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%)…
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2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among…
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…
7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead
Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the…
OpenSea investor marks down stake in platform by 90%: Report
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million.
Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more
The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT collection to near top of…
‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum
Metagood CEO Danny Yang attributed the move to the Bitcoin network being seen as a more secure platform for its users, among other reasons.
NFT market held back by oversupply, greed and bad projects: Gary Vee
The number of celebrities, brands and artists that hopped on the NFT bandwagon was bound to cause supply and demand issues, said the Vee Friends creator.
The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support
On Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With…
Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In…