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CATEGORY: nft market


NFT sales plummet to lowest monthly volume since 2021  CryptoSlam

Author: Cointelegraph by Ezra Reguerra
United States
Oct 01, 2024 12:00

NFT sales plummet to lowest monthly volume since 2021 CryptoSlam

NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September. 

Monthly NFT sales fall below $400M, marking yearly low

Author: Cointelegraph by Ezra Reguerra
United States
Sep 03, 2024 12:00

Monthly NFT sales fall below $400M, marking yearly low

NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million the lowest this year.

Infinex NFTs top $40M sales in first four days, despite NFT bear market

Author: Cointelegraph by Zoltan Vardai
United States
Sep 19, 2024 12:00

Infinex NFTs top $40M sales in first four days, despite NFT bear market

The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.

NFTs show signs of life as weekly volumes turn positive

Author: Cointelegraph by Ezra Reguerra
United States
Aug 27, 2024 12:00

NFTs show signs of life as weekly volumes turn positive

NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase. 

$24M CryptoPunk sale shows either NFTs are over or this is the bottom

Author: Cointelegraph by Ezra Reguerra
United States
Aug 24, 2024 12:00

$24M CryptoPunk sale shows either NFTs are over or this is the bottom

SideShift.ai CEO Andreas Brekken believes CryptoPunk #5822 was most definitely sold at a loss and that NFTs are going to zero. 

$24M CryptoPunk NFT sold quietly as market interest fades

Author: Cointelegraph by Ezra Reguerra
United States
Aug 21, 2024 12:00

$24M CryptoPunk NFT sold quietly as market interest fades

The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss. 

NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter

Author: Cointelegraph by Prashant Jha
United States
Jul 04, 2024 12:00

NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter

Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, maliciously and repeatedly made false statements about his NFT project CryptoZoo.

Gaming blockchain Ronin records 2M daily active users: Token Terminal

Author: Cointelegraph by Ezra Reguerra
United States
Jul 30, 2024 12:00

Gaming blockchain Ronin records 2M daily active users: Token Terminal

Ronin blockchain surpasses every other blockchain in daily active users, recording a two million DAU count on July 29.

Pixelverse to put Pudgy Penguin character on Telegram mini game

Author: Cointelegraph by Ezra Reguerra
United States
Jul 17, 2024 12:00

Pixelverse to put Pudgy Penguin character on Telegram mini game

A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW.

Why reports of the death of NFTs are greatly exaggerated

Author: Cointelegraph by Ezra Reguerra
United States
Jun 28, 2024 12:00

Why reports of the death of NFTs are greatly exaggerated

Toshiuki Otsuka, who founded a snap-to-earn platform, strongly opposed the narrative and argued that NFTs are "evolving."

Marc Cuban wallet dumps NFTs, market volume drops 45%: Nifty Newsletter

Author: Cointelegraph by Ezra Reguerra
United States
Jun 27, 2024 12:00

Marc Cuban wallet dumps NFTs, market volume drops 45%: Nifty Newsletter

Marc Cuban has offloaded some NFTs, while overall NFT sales volume dropped by 45% in Q2.

Konami partners with Avalanche for Resella NFT platform launch

Author: Cointelegraph by Ezra Reguerra
United States
Jun 21, 2024 12:00

Konami partners with Avalanche for Resella NFT platform launch

Konami Digital Entertainment has teamed up with Avalanche to debut Resella, an intuitive NFT platform simplifying NFT creation, issuance and trading.

Jun 12, 2024 05:50

NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs

In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal.  According to a Bloomberg report, Google searches for NFTs have [...]

The post NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs appeared first on Crypto Breaking News.

NFT sales volume tumbles 54% in May: CryptoSlam

Author: Cointelegraph by Ezra Reguerra
United States
Jun 01, 2024 12:00

NFT sales volume tumbles 54% in May: CryptoSlam

NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.

