CryptoPunks, BAYCs, and Frens: Social media analysis shows NFTs hype mirrors sales trendsThe global crypto market cap is $2.4 trillion with a 24-hour volume of $106.82 billion. The price of Bitcoin is $57,673.83 and the BTC dominance is at 45.4%.
by Lisa Gibbons After evaluating 31,000 NFT related posts on subreddits and over 3,000 headlines for mentions of NFTs, the team at Gamblers Pick have reported some thought-provoking insights. This report shows that the popularity of NFTs across online communities can be correlated to sales numbers in March and April.
More news ⏬Is Kusama (KSM) about to shed its “canary network” label?Polkadot whale and notable community member @DonnieBigBags tweeted that the Polkadot to Kusama bridge will be rolled out at the end of this year. This DeFi protocol is launching ‘Liquid DOT’ so crowdloan participants can access DOT liquidityAcala, the Ethereum-compatible DeFi and liquidity hub of Polkadot, has launched Liquid Crowdloan DOT (lcDOT) ahead of its upcoming crowdloan event, it said in a post yesterday. Polkadot (DOT) parachains are coming in mid-December. Here’s what you need to knowPolkadot’s much-awaited parachains are set to go live on the network later this year, its developers said in a post on Wednesday. This world-famous producer tells us why he is venturing into NFTsCryptoSlate recently had the opportunity to chat with world-famous producer Tony Hollingsworth. Vitalik Buterin doesn’t regret starting Ethereum as a PoW consensusDuring a recent interview, Ethereum co-founder Vitalik Buterin shared his views on how he would have gone about launching Bitcoin. How the U.S. became the world’s biggest Bitcoin mining hubChina’s Bitcoin (BTC) crackdown drove the lucrative business out of the country and helped establish the US as the heart of the mining operations, data from the Cambridge Centre for Alternative Finance reveals. New IMF report calls crypto a ‘threat to global economy’The International Monetary Fund (IMF) has recently released its new Global Financial Stability Report, in which the entire chapter was dedicated to the discussion about financial stability challenges posed by the accelerating crypto adoption. Shiba Inu (SHIB) is about to launch Shiboshis NFTsHoping to replicate the success of NFT collections such as CryptoPunks and Bored Apes, Shiba Inu is set to launch Shiboshis. Could Switzerland be the next country to constitutionalize Bitcoin?Swiss non-profit think tank 2B4CH plans to launch a referendum proposal to have Bitcoin as part of Switzerland’s Federal Constitution. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
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