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The monthly volume of sales for non-fungible tokens (NFTs) continued its downward trend in August, reaching $374 million, the lowest monthly sales volume of 2024. As of this year, digital collectibles have never before achieved a monthly volume below $400 million. The digital collectibles market was worth only $374 million
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.
The Ether whale started selling tokens on Sept. 16, with over $38 million in ETH still in its wallets.
A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea.
SideShift.ai CEO Andreas Brekken believes CryptoPunk #5822 was most definitely sold at a loss and that NFTs are going to zero.
The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price.
Investors who purchased NFTs just a few years ago may have reason to regret their decision.
The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss.
The online event will occur at 7 pm UTC and end on Aug. 22.
Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.
From Sony's new web3 project to new updates from Bybit, heres a roundup of the top crypto stories you may have missed.
BitPinas revisits the most iconic NFT collections of the 2021 bull runincluding CryptoPunks, BAYC, Azuki, and moreand compares their peak values to current prices in 2025.
A CryptoPunk trader has been sentenced to six years in prison for making $13 million in profits. The trader was found guilty of engaging in illegal cryptocurrency trading activities. The authorities cracked down on the trader after discovering the massive gains made through fraudulent means. The CryptoPunk trader used deceptive tactics to manipulate the market [...]
The post NFT Trader in Legal Trouble for $13M Tax Fraud Related to CryptoPunk Profits appeared first on Crypto Breaking News.
The slump in the broader crypto market seems to also be affecting the NFT market, as sales volume for NFTs dropped by 4.38% in the last seven days to $93.6 million. Data from leading NFT analytics platform CryptoSlam showed a further decline in NFT sales volume from the previous week’s drop to $102.8 million. Sharp […]
An individual who holds a significant amount of cryptocurrency, commonly referred to as a “whale,” recently sold a CryptoPunk NFT for $6 million at a loss of $9.7 million from the original purchase a year ago. This event highlights the volatile nature of the cryptocurrency market, where prices can fluctuate dramatically in a short period. [...]
The post NFT Trader Takes Huge Loss Selling CryptoPunk After a Year for Almost $10 Million appeared first on Crypto Breaking News.
Yuga Labs, known for Bored Ape Yacht Club, has agreed to acquire Roar Studios, enhancing its metaverse vision. (Read More)
In a March 30 blog post, The Avalanche Foundation announced the launch of Avaissance, an initiative designed to support digital artists and boost the growth of the Avalanche nonfungible token (NFT) ecosystem. Avaissance has two main components, an Artist in Resident program (AIR) for over 50 artists and the Mona Lisa Initiative (MLI) to curate [...]
The post Avalanche launches initiative for digital artists, NFT creator protests Sotheby’s gender bias, and more appeared first on Crypto Breaking News.
Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates, [...]
The post NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023 appeared first on Crypto Breaking News.
An anonymous buyer purchased a rare CryptoPunks NFT for more than $16 million worth of ETH.
On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which was clinched 16 days earlier for 4,500 ETH or $16,010,724. The record for the priciest [...]
The post Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection appeared first on Crypto Breaking News.
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