In the past month, the total volume of NFT trades has fallen by 55% in terms of ETH, or about a 70% decrease when valued in USD. However, the number of weekly active NFT sales hasn’t changed much. The state of the NFT market isn’t all bad amid the bear market. According to Nansen data,…
Due to the crypto market being down, Bored Apes, Moonbirds, and other top NFT collections are losing value, but NFT sales are rising as collectors appear to be taking advantage of lower prices. As the crypto market is down with a 14% drop in overall value over the last 24 hours, Bitcoin lost 16%, and…
The world’s most popular NFT marketplace OpenSea has unveiled a new Web3 protocol that allows anyone to set up new and decentralized NFT marketplaces. As per some members of the community, the protocol could become the “Uniswap moment” of NFTs. In its blog post, OpenSea said that the first iteration of the new protocol, titled…
Buyers on OpenSea, the world’s leading NFT marketplace, can soon pay for non-fungible tokens without having cryptocurrency – with a credit card, debit card, Google Pay or Apple Pay. This move, which could bring in more newcomers to the NFT space, followed after the announcement of Solana NFT integration. The move comes through a partnership…
OpenSea, the leading NFT marketplace, is reportedly preparing to feature NFTs on the Solana (SOL) blockchain soon. With NFTs hosting over $17.5 billion cumulatively, the addition of Solana-based NFTs to Opensea might explode it furthermore. Screenshots shared by Jane Manchun Wong, a prolific hacker who has leaked several yet-to-launch features of tech platforms, indicate this,…
Sultan Gustaf Al Ghozali, a 22-year-old Indonesian student, has joined the NFT frenzy, becoming a millionaire as a result. He listed selfies of himself as an NFT for five years on OpenSea, the largest NFT marketplace, and sold them for $1,107,225 in total. Al Ghozali is a college student studying Computer Science and based in…