Ethereum NFT Sales Increase for First Time in a Year on OpenSea

• OpenSea, the largest NFT marketplace, has recorded an increase in Ethereum NFT sales for two consecutive months, for the first time in a year.
• The monthly sales of Ethereum NFTs on OpenSea have surpassed $320 million so far in January and $283.5 million in December.
• The increase in Ethereum NFT sales is attributed to the 33% increase in the price of Ethereum in the last 30 days.

As the cryptocurrency market shows signs of recovery, the Non-Fungible Token (NFT) industry is following suit. OpenSea, the largest marketplace for NFTs, has reported a consecutive increase in Ethereum NFT sales for the first time in a year. According to publicly available blockchain data from Dune, an analytics platform, OpenSea has processed more than $320 million in Ethereum NFT trades so far in January, surpassing the amount of $283.5 million processed in December. This marks an increase from the $253 million in Ethereum NFT trades recorded in November.

The increase in Ethereum NFT sales can be attributed to the rising price of Ethereum. As per CoinGecko, the price of Ethereum has increased by 33% in the last 30 days to $1,620. Even when expressed in Ethereum, OpenSea’s January sales barely surpassed the amount in December, with over 228,000 ETH this month compared to 227,000 ETH in December. Nearly 191,000 ETH worth of Ethereum NFTs were sold by OpenSea in November.

The recent growth in Ethereum NFTs sales is a positive sign for the industry and a sign of hope following months of declining sales. While OpenSea’s sales figures show just how drastically the NFT industry has been hit by the bear market, the market is bouncing back, and NFTs may be returning to their pre-bear market heights.

Investors are now more optimistic about the future of NFTs, with the increasing sales on OpenSea indicating that the market may be recovering. With more players entering the market and large sales taking place, the industry could be on the verge of a new surge. It remains to be seen if the momentum can be sustained, and if OpenSea can continue to record increases in sales.

Dogecoin on the Rise: Can it Reach $1?

• Dogecoin (DOGE) has seen a significant surge in price following the recent market rally.
• The leading meme coin is trading above all its major moving average (MA) indicators, and has a positive MACD signal.
• The Dogecoin Foundation is investing heavily in developers to help the coin reach a price of $1.

Dogecoin (DOGE) has been experiencing a remarkable resurgence in the crypto markets in recent days, with investors hopeful that the leading meme coin will be able to reach the $1 mark. DOGE is currently trading at $0.0840, indicating an uptrend of 0.39% in the past 24 hours. This is good news for investors, as the broader market has retracted by 0.53% during the same period.

On the technical front, Dogecoin is doing quite well. The digital asset trades above all its major moving averages, from the 10-day MA of $0.08366 to the 200-day MA of $0.08378. This is a bullish sign that the coin is likely to continue its uptrend. The asset also has a positive moving average convergence divergence (MACD) signal, which indicates that the price is likely to move higher. However, investors should be wary of the asset’s relative strength index (RSI) of 59.21, as it is approaching the overbought region.

The Dogecoin Foundation is also investing heavily in developers to help the coin reach a price of $1. The Foundation recently announced an investment of $1.2 million in the development of Dogecoin, which is being used to fund projects such as the Dogecoin wallet, the Dogecoin blockchain, and other development initiatives. The Foundation is also working with reputable developers such as Coinbase and Binance to ensure the success of the coin.

Overall, it appears that Dogecoin is in a good position to make a run towards the $1 mark. If the coin can maintain the current level of growth, and the Foundation continues to invest in its development, then it could be possible for the meme coin to reach its goal. Only time will tell if the coin will make it to the $1 mark, but for now, the prospects look promising.

Smell Your Way Into the Metaverse: Tokens Soar After CES Event

• Tokens in the metaverse soared on Monday as the ability to smell entered the Metaverse.
• This was followed by the Sandbox (SAND) which rose 14.34% to trade at $0.5189, Decentraland (MANA) was up 13.5% to $0.4 and ApeCoin climbed 11.5% to exchange hands at $4.67.
• OVR Technology showcased a VR headset with a container holding eight primary aromas that can be mixed together to create various scents.

The cryptocurrency market was abuzz with activity on Monday, as tokens in the metaverse soared thanks to a revolutionary new development. A sense of smell, long a missing link in the virtual reality experience, has now been added, making the metaverse a much more immersive and life-like experience. This development has had a huge impact on the price of tokens, with Zilliqa price climbing as much as 50%. This was followed by the Sandbox (SAND) which rose 14.34% to trade at $0.5189, Decentraland (MANA) was up 13.5% to $0.4 while ApeCoin climbed 11.5% to exchange hands at $4.67.

