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NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn

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…

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NFT Sales See Modest Increase of 1.46% to Reach $149M in Past Week

In the past week, sales of non-fungible tokens (NFTs) have increased by 1.46%, raking in a total of $149,312,180. However, while the number of NFT buyers has risen by 22.48%,…

Continue ReadingNFT Sales See Modest Increase of 1.46% to Reach $149M in Past Week

Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles

The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated…

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Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market

Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its…

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NFT Sales Continue to Decline, With ETH-Based NFTs Seeing a 20% Drop in the Past Week

Non-fungible token (NFT) sales over the last seven days are ending the year 13.97% lower than the week prior. During the last week, statistics show that $147,054,554 in NFT sales…

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China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils

A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated…

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Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022

Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in…

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Russian Social Media Giant Vkontakte Launches NFT Service

Russia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in…

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