Tag: NFT

  • Missed Bitcoin and Ethereum waves? NuggetRush unveils new generation NFT gaming rewards

    Missed Bitcoin and Ethereum waves? NuggetRush unveils new generation NFT gaming rewards

    • Bitcoin jumps amid rising demand for spot BTC ETFs.
    • Ethereum’s investor sentiment could rise following excitement around its March 13 upgrades.
    • NuggetRush (NUGX) unveils a gaming community where ambitious investors can win gold rewards.

    Spot BTC ETF inflows have skyrocketed to over $2.1 billion pushing Bitocin price higher as Ethereum on the other hand gears up for a major network upgrade in March.

    NuggetRush (NUGX) is also gaining attention in the digital asset industry after its blockchain ICO sold 171 million tokens. Yet, can this make NUGX one of the best altcoins to buy? Join the discussion.

    Bitcoin rises to $50,000 as Spot ETF inflows skyrocket

    Bitcoin (BTC) has recovered impressively from its slight fall below the $40,000 range. Its trading activity has grown sharply, pushing BTC to high levels in February. Bitcoin’s (BTC) pump coincides with the sharp increase in demand for its Spot ETFs. 

    BTC traded at $44,167 on January 1. It jumped by 4.9% to $46,368 on January 11 after the SEC approved its spot ETFs. BTC fell by 14.7% to $39,507 on January 22 before jumping to $45,301 on February 8 and hitting $50,000 on February 12.

    Spot Bitcoin (BTC) ETFs have been in high demand since their launch. BlackRock’s spot Bitcoin ETF generated the fifth largest inflows among all spot ETFs in January. The total inflows into spot Bitcoin ETFs have surpassed $2.1 billion. Daily spot Bitcoin (BTC) ETF inflows also jumped to $400 million on February 8.

    Ethereum sets March date for Dencun upgrades

    After a call with top developers, the Ethereum (ETH) blockchain announced the launch of its anticipated Dencun upgrades on March 13, 2024. The upgrade will reduce transaction costs for auxiliary layer-2 networks on Ethereum (ETH). Furthermore, it would boost data storage on Ethereum (ETH).

    Excitement around the news could help push Ethereum’s price back to the $2,600 range. ETH traded at $2,352 on January 1. As of January 11, ETH jumped by 11.3% to $2,619. ETH’s bullish momentum fell sharply, and the token dropped by 12.8% to $2,282 on January 31. It then recovered by 6.0% to $2,419 on February 7.

    Ethereum’s (ETH) Dencun upgrades could help boost development activity on the network. By reducing costs for auxiliary layer-2 networks, more apps and services can leverage Ethereum’s (ETH) technology. This would help Ethereum (ETH) withstand competition from other top altcoins like Solana, possibly pushing ETH’s value up by 8.8% to $2,633.

    NuggetRush’s new generation NFT gaming rewards

    The launch of NFTs marked a shift in the play-to-earn industry. NFTs opened up the possibilities of participation and earning rewards from gaming networks. Yet, many projects have failed to capitalize on the latent opportunities that come with NFT gaming. One project that is getting recognition for being different is NuggetRush (NUGX).

    Combining meme coin benefits with play-to-earn gaming, NuggetRush (NUGX) aims to become a market leader via its mining adventure. Becoming a miner on NuggetRush (NUGX) is akin to mining natural resources in the real world. The game leverages the latest gaming technology to ensure its mining experience is as realistic as possible.

    It also features exciting gaming challenges, which include competitions and collaborations. You can compete against other miners in several gaming modes, like tournaments, battles, quests, and ranked play. You can also enjoy its mining experience as part of a team. The game allows the formation of teams and mining collaborations that offer high-value rewards.

    NuggetRush (NUGX) has shown immense growth potential. By round five of its presale, NuggetRush had sold over 171 million NUGX tokens, leading to high FOMO. It has also raised over $2.1 million. The current NUGX value is $0.018. After a pump to $0.020, major exchanges will list the coin.

