Exodus: $2.4 Million Haul in Three Weeks!

Arkham's analysis shows that Trump initiated the movement of Ethereum accumulated as NFT royalties to Coinbase earlier this month. Over the last three weeks, a total of 1,075 ETH has been liquidated, resulting in an impressive $2.4 million haul. Despite this move, Trump still maintains a crypto portfolio valued at $2.2 million.

Trump's Diverse Crypto Holdings: A Snapshot of the Portfolio!

Even after the Ethereum sale, Trump's crypto holdings remain diverse. The breakdown includes $1.4 million worth of ETH, $649,000 in WETH, $167,000 in MAGA coin, $340 in Pepecoin, and $145 in JESUS, among other assets. The variety showcases the former president's eclectic approach to the crypto market.

NFT Collection Saga: Trump Faces Setback with "Mugshot Edition"!

Trump's foray into NFT collections took an unexpected turn with the launch of a special "Mugshot Edition." Featuring pieces of the suit Trump wore during an arrest in Georgia, the collection of 100,000 NFTs faced a lukewarm response. Unlike his first collection, which soared in value, and the second that held steady, the "Mugshot Edition" struggled to maintain interest.

Twitter Backlash: Former President Faces NFT Fatigue!

As news of Trump's Ethereum sell-off emerged, some Twitter users expressed disappointment, scolding the former "Apprentice" host for not hodling into the new year and remaining dedicated to Ethereum. The setback highlights the challenges even high-profile figures face in navigating the dynamic world of cryptocurrency and NFT markets.

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2023-12-31 09:04:00 Bitcoin's NFT Triumph: December Sees Record $1.7 Billion Transactions, Defying Odds!

In a mesmerizing showcase of crypto resilience, Bitcoin has once again emerged victorious, dominating the NFT market and leaving a trail of record-breaking transactions. According to the latest data from Cryptoslam.io, December has proven to be a pivotal month with an extraordinary USD 1.7 billion in NFT transactions.

Week-on-Week Dip? NFTs Thrive Despite the Odds!

Even with a brief dip of over 35% in NFT sales during the penultimate week of December, the overall month witnessed a remarkable surge of 69%, standing tall against the ebb and flow. Cryptoslam's statistics illuminate the market's tenacity, showcasing its ability to weather short-term fluctuations.

Bitcoin's Commanding Lead: A Royal USD 855 Million NFT Throne!

Bitcoin retains its crown as the sovereign ruler of NFT sales, maintaining its leadership from November into December. The pioneering cryptocurrency boasts an awe-inspiring USD 855 million in sales, solidifying its dominance in the dynamic world of digital assets.

BTC-NFT Synergy in Full Force: A 127.63% Surge in December Sales!

The synergy between Bitcoin and NFTs is vividly apparent, with sales around BTC experiencing an impressive surge of 127.63% compared to the penultimate month of the year. This surge underscores Bitcoin's influential role in shaping the trajectory of the NFT market.

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2023-12-30 18:50:27 India Set to Rule The Sandbox Metaverse: A Cultural Odyssey Unleashed!

Hold tight as The Sandbox, a trailblazing metaverse platform, charts its course to crown India as its primary market within the next two years. Since its landmark entry into India through an innovative joint venture with a local entity earlier this year, The Sandbox, a subsidiary of Animoca Brands, is poised to revolutionize virtual realms.

Co-Founder Sebastien Borget envisions a borderless, inclusive world, stating, "We want to bring different regions together." The journey embarked a year ago with the establishment of a strategic joint venture, paving the way for BharatBox—a cultural metaverse hub crafted in collaboration with global venture accelerator Brinc.

Karan Keswani, CEO of BharatBox, shared, "The Indian entity of The Sandbox is BharatBox, and BharatVerse is the Indian land on The Sandbox map." With a commitment to cultural diversity and immersive experiences, The Sandbox is set to blend India's rich heritage into the very fabric of its metaverse. Brace yourself for a fusion of tradition and technology, ushering in a new digital era for India!

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2023-12-30 09:55:14 Metaverse Crimes: NCA Director General Raises Urgent Concerns!

