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There’s more NFT debates this week, with Apple policy at the forefront. Meanwhile, for one region, numbers show that NFTs are leading the charge for crypto volumes, and one Solana-based NFT project has signed a headlining licensing deal.
These are a few of the most noteworthy stories across the NFT landscape over the past week – let’s review those, and more, in a nutshell.
This Week’s Non-Fungible Token News
Apple Insists NFT Sales In Apps Are Subject To Platform’s Commission Fees, Critics Voice Disappointment
Young, crypto-first platforms that are looking to utilize NFTs aren’t pleased with Apple this past week. The global tech company has told platforms that want to sell NFTs that they must oblige by Apple’s run-of-the-mill commission structure. But companies have argued that it’s simply not sustainable – as we covered in our report, depending on geographic location these commissions can exceed 30% and include other costs.
Epic Games CEO also spoke out against Apple’s stance for NFT platforms, describing them as a “grotesquely overpriced in-app payment service.”
Asia’s Crypto Adoption Fueled By NFTs, Report Says
Growth of crypto adoption throughout Central and Southern Asia and Oceania (CSAO) has been fueled by NFTs, according to a new Chainalysis report. Our team took a deep dive into the report, which has shown that despite other regions throughout the globe fueling adoption through major blockchains like Bitcoin and Ethereum, CSAO has seen it’s adoption spearheaded by NFTs.
From a year-over-year period beginning last June and ending in June 2022, this region accounted for nearly one trillion dollars worth of volume in crypto at large, and nearly 60% of that was NFT trading volume.






Solana's (SOL) Okay Bears have proven to be the top dog across the blockchain, at least for the time being. That's exhibited most recently by a new licensing deal with IMG that could see bears on consumer products in the future. | Source: SOL-USD on TradingView.com
Solana’s Okay Bears Signs On With IMG
Solana-based Okay Bears have turned heads this year and emerged as the top project on the blockchain, and a top tier collection – blockchain aside. If you need evidence, look no further than the latest headlines around the collection, with Okay Bears signing a licensing deal with IMG. The 10,000 mint project will see IMG as it’s representative for global licensing around consumer products and experiences. IMG has worked with some of the biggest names in IP and exists within the Endeavor conglomerate that wields substantial presence across entertainment throughout nearly every medium.
Goblins Go Live With Beta ‘Truth Labs Marketplace’
What a long winding road it’s been for the Goblintown.wtf collection this year. The project had unprecedented hype for it’s time at mint, just a mere five months ago. However, the project has cooled and today has a floor price just under 1ETH – after seeing an all-time high of daily average price north of 7ETH back in early June.
That hasn’t slowed down goblins too much, however, as this past week, Goblintown creators Truth Labs launched their ‘Truth Labs Marketplace.’ The marketplace will serve as a dedicated platform for Truth Labs’ collections and will only a charge a flat 5% fee on transactions (compared to OpenSea’s 2.5% + flexible creator royalty).
Universal Studios Launches Halloween NFT Scavenger Hunt
Next month, attendees at Universal Studios in California and in Florida will have the opportunity to bring home an NFT. Up until October 31, the parks will offer a Halloween-themed scavenger hunt with up to 7 million NFTs available to mint. A total of seven QR codes will hyperlink visitors to unique NFTs. The offering comes courtesy of Universal’s partnership with MoonPay; the two joined forces in June and are clearly making quick work of the new relationship.
The NFTs will reportedly offer additional perks (at least, for those who collect all seven of the QR codes), but those perks don’t seem quite clear yet. Nonetheless, it’s another notch on the belt of growing case studies of fan and user engagement for brands and properties. The NFTs have been described as ‘proof of attendance protocol’ tokens that could takeover traditional means of measuring attendance at events and engagements.



Featured image from Pexels, Charts from TradingView.com


The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice. This op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike.



There&#8217;s more NFT debates this week, with Apple policy at the forefront. Meanwhile, for one region, numbers show that NFTs are leading the charge for crypto volumes, and one Solana-based NFT project has signed a headlining licensing deal. These are a few of the most noteworthy stories across...

bitcoinist.com

NFTs In A Nutshell: A Weekly Review

The crypto analyst who called the end of the crypto bull market is now predicting big bounces for Bitcoin (BTC) and Ethereum (ETH) challenger Solana (SOL).
Popular crypto strategist Pentoshi tells his 612,000 Twitter followers that after nearly a year, he’s no longer extremely bearish on Bitcoin.

