Jonathan Mann, the creator behind the Song A Day NFT project, confronts a staggering $1.1 million tax bill following $3 million in Ethereum-based sales, spotlighting critical crypto tax and liquidity ...
Category: NFT
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CryptoPunk #9723 Leads Weekly NFT Sales With $206K Transaction
CryptoPunk #9723 tops weekly NFT sales at $206K amid strong ETH trading above $2,400. All top 10 NFT sales involved CryptoPunks, showing steady demand in a shifting market. ETH stability helped define...
Most Selling NFT Collectible Sales & Top 10 NFT Collections Of The Week
This week’s NFT market showed many notable deals made for NFTs, indicating that the market is going hot for rare digital assets. Leading the pack on Ethereum was the sale of f(x) wstETH position #690 ...
NFT artist relives ‘crypto tax nightmare’ in new song
Non-fungible token (NFT) artist Jonathan Mann, the musician behind the “Song A Day” project, has turned his crypto tax ordeal into a cautionary musical tale. In a new track shared on X, Mann recounte...
DeFi and NFT Upticks in May Could Mark Start of Recovery
As Bitcoin surged to a new all-time high in May, sparking momentum across cryptocurrencies, the decentralized app industry also saw a revival. In fact, DappRadar’s latest findings identify May 2025 as...
Bitcoin NFT Sales Show Moderate Growth Amid Mixed Market Trends
The NFT market shows signs of stabilization with a 1.95% increase in sales volume, reaching $106.2 million after a recent decline. Bitcoin’s price has surged to $105,000, while Ethereum remains steady...
NFT market makes modest comeback as Bitcoin hits $105k level
The NFT market has posted a modest recovery, with sales volume rising by 1.95% to $106.2 million. This marks a stabilization after last week’s drop. At press time, Bitcoin (BTC) price has surged to th...
XCOPY’s Ethereum Tax Challenges Highlight Potential Complexities in NFT Crypto Regulations
The evolving landscape of Non-Fungible Tokens (NFTs) brings significant tax challenges, as exemplified by renowned artist XCOPY’s recent taxation issues. XCOPY’s experience highlights the complexities...
Musician Jonathan Mann’s $3M Ethereum NFT Gains Face Potential Losses Amid Crypto Market Volatility
Musician Jonathan Mann’s $3 million earnings from music NFTs were drastically reduced due to high taxes and a sharp cryptocurrency market crash, underscoring the volatility in digital asset investment...
$3 Million NFT Fortune Vanishes To Crypto Tax and Market Crash, Here’s How
Key Notes Musician Jonathan Mann made $3 million from selling his songs as NFTs in January 2022. As the Ethereum price crashed in the same year, so did the value of his earnings. Still, the Internal R...
Musician’s $3M NFT Loss Sparks Move to 2025’s Best Altcoins
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Moonbirds NFT Sales Jump 2,525% After Orange Cap Games Acquires IP
Ethereum-based non-fungible token (NFT) collection Moonbirds saw a resurgence in market activity following the sale of its intellectual property (IP) to blockchain game development studio Orange Cap G...
Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale
Singer-songwriter Jonathan Mann recently shared the story of how earning millions in Ethereum (ETH) during a one-hour sale of his NFTs eventually became a “tax nightmare.” Mann has published one song ...
Immutable price drops even as Guild of Guardians NFT sales jump
Immutable token retreated this week as market participants reacted to the broader crypto market crash. It also dropped despite welcoming a popular game to its platform and a surge in Guild of Guardian...
Vi Powils to lead NFT project World Of Women
World of Women (WoW), the prominent non-fungible token (NFT) collection known for celebrating womanhood and female representation, has announced Vi Powils’ appointment as its new Chief Executive Offic...
Yuga Labs sheds NFT icons as it doubles down on Apes and Otherside
After acquiring some of the NFT world’s biggest names, Yuga Labs is now offloading CryptoPunks, Moonbirds, and other brands as the market faces ongoing challenges. Yuga Labs has recently started slimm...
