Bitcoin Ordinals flip Ethereum in weekly sales, Coachella launching NFTs: Nifty Newsletter


In this week’s newsletter, Bitcoin-based nonfungible tokens (NFTs) flipped Ethereum in weekly sales, and an Ordinals trader recovered their Bitcoin after a mistaken transaction. Read about Coachella and OpenSea collaborating on three NFT collections, find out how The Sandbox executives feel about NFTs and the metaverse in an exclusive interview, and a rare CryptoPunk sold for $16 million.

Bitcoin NFTs make comeback in weekly sales, flipping Ethereum

Bitcoin Ordinals-based NFT collections surpassed Ethereum NFTs in weekly sales after a spike in volume led by the collection called NodeMonkes. The sales of Bitcoin NFTs recorded $169.5 million in volume, going up by 80% week-over-week. Ethereum, the top blockchain in all-time NFT sales, had $162 million in the same week.

Uncategorized Ordinals — NFTs that are not part of any collections — had the most sales, with $43 million in volume across 47,000 transactions. The NodeMonkes collection followed in second place, with $41 million in sales volume.

Ordinals trader gets Bitcoin back after fat-fingered NFT purchase

A Bitcoin Ordinals trader was refunded after mistakenly purchasing an NFT worth $13,000. On March 1, the trader shared their story on X to remind the community to double-check their transactions. However, the NFTs original owner saw the post on X and offered to repurchase the NFT.

Dan Anderson, the seller of the NFT, offered to buy back the asset with the original sale price. According to Anderson, they listed the NFT for 0.21 BTC (about $13,000 at the time) because it’s “dank” and not to “fish for a fat finger.”

Coachella and OpenSea launch NFTs with music festival utility and keepsakes

Arts and music festival Coachella announced a collaboration with OpenSea to launch NFTs with utilities during the popular event. On March 5, the festival revealed that its 2024 festival will have three NFT collections. These NFTs will act as passes to exclusive experiences and merch.

The NFTs will be hosted on the Avalanche network. The collections will be released in three drops that combine Coachella’s intellectual property artwork with extra benefits like access to exclusive areas for holders.

Metaverse experiences with major brands, artists and DJs drive The Sandbox’s resurgence

The Sandbox co-founder Sébastien Borget and CEO Arthur Madrid spoke with Cointelegraph’s Gareth Jenkinson at the NFT Paris event about renewed interest in the metaverse platform’s token and its partnerships with brands like Lacoste and Gucci.

Madrid said that while people enjoy saying that the metaverse is dead, this is not the case for them. The executive argued that having a metaverse with crypto, NFTs and avatars is still meaningful. Meanwhile, Borget explained that they focus on empowering creators to create new content experiences.

Rare alien CryptoPunk sells for $16 million worth of Ethereum

A rare alien-like Punk claimed the second-highest selling price for an Alien CryptoPunk NFT after getting a 4,500 Ether bid on March 4. The $16 million bid was accepted, and the CryptoPunk #3100 asset was awarded to the anonymous bidder.

The NFT is valued because it was very rare, being one of the 10,000 in the highly sought-after CryptoPunks collection. In addition, there were only nine Alien CryptoPunks ever minted.

Source : Cointelegraph / Mar 7, 2024 logo


240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma


The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act. How we keep your money safe.