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Meme Coins Rise as NFTs Hit a Rough Patch

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As the crypto landscape undergoes a dramatic transformation in early 2024, meme coins have taken center stage and generated unprecedented gains. In this context, the NFT market faces a recession, setting the stage for a possible comeback driven by innovative projects and a revitalized focus on utility and technology.Tale of Two Trends: Meme Coins Soar…

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Bitcoin-Based NFTs See Record $881,223,753 Worth of Sales in December

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Non-fungible tokens (NFTs) on the Bitcoin (BTC) blockchain saw blockbuster sales in the month of December, according to on-chain data. According to data obtained from blockchain data aggregator CryptoSlam, Bitcoin NFT sales reached over $881 million in sales last month, a new high for 2023. BTC NFT sales obliterated the previous sales record of $375 million…

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New York Stock Exchange Considers Launch of NFT Marketplace, According to New Trademark Application

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The New York Stock Exchange (NYSE) seems to be interested in delving into the world of non-fungible tokens (NFTs). The world’s largest stock exchange has filed a trademark/service mark application with the United States Patent and Trademark Office (USPTO) to “provide an online marketplace for buyers, sellers, and traders of digital goods downloadable”, authenticated by…

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Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone

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Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercard cards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard partners with Coinbase Payments giant Mastercard and cryptocurrency exchange Coinbase independently announced their partnership on Tuesday. Mastercard stated that the company is “making…