Earlier this month, the floor price on the original Trump NFT collection jumped after the news of his indictment, but the new Series 2 release has sent the first collection’s price downward.
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From Nakamigos to Magamigos: The Tricky Relationship Between the Meme Economy and NFTs
Speculative NFT project Nakamigos has recently broken into the NFT spotlight, spawning copycat projects such as Magamigos and Nakamigas that capitalize on the trend. But while meme projects may offer short-term gains, they rarely offer long-term value and ought be scrutinized.
Bitcoin Should Be Central to Regulation of Digital Assets
U.S. lawmakers should recognize the unique qualities of Bitcoin as they set out market structure for the crypto economy, says John Rizzo.
Avalanche’s New Subnet to Offer Blockchain Customization for Financial Institutions
The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services.
The Future of Web3 Animation
In a CoinDesk interview, Colin Brady, chief creative officer at AMGI Studios, talks about how Web3 and AI will change movie-making, and why big studios fail to adopt new technologies.
Crypto Investors Unmoved by Revised Jobless Data
Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.
Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
The firm said it continues to invest in and expand its asset-management business.
Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum
Under a new proposal Lido would accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.
Exploit Involving Aave and Yearn Helped Users Make Money
The exploiter paid back Aave users’ USDT debts on its v1 markets, making the total USDT borrowed stand at zero.
First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.