The recent sale of CryptoPunk #3100 incurred a loss of almost $10 million for the seller. The sale highlights the volatile nature of NFT investments, particularly when tied to the fluctuating value of cryptocurrencies like Ethereum (ETH). The shocking loss comes as a result of ETH’s value crashing quickly. This...
Somebody just made $10 million on a CryptoPunk disappear. Let's be clear: while I might feel a tiny sliver of sympathy, the bigger picture is far more important than one person's misfortune. This isn’t an unfortunate trade deal gone wrong, it’s the entire game rigged against American workers. This particular...
CryptoPunk #3100, one of the rarest NFTs from the famous CryptoPunks collection, has been resold for 4,000 ETH. This one transaction has now cost the former owner well over 10 million dollars. In addition to that 16 million dollar initial purchase price, this NFT sale illustrates how the NFT market...
As much as one year after he purchased CryptoPunks #3100 for 4,500 ETH – the equivalent of about $16 million at the time – Non-Fungible Token (NFT) whale sold it recently for 4,000 ETH. That’s the same as $6.04 million. This transaction ended up being a huge loser—it cost the...
The NFT space promised a revolution. An avenue for artists to engage directly with collectors, a new digital ownership frontier. Yet behind the fortune cookie predictions and the Magic 8 Ball prophecies lies a much darker reality — where hopes can be crushed by the click of a mouse. OpenSea’s...
The SEC is circling OpenSea. Again. Last year’s Wells notice sent a chill up the spine of every NFT creator, collector, and marketplace. In July 2016, when Trump took over the Republican primary, the SEC retreated. Now, the threat looms again. OpenSea is well within its rights to push back,...
Alright, let's talk Dogecoin. I know what the headlines say, I know what the buzz is. To be frank, it just seems a little too much like late ’90s dot-com bust. Remember Pets.com? Anyone? The internet was new, everybody was giddy, valuations skyrocketed… until they didn’t. This isn't to say...
Remember those February highs for Dogecoin? The dog-themed meme coin that began as an experiment in humorous crypto, temporarily touching levels that turned its earliest believers into billionaires? While the current price hovers around $0.2293 (May 11, 2025), a far cry from its all-time high of $0.7316, the question lingers:...
Alright, let's talk XRP. I've been watching this space for years, and while the recent buzz about XRP hitting $52 is exciting, it just doesn't cut it for me. We have to be thinking bigger and bolder and quite honestly, more equitably. This isn’t about doing it to make a...
So could XRP really reach a $3 trillion market cap? The good news, bad news short answer to that question is maybe. As someone who's seen a few market bubbles inflate and burst over the years, I believe it's crucial to approach such a projection with a healthy dose of...
Okay, let's talk about Doodles. This NFT collection is suddenly mooning, right? We're seeing headlines screaming about a near 500% rally, and folks are wondering if this is the signal we've been waiting for. Is this really the time that NFTs stop being a joke and start actually leading to...
Alright, enough about this Shiba Inu $0.0013 pipe dream powered by a Bitcoin $200 trillion hallucination. I know the week is going to be busy and I’m happy to see so much buzz and excitement. It’s time we inject some honest reality into this discussion. Are we really pinning our...
Let's cut straight to the chase. According to Adam Back, the CEO of Blockstream, Bitcoin is going to a $200 trillion market cap. He views this accomplishment as within the realm of the possible. That's a million-dollar Bitcoin. But if that’s true, what does it bode for the future of...
Are we seriously going to continue down this path and hope for a different outcome? As centrists, we like to tout our love of pragmatism, of solving problems with real-world solutions that work rather than in theory. This is why the concept of states experimenting with holding their own reserves...