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  • Dog-themed NFT gaming project unveils first BRC-20 ICO amid the Bitcoin comeback

    Dog-themed NFT gaming project unveils first BRC-20 ICO amid the Bitcoin comeback

    • Analysts foresee a possible Bitcoin surge to $50,000 amid the heightened Bitcoin halving hype.
    • Bitcoin Dogs unveils $0DOG token presale, the first BRC-20 ICO on the Bitcoin blockchain.
    • $0DOG offers access to Bitcoin Dogs’ NFT collection and immersive gaming ecosystem.

    Bitcoin Dogs, a pioneering NFT gaming project leveraging the power of Bitcoin, is set to revolutionize the crypto world with the inaugural BRC-20 token ICO. This innovative venture combines elements of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to create an immersive experience for investors and enthusiasts alike.

    With Bitcoin’s recent price surge and the introduction of spot ETFs, the timing couldn’t be more auspicious for Bitcoin Dogs to make its mark.

    Bitcoin Dogs: first-ever BRC-20 blockchain ICO

    Unlike traditional presales conducted using ERC-20 tokens on the Ethereum blockchain, Bitcoin Dogs introduces $0DOG as a novel investment opportunity on the Bitcoin blockchain. This strategic move not only highlights the project’s commitment to innovation but also underscores the potential for growth and adoption within the Bitcoin ecosystem.

    At the heart of the Bitcoin Dogs project lies $0DOG, the pioneering BRC-20 token poised to disrupt the crypto market. With 900 million tokens minted, $0DOG offers investors access to an exclusive NFT collection and an immersive gaming ecosystem reminiscent of popular titles like Axie Infinity and Tamagotchi. This unique blend of utility and entertainment positions $0DOG as a frontrunner in the burgeoning world of digital assets.

    Bitcoin’s price surge and implications for Bitcoin Dogs

    Amidst Bitcoin’s recent price surge, surpassing the $45,000 mark, industry experts predict further bullish momentum, potentially pushing the cryptocurrency towards the coveted $50,000 level as the highly anticipated Bitcoin halving event draws near.

    Bitcoin price chart

     

    This upward trajectory bodes well for Bitcoin Dogs and its $0DOG token, as heightened market sentiment and growing investor interest create a conducive environment for the project’s success. With the convergence of favourable market conditions and Bitcoin Dogs’ innovative approach, the future looks promising for crypto enthusiasts.

    As Bitcoin Dogs embarks on its journey to redefine the crypto landscape, the roadmap ahead is filled with exciting milestones and opportunities.

    From the debut of the NFT collection to the launch of the immersive gaming ecosystem, Bitcoin Dogs aims to captivate audiences and establish itself as a trailblazer in the realm of decentralized finance. With $0DOG serving as the cornerstone of this ambitious venture, investors and enthusiasts alike await eagerly to witness the project’s evolution and impact on the crypto industry.

    To grab the $0DOG tokens for yourself, you can visit the official Bitcoin Dogs website and participate in the presale

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  • Magic Eden launches its Bitcoin NFT marketplace

    Magic Eden launches its Bitcoin NFT marketplace

    • Magic Eden has launched the first fully audited Bitcoin NFT marketplace.
    • The marletplace has integrated two non-custodial wallets to support seamless transactions.
    • Magic Eden now supports NFT marketplaces for Solana, Ethereum, Polygon and Bitcoin.

    Cross-chain NFT platform Magic Eden has added to the impetus around NFT Ordinals on Bitcoin by launching a fully audited Bitcoin NFT marketplace. The digital artifacts marketplace will feature everything from images and audio clips.

    Magic Eden’s move means traders within the ecosystem are set to benefit from being able to buy and sell Bitcoin-based inscriptions tied to satoshi – the smallest unit of measuring value for BTC.

    A new dimension to NFT universe

    In a press release published on Tuesday, Magic Eden noted the infrastructure supporting Bitcoin inscriptions is growing, even as the network counts over 400,000 such digital artifacts so far. 

