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NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines

NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp DeclinesSales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck the Trend As April concluded and May commenced, data reveals that NFT sales […]

Trader Says Old Halving-Based Bitcoin Cycles Have Likely Ended, Sees BTC Price Behaviour Drastically Changing

Yuga Labs Co-Founder Says Company ‘Lost Its Way,’ Announces Layoffs in Bid To Create New Cryptonative Team

Yuga Labs Co-Founder Says Company ‘Lost Its Way,’ Announces Layoffs in Bid To Create New Cryptonative Team

Yuga Labs co-founder Greg Solano says the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) is trimming down its workforce. In a message to employees shared on the social media platform X, Solano says Yuga Labs will have to lay off some of its employees amid plans to make changes in the […]

The post Yuga Labs Co-Founder Says Company ‘Lost Its Way,’ Announces Layoffs in Bid To Create New Cryptonative Team appeared first on The Daily Hodl.

Trader Says Old Halving-Based Bitcoin Cycles Have Likely Ended, Sees BTC Price Behaviour Drastically Changing

Coinbase Abruptly Lists Newly Launched Ethereum-Based AI Altcoin Project

Coinbase Abruptly Lists Newly Launched Ethereum-Based AI Altcoin Project

The top US-based crypto exchange by volume is listing a new artificial intelligence (AI) altcoin. According to Coinbase via their social media platform X account Coinbase Assets, new crypto project Karrat (KARRAT) will be listed on the platform as an “experimental asset.” “Karrat (KARRAT) is now live on coinbase.com & in the Coinbase iOS & Android […]

The post Coinbase Abruptly Lists Newly Launched Ethereum-Based AI Altcoin Project appeared first on The Daily Hodl.

Trader Says Old Halving-Based Bitcoin Cycles Have Likely Ended, Sees BTC Price Behaviour Drastically Changing

Nifty News: PayPal removes NFT protections, Adidas NFT sneakers and more

Amended PayPal policies excluding NFTs from buyer and seller protection coverages will take effect on May 20.

Multinational payment services firm PayPal is silently taking down protections for purchases related to nonfungible tokens (NFTs).

On May 20, amended policies will take effect, removing buyer and seller protection coverages for NFT purchases. In its upcoming policies page, PayPal said that it has revised its Purchase Protection Program to exclude NFTs from eligibility.

Apart from this, the company also highlighted that it’s also changing its Seller Protection Program to exclude NFT transactions worth $10,000.01 or above.

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Trader Says Old Halving-Based Bitcoin Cycles Have Likely Ended, Sees BTC Price Behaviour Drastically Changing

NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market

NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling MarketRecent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This week, NFT revenues fell 25.48% compared to the previous week. […]

Trader Says Old Halving-Based Bitcoin Cycles Have Likely Ended, Sees BTC Price Behaviour Drastically Changing

7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead

7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections LeadSales 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 largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world assets and NFTs with built-in utility. […]

Trader Says Old Halving-Based Bitcoin Cycles Have Likely Ended, Sees BTC Price Behaviour Drastically Changing

Meme Coins Surge While NFTs Navigate a Rough Patch

Meme Coins Surge While NFTs Navigate a Rough PatchAs the crypto landscape undergoes a dramatic transformation in early 2024, meme coins have taken center stage, delivering unprecedented gains. Against this backdrop, the NFT market contends with a downturn, setting the stage for a potential comeback fueled by innovative projects and a reinvigorated focus on utility and technology. The Tale of Two Trends: Meme […]

Trader Says Old Halving-Based Bitcoin Cycles Have Likely Ended, Sees BTC Price Behaviour Drastically Changing