Analysis Crypto by Thebittimes.Com

The non-fungible token market has seen a rebound in 2025, marked by a significant increase in market capitalization and trading sales volumes, driven by strong market performance in blue-chip non-fungible token projects. For the first time since January, the NFT market has seen its market capitalization reach +$8.4 billion in August. In this article, we have listed some of the top NFT gainers and losers in August. NFT Gainers In August 2025 Moonbirds, a non-fungible token collection previously from the digital asset incubation studio Proof Collective, featuring a limited edition of 10,000 pixilated owl-themed profile pictures hosted on the Ethereum blockchain network, is one of the top gainers in the NFT market this month. In the past 30 days, the Moonbirds NFT has seen its floor price surge to 3.2 ETH, up 89% from the past month. Moonbirds is now managed by the digital asset firm, Orange Cap Games. Source: nftpricefloor.com, Top NFT gainers and losers in August CryptoPunks V1...

DeFi’s Impact on the Art World: Empowering Artists in the Digital Age! Decentralized Finance (DeFi) has revolutionized multiple industries, and the art world is no exception. Traditionally, artists have faced challenges in monetizing their work, maintaining control over intellectual property, and securing funding. However, DeFi is changing the game by offering direct financial solutions that empower creators. Through blockchain technology, smart contracts, and tokenization, artists can now take control of their careers like never before. Monetization Without Middlemen One of DeFi’s biggest contributions to the art world is eliminating intermediaries. In the traditional art market, galleries, auction houses, and streaming platforms take significant cuts from artists’ earnings. DeFi platforms enable peer-to-peer transactions, allowing creators to sell their work directly to collectors and fans through blockchain-based marketplaces. For example, NFTs (non-fungible tokens) have...

On a much-anticipated podcast episode released on Sunday, presidential candidate Donald Trump spent three hours talking to host Joe Rogan — but cryptocurrency or bitcoin weren’t mentioned once. This contentious topic has been raised more frequently by both Trump and Kamala Harris as election day looms. Recently, Harris’ attempts to win the votes of Black males backfired among the crypto community. Some were quick to point out that her administration has failed to produce concrete crypto regulations , instead alienating top firms with seemingly baseless litigation. Spent 3 hours watching Joe Rogan & Trump podcast but they didn't mention " crypto "pic.twitter.com/jyvi4lzrFq — naiive (@naiivememe) October 27, 2024 At least Trump said he’s open to the possibility of aliens. Meanwhile, Trump has made explicit attempts to rally the Bitcoin community. He has been involved in several NFT collections and, most recently, crypto pr...

Blockchain technology is poised to revolutionize gaming ecosystems by enhancing transparency, ownership, and player engagement. One of its most significant contributions is the introduction of true ownership of in-game assets through non-fungible tokens (NFTs). Players can buy, sell, and trade their unique items across different games, fostering a vibrant marketplace and creating real value for gamers. Additionally, blockchain enables decentralized gaming platforms that allow developers and players to collaborate more freely. Smart contracts can automate game mechanics, ensuring fairness and reducing the risk of fraud. This transparency builds trust within the gaming community, as players can verify the authenticity and scarcity of digital assets. Moreover, blockchain’s ability to facilitate cross-game interactions enhances the gaming experience. Players can use their assets in multiple games, bridging different gaming worlds and creating a cohesive ecosystem. This interoperability enc...

With only 3 days remaining, investors are rushing into the Mega Dice presale ahead of its scheduled debut on Solana’s Raydium DEX on September 30th. Mega Dice is anticipated to be one of the most profitable presale launches of 2024, having already raised $1.8 million. Its strong performance is bolstered by growing momentum in the GambleFi sector. One of the main selling points is the platform’s utility beyond just being a governance token—it offers cashback options and can be used within the casino itself. Mega Dice has attracted over 50,000 users and handles more than $50 million in monthly bets, establishing itself as a credible, revenue-generating venture. This article explores popular crypto YouTuber Cilinix Crypto’s review of Mega Dice and provides an update as the presale nears its end. Why Mega Dice is the Next Big Thing in Online Gaming and Crypto Mega Dice emerges as a trailblazing platform, combining the thrill of online casinos with the innovations...

