$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.
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The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss.
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs.
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, maliciously and repeatedly made false statements about his NFT project CryptoZoo.
Despite having a lesser sales volume, NFTs showed a 73% increase in transactions recorded in July.
A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW.
Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May.
Marc Cuban has offloaded some NFTs, while overall NFT sales volume dropped by 45% in Q2.
Bitcoin NFTs surpass Ronin in all-time sales volume, achieving over $4.27 billion and climbing to third place behind Solana and Ethereum.
Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam.
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge.
NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.
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% […]
Polygon NFTs surpassed Ethereum in weekly sales. Polygon captured nearly a quarter of the NFT market with $22.3M in sales.
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 […]
This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once consistently taking the second spot week after week in the NFT sales ranking, Bitcoin-based [...]
The post Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide appeared first on Crypto Breaking News.
Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains. [...]
The post NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC appeared first on Crypto Breaking News.
This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 16.55% decline from March 9 to March 16, 2024. The last seven days have witnessed an even steeper drop, with NFT sales plummeting by 18.57%. Cryptopunk #7,804 Shines in a Week of Falling NFT Sales In line with [...]
The post NFT Sales Tumble 18.57% in 7 Days Amid Broad Crypto Market Retreat appeared first on Crypto Breaking News.
As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. NFT Sales Surge Past $412 Million in [...]
The post NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally appeared first on Crypto Breaking News.
In tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $358,080,260, a decline of 16.55% from the previous week. NFT Sales Decline Across [...]
The post NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn appeared first on Crypto Breaking News.
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