“Hard to switch bias after being a doomer for 10 months but I do think this can play out in the next two months. I’m also a high timeframe bias person. So focused more on larger timeframes. I have reasons for this.”
Source: Pentoshi/Twitter
According to Pentoshi, Bitcoin’s diagonal resistance that has kept BTC in a downtrend since November last year is approaching the end of its lifespan, and he’s now expecting a breakout rally toward $26,721.
At time of writing, Bitcoin is changing hands for $19,054. A move to Pentoshi’s target suggests upside potential of over 40% for the leading cryptocurrency.
As for smart contract platform Solana (SOL), Pentoshi sees the Ethereum competitor rallying alongside Bitcoin.
“Filled today $32.26. Looking for a ride up to $37. Will cut on a daily below the local lows. 
There is no FOMC (Federal Open Market Committee), or earnings until November. Fed terminal rates at 4.6% (pricing in the max after going from 0 to 4.6%). Think we can squeeze up. Markets are all at high timeframe support, first test of June lows, so it’s now or never.”
Source: Pentoshi/Twitter
At time of writing, Solana is trading at $33.56, down 1.50% in the last 24 hours.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/antishock/Chuenmanuse
The post Crypto Strategist Predicts Big Bounces for Bitcoin and One Ethereum Rival – Here Are His Targets appeared first on The Daily Hodl.


The crypto analyst who called the end of the crypto bull market is now predicting big bounces for Bitcoin (BTC) and Ethereum (ETH) challenger Solana (SOL). Popular crypto strategist Pentoshi tells his 612,000 Twitter followers that after nearly a year, he&#8217;s no longer extremely bearish on Bi...

dailyhodl.com

Crypto Strategist Predicts Big Bounces for Bitcoin and One Ethereum Rival – Here Are His Targets

Dogecoin rallied to a one-month high to start the weekend, as markets marginally rebounded on Saturday. The token rose by as much as 10% in today’s session, racing past a key resistance in the process. Solana was another notable gainer, as it hit an 11-day high.
Dogecoin (DOGE)
Dogecoin was one of Saturday’s most notable movers, as the meme coin rose to a one-month high in today’s session.
Following a low of $0.05974 on Friday, DOGE/USD rose to an intraday peak of $0.06797 to start the weekend.
As a result of today’s surge, the token moved past a key resistance level of $0.06540, rising to its highest point since August 26 in the process.

Looking at the chart, DOGE has slipped from earlier highs, as the 14-day relative strength index (RSI) collided with a ceiling of its own.
As of writing, the index is currently tracking at 56.59, which is marginally below a resistance of 57.00.
Currently DOGE is trading at $0.06572, which is slightly above its aforementioned price ceiling of $0.06540.
Should bulls attempt to push the token back beyond this point, there will need to be a breakout first within the RSI.

Solana (SOL)
In addition to dogecoin, solana (SOL) was another notable gainer in today’s session, as the token moved closer to a resistance level of its own.
SOL/USD surged to a high of $34.70 earlier today, which saw prices climb higher for a third consecutive session.
As a result of today’s peak, the world’s ninth largest cryptocurrency climbed to its strongest point since September 13.

Bulls now look set to take prices even higher, with a ceiling of $36.50 a possible target, should this week’s momentum continue.
Despite the high level of volatility in crypto markets this week, SOL is trading over 4% higher from the same point last week.
The moving average of 10-day (red) also appears to have crossed versus its 25-day (blue) counterpart, which could signal that further gains are ahead.
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Could solana hit $40.00 before the end of the month? Let us know your thoughts in the comments.



























Dogecoin rallied to a one-month high to start the weekend, as markets marginally rebounded on Saturday. The token rose by as much as 10% in today&#x2019;s session, racing past a key resistance in the process. Solana was another notable gainer, as it hit an 11-day high. Dogecoin (DOGE) Dogecoin wa...

news.bitcoin.com

Biggest Movers: DOGE Hits 1-Month High to Start the Weekend

The decentralized wireless network Helium (HNT) is officially migrating to the Solana (SOL) blockchain after a community vote upheld the decision.
The Helium Foundation announced on Thursday that its community approved the move by a majority 81.41% vote on Helium Improvement Proposal (HIP) 70.

Says Scott Sigel, the chief operating officer of the Helium Foundation,
“We have an ambitious mission of deploying and managing wireless networks at scale and moving to Solana allows us to do that. Solana has a proven track record powering some of the world’s most important decentralized initiatives and they were an obvious choice for us to partner with. Moving to the Solana blockchain allows us to focus our efforts on scaling the network as opposed to managing the blockchain itself.”
The Helium Foundation first announced its intention to migrate the ecosystem to Solana in late August, when HNT was trading at around $6.00. In the week following, the token plunged to a low of $3.33.
HNT has since partially recovered and is trading at $4.67 at time of writing. The 71st-ranked crypto asset by market cap is up nearly 5% in the past 24 hours.
Solana’s native asset SOL is trading at $32.56 at time of writing. The 9th-ranked crypto asset by market cap is up more than 5.6% in the past day.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Pattern Trends/WindAwake
The post Helium (HNT) Is Officially Migrating to Solana (SOL) Blockchain After Community Vote appeared first on The Daily Hodl.


