Tag: blockchain

CryptoPunk Sale at a Loss: Is the NFT Bubble Bursting?

CryptoPunk Sale at a Loss: Is the NFT Bubble Bursting?

The NFT market, once a lively frontier of digital assets, has recently begun to cool. Token ATH! Token ATH! is your backstage pass to the wild, wild world of crypto. An inciting incident, like the recent sale of CryptoPunk #3100 at a significant loss, has triggered concerns around the long-term...

NFT Crash: Proof Capitalism Fails Artists, Not Just Crypto Bros

NFT Crash: Proof Capitalism Fails Artists, Not Just Crypto Bros

I’m fortunate to have a good friend in artist Anya, who has spent years immersed in this world. She poured her heart and soul as well as a good chunk of her savings into a series of digital paintings. Unfortunately, Anya, like many of us, drank the Kool-Aid. She saw...

NFT Sales Dip: Calm Before the Storm or End of the Hype?

NFT Sales Dip: Calm Before the Storm or End of the Hype?

The NFT ecosystem, like much of crypto, has been a wild ride, characterized by meteoric surges and painful retracements. In recent months, NFT sales have taken a significant downturn, leading many to question whether this budding digital asset class can stand the test of time. Token ATH! is all set...

NFT Dip: Why Individual Responsibility, Not Regulation, Is The Answer

NFT Dip: Why Individual Responsibility, Not Regulation, Is The Answer

The NFT market is feeling the chill. Sales have tanked, and buyers are vanishing quicker than free pizza on a tech conference. Even the formerly impervious CryptoPunks are starting to sweat. The knee-jerk reaction? Regulate it! Just put a few rules around it, send up a warning sign to the...

NFT Crash: Proof Capitalism Fails Artists, Or Just A Blip?

NFT Crash: Proof Capitalism Fails Artists, Or Just A Blip?

So, the NFT market is wobbling. With sales down across the board, buyers and sellers alike fleeing the market and the whole enterprise kind of feeling like it’s…a little too inflated. Instead, we’re getting headlines about a 4.38% decline in sales volume, a close to 78% plunge in buyers. If...

Trump's Crypto Pivot: A Trojan Horse for the 1%?

Trump's Crypto Pivot: A Trojan Horse for the 1%?

Is Trump really all in on crypto, or is this another opulent boon for his billionaire cronies? Let's be real, folks. The rapid pivot to digital currencies makes our collective hearts sink. Shortsightedly, the notion of a “Crypto Strategic Reserve” stocked with speculative altcoins is nothing more than a Trojan...

Trump's Crypto Play: Unleashing American Innovation or Risky Gamble?

Trump's Crypto Play: Unleashing American Innovation or Risky Gamble?

Trump's crypto pivot is undeniably intriguing. From dismissing it to potentially embracing it, the shift raises crucial questions: Is this a genuine effort to position America at the forefront of the digital economy, or a high-stakes gamble with taxpayer money? And the long awaited White House Crypto Summit should prove...

Shiba Inu Burn Rate Soars Amidst Market Recovery

Shiba Inu Burn Rate Soars Amidst Market Recovery

Specifically, Shiba Inu’s burn rate has increased exponentially, climbing 580% over the past 24 hours. This increase comes at a time when the entire cryptocurrency market is recovering from a recent downturn. In the details released by the SHIB team, an additional 16,607,692 SHIB were burned, representing a 590.19% daily...

NFT Market Shows Resilience Despite Overall Sales Dip, Ethereum Remains Dominant

NFT Market Shows Resilience Despite Overall Sales Dip, Ethereum Remains Dominant

The non-fungible token (NFT) marketplace is wildly dynamic, with declines and increases on various blockchains and collections. Overall sales volume crept down slightly. On the positive side, platforms such as Ethereum and Polygon experienced remarkable performance as the market exhibited an ever-growing dynamic and resilient nature. The week of July...