Tag: NFT

NFT sales, floor prices surge, CryptoPunks lead the charge

Non-fungible tokens have been seeing a sharp increase in their daily sales over the past month as the broader crypto market entered its bullish phase. NFT sales increased by 28% in the past 24 hours to $40.4 million, according to data provided by CryptoSlam. This is the highest level of trading volume for the sector in over seven months — last seen in late April. Ethereum (ETH) is leading with $26.4 million in daily sales, followed by Bitcoin (BTC) and Solana (SOL) with $6.3 million and $2.5 million in trading…

From Cryptopunks to Solana Boogles: November NFT Sales Rebound With $588M in Trades

Non-fungible token (NFT) sales experienced a 62.88% increase in November, reaching $588 million compared to $361 million in October. Ethereum-based NFTs dominated the market, generating $218.83 million—a rise from the $120 million recorded the previous month. Bitcoin and Ethereum Drive November’s $588M Surge After tumbling 36% in October, NFT sales made a dazzling comeback in […] Source CryptoX Portal

NFT sales dip to $146.5m: Ethereum, Bitcoin network recover

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As Bitcoin continues to face resistance near the $100,000 mark, the NFT market has experienced a 1.6% drop, with total sales volume settling at $146.5 million. While Bitcoin (BTC) trades at $96,800, Ethereum (ETH) has shown strength by surging 3.5% in the last 24 hours to reclaim the $3,700 level. The global cryptocurrency market capitalization has expanded to $3.42 trillion from last week’s $3.35 trillion. This marks a 2.5% increase over the last day. According to the latest data from CryptoSlam, while overall sales have declined, individual blockchain networks are…

NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth

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Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.81 […] Original

NFT sales drop 9.6% to $160.9m, Ethereum and Bitcoin network sales plunge

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As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.35 trillion from last week’s $3.03 trillion. This marks a 2% increase over the last day, with Bitcoin (BTC) currently trading at $98,620. The last week’s NFT sales volume stood at $178.8 million. However, according to recent data from CryptoSlam, the NFT market has seen a pullback. NFT sales volume decreased…

A New Frontier: Court Authorizes Service of Process Through NFT Airdrop

In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset wallets. The following opinion editorial was written by Alex Forehand and Michael Handelsman for […] Source CryptoX Portal

NFT sales surge 94% to $178.8m, Ethereum network ranks first

Amidst Bitcoin’s new all-time high of $93,434.36, the non-fungible token (NFT) sales volume has surged by 94.1% to $178.8 million. The global cryptocurrency market capitalization has reached $3.03 trillion, marking a 4% increase over the last day. Bitcoin (BTC) has also retraced slightly, currently trading at $91,295. The last week’s NFT sales volume stood at $96.1 million. However, according to recent data from CryptoSlam, the NFT sales have nearly doubled. NFT sales volume skyrocketed to $178.8 million Ethereum (ETH) blockchain dominates with $67.5 million in sales (130% increase) Bitcoin maintains…

NFT sales rise 16.1% to $96.1m, Bitcoin dethrones Solana

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Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million. The overall crypto market has been showing strong positive momentum recently. Following Donald Trump’s victory in the U.S. presidential election, Bitcoin (BTC) reached a new all-time high of $77,252.75. As per the latest CoinMarketCap data, the global crypto market cap has risen by 3.29% at press time to $2.6 trillion. The NFT sales volume was $84.6 million last week. But according to recent data from CryptoSlam, the NFT sales have jumped…

NFT sales drop 6% to $84.6m, Solana retains top ranking

Amidst the recent crypto market price drop, the non-fungible token (NFT) sales volume has dropped by 6% to $84.6 million. Even though the crypto market showed mild signs of a positive trajectory recently, all the gains seem to have erased now. According to CoinMarketCap data, the global crypto market cap has dropped by 1.39% at press time to $2.31 trillion. The last week, the NFT sales volume stood at $89.1 million. However, according to recent data from CryptoSlam, the NFT sales volume has slumped by 6%. NFT sales volume descended…

DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle

A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S. Department of Justice (DOJ) announced Thursday that a federal jury in Tampa, Florida, found Berman Jerry Nowlin, […] Source CryptoX Portal