Predating the launch of Ethereum by five months, in February 2015 conceptual artist Sarah Meyohas released the first tokenization of art on the blockchain: Bitchcoin.
Six years later, the artist migrated Bitchcoin from its native chain to Ethereum, releasing reserved Bitchcoins backed by art from her seminal Cloud of Petals exhibition at Red Bull Arts New York. For this release, the artist chose to back each Bitchcoin with a unique pressed rose petal. The total supply of this release is 3291.
480 tokens were auctioned in a dedicated sale with Phillips, and featured in the Wall Street Journal.
www.sarahmeyohas.com for more information on Cloud of Petals and Bitchcoin.

Bitchcoin

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Per data from CoinMarketCap, captured by blockchain analysts Lookonchain, the price of Cream Finance’s CREAM token surged by more than 60% on Sept. 23.

crypto.news

CREAM price skyrockets 60%; pump and dump scheme?

In a significant development, Justin Sun, the founder of the Tron network, has shared insights on social media, highlighting a pivotal acknowledgment for Bitcoin by the Shanghai No. 2 Intermediate People’s Court. This acknowledgment underscores Bitcoin’s uniqueness and non-replicability, distinguishing it from other virtual currencies like Q coins. Sun’s revelation points to a formal recognition ... Read more

Cryptopolitan

Bitcoin’s legitimacy bolstered by Shanghai court’s acknowledgment

In a recent tweet, the founder of the Crypto-Law.us, John Deaton, proclaimed that the XRP community is the best crypto community. Deaton believes there is no better crypto community in existence that trumped the XRP Army. Moreover, the lawyer further stated that the XRP Army invented what he described as “Decentralized Justice.” In response to The post XRP Community Claims Credit for ‘Decentralized Justice’ Invention appeared first on Coin Edition .

Coin Edition

XRP Community Claims Credit for ‘Decentralized Justice’ Invention

The price of Aptos on the exchange, South Korea's largest, momentarily spiked 35% before crashing down following the bugfix.

TheBlock

Crypto exchange UpBit temporarily suspends Aptos withdrawals due to scam token bug

In recent years, concerns over the ethical implications of artificial intelligence (AI) have dominated headlines. From the fear of killer robots to predictions of widespread job loss, AI has sparked apprehension and debate across various sectors. However, a more ethical and constructive approach to integrating AI into workplaces is emerging, exemplified by the collaborative efforts ... Read more

Human-Robot Teams: An Ethical Alternative to AI Replacement in the Workplace

Stark, who worked as an attorney in the SEC Division of Enforcement, chimed in on the upcoming Sam Bankman-Fried trial, wondering why the former FTX CEO's parents were not listed as defendants.

Former SEC attorney John Reed Stark urges DOJ to ‘wake up’ and prosecute crypto-grifters

The SEC charges against Mila Kunis' "Stoner Cats" has other film and TV creators on edge about their own use of NFTs to crowdfund projects.

Decrypt

Will SEC's 'Stoner Cats' Action Have a Chilling Effect on NFT Media Projects?

Despite the negative news flow and the stagnant market cycle in the crypto market, the Shiba Inu team and investors are doing their best to push the price up. The accumulation of SHIB by whale investors and the developments on the Shibarium platform support this situation. The post Shiba Inu Price Analysis and Predictions: Renowned Analyst Sets Date for $1 appeared first on COINTURK NEWS.

CoinTurk News

Shiba Inu Price Analysis and Predictions: Renowned Analyst Sets Date for $1

Chainlink (LINK) outperformed the rest of the cryptocurrency market last week with a 15% increase in its price. The two largest cryptocurrencies by market value, Bitcoin (BTC) and Ethereum (ETH), had less movement during the same period. The post Chainlink (LINK) Shows Better Performance Than Other Cryptocurrencies appeared first on COINTURK NEWS.

Chainlink (LINK) Shows Better Performance Than Other Cryptocurrencies

Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s Wrath This September, over the

Bitcoin.com

NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector

According to Justin Sun's recent announcement, the Shanghai 2nd Intermediate People's Court in China has officially recognized the existence of Bitcoin. The post Shanghai Court in China Officially Recognizes Bitcoin! appeared first on COINOTAG NEWS .

CoinOtag

Shanghai Court in China Officially Recognizes Bitcoin!

The recent policy decisions of major central banks have been finely balanced and have introduced a level of uncertainty regarding their future actions. The Federal Reserve chose to hold its policy rate steady but indicated a potential rate hike at the next meeting. The Bank of England maintained its stance with a nearly evenly split ... Read more

Central banks respond to wage-price pressures amid uncertain economies

John Reed Stark, a former official of the Securities and Exchange Commission (SEC), voiced his perplexity over the seeming inaction of the U.S. Department of Justice (DOJ) in cryptocurrency-related cases. With his extensive experience spanning nearly two decades in the SEC Division of Enforcement, Stark finds the scarcity of DOJ cases associated with Bitcoin notably ... Read more

John Reed Stark highlights SEC-DOJ disparity in crypto enforcement

Tech giant Facebook’s parent company, Meta, is set to roll out a new strategy to engage younger users through the development of AI chatbot characters. These bots will come equipped with unique personalities, including a ‘sassmaster general’ robot designed to answer user queries. This move reflects Meta’s efforts to adapt to changing demographics and evolving ... Read more

Meta to Introduce AI Chatbot Characters to Attract Younger Users

Explore the technical intricacies behind Pepe's price movements and what they mean for potential future trajectories. The post Pepe Price Analysis: A Deep Dive into Short, Medium, and Long-Term Trends appeared first on COINOTAG NEWS .

