Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise

September 24, 2024 Bitcoin.com

bitcoin.com

Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning. Ethereum Users […]

Polymarket faces scrutiny over M Ukraine mineral deal bet

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing

September 19, 2024 Bitcoin.com

Bitcoin

In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-largest blockchain by non-fungible token (NFT) sales, carving […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Infinex NFTs top $40M sales in first four days, despite NFT bear market

September 18, 2024 Coin Telegraph

Infinex NFTs top M sales in first four days, despite NFT bear market

Bored Ape Yacht Club

The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.

Infinex’s latest non-fungible token (NFT) collection has amassed over $40 million worth of sales within the first four days despite the sluggish performance of the top NFT collections.

Infinex is a non-custodial platform offering easy access to onchain protocol and decentralized applications (DApps).

The platform’s new Patron NFT collection surpassed $40 million in sales within the first four days, according to an announcement shared exclusively with Cointelegraph.

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NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply

September 14, 2024 Bitcoin.com

Bitcoin NFTs

Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week. NFT Sales Total $74.86M in a Week Marked by Buyer Decline In the […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability

September 3, 2024 Bitcoin.com

bitcoin.com

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 holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024 Bull Run Bypasses It As highlighted in nftevening.com’s 2024 report, […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip

August 31, 2024 Bitcoin.com

Bitcoin

While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%, with sellers also on the rise by 25.86%. NFT Sales Drop 4.3%, But Buyer and Seller Participation Increased This past week, NFT sales were rather […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

NFT Sales Soar 24% as Ethereum Takes the Lead This Week

August 24, 2024 Bitcoin.com

Bitcoin NFTs

Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales reached an impressive $99.05 million, with Ethereum-based NFTs leading the charge at $36.62 million. NFT Market Booms With Ethereum at the Helm Reaching $99M in […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?

August 17, 2024 Bitcoin.com

Bitcoin NFTs

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 buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51% over the same period. NFT Market Chaos: Prices Drop, […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks

August 10, 2024 Bitcoin.com

NFT Sales Hit .42M With Ethereum Dominating, but Market Participation Shrinks

Autoglyphs

Between Aug. 3 and Aug. 10, 2024, non-fungible token (NFT) sales experienced a 6.29% increase from the previous week, hitting a total of $95.42 million. However, the number of participants in the NFT market saw a sharp decline, with buyers dropping by 86.34% and sellers by 77.25%. NFT Market Sees 6.29% Growth This past week, […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Artists sue SEC over confusing security status of NFTs

July 30, 2024 Coin Telegraph

Brian Frye

Attorneys representing the artists drew parallels to Taylor Swift concert tickets, which are often sold on the secondary market.

Two artists have sued the United States securities regulator seeking answers on whether nonfungible tokens fall under the commission’s authority.

Attorneys representing the plaintiffs — law professor and filmmaker Brian Frye and songwriter Jonathon Mann — sought clarification on which acts could trigger US securities laws when creating and selling NFT art.

Attorneys have asked whether artists need to “register” their NFT art before selling it to the public and whether they must make public disclosures about the “risks” of buying their art, the July 29 court filing shows.

NFT sales

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