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The non-fungible token market exploded in 2021, but by late 2022 prices had collapsed. This column uses blockchain records for two major non-fungible token platforms to reveal what investors in the tokens actually earned. A disposition effect â the tendency for investors to hold onto losers...
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Magic Eden, one of the best-known NFT marketplaces originally built on Solana, has announced it is scaling back parts of its NFT business. The company is ending support for its Ethereum (EVM) and Bitcoin NFT marketplaces (Ordinals and Runes) and redirecting resources toward developing its iGaming...
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Paul once fractionalized ownership of the rare Pokémon card on Liquid Marketplace in 2022 before the website went offline, leading to a lawsuit as investors demanded returns. YouTube star Logan Paul has set a new Guinness World Record, selling his rare Pokémon card for nearly $16.5 million on...
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Remember back in 2021 when everyone thought a cartoon monkey was the peak of human financial evolution? Well, we have come a long way since then. If you are reading this in 2026, you already know that the âNFTs are deadâ crowd was mostly wrong. They were just looking at the wrong things....
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In January 2022, when the world was still in the throes of the COVID-19 pandemic and coping with rolling lockdowns, non-fungible tokens were all the rage. The blockchain-based assets, which more often than not took the form of cartoon pictures of silly-looking avatars like âCryptoPunksâ to...
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The cryptocurrency venture backed by the family of U.S. President Donald Trump has announced the upcoming launch of World Swap. Quick take: The company plans to disrupt the $7 trillion foreign exchange and remittance market by leveraging blockchain technology to offer faster,...
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Ether fell about 3% in early New York trading, tracking bitcoin lower as risk appetite stayed thin. Large bitcoin holders bought about 53,000 coins over the past week, Glassnode data showed, even as broader participation lagged. Recent market commentary has pointed to museum NFT pilots and...
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Back when NFTs were hot, Justin Bieber dropped $1.3 million to join the Bored Ape Yacht Club. The Ethereum NFTs now start at just $12K. In brief Pop music icon Justin Bieber paid $1.3 million worth of ETH for a Bored Ape Yacht Club NFT in 2022. The NFT now is worth less than 6 ETH, or around...
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NFT minting expanded in 2025 even as sales fell sharply, leaving more tokens chasing fewer buyers. The global non-fungible token (NFT) sector fell below $1.5 billion in total market capitalization, returning to levels last seen before the sectorâs rapid expansion in 2021. The retracement...
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Users of the non-custodial crypto wallet service provider will now access more than 200 tokenized U.S. stocks, exchange-traded funds, and commodities. Quick take: Eligible users outside of the United States will be able to buy, hold, and trade the tokenized assets directly in...
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