NFT DigitalArt

Bitcoin price analysis sees rematch with 2021 record high vs. S&P 500

Bitcoin
BTCUSD
is due to “regain the spotlight” as BTC price gains catch up with United States equities, new analysis says.
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Why DeGods NFTs Seem To Be Everywhere

The DeGods project has since excelled at navigating new trends in NFTs. It was among the first to abandon royalties when it made the ultimately correct assessment that marketplaces were heading that way anyway (though DeGods later reinstated a 0.5% royalty fee).
Full news link —

Doodles Is 'No Longer an NFT Project,' Co-Founder Says
Jordan Castro, one of the founders behind the popular non-fungible token (NFT) project Doodles has shared that the brand is moving away from being an "NFT project" and focusing on the long-term vision of becoming a top-tier media brand.
In a statement posted to Discord on Thursday, Castro, known online by his alias, Poopie, discussed the brand's plans to build away from "trends that fuel speculation" in the NFT market.
NFTnow Tweet

"We're trying to go from a startup to a leading media franchise," he wrote. He also pledged to focus energy on Doodles' "most loyal collectors."
"We are not going to spend any resources appeasing those with financial motivations," he added. "We never have and we never will."
The statement received mixed reactions from holders who asked for clearer communications.
@DigitalArt

NFTs on Bitcoin? Ordinal Punk Sells for Over $200K (9.5 BTC)
What seems to be the biggest sale of an Ordinal Punk (NFT on Bitcoin) happened today.
Non-fungible tokens on Bitcoin’s network are now a thing, and they quickly become a heavily debated topic within the BTC community.
With arguments for and against, what seems to be the biggest sale so far is already a fact.
• The project in question is called Ordinal Punks, and the NFT is Punk #94.

• There’s an ongoing debate between Bitcoin community members. Some of them argue that NFTs are a waste of block space, while others are of the opinion that they drive additional usage, nodes, and by extension – security to the network.

Yuga Labs Founder Taking Leave of Absence for Health Reasons
Moments ago, Wylie Aronow, one of the co-founders of Yuga Labs, announced that he would be taking a leave of absence from the company for health reasons. In a tweet, Aronow (better known by his pseudonym, Gordon Goner) stated that he had been diagnosed with congestive heart failure by his doctor. “Symptoms started last year out of the blue and I put off seeking help (like an idiot) so I could keep working. But after testing, my doctor called and asked me to radically change my life,” he wrote.
In order to tend to his health, Aronow said he would be stepping down from his role at Yuga. “I’m going to be taking a leave of absence to focus on my health for a while,” he wrote. —link

BINANCE WILL DELIST NFTS WITH LOW TRADING VOLUME
Binance will delist NFTs with low trading volume on its platform starting next month as it revamps its KYC rules. The move comes two days after the platform was implicated in a money laundering scandal by FinCEN.
According to a company statement made on January 19, the platform will delist all NFTs listed before October 2, 2022, and lack an average of $1,000 in daily trading volume between November 1, 2022, and January 31, 2023. Also, as part of the new rules, artists can only mint 5 NFT per day.
In the past, Binance NFT didn’t ask much of its users. As long as a seller completed the KYC verification and had at least two followers, they could proceed to list their NFTs. However, moving forward, the company will engage in periodic reviews of NFTs and delist those that don’t meet its criteria.

He burned his Degod for $2 😭
DeGods Floor: 540 SOL

Happy New Year