Archive: nfts

Crypto Market Musings Bitcoin is down around 0.7% over the last seven days. Ethereum is down about 0.4% over that same time period. And Monero is up about 1.8%. Conflicting macro narratives appear to be driving the market. Inflation is proving to be stubborn, and the Fed raised rates again this week. The crypto markets have consistently responded poorly to rate hikes over the last year. But continuing problems in the U.S. banking system — this…
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New Pick: Crypto Payments Without the Headache

By Andy Gordon on March 9, 2023

Note: This recommendation was co-authored by KingsCrowd Investment Research Manager Olivia Strobl. Both Olivia and I have played in the cryptocurrency space for years. Like many crypto enthusiasts, we were first drawn to digital assets for their versatility. The…

Crypto Investors Are in Uncharted Territory

By Vin Narayanan on March 3, 2023

Crypto Market Musings We’re in uncharted territory. There have been other crypto bear markets. But this is the first time that crypto has navigated an economic down cycle. And we’re discovering that crypto — including bitcoin — can’t escape the gravitational pull of macroeconomic headwinds. The…
Exciting news for NFT fans and Avalanche (AVAX) holders: Shopify merchants can now sell Avalanche NFTs through their online stores without having to go through OpenSea. Thanks to Venly, a blockchain startup that created the Shopify NFT minting app, buyers can easily shop for NFTs on Shopify. They…
Crypto Market Musings Despite recent regulatory slip-ups, Coinbase looks like the youngest sibling of the crypto exchange family that can do no wrong. In case you missed it, last week Coinbase reached a $100 million settlement over violations related to anti-money…
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New Pick: A Storm-Proof Decentralized Exchange Crypto

By Vin Narayanan on December 22, 2022

There are many things we can learn from the FTX debacle. First, and most importantly, FTX’s core problems had little to do with crypto. Fraud, mismanagement, hubris and lack of board oversight — among other things — created an unnecessary crypto crisis where…

SBF and the Fear of Future AI Overlords

By Olivia Strobl on December 9, 2022

Crypto Market Musings Over the past week, bitcoin and ethereum have begun to stabilize following the spectacular collapse of FTX and the fall of crypto tycoon Sam Bankman-Fried (SBF). BTC prices have hovered around $17,000, and ETH prices have hovered around $1,300. According to…
Sam Bankman-Fried, CEO of the FTX crypto exchange and a very popular figure in the crypto community, has lost nearly 94% of his total wealth. FTX was having liquidity problems, so Binance stepped in to acquire the struggling exchange. The Bloomberg Billionaires Index assumes that existing FTX investors…
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Crypto Insider: AI and NFTs Are Changing Art Commerce

By Early Investing on September 26, 2022

Humans have long been fascinated by the concept of artificial intelligence (AI). It’s been the subject of many stories and works of art throughout history — far before the term AI was ever coined. Greek mythology tells the tale of Talos, a giant made of bronze who protected…

News Fix: Crypto Bear Market Edition

By Allison Brickell on August 3, 2022

We’ve made it to the dog days of summer. The crypto markets haven’t exactly been hot — in fact, they’ve been pretty cold for the last few months. But that doesn’t mean it’s all bad news.  Market Update The crypto market is still in bear market…
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Crypto Insider: Shopify Explores NFTs

By Early Investing on July 18, 2022

Shopify is expanding into NFTs. The e-commerce platform — which allows retailers to sell their products directly to consumers — recently launched around 100 new features, including contactless payments, crypto payments and “tokengated commerce.”  According to TechCrunch, Shopify’s tokengated commerce uses NFTs to “‘reward true fans…

Solana Teaches Crypto Investors a Critical Lesson

By Vin Narayanan on June 3, 2022

Crypto Market Musings As expected, bitcoin continues to trade in a fairly tight range between $28,000 and $30,000. Most other coins are loosely tracking with bitcoin. There are some exceptions, though. Tron, for example, is up about 17% in the last 30 days.
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Ethereum is a crucial network within the crypto ecosystem. It’s the backbone for much of the decentralized finance world. It’s by far the most popular network for decentralized apps. And most NFTs — which reached a trading volume of more than $17 billion last year — trade on…

The Fun and Profitable World of Collectibles

By Vin Narayanan on April 29, 2022

Before crypto, before startups, before I even knew what the stock market was, I was into collectibles. Baseball cards. Garbage Pail Kids cards. Cabbage Patch Kids. Action figures (especially “Star Wars”). I loved them all. And I collected them all. I didn’t know the…
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Most of you know that I’m an Ethereum bull. I believe that Ethereum is one of the most important networks in the crypto space. It’s the backbone for much of crypto’s decentralized finance (DeFi) system. Most NFTs trade on the Ethereum network. And trading volume for NFTs alone…

Instagram Embraces NFTs

By Vin Narayanan on April 15, 2022

NFTs (non-fungible tokens) are having a moment.  These tokens typically represent some sort of collectible — often a digital collectible. But NFTs can also be used to represent wine, sneakers and other physical goods. Like bitcoin, NFTs are based on blockchain technology. Each NFT…