    At the moment, the Bitcoin NFT marketplace has integrated two non-custodial wallets – Hiro and Xverse – with support for features such as listing, delisting and buying and selling. The marketplace already offers access to more than 70 collections.

    Commenting on the development, Magic Eden co-founder and CEO Jack Lu, noted:

    Adding a Bitcoin marketplace is really exciting for our team, considering it is the grandfather of all blockchains and we are all passionate about blockchain. Bitcoin Ordinals bring a whole new dimension into the universe of NFTs.”

    Part of the early efforts aimed at accelerating adoption include Magic Eden’s partnership with 13 top collections, including Inscribed Pepes, Taproot Wizards and Bitcoin Bandits. Digital artfacts on the platform will be subject to top quality filtering, with collectors having access to details such as Ordinal rarity, name, inscription number, age and so forth.

    On Bitcoin, all media that is uploaded onto the chain cannot be changed or removed,” Lu said in a statement. “This simplicity is embraced by many creators who want to create true collectibles that are inscribed onto the chain. We’re excited to bring our winning marketplace user experience we’ve developed over the last year and a half to Bitcoin.”

    Magic Eden’s release of a Bitcoin NFFT marketplace builds on the company’s solid foundation as a top provider of blockchain and Web3 solutions. While it remains the leading NFT marketplace for Solana, this latest move adds to recent expansions to Ethereum and Polygon.



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  • The market saw over 340,000 NFT buyers as crypto rallied

    The market saw over 340,000 NFT buyers as crypto rallied

    • NFT buyers last week rose to 348,426, about 41% up on the previuos week.
    • NFT sales volume also rose, with more than $244 million in sales last week representing a 5.4% increase.
    • Sales (USD) volume and buyers increased in tandem with Bitcoin price hitting levels above $23,000.

    Non-fungible token (NFT) data from last week shows the market attracted 348,426 buyers, roughly 41% higher than the previous week.

    According to NFT data platform CryptoSlam, the buyer count of nearly 350,000 corresponds to a 40.99% this past week. 

    As of Tuesday morning, 24 January, 2023, there had been over 419,000 unique buyers year-to-date. The uptick coincides with a rally across crypto, with volatility pushing Bitcoin price above $23,000 and Ethereum above $1,600 for the first time since early November 2022.

    Indeed, as data from CoinGecko shows, Bitcoin’s price is currently up more than 7% this past week. Over the last two weeks, the flagship cryptocurrency’s value has soared 35%. 

    Among top blockchains with most buyers on the 7-day timeframe, Ethereum leads with 146,380 (36% increase) and Solana is second with over 89,800 NFT buyers at 73% increase this past week. Cardano is third while BNB Chain ranks 7th but with a 74% spike in buyer participation.

    NFT sales jumped 5% last week

    At the same time, the global NFT sales volume in the past seven days indicates a 5.4% increase, with more than $244 million worth of NFTs traded in that time. 

    The most sales volume was on Ethereum at almost $200 million, while Solana, Cardano, Immutable X and Polygon complete the top five as of 24 January.

    Among the top 10, the WAX blockchain saw the most increase in NFT sales with 82%. Meanwhile, Solana and BNB Chain recorded the largest decline over the past week as NFT sales on these blockchains fell 20% and 33% respectively.

    NFTs sales stood at $623,439,866 for the month, data from CryptoSlam showed ( as of 24 January 2023), with total NFT transactions year-to-date at nearly 4.2 million (it was 4.7 million for December 2022).

    While there has been a slight decline in the metric compared to the previous week, the statistics suggest the NFTs market has seen trading volume and buyer participation swing alongside movements in the broader crypto market.

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  • Using Low-Entry Projects Like Metacryp, Shiba Inu, and ApeCoin to Leverage the NFT Market

    Using Low-Entry Projects Like Metacryp, Shiba Inu, and ApeCoin to Leverage the NFT Market

    a new cryptocurrency project, Metacryp (MTCR), alongside Shiba Inu (SHIB) and ApeCoin (APE) to enter the NFT market.

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