From Gamers to Art Lovers: Unleashing the Diversity of NFTs
Despite low trading volumes and a sluggish market, there is a glimmer of hope provided by the flourishing gaming NFTs. This week, the NFT market displayed a smorgasbord of offerings, showcasing the true diversity and utility that NFTs can offer, often overshadowed during periods of hype. In a noteworthy development, various NFT projects have emerged, […]
Bitcoin NFT Ordinals Cross 20 Million Milestone
Bitcoin’s recent milestone was reached with the minting of over 20 million Ordinal inscriptions on the Bitcoin blockchain. These inscriptions, also known as Bitcoin Ordinals, are digital asset records that allow information to be linked to individual satoshis, the smallest units of Bitcoin. The technology, pioneered by Casey Rodarmor and implemented through Bitcoin’s Taproot upgrade, […]
The Booming NFT Royalties Landscape
Non-fungible tokens (NFTs) have taken the world by storm, revolutionizing the way digital assets are bought, sold, and owned. As blockchain technology continues to expand its horizon, Ethereum has emerged as a significant player in the NFT space, facilitating a whopping $1.29 billion in royalties payout to various NFT projects. The total amount of Ether […]
The Rise of Bitcoin Ordinal Inscriptions and NFT Sales
As the world continues to embrace the digital revolution, blockchain technology remains at the forefront of innovation, enabling groundbreaking applications and financial opportunities. One of the most prominent players in the blockchain space is Bitcoin, which recently hit a remarkable milestone with its Ordinal inscriptions nearing 19 million. This article delves into the latest trends […]
PTPWallet: Your All-In-One Solution
In the fast-paced world of cryptocurrencies, businesses need an efficient and secure way to launch their branded wallets. Enter PTPWallet, white label solution that caters to the diverse needs of businesses seeking to establish their presence in the crypto space. Advantages of White Label Crypto Wallet Development White label crypto wallet development is a popular […]
NFT Sales Experience Weekly Drop
The world of non-fungible tokens (NFTs) faced a minor setback as sales figures dipped by 4% in the past week, resulting in a total of $148.55 million. Four of the top five blockchains renowned for NFT sales witnessed a downturn, with Ethereum being the exception. Out of the overall NFT sales this week, Ethereum-based transactions […]
Bitcoin may reach $50,000 this year.
When Bitcoin (BTC) reaches $50,000, miners could be tempted to accumulate block rewards. Because of the rise in price of bitcoin, miners could have to sell fewer coins to maintain their income flow. This buildup would remove more Bitcoin from circulation and drive up the price of the asset. Factors Driving Bull Market Earlier this […]
Bitcoin Ordinals on the Verge of Flipping Ethereum NFTs
The native non-fungible tokens (NFTs) for Bitcoin, referred to as “Ordinals,” are about to overtake Ethereum in the NFT market. The sales and number of active buyers for The Ordinals have significantly increased, with spectacular increases of 129.50% in USD sales and approximately 10% of the buyer market. Ethereum still leads the NFT sector with […]
The Bored Ape Yacht Club hits two-year low.
