Sat, November 2

NFT Sales Plummet 45% in Q2 2024 Amid Ongoing Market Decline

In tandem with the crypto market decline, the sales volume of non-fungible tokens (NFTs) fell by 45 percent from the previous quarter. NFT sales continued their increasing trend from the fourth quarter of 2023, reaching $4.1 billion in the first quarter of 2024, according to statistics from CryptoSlam. The volume

June 26, 2024 1 min read

Billionaire Investor Mark Cuban’s Crypto Wallet Seen Dumping NFTs

After almost two years of inactivity, billionaire Mark Cuban’s cryptocurrency wallet was found selling non-fungible tokens (NFTs). Cuban’s “markcuban.eth” Ethereum Name Service (ENS) wallet started selling NFTs on June 23. From Pudgy Penguins and Wrapped MoonCats to DeepBlack NFTs and EulerBeats Genesis, the works covered a wide spectrum. The last

June 25, 2024 1 min read

Can Coinbase Wallet Revolutionize NFT Liquidity with DUNE404?

While the NFT market is currently in a consolidated phase, one update has gotten attention from the community. Coinbase Wallet, the self-custody wallet, has introduced DUNE404, the first ERC-404 supported by Animoca Brands (a prominent venture capital company) on Base (the Ethereum L2 Chain). It is based on the popular

June 13, 2024 2 mins read

Ethereum’s NFT Dominance Faces Downturn Amid Sector Struggles

The NFT sector has lagged behind the rest of the cryptocurrency industry, which has been quite exciting so far this year. The amount of Ethereum NFT marketplace transactions has been falling every month since January, and it was already much lower in January compared to the billions of dollars moved

June 12, 2024 2 mins read

Bitcoin NFTs Record $4B in All-Time Sales Volume Amid Market Slump

Despite a 54% decline in sales for the entire non-fungible token (NFT) market in May, digital collectibles on Bitcoin hit a new milestone. The overall sales volume of NFTs on the Bitcoin blockchain reached an all-time high of over $4 billion, according to NFT data tracker CryptoSlam, which was published

June 4, 2024 2 mins read

NFT Trading Hits Lowest Point Since October 2023 Amid Crypto Rally

The global cryptocurrency market is displaying a surge, with Bitcoin (BTC) and Ethereum (ETH) reaching new highs. Bitcoin has soared to new peaks, trading between $68,000 and $70,000, while Ethereum is approaching the $4,000 mark. The excitement around these gains is heightened by the anticipation of Bitcoin and Ethereum ETF

May 28, 2024 2 mins read

Yuga Labs Co-founder Unveils Major Plans for Bored Apes Franchise

Greg Solano, co-founder of Yuga Labs, has finally spoken out about his plans for the Bored Apes franchise as a whole. Solano took to his official X account to explain that he is holding himself responsible by basing his update on his 10-day check-in. Ever since it debuted and became

May 26, 2024 2 mins read

NFT Collection Pudgy Penguin’s CEO Reports Over 1M Toy Sales in 12 Months

NFT project CEO Luca Schnetzler reported sales of over one million Pudgy Penguin toys in the last twelve months. As the Pudgy Penguins NFT initiative continues to extend into stores throughout the world, its founder announced on May 13 that sales had skyrocketed to over a million in the last

May 13, 2024 1 min read

OpenSea Shows Steep Decline in ETH NFT Trading Volume, Why?

OpenSea, the leading NFT marketplace, has experienced a significant downturn, in trading volume for Ethereum-based NFTs. Recent data reveals that the platform has an average daily volume of approximately 600 ETH, marking its lowest point since May 2021, predating the onset of the original NFT bull market. OpenSea is doing

May 8, 2024 2 mins read