Apr 07, 2025 02:35

Buyers Return to NFT While Spending Power Fades

Renewed interest in the NFT markets has emerged even as the overall purchasing power weakens. Recent data provided by CryptoSlam indicates that buyers in the non-fungible token sphere grew by more than 24% over the past week. Even with this increase in participation, the total volume of sales for non-fungible tokens declined by almost 8% […]

Apr 05, 2024 04:45

Binance NFT Ceases Support for Bitcoin NFTs


Binance NFT discontinues Bitcoin NFT trades and deposits, advises withdrawals by deadline, and details distribution of Runestone NFTs and tokens. (Read More)

Apr 05, 2024 02:35

Bitcoin NFT Market Thrives, Franklin Templeton Remains Bullish, Binance Ends Support

Franklin Templeton’s digital assets division has released a note to its investors introducing Bitcoin-based non-fungible tokens (NFTs), highlighting a surge in activity within the Bitcoin ecosystem.  The asset manager attributes this increased momentum to various factors, including the emergence of Bitcoin (BTC) NFTs called Ordinals, the development of new fungible standards like BRC-20 and Runes, the growth of Bitcoin Layer 2 (L2s) solutions, and the expansion of decentralized finance (DeFi) applications built on the Bitcoin network. Bitcoin Ordinals Shine According to the Bitcoin ETF issuer’s report, activity in the Bitcoin NFT space is gaining momentum. In particular, Ordinals have seen a significant increase in trading volume over the past few months.  This growth is evident in Bitcoin’s dominance in terms of trading volume, which surpassed Ethereum (ETH) in December 2023, as shown in the accompanying chart.  Related Reading: Trouble Ahead? Binance Coin Futures Market Under Pressure With Negative Funding Rates In addition, several collections of Bitcoin Ordinals are emerging as dominant players in the NFT market, both in terms of trading volume and market capitalization.  These collections include NodeMonkes, Runestone, and Bitcoin Puppets, which have an aggregate market cap of $353 million, $339 million, and $168 million, respectively. They are the most notable collections.  In terms of trading volume over the past 30 days, the report shows that these three collections recorded trading volumes of $81 million, $85 million, and $38 million, respectively, over the past month.  The asset manager further claimed that what distinguishes BTC Ordinals from NFTs on other blockchains, such as Ethereum or Solana, is that they contain raw data recorded directly on the Bitcoin blockchain. This feature contributes to the attractiveness and growing popularity of Bitcoin Ordinals, as evidenced by market cap and trading volume figures. Franklin Templeton, known for its involvement in the ETF market, was one of the issuers that launched a spot BTC  ETF in the United States earlier this year. Its ETF, which trades under the ticker name “EZBC,” has seen total inflows of 281.8 million since its January 11 launch, according to BitMEX research data as of April 3.  Despite its zero-fee structure, Franklin Templeton’s ETF has seen a significant difference in flows compared to the leading players in the newly approved ETF market, such as Blackrock (IBIT) and Fidelity (FBTC), which have seen flows of over 14 billion and 7.7 billion, respectively. Binance To Discontinue Support For BTC NFTs In a recent blog post, crypto exchange Binance announced it would discontinue support for Bitcoin-based NFTs on its marketplace. Less than a year after their introduction, Binance will no longer facilitate airdrops, benefits, or utilities associated with BTC NFTs, citing a need to streamline its product offerings in the NFT space. Related Reading: Injective Whales Go On $24.8 Million Buying Spree, Is This The Next Solana? Binance states that users who own Bitcoin NFTs are advised to withdraw them from the Binance NFT marketplace via the Bitcoin network before May 18, 2024.  Effective April 18, 2024, users can no longer purchase, deposit, bid, or list NFTs via the BTC network on the Binance NFT Marketplace. Any existing listing orders affected by this change will be automatically canceled simultaneously. Currently, BTC is trading at $68,300, up a modest 3% in the last 24 hours. It is approaching the significant milestone of $70,000, a level the cryptocurrency has struggled to maintain several times. Featured image from Shutterstock, chart from TradingView.com

May 01, 2025 04:40

Arctic Pablo, Shiba Inu & Turbo Updates Top Meme Coins to Invest in This Week

Discover Arctic Pablo Coin's explosive presale, Shiba Inus latest moves, and Turbo's updates. Top Meme Coins to Invest in This Week for massive potential gains.

The post Arctic Pablo, Shiba Inu & Turbo Updates – Top Meme Coins to Invest in This Week appeared first on Kanalcoin.

Then vs. Now: Top NFT Collections and How Much Their Prices Have Crashed Since 2021

Author: Shiela Bertillo
Philippines
Apr 22, 2025 02:55

Then vs. Now: Top NFT Collections and How Much Their Prices Have Crashed Since 2021

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.

Market Downturn: ByBit Halts Operations of its NFT Platform, Inscription Marketplace

Author: Paul Adedoyin
Estonia
Apr 03, 2025 02:35

Market Downturn: ByBit Halts Operations of its NFT Platform, Inscription Marketplace

Inscription Marketplace, the NFT marketplace owned by the Bybit platform, has been shut down. Bybit is one of several companies exiting the NFT space after the value of these digital collectibles has decreased significantly.

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