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.
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NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million the lowest this year.
NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase.
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
Despite having a lesser sales volume, NFTs showed a 73% increase in transactions recorded in July.
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Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.
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In a striking reversal of fortune, Hong Kong’s crypto asset market has seen a resurgence of interest from tech companies and investors over the past year. This shift marks a significant turnaround from the recent trend of firms relocating to Singapore, signaling renewed confidence in Hong Kong’s financial future. According to the report, as the […]
If I had to choose one Bitcoin conference to attend, it would be the Oslo Freedom Forum and it's technically not even about Bitcoin.
Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam.
NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.
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 […]
Michael Saylor, Layah Heilpern and Girl Gone Crypto were among those in the crypto community that took an interest in what Australian actress Margot Robbie had to say about Bitcoin.
The Hong Kong Securities Futures Commission (SFC) plans to release guidelines for cryptocurrency exchange licensing next month, in support of trading services to retail investors by June 1. AML/KYC regulatory requirements were key considerations in the consultation process. Some trading platforms have already received licenses, while others have chosen to cease operations. (Read More)
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland.
The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about $55.29 million, confirming the millions of Ordinal inscriptions. Bitcoin’s Ordinal Inscriptions Near 19 Million As [...]
The post Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop appeared first on Crypto Breaking News.
The Securities and Futures Commission (SFC) of Hong Kong concluded a consultation period today, revealing the finalized regulatory requirements for operators of virtual asset trading platforms licensed by the SFC. (Read More)
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10% lower. Presently, the difficulty change looks as though it could be 2022’s
The post Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction appeared first on BTC Ethereum Crypto Currency Blog.
Fedi is working to change the face of bitcoin self-custody by onboarding millions of people onto bitcoin by getting them off exchanges.
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