Ellen’s NFT auction flops, Oscars controversy, Kayne’s $1.8M sneakers, and more

The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat” NFT for $2,500 on the Bitski platform. Sixty-four other people paid $100 each for an open Silver edition of the same NFT. The drawing appears to have been created with minimal effort in a bid to satirize the notion that any old celebrity-peddled junk will sell as an NFT. A Platinum video monologue about NFTs by Ellen fetched…

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$400K Bitcoin predicted this year, NFT warning, Instagram influencer in trouble

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Stock-to-flow creator doesn’t think Bitcoin’s bull market is done Bitcoin’s price seems to have stalled below $60,000 after surging to all-time highs earlier in March. But on the bright side, Friday’s $6-billion expiration of options — a record-breaking sum — didn’t deliver the slump that…

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ConsenSys announces layer-two NFT platform, Palm, to compete with Flow

With a possible billion-dollar nonfungible token drop and a high-powered, multiproject collaboration in the works, the Ethereum ecosystem may finally be ready to compete with NFT-centric blockchain Flow.  In a press release today, Ethereum software developer ConsenSys announced Palm, an environmentally friendly NFT scaling solution. Palm will be a sidechain designed to be “fully connected” to Ethereum, sporting faster settlement times, lower fees and an especially light carbon footprint — a noted bugaboo for artists as of late. Ethereum’s community — one of the chain’s advantages over the faster, more…

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