BNB Chain, a leading blockchain platform, has unveiled an Ecosystem Fund designed to accelerate the development of decentralized applications (dApps) and projects within its ecosystem. This initiative, supported by a substantial financial commitment, aims to foster innovation by providing resources to developers and startups, enabling them to build, scale, and integrate seamlessly into the BNB Chain network. The Ecosystem Fund focuses on critical areas such as DeFi, NFTs, gaming, and infrastructure, aligning with the broader vision of advancing blockchain technology. By offering grants, technical support, and strategic partnerships, the fund empowers creators to push the boundaries of what’s possible on the blockchain. Moreover, this initiative underscores BNB Chain’s commitment to decentralization, scalability, and sustainability. By nurturing a vibrant community of innovators, the Ecosystem Fund is not just a financial boost but a catalyst for long-term growth, ensuring BNB Chain rem...

As August comes to a close, Bitcoin (BTC-USD) has underperformed traditional assets, with an 8% drop this month. This decline is fueled by shrinking liquidity and concerns over potential sell-offs from government-held Bitcoin stockpiles. These stockpiles could add up to a $33 billion supply overhang.  Notably, the US, China, the UK, and Ukraine hold significant amounts of Bitcoin, with the defunct Mt. Gox exchange also having a substantial amount to distribute. Despite net inflows into US spot-Bitcoin ETFs and expectations of Federal Reserve policy easing, Bitcoin’s performance has struggled, reflecting the broader market’s uncertainty.   Biggest Crypto Gainers Today – Top List As the crypto market continues to navigate its twists and turns, a few standout tokens have risen to the top today. With solid performance and unique value propositions, Flow, Kaspa, KuCoin Token, and MultiversX have caught the eye of investors. Let’s examine today’s to...

Is Crypto a Part of NFT? A Comprehensive Guide In the world of digital assets, there are two main types that have been making waves in recent years: crypto currencies and non-fungible tokens (NFTs). Both serve different purposes and offer unique advantages. Wondering “Is Crypto a Part of NFT?” To better understand the concept of NFTs and their relationship with crypto currencies, let’s delve into a comprehensive Analysis of these digital assets. Also read: Is NFT safer than crypto ? Source: Cryptopolitan What are fungible tokens? Before diving into the world of non-fungible tokens (NFTs), it’s important to understand the concept of fungible tokens. Fungible tokens are interchangeable and can be traded on a one-to-one basis. Cryptocurrencies such as Bitcoin and Ethereum are examples of fungible tokens. Each unit of these crypto currencies is identical and can be exchanged for one another without any difference in value. Is Crypto a Part of NFT? ...

A recent report from Nansen revealed that 67% of new NFTs minted last month on Ethereum are currently in a profitable state. Well, this might seem to be an optimistic development, however, there’s a catch. Zooming out and shedding light on the whole picture, the blockchain data and research platform tweeted, “ New NFT mints have been on a decline since summer, with NFTs minted in May being 65% lower than that in April, AND the lowest it’s been since June ’21 .” Typically, whenever a new collection is minted, the percentage of new mints in profit is higher in the first month. However, that starts dropping after a few months, as illustrated below. Source: Nansen Also Read: Crypto, NFTs: UAE Central Bank Issues New AML, CTF Guidance for Institutions Macro state of affairs in the NFT market The mint downtrend typically signifies that people are steering away from the NFT market currently. In fact, even secondary sales are on the drop. According to data from Dune Analytics, th...

The 2021 version of the Internal Revenue Service form 1040 saliently featured a line item [highlighted in the snapshot attached] asking if filers at any time during the year “received, sold, exchanged, or otherwise disposed of any financial interest in any virtual currency.” The said specification, to some extent, implied that the agency intended to make crypto a point of focus in the future. Source: Watcher Guru Archives Scope expanded to NFTs The agency recently updated its annual income tax instructions and per the released draft, the taxable category does not include the phrase “virtual currency” anymore. In a move to expand the scope of accounted assets, the said phrase has been replaced with “digital assets,” which outrightly includes Non-Fungible Tokens [NFTs]. Per the draft instructions, “Digital assets are any digital representations of value that are recorded on a crypto graphically secured distributed ledger or any similar ...