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NFT Sales Surge Over 43% in Past Week, Topping $397 Million

Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales Continue to Rise in 2023, Ethereum Dominates NFT…
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The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply

United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last two years have led to a stash of around 214,682 bitcoin…
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Are NFT Sales Susceptible to Shill Bidding? NFT Skeptics Think It’s Possible

In 2021, there’s no doubt that non-fungible token (NFT) collectibles have been extremely popular and NFTs have made billions in sales during the last year. For instance, in the last month Opensea saw $3.44 billion in NFT sales, Axie Infinity saw $838 million, and the pixelated NFTs Cryptopunks saw $653 million in sales. However, there…
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Online marketplace eBay to allow NFT sales

A representative said that eBay “will add new capabilities that bring blockchain-driven collectibles” to the platform. Online marketplace eBay has introduced auctions for nonfungible tokens, or NFTs, to its platform. According to a Reuters report, eBay users who meet certain criteria on the platform will be permitted to list NFTs. The company added that it…
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Ebay exploring crypto payment options and NFT auctions

According to CEO Jamie Iannone, eBay will be “looking at it and exploring opportunities” to enable nonfungible tokens. Major online marketplace eBay will be pursuing crypto payment options for its customers as well as exploring ways to introduce nonfungible tokens to the platform. In an interview with CNBC today, eBay CEO Jamie Iannone said the…
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