Prices of well-known NFT collections have been declining as the nonfungible token (NFT) market has seen a severe decline. The Bored Ape Yacht Club (BAYC), a well-known collection, has seen a sharp decline that has brought it to a two-year low. Despite the current rise in the cryptocurrency market, the recent drop in NFT values […]
NFT Collections Experience Turbulence: Azuki Ecosystem Suffer
In a tumultuous turn of events, the past 24 hours have witnessed a significant downturn in the floor prices of prominent NFT collections. Among the hardest-hit are the esteemed Azuki ecosystem and Yuga Labs’ crypto gaming venture, HV-MTL. Meanwhile, the ever-popular Bored Ape Yacht Club (BAYC) collection, despite a slight decline, continues to hold its […]
Blur Price Skyrockets 20% Unveiling a Revolutionary NFT Platform
Blur (BLUR), an altcoin closely tied to the world of non-fungible tokens (NFTs), has experienced a remarkable surge over the past 24 hours. The native token of the Blur NFT aggregator and marketplace has soared by more than 20%, demonstrating substantial growth. This surge in Blur’s value is accompanied by an astonishing increase in trading […]
The Decline in Bored Ape Yacht Club NFT Prices
The value of prominent Ethereum NFT collections, such as the Bored Ape Yacht Club and CryptoPunks, has experienced a significant decline, extending the downward trend observed in prices of highly regarded “blue chip” NFTs. The floor prices of CryptoPunks and Bored Ape Yacht Club have dropped by approximately 8% and 7% respectively within the last […]
NFT Market Flourishes: Sales Surge by 11% This Week
The latest data on non-fungible token (NFT) sales reveals a notable increase of 11.60% for this week compared to the previous week. Moreover, there has been a staggering 95.20% surge in the number of individual buyers purchasing NFTs, with a total of 664,096 buyers recorded in the past seven days. As of June 20, 2023, […]
Bitcoin Price Rally: Are We on the Brink of a $42,000 Breakout?
Over the weekend, BTC, the powerhouse behind the world’s most valuable cryptocurrency network, demonstrated an impressive performance, almost breaching the $27,000 resistance level. Although the market sentiment remained bullish, the inability to alleviate seller congestion resulted in a brief retracement to $26,278. Presently, Bitcoin is trading at $26,408, attracting both investors and traders seeking fresh […]
NFT Marketplaces Respond to Drying Liquidity
NFT liquidity has experienced a significant downturn as marketplaces fiercely compete for a shrinking pool of traders and investors. In response to this concerning trend, several marketplaces are implementing strategies to entice traders and keep them engaged on their platforms. NFT liquidity refers to the ease and availability of buying and selling non-fungible tokens (NFTs) […]
NFT Marketing Unleashed: Empowering Success with Social Media Amplification
As the realm of non-fungible tokens (NFTs) continues to revolutionize the digital landscape, its impact reaches far beyond the boundaries of cryptocurrency circles. According to recent analysis, the global NFT market is expected to achieve an astounding value of $211.72 billion by 2030. A key driver behind this surge is the worldwide appetite for digital […]
The NFT Market Expected to Exceed $200 Billion Mark
The Metamorphosis of NFTs: From Crypto Enthusiasts to Global Economy Disruptors Prepare for a paradigm shift as the NFT market catapults beyond the $200 billion threshold, fundamentally reshaping perceptions of value and ownership in the realms of both digital and physical domains. In 2022, the NFT market boasted an astonishing valuation of $20.44 billion, capturing […]
NFT Marketplaces Show Unmatched Trading Momentum in May 2023
NFTs (Non-Fungible Tokens) continue to mesmerize the realm of digital art and collectibles, serving as a testament to their ever-increasing popularity and impact. The month of May 2023 witnessed substantial trading volumes within various NFT markets, further solidifying this nascent sector’s rising prominence. With each passing day, more artists and investors are drawn towards the […]
BTC Retreats to $27K as Fed Official Mester Supports Continued Liquidity Tightening
Bitcoin (BTC) faced selling pressure in the early hours of Wednesday following comments from a high-ranking Federal Reserve (Fed) official who expressed no strong reasons to halt the tightening of liquidity. The continuous tightening measures implemented by the Fed have caused turmoil among risk assets, including cryptocurrencies. In an interview published on Wednesday, Federal Reserve […]
The Art of Investment: Enhancing Portfolio Resilience with Gold-Backed NFTs
The Non-Fungible Token (NFT) sector has experienced significant challenges due to the decline in the crypto market and economic uncertainty. Even traditional assets are losing their reliability. To address this global issue, combining NFTs with safe assets like gold could offer a potential solution. When the overall market experienced a downturn, renowned NFT collections suffered […]