Magic Eden Confirms Official TRUMP Wallet Launch Backed by Trump Branding and NFT Support
Magic Eden, a leading NFT marketplace, has confirmed the authenticity of the recently launched TRUMP wallet, affirming its use of former President Trump’s official branding and intellectual property. ...
Mintable unveils green NFT card game at Singapore climate festival
Mintable is set to launch NFT collectibles as part of its interactive Eco Trail Treasure Hunt ahead of the country’s annual Youth4Climate Festival 2025, as part of the Singapore Sustainability Festiva...
Polygon NFT sales surpass $2 billion as RWA collections drive 2025 growth
Polygon-based non-fungible tokens (NFTs) have surpassed the $2 billion milestone in all-time sales volume, marking a significant achievement for digital collectibles on the network. The milestone com...
Yuga Labs sells Moonbirds NFT collection to Orange Cap Games
Crypto gaming startup Orange Cap Games (OCG) has acquired the intellectual property of the Ethereum-based non-fungible token collection Moonbirds from Yuga Labs. OCG said on May 30 that it bought the ...
NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche
Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in Ma...
NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound
Non-Fungible Token (NFT) sales remained claimant to the top position by the Courtyard on the Polygon network with $11.47M made from 104,970 transactions. Nevertheless, total sales fell by 32.09%, and ...
New Word in Telegram’s NFT Ecosystem
Telegram gift trading is witnessing a new milestone with the launch of @Portals, a zero-commission NFT marketplace, backed by Roxman, visionary entrepreneur with the largest personal Telegram channel....
NFT sales plunge 16.7% to $105.7m, Ethereum sales surge 30%
The NFT market has experienced a notable drop, with sales volume falling by 16.76% to $105.7 million. This comes as Bitcoin (BTC) prices have dropped to $103,000 after hitting $111,000, a new ATH. At ...
NFT Market Sees $3.91M Volume On OpenSea Amid CryptoPunks’ Dominance
Top non-fungible token (NFT) collections and marketplaces are buzzing again on the NFT market today. OpenSea saw over $3.91 million in trades in just one day, facilitated by strong interest in iconic ...
Yuga Labs Transfers Moonbirds NFT to Orange Cap Games as Focus Shifts Back to Bored Ape Yacht Club
The NFT landscape is shifting as Yuga Labs divests the Moonbirds property to focus on its flagship projects like Bored Ape Yacht Club. This strategic sale, part of Yuga Labs’ broader reorganization, s...
NFT Leader OpenSea Exits Beta, Launches New Platform
OS2:- OpenSea, long recognized as the world’s largest NFT marketplace, has officially closed its beta chapter. With this, it has now opened its next-generation platform, OS2, to all the users. Adam Ho...
Solaxy Might be Riding the NFT Wave, but PEPETO’s 100x Presale Has it Shaking
The crypto market is gaining momentum as altcoins dominate discussions among eager investors. While Solaxy surges with NFT interest, Pepeto’s presale performance continues to outperform expectations. ...
Mbit Explores the Future of Gaming Access: NFT Game Passes vs. Traditional Subscriptions
This content is provided by a sponsor. As the gaming industry evolves at an unprecedented pace, players are no longer limited to traditional subscription models. According to Mbit, a recognised author...
NFT sales rebound in May 2025 after months of decline: CryptoSlam
Non-fungible tokens (NFTs) caught an uptick in sales in May after months of consistent decline throughout 2025. Data from CryptoSlam shows that May’s NFT sales climbed to $430 million, up from $373 m...
Enhancing NFT Utility and Intelligence: Roles for Oraichain, Pinlink, and RSS3
Non-Fungible Tokens (NFTs) have captured the public imagination, and by May 2025, the focus is shifting towards enhancing their utility and intelligence. Oraichain, Pinlink, and RSS3 can each play a s...
NFT lending volume collapses 97% from peak as market activity collapses
The NFT lending frenzy has cooled dramatically, with active borrowers dropping 90% and lenders 78% over the past year. The non-fungible token lending market has collapsed, with monthly volume plunging...