Tag: NFT

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NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%

Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum Lead Sales Volume In the previous week, NFT sales had risen…
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BitRam Artwork Auction 11-13th June

Scarce City X VESA = Bitram Auction Now LIVE Get ready for the legendary Scarce City dropping a hot auction with OG artist VESA. June 11-13th. https://www.newsbtc.com/wp-content/uploads/2024/06/BitRam-Artwork-Auction-with-Scarce-City-June-11-13th.mp4 Presenting a VESA original, Bitram. Watch a video on how the artwork was made and what it is all about. It’s the first Bitcoin specific piece VESA has…
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Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded

During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market Gains 7.51% This Week This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day sales totaled $133.19 million, involving nearly…
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Meme Coin TROG Boosts Donald Trump’s Crypto Holdings to $31M

After less than a week, the 45th U.S. President Donald Trump has seen his cryptocurrency portfolio double in value. As the 2024 presidential candidate, he now holds $31.23 million in assets, thanks to a wave of donations. Trump’s Crypto Portfolio Doubles Donald Trump’s crypto wallet has grown significantly over the past five days, and data…
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NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%

Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued NFT sales, with Ethereum maintaining the lead and Bitcoin…
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Metaplex Announces Introduction of Hybrid Defi Protocol for Solana

Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers of each artistic collection. Metaplex Aims to Extend Hybrid…
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Ethereum Dominates NFT Sales Despite Overall Market Drop

Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%, Ethereum and Bitcoin Lead in Sales NFT sales experienced a decline this week, falling by 8.99% compared…
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Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions

Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by sales volume experienced reductions during this period. NFT Market Sees Consistent Decline In February, from…
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Dolce & Gabbana Hit With Lawsuit Over Alleged 97% Loss on Metaverse Outfit NFTs

A customer sued Dolce & Gabbana USA on Thursday, claiming the NFTs they purchased lost 97% in value due to the company’s bungled delivery. Bloomberg reported Friday that the Italian fashion house sold the NFTs on Ethereum, promising “a slate of digital, physical and experiential benefits.” It reportedly told consumers that buying its DGFamily NFTs…
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Over One Million Pudgy Penguin Toys Sold in the Past Year

The Pudgy Penguins nonfungible token (NFT) project has achieved a remarkable milestone, with more than one million Pudgy Penguin toys sold over the past 12 months. According to CEO Luca Schnetzler, the popular NFT project has experienced a surge in sales, expanding its reach to retailers worldwide. In a recent post on X, Schnetzler expressed…
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