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2023 Underground Art Market Report

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Category: NFTs

Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, & NFTs- December Week 4 – Innovation & Tech Today

Welcome to another edition of Crypto NFT Today! The past two weeks have been full of must-know events that’ll be defining points for the future of blockchain, cryptocurrency, and NFTs. With the Central Bank of Nigeria lifting the ban on transacting crypto, new initiatives for …

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December 29, 2023December 29, 2023 By AdsmithBroker

News Explorer — Some ‘Worthless’ NFTs Still Have Value—As Tax Writeoffs

Dec 29, 7:16 pm Decrypt Some ‘Worthless’ NFTs Still Have Value—As Tax Writeoffs According to DappRadar Head of Research Pedro Herrera, 90-95% of NFT collections will never regain their pre-bear market valuations. To address this issue, startup Unsellable buys illiquid NFTs for a penny each, …

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December 29, 2023December 29, 2023 By AdsmithBroker

Got ‘Worthless’ NFTs? This Startup Buys JPEGs for a Penny to Harvest Tax Losses

For the overwhelming majority of NFTs, the brutal bear market of the last two years wasn’t just a phase: Some 90-95% of NFT collections will never return to pre-bear market valuations, DappRadar Head of Research Pedro Herrera recently told Decrypt. For many NFT owners, then, …

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December 29, 2023December 29, 2023 By AdsmithBroker

XRP Ledger Finishes 2023 With Historic Milestone: Details By U.Today

XRP Ledger Finishes 2023 With Historic Milestone: Details U.Today – The year 2023 was a remarkable one for , characterized by growth that was bolstered by ‘s landmark win in the SEC lawsuit. At the start of 2023, XRP Ledger had less than a million …

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December 29, 2023December 30, 2023 By AdsmithBroker

Crypto Address Tied to Ex-President Trump Dumps Over $2M In Ether

ZyCrypto In a surprising turn of events, an address allegedly associated with former U.S. President Donald Trump has reportedly dumped $2.4 million worth of Ethereum (ETH). According to a tweet from crypto analytics firm Arkham Intelligence, the transaction records disclose that about three weeks ago, …

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December 29, 2023December 30, 2023 By AdsmithBroker

Avenged Sevenfold Pioneers a Million NFT Revolution in Music and Blockchain

Avenged Sevenfold is venturing into the blockchain world, using Berify’s authentication technology and Bitflips’ expertise as well as a collaboration with Ticketmaster. The band’s members hope to become trailblazers at the intersection of music, blockchain and fan engagement. Avenged Sevenfold has minted a staggering one …

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December 29, 2023December 29, 2023 By AdsmithBroker

Got ‘Worthless’ NFTs? This Startup Buys JPEGs for a Penny to Harvest Tax Losses

Unsellable says it has helped NFT collectors realize $4.2 million worth of tax losses to date by buying up their illiquid assets. Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with …

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December 29, 2023December 31, 2023 By AdsmithBroker

Web2 Studios to Spearhead Web3 Gaming Shift in 2024

Digital art fanatic who brings a unique perspective to NFT news.

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December 29, 2023December 29, 2023 By AdsmithBroker

How Did NFTs Perform in 2023? – Spotlight

As we bid farewell to another transformative year in the crypto space, we must evaluate how different sectors of the market performed. In this article, we will look at one of the most captivating phenomena that has continued to redefine the crypto ecosystem: Non-fungible tokens …

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December 29, 2023December 29, 2023 By AdsmithBroker

Impact of NFTs on Art Collecting and Investment

Exploring the transformative impact of NFTs on art collecting and investment, we’ve gathered insights from six industry experts, including a Head of Growth and a CTO and Founder. They discuss everything from the global access and regulatory challenges to the hurdles of liquidity and decentralization, …

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December 29, 2023December 29, 2023 By AdsmithBroker

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