Auto Added by WPeMatico

Bored Ape Sells for $1.43M Amid 8.78% NFT Market Decline This Week

NFT sales experienced a dip this week, dropping 8.78% compared to the previous seven days. Total sales amounted to $77.46 million, with a sharp decrease in both buyers (down 64.47%)…

Continue ReadingBored Ape Sells for $1.43M Amid 8.78% NFT Market Decline This Week

NFT Sales Climb 4.87% as Ethereum and Bitcoin Collectibles Dominate

NFT sales saw a solid increase this week, climbing 4.87% from the previous period to reach a total of $79.38 million. According to cryptoslam.io, the number of NFT buyers jumped…

Continue ReadingNFT Sales Climb 4.87% as Ethereum and Bitcoin Collectibles Dominate

NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply

Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit,…

Continue ReadingNFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply

NFT Sales Soar 24% as Ethereum Takes the Lead This Week

Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales…

Continue ReadingNFT Sales Soar 24% as Ethereum Takes the Lead This Week

This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?

In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT…

Continue ReadingThis Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?

NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks

Between Aug. 3 and Aug. 10, 2024, non-fungible token (NFT) sales experienced a 6.29% increase from the previous week, hitting a total of $95.42 million. However, the number of participants…

Continue ReadingNFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks

Study: Ordinals and Runes Reach $1 Billion Market Cap

In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This…

Continue ReadingStudy: Ordinals and Runes Reach $1 Billion Market Cap

Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors

While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting…

Continue ReadingBitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors

Ordinals Explorer Ord.io Nets $2M in Pre-Seed Round to Pioneer Next-Gen Bitcoin Services

On Wednesday, Ord.io, the Ordinals explorer, announced a $2 million pre-seed funding achievement to pioneer the expansion of Runes. Leonidas, the founder of Ord.io, stated that the startup is strategically…

Continue ReadingOrdinals Explorer Ord.io Nets $2M in Pre-Seed Round to Pioneer Next-Gen Bitcoin Services

Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles

In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The…

Continue ReadingBinance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles