CryptoPunks | Crypto

BitMEX co-founder Arthur Hayes has declared that the OG NFT collection CryptoPunks will outperform Ethereum (ETH) in this cycle, citing internet status culture as the primary driver. With NFT market volumes exploding and Ethereum showing bullish momentum, his forecast has ignited debate among analysts and collectors alike. Scarcity, Status, and Sentiment Hayes believes that as […]

Arthur Hayes, Chief Investment Officer at Maelstrom and former BitMEX CEO, has shared a highly optimistic outlook for Ethereum (ETH), predicting that the digital asset could reach a new all-time high of $10,000 by the end of the year. In a July 23 blog post, Hayes described ETH as “the most hated large-cap crypto,” likening […] The post Arthur Hayes bets on $10k Ethereum and CryptoPunks as new status symbols appeared first on CryptoSlate.

The foundation is a nonprofit devoted to "safeguarding internet-native culture." The sale price is undisclosed. Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement.  The acquisition of CryptoPunks, plus its additional $25 million endowment, establishes NODE as “the most well-capitalized nonprofit dedicated solely to digital art in the United States,” the foundation said in an X post.  The terms of the deal were not disclosed.  Read more