Over the weekend, the crypto market showed a brief bullish return, much to the joy of investors. Bitcoin reclaimed $86K after the past week’s crash. Although it has currently returned to the $84K level, it has instilled hopes for a market recovery. Meanwhile, Trump’s memecoin, Official Trump, is set to
Pudgy Penguins has recently made history by surpassing the floor price of the iconic Bored Ape Yacht Club (BAYC), marking a significant milestone in the NFT space. As of December 2024, Pudgy Penguins’ floor price reached an all-time high of 24 ETH, approximately $93,000, signaling the collection’s meteoric rise. This
As interest in digital collectibles continues to rise, sales of non-fungible tokens (NFTs) surged by 57.8 percent in November, continuing their monthly upward trend. An analysis by analytics firm CryptoSlam revealed on December 1st that NFTs saw a significant uptick in sales volume over October, reaching $562 million. NFT monthly
The NFT market recently witnessed a significant transaction with CryptoPunk 1563 being sold for a staggering 24,000 ETH, equivalent to over $56.3 million. This sale, which occurred on October 4, stands as one of the most prominent in the history of NFTs. The buyer, identified as 0x9cbb3d, used a flash
In a dramatic twist, a CryptoPunks NFT that once commanded $1.5 million was recently sold for a mere $23,000. This sudden and steep decline in value has captured widespread attention and sparked discussions within the cryptocurrency community. The NFT, a highly coveted piece from the CryptoPunks collection, experienced a shocking
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
CryptoPunks is a groundbreaking project of 10,000 collectible characters or crypto avatars on the Ethereum blockchain. It has recently experienced dramatic fluctuations in value due to a dip in “blue chip” NFTs. CryptoPunks launched in July 2017, is celebrated as one of the earliest examples of non-fungible tokens (NFT), inspiring
CryptoPunks, which launched six years ago and sparked the NFT art trend while also serving as a blueprint for several subsequent other initiatives, is publishing its own official book. Yuga Labs, the owner of the CryptoPunks IP, has announced a new collaboration with Zak Group, the design company behind Nike’s
A CryptoPunks non-fungible token (NFT) with a market value of 77 Ether was delivered to a burn address. But, the collector had meant to use it as collateral to borrow funds with which to acquire other NFTs. Brandon Riley, an NFT collector, purchased CryptoPunk #685 on March 13. He paid
Yuga Labs released an IP licensing agreement for CryptoPunks and Meebits. NFT holders granted total commercialization rights. Non-fungible token (NFT) owners from CryptoPunk and Meebits can now build business ventures and products using their NFTs. On Monday, Yuga Labs made available for download to owners of CryptoPunk and Meebits NFT
