Tag: NFT

ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead?

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ApeCoin (APE) underwent a modest selloff a day after the Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery. APE price rally to $25 stalls The hacker compromised BAYC’s official Instagram account, using it to post a phishing link that withdrew tokens out of users’ cryptocurrency wallets. On April 25, the BAYC Twitter handle confirmed the hack, albeit too late as users had already transferred tokens to the hacker’s account, thus losing ownership of their extremely expensive Bored…

NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales – Markets and Prices Bitcoin News

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Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2 million in sales. One particular NFT collection called Moonbirds has bolstered most of this week’s NFT sales volume. NFT Sales Spike This Week, Volume Fueled by Moonbirds Sales Following last week’s slight uptick in NFT sales, which increased 3.35% and gathered $658.4…

OpenSea top-10 NFT projects soar as new liquidity enters the market

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Spring is here and with it came a new found awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from mid April to $17.6 billion.  However, on April 16, the newly landed Moonbirds NFT, pumped over $280 million worth of liquidity into the market and this, compounded with rumors of Yuga Labs’ Otherside land drop, sent the total volume sales for NFTs into a steady upward trend.  NFT 30-day market cap / volume. Source: NFTgo.io…

What happened to bitcoin $100,000?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CoinShares chief strategy officer Meltem Demirors and Kraken COO Dave Ripley discuss the roller-coaster year for bitcoin on ‘The Claman Countdown.’ #FoxBusiness Subscribe to Fox Business! Watch more Fox Business Video: Watch Fox Business Network Live: FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading…

Derivatives Exchange Injective Pro Launches Bored Ape NFT Floor Price Perpetuals – Bitcoin News

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During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT projects. After weeks of a continuous rise in value, the current floor price for a single Bored Ape NFT is 130 ether or $382K. Following the floor price rise, the decentralized derivatives exchange Injective Pro has revealed an NFT floor price perpetual market. Injective Pro Lists NFT Floor Price Perpetuals On Thursday, Injective Pro, the decentralized derivatives exchange built on Injective network, announced the launch of a NFT…

Increased adoption of Metaverse NFTs will power the next NFT growth cycle

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Metaverses and blue-chip nonfungible tokens (NFTs) are the driving forces behind the dramatic growth in the NFT market. Projects like the Bored Apes, Crypto Punks, Azuki, Clone X and Doodles collections have steadily attracted collectors’ interest in the past year. As a result, these NFT projects have helped the NFT market achieve a growth rate of over 20,000% and a sales volume of approximately $17 billion. For an industry that once occupied a tiny sliver of attention within the crypto/blockchain world, it’s clear that NFTs are here to stay despite…

Coinbase NFT launches beta, AMC Theatres rolls out SHIB and DOGE payments, and Blockchain.com eyes IPO: Hodler’s Digest, April 17-23

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more Retail traders’ favorite cinema chain, AMC Theatres, updated its mobile app to support Dogecoin and Shiba Inu payments. United States-based customers using Apple or Android phones can both download the app and spend their highly…

‘Legacy’ NFT prices are soaring, but exactly what makes a collection a blue-chip?

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Blue-chip NFTs is a popular buzzword one will find strewn across Twitter and various crypto media. The term, “blue chip,” is borrowed from traditional finance where stocks that are considered to be the well-established extension of corporations known for their quality, reliability and financial stability. But, exactly what are blue chip NFTs and how are they identified?  Nansen research analyst Louisa Choe, comments to Cointelegraph that since NFTs are still nascent “…it is sometimes challenging to apply this criteria since NFT as an asset class is still evolving.” The general…