Five Hidden Gems in NFTs – Well, Not Hidden Anymore
2021 was a massively successful year for NFT’s, blowing the roof off what was expected, and saw growth skyrocketing by over 705% to $338 million including several NFTs collections and projects . In February, the total amount of transactions on the NFT trading platform Opensea surpassed $90 million, with the total number of users exceeding 50,000. In August, 6 months later, the trading value hit $3.4 billion. In the same time, CryptoPunks reached a maximum transaction price of 1.5 million US dollars. As the market matures, we’ve found some hidden NFT treasures that could be worth a....
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Ethereum NFTs have gained the most clout in the crypto space. These NFTs have recorded sales of up to 69.3% for a single piece of artwork. Investors are moving towards owning NFTs as a form of long-term investment in addition to their cryptocurrency holdings. Although other blockchains are coming up where NFTs can be minted, the majority of it still happens on Ethereum. This is why investors have flocked towards non-fungible tokens minted on the blockchain. Its growing popularity has led to some striking similarities with the pattern of holding seen in cryptocurrencies. For example, the....
The U.S. Internal Revenue Service (IRS) has reportedly launched an operation to target cryptocurrency investors. Dubbed “Operation Hidden Treasure,” the team consists of agents trained in the field of cryptocurrency and transaction tracking. Damon Rowe, Executive Director at the IRS Office of Fraud Enforcement, unveiled “Operation Hidden Treasure” last week at a Federal Bar Association presentation on combating fraud, Forbes reported. The long-time veteran of the IRS Criminal Investigation division explained that the office has put together a dedicated team of IRS....
Traders are flocking to Bitcoin in search of digital gold, but the journey can be costly and confusing, with hidden fees and cumbersome interfaces, making it difficult to navigate the market successfully. eToro makes cryptocurrency trading costs crystal clear. There are no fees buried in the fine print, and an intuitive user interface helps you avoid expensive misclicks. Be aware of hidden fees On eToro, trading costs are contained in a single charge. The percentage […]
Originally covered here, Gems is like any other social messenger app, except with a twist. Integrated with Gems is a wallet, that users automatically get. Also Gems is encrypted, ensuring better privacy just like using cryptocurrency for your financial transactions. A: Gems is a Social Messenger integrated with next generation bitcoin technology. Gems offers a WhatsApp style mobile experience with fully encrypted and private messaging, and a built in wallet. Our new introductory video is now live and gives an simple overview of how Gems works: http://vimeo.com/106725097 A: The gems....
Dr. Ammous, author of “The Bitcoin Standard,” explained how fiat has hidden costs and why Bitcoin represents the next generation of money.