Graeme Biggar, the Director General of the National Crime Agency (NCA), issues a stark warning about potential criminal offenses, including rapes and murders, in the Metaverse. According to Biggar, these virtual crimes might need to be treated as real-life criminal acts due to their tangible impact on victims.

In a candid interview with the Evening Standard, Biggar highlights the physical manifestation users might experience, especially when wearing haptic suits that allow them to sense virtual actions. This unique challenge requires law enforcement to be proactive in preparing for and addressing crimes within the evolving landscape of the Metaverse.

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2023-12-29 19:35:06 Title: Unmasking the NFT Machine: ZachXBT Claims Gamegear Dev "scaredofboobs" Behind Crypto Scam

In a shocking revelation, ZachXBT, the vigilant on-chain investigator, points fingers at scaredofboobs, alleging the identity of the elusive NFT Machine scammer.

On December 28, ZachXBT took to Telegram, boldly declaring, “X/Twitter User scaredofboobs is a scammer known as NFT Machine.” The crypto community is abuzz with speculation as the drama unfolds.

Once associated with OpenFT, scaredofboobs faced the ban hammer on X for violating platform rules. Reports intensify the intrigue, linking Tyler Gaye, a doxxed American citizen and OpenFT founder, to the controversial NFT Machine persona.

The saga takes a legal turn, with investors reportedly suing Gaye, accusing him of orchestrating a fraudulent scheme. Under the guise of NFT Machine, he allegedly raised $55,000, diverting funds to his personal NFT collection while promoting OpenFT.

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2023-12-28 20:50:48 Trump Liquidates Crypto Holdings: ETH Exodus and a $2.4M Windfall!

In a surprising turn of events, Donald Trump, the former president, has made significant moves in the crypto market. Weeks after a less-than-stellar attempt to revive his NFT trading card venture, Trump has chosen to offload a substantial part of his crypto portfolio.

Arkham, a leading blockchain intelligence firm, reveals that Trump initiated the sale of 1,075 ETH on Coinbase this month, raking in an impressive $2.4 million. This strategic move indicates a shift in his crypto investment strategy.

Despite this sizable liquidation, Trump remains a crypto player with holdings valued at $2.2 million. The remaining portfolio includes $1.4 million in ETH, $649,000 in WETH, $167,000 in MAGA coin, $340 in Pepecoin, and $145 in JESUS, among other assets.

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2023-12-28 14:44:33 Cool Cats Brews Creativity: From NFTs to Coffee Magic!

Embark on a whimsical journey with Cool Cats, the NFT sensation that's not just about pixels but also about sipping the perfect brew!

The Milk Chug Series: Animated Marvel Meets Coffee Bliss!
Dive into "The Milk Chug" series, an animated delight featuring voices like Maggie Lawson, Dan Stevens, and Zeno Robinson. Created by the talented Titmouse studio, it's a visual feast that brings the Cool Cats charm to life. Over 300,000 viewers can't get enough of this enchanting narrative!

Chugs Classic Medium Roast: Brewing Beyond Screens!
The feline friends of Cool Cats take their brewing skills to a coffee shop, sparking a delightful competition over the best coffee. And to make it even more real, Cool Cats introduces the Chugs Classic Medium Roast Coffee Beans, ensuring the experience isn't just on the screen but in your cup too!

NFTs to Lifestyle: Cool Cats' Cultural Influence!
Cool Cats isn't just an NFT collection; it's a lifestyle brand making waves in the cultural scene. With collaborations like the instant Macy's sell-out and active participation in events like "Art Basel," Cool Cats is defining a new era of creative influence.

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2023-12-27 20:59:19 Sip and Swipe: Starbucks Korea Unveils NFT Extravaganza!

Hold on to your coffee cups! Starbucks Korea is brewing up excitement as it dives into the NFT world on the Polygon blockchain, making January a month to remember.

In a bid to celebrate eco-conscious choices, Starbucks Korea introduces "eco-stamps" – your digital passport to exclusive NFTs. Crafted in collaboration with South Korean art platform Print Bakery and NFT maestro DADAZ, these unique tokens are the perfect blend of art and sustainability.

With the launch of "Eco Tumbler Beverage Coupons," Starbucks encourages you to sip responsibly and embrace a greener lifestyle.

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