Bitcoin: Beyond the Crash and Embracing NFTs?
<p>After a year of doom and gloom, the final, trainwreck quarter of which surely drove the last of the crypto tourists to beat an incredulous retreat, January 2023 ushered in an abrupt reversal. This change of atmosphere was stirred by an exceptionally strong performance from Bitcoin, which recovered almost 40% in price through the opening […]
Crypto Narratives and the Bitcoin Anti-Narrative
The word narrative is overused in crypto, and it might elicit a roll of the eyes if uttered in dialogue with a committed Bitcoin maxi. It refers to a story, in this case about a coin, protocol or product, that will drive attention and attract buyers. You could argue that rather than narratives, crypto needs […]
What Next for PFPs, Art and Big Brand NFTs?
While still far from the kind of dizzying bull run that characterized 2021, NFTs have been enjoying an optimistic start to the year. There’s no froth, at the moment, and the atmosphere is relaxed, but there’s plenty of development, trades are happening, and some collections have seen their prices buoyant and rising. Underlying all this, […]
Programmed Royalties and Creative Experiments in NFTs
The NFT space sometimes feels overloaded with copycat projects, and there can be prolonged periods when an overriding theme or aesthetic takes hold. At these moments, multiple new launches will be configured similarly, and originality takes a back seat. At the same time, though, crypto and NFTs move quickly, and so, despite the constant presence […]
NFTs Show Signs of Life
If crypto trading is still a niche activity, then NFTs are a niche within a niche, and the past year has seen active market participants gradually becoming narrowed down to true believers. Overall, NFT trading volumes dropped, trades by new wallets went down, meaning fewer new participants, and NFT interest on Google Trends showed a […]
Mutant Ape Planet NFT Creator Aurelien Michel Arrested
Aurelien Michel, a French national residing in the United Arab Emirates (UAE), was arrested on Wednesday evening and charged with defrauding investors in his Mutant Ape Planet NFTs, of $2.9 million. A criminal complaint unsealed in a US federal court on Thursday revealed the 24-year-old was arrested a day prior by US government authorities at […]