The incredible success of the metaverse is closely tied to the development of human aspects of the virtual reality (VR) world that enhances user experience. This has been highlighted in a recent report from McKinsey & Company, which states that the success of the metaverse is dependent on the development of such features. At the Consumer Electronics Show (CES) 2023, these advancements were showcased by metaverse-focused companies.

One of the companies, OVR Technology, based in Vermont USA, showcased a revolutionary VR headset with a container holding eight primary aromas that can be mixed together to create various scents. This means that the users of the metaverse will now be able to experience smells in the virtual world, just as they would in the real world. The CEO of OVR Technology, Aaron Wisniewski, had this to say:

„Extended reality will soon be integrated with commerce, entertainment, social connection, education, and well-being. The presence of scent in these experiences gives them unmatched power.“

The CES event took place between January 5 and 8 in Las Vegas, and has been a major boon for the metaverse tokens, with Zilliqa benefitting the most. This surge in prices has been seen as a sign of increased confidence in the metaverse and its potential to revolutionize the way we interact with the world. With more features being added to the metaverse, it is likely that the tokens associated with it will continue to grow in value in the near future.

Earn Carbon Credits with C+Charge: Invest in the Presale Stage of This Exciting Crypto Project!

• C+Charge is a cryptocurrency project that will use blockchain technology to democratize the carbon credit market.
• C+Charge aims to make it easier for electric vehicle owners to earn carbon credits, thus encouraging the adoption of EV.
• Investing in the presale stage of a cryptocurrency project can bring the most profitable returns, but it also involves the highest risk.

The use of cryptocurrency in the world of finance is becoming increasingly popular, and the market for crypto-based projects is growing. There are numerous projects that are looking to leverage blockchain technology to revolutionize different industries, and one such project that is gaining a lot of traction is C+Charge.

C+Charge is a cryptocurrency project that is looking to utilize blockchain technology to revolutionize the carbon credit market. The electric car sector has seen significant growth over the past few years, but there are still some challenges that need to be addressed in order to ensure the widespread adoption of EVs. To tackle these issues, C+Charge is making use of blockchain technology to create a platform that will make it easier for EV owners to earn carbon credits. This will help reduce the impact of growing energy prices and legislation, making it more convenient and productive to own an EV.

The presale stage of a cryptocurrency project is a great opportunity for investors to get in early and potentially get the most profitable returns. However, it should also be noted that this stage also involves the highest risk. Therefore, it is important to do your research and understand the potential risks and rewards of investing in a particular project.

The C+Charge project is one that could potentially 10x your money, and is definitely one to keep an eye on in 2023. If you are looking to invest in the presale stage of a cryptocurrency project, make sure to check out the updates on the C+Charge project, as well as the other best crypto presales in 2023.

Fidelity Looks to the Future of Crypto: 500 Employees, Commission-Free Trades, and More

• Fidelity Investments is increasingly investing in cryptocurrency products, including offering Bitcoin in 401(k) plans, Ethereum trading, and commission-free trades.
• Fidelity anticipates having 500 employees working in its Digital Assets division by the end of March 2023.
• Cryptocurrency has transformed from a cutting-edge technology to an enormous bubble, with over $2 trillion in token market value lost and numerous cryptocurrency businesses filing for bankruptcy.

Fidelity Investments is looking to the future of cryptocurrency and banking on it. With the increasing range of its crypto products and programs, the privately held brokerage and mutual fund behemoth is pushing to be at the forefront of the space.

In November 2020, Fidelity launched a program to enable the use of Bitcoin in 401(k) plans that it manages. This further expanded in March 2021, when Fidelity enhanced its platform for institutional clients by adding Ethereum trading and real-time settlement. By the end of March 2023, Fidelity anticipates having 500 employees working in its Digital Assets division, with 28 available positions with “digital assets” in the job description listed on their website.

Fidelity’s goal for its 40 million individual investors may be to bring bitcoin to them. Customers can trade Bitcoin and Ether commission-free, starting “with as little as $1,” after signing up for the company’s wait list.

However, Fidelity’s timing is unfortunate. Over the course of the past year, cryptocurrency has transformed from a cutting-edge technology to an enormous bubble, with over $2 trillion in token market value lost and numerous cryptocurrency businesses filing for bankruptcy. The FTX scandal that broke over the summer only further highlighted the risks involved with investing in cryptocurrency.

Despite the risks, Fidelity is looking to capitalize on the potential upside of cryptocurrency. With its increased range of crypto products, the company is positioning itself as a leader in the space. While only time will tell whether this decision will pay off, Fidelity is confident in its future success.