The decentralized wireless network Helium (HNT) is officially migrating to the Solana (SOL) blockchain after a community vote upheld the decision. The Helium Foundation announced on Thursday that its community approved the move by a majority 81.41% vote on Helium Improvement Proposal (HIP) 70. Sa...

Helium (HNT) Is Officially Migrating to Solana (SOL) Blockchain After Community Vote

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin.

Ethereum (ETH)
Despite the bullish fundamentals of Ethereum’s merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile.
The resistance is not far away at $1,400, and bears will likely come in strong if the price manages to rally to that level. Unfortunately for the bulls, the buy volume is just not there to push the price higher. With the weekend around the corner, the volume will likely drop further, and it’s likely that we will have to wait for Monday for any significant volatility.
Looking ahead, ETH seems more likely to remain in a downtrend. Only a clean break above $1,400 could reverse this negative bias. The indicators on the daily timeframe also give a bearish signal, and this is unlikely to change any time soon.
Chart by TradingView
Ripple (XRP)
Ripple has been one of the strongest performers in a market that has otherwise seen only red in the past week. With an increase of 54% in the last seven days, XRP is back in the spotlight, fueling rumors of what could have caused this surge.
This most recent rally came to a halt when the price hit the resistance at $0.55. XRP is currently taking a break after such a significant move and is consolidating under this key resistance. The support is found at $0.44 and may not be tested if buyers remain interested.
This move from XRP has surprised the market, considering both BTC and ETH have made lower lows this past week. The biggest question is if buyers will manage to sustain this rally and protect these most recent gains. XRP is known for its sharp increases in price, only to be followed by a gradual correction back to previous price levels.
Chart by TradingView
Cardano (ADA)
With the Vasil upgrade going live, Cardano had a good attempt at rallying, but the volume was simply not there to make it count. For this reason, ADA’s price registered a 2% loss in the past seven days. The support is at $0.43, and this key level has managed to stop the downtrend in the past.
To turn ADA’s price around and move into an uptrend, buyers will have to break the $0.50 level. Otherwise, the cryptocurrency will continue to move sideways between these key levels as before. The indicators are also rather flat, indicating a consolidation period.
Looking ahead, ADA appears to be taking its time before making any significant move. The bias is neutral. The best thing that can happen to Cardano at this time is a break of the key resistance at $0.50.
Chart by TradingView
Solana (SOL)
The most recent rejection at the $38 resistance has pushed Solana’s price into a downtrend which lost 3% of its valuation in the past seven days. Now, SOL is found at critical support with the price hovering just above $30.
Buyers will have to do all that they can to protect the keysupport, because otherwise, Solana will enter a very dangerous area that could lead the price towards a significant drop. In August and September, buyers were successful to defend the $30 support, but the current market does not favor them.
The indicators do not give any clear hits on where Solana could go next and are rather neutral. This shows market participants are hesitating. Usually, this type of price action precedes a major move one way or the other. Therefore, best to be prepared for that.
Chart by TradingView
Binance Coin (BNB)
Binance Coin has lost the uptrend established in March 2020. This may spell trouble in the future as its price could enter a significant correction. For now, the cryptocurrency is consolidating in a descending triangle, represented in blue on the chart. For this reason, BNB only increased by 1% compared to seven days acritical
The key support is found at $261, and the resistance at $300. This descending triangle will likely be resolved by mid,-October at which point we will know where Binance Coin is headed next. Should the price fall below the triangle, then bears will likely dominate the price action and aim for $200.
Despite this bearish outlook, the fundamentals for BNB remain strong, and any significant decrease in price could be followed by a speedy recovery. This is contingent on the overall crypto market recovering since that will bring back demand for BNB on the largest crypto, exchange which is behind this coin.
Chart by TradingView
The post Crypto Price Analysis September-23: Ethereum, Ripple, Cardano, Solana, and Binance Coin appeared first on CryptoPotato.

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum&#8217;s merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the t...

Solana price	$32.46
Low - High 24H	$32.16 - $33.99
Market cap	$11.50B
Volume 24H	$628.84M
All time high	$259.96 -87.53% November 6th 2021
All time low	$0.500801 6375.03% May 11th 2020
Genesis date	N/A

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