Pepe Price Analysis: A Deep Dive into Short, Medium, and Long-Term Trends

Alexei Bilyuchenko, the former technology administrator of BTC-e exchange and co-founder of WEX, has been sentenced by the Meshchansky District Court of Moscow. He will serve 3 years and 6 months in prison for misappropriating the exchange’s funds. Additionally, Bilyuchenko has been slapped with a fine of 3.1 billion rubles, equivalent to around $33 million, ... Read more

WEX exchange co-founder Alexei Bilyuchenko sentenced in Moscow amid global legal entanglements

As Bitcoin dances on the edge of critical price points, derivative market dynamics play a pivotal role. Delve into how contracts and options are influencing BTC's stability. The post Bitcoin Derivative Options: Analyzing Their Impact on Price Dynamics appeared first on COINOTAG NEWS .

Bitcoin Derivative Options: Analyzing Their Impact on Price Dynamics

In 2023, the world witnessed a significant turning point in the realm of artificial intelligence (AI). Advancements in large language models fueled remarkable progress in generative AI, enabling these next-generation models to create original content autonomously. This breakthrough promises substantial productivity gains by automating repetitive tasks, allowing human employees to focus on higher-level functions. The ... Read more

High-Growth AI Stocks HubSpot and MongoDB: Profit Opportunities in 2023

Investor Cathie Wood, known for her innovative investment strategies, has made notable adjustments to the holdings of her Ark Innovation ETF. The fund, which currently boasts a net asset value of $8 billion, has delivered impressive returns of 40% in 2023 thus far. This article delves into the recent developments, shedding light on Wood’s decision ... Read more

Cathie Wood’s Ark Innovation ETF Adjusts Portfolio with Tesla Sale and Palantir Purchase

Bitcoin (BTC) experienced a price drop earlier this week, falling below the $27,000 mark, as investors digested reports from the Federal Open Market Committee (FOMC) meeting following the Federal Interest Rate decision.

ZyCrypto

Anthony Scaramucci Forecasts a ‘Remarkably Bullish’ Two Decades Ahead For Bitcoin

Long-term investors in Bitcoin are increasing their power by owning 13.44 million Bitcoins: How are short-term investors doing? The post Long-Term Bitcoin Holders Now Control Over Half of the Circulating Supply! appeared first on COINOTAG NEWS .

Long-Term Bitcoin Holders Now Control Over Half of the Circulating Supply!

Developers of the interoperability blockchain Polkadot (DOT) will test a new process that aims to significantly improve the scalability of the network and expand the number of supported parallel chains. Speaking at the Polkadot Developer Conference, Sophia Gold, engineering lead at Polkadot contributor Parity Technologies, says asynchronous backing will allow the blockchain to increase the The post Interoperable Chain Polkadot (DOT) Says Roadmap in Place To Support 1,000 Parachains appeared first on The Daily Hodl .

The Daily Hodl

Interoperable Chain Polkadot (DOT) Says Roadmap in Place To Support 1,000 Parachains

All things blockchain reached a eurphoric state in 2021. Against that backdrop, certain non-fungible tokens (NFTs) mopped up millions of dollars from buyers. But, after a painful market downturn, the vast majority of those digital collectibles can't even fetch a penny. Indeed, a recent study from dappGambl, a community of cryptocurrency researchers, found that 69,795, or 95%, of the 73,257 NFT collections it analyzed have a market cap of zero ethereum ( ETH-USD ), the world's most popular altcoin. By its estimates, about 23M investors own these worthless tokens. To be clear, NFTs are digital assets , such as artwork, GIFs, and music, that are stored on the blockchain and cannot be replicated. The tokens are transferred from one owner to another using blockchain technology, which creates a digital trail from seller to buyer that verifies the transaction. Like other speculative assets, investors buy NFTs in hopes that their values rise, allowing them to be sold at a profit. “This daunting reality should serve as a sobering check on the euphoria that has often surrounded the NFT space,” the report said. “Amid stories of digital art pieces selling for millions and overnight success stories, it is easy to overlook the fact that the market is fraught with pitfalls and potential losses.” Lack of demand dappGambl, using data provided by NFT Scan, also found that there isn’t enough NFT demand to absorb supply, with 29% of collections included in the study remaining unsold. “As a result, projects that lack clear use cases, compelling narratives, or genuine artistic value are finding it increasingly difficult to attract attention and sales.” At the height of the NFT craze, it was common to see headlines focusing on tokens that sold for millions of dollars. In March 2021, for example, a Beeple artwork NFT sold for $69.3M and former Twitter CEO Jack Dorsey sold his first tweet for over $2.9M. Now, after filtering out the less significant collections in the study, less than 1% of NFTs have a price tag exceeding $6K, and the majority of the most expensive projects are priced between $5 and $100. What does the future hold for NFTs? While many suggest NFTs are in fact dead after the 2021-2022 frenzied bull market, dappGambl believes there’s still a place for them, maintaining its view that “once the dust has settled, we will start to see an evolution within NFTs.” The researchers argued collectibles like the famed Bored Ape Yacht Club could “lose relevance if they only serve as a profile picture or a ‘flex’ to the have-nots on how much you’re willing to spend on one.” Instead, NFTs should have a historical relevance or they need to be true art or provide tangible utility (that is, a specific function or use case) in order to obtain lasting value, they urged . More on NFTs Bill Gates: Cryptos, NFTs fully based on greater fool theory GameStop rolls out NFT marketplace Become An NFT Landlord And Sleep Well At Night Coinbase: The Big NFT Tailwind The Market Is Missing

Seeking Alpha

Once-hyped NFTs now are largely worthless, study finds

The board shakeup comes the day before Celsius plans to announce how its creditors voted on the proposed reorgnization plan.

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