As of this year, digital collectibles have never before achieved a monthly volume below $400M. The monthly volume in August is 76% lower than its monthly yearly high. The monthly volume of sales for n...
Category: NFT
Live NFT News Updates.
NFT Market Faces Sharp Decline in 2024
NFT sales experienced a drastic drop in August 2024, recording a volume of just $374 million, the lowest monthly sales of the year. This figure represents a staggering 76% decline from the peak sales ...
Lacoste accused of scam for closing the NFT project
On Friday, Lacoste closed the social network of the NFT UNDW3 project and the community reacted by accusing the company of scam. Furthermore, a rugpull of 1,000 ETH is assumed. The NFT project of Lac...
Will Solana NFT Market Rebound After August Decline?
Solana ranked second in NFT sales volume behind Ethereum in August. Significant declines in NFT buyers and sellers were noted in August. Solana’s [SOL] NFT market demonstrated notable resilience in Au...
Solana’s August report – $79M in NFT sales behind Ethereum, but…
Despite ranking second, Solana’s NFT sellers and buyers dropped SOL fell by over 16% last week, but there were chances of a trend reversal on the charts Solana’s [SOL] August performance on the NFT fr...
NFT bubble burst: Monthly sales, transactions crash
The non-fungible token industry remained under pressure in August as sales continued falling. Total NFT sales dropped by 41% in August to $376 million as the number of buyers and sellers fell by doub...
Bitcoin NFT Sales Plummet 50.58% in August Amidst Overall Market Decline
The landscape of Non-Fungible Tokens (NFTs) has faced significant challenges in August, with sales declining sharply. Notably, the overall NFT ecosystem appears to be contracting, as evidenced by metr...
NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge
Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales falling by 41.36%...
SEC Issues Wells Notice to OpenSea Over NFT Securities Concerns
The United States Securities and Exchange Commission (SEC) has issued a Wells notice to OpenSea, the leading non-fungible token (NFT) marketplace. This notice suggests that the NFTs traded on OpenSea ...
Top NFT & AI Projects by Social Activity: $FET Leads the Pack
As the NFT market is evolving rapidly, social media is evidence of the increasing demand for NFT, AI, and other narratives on social media platforms. Based on the engaged posts and interactions, an on...
OpenSea Faces SEC Lawsuit: Musicians Fight Back Over NFT Marketplace’s Regulatory Battle
The non-fungible token (NFT) marketplace OpenSea is reportedly facing a potential lawsuit from the U.S. Securities and Exchange Commission (SEC). This development has sparked outrage within the crypto...
New NFL Rivals Season Adds ‘Biggest Upgrade’ Since NFT Marketplace
NFL Rivals, an officially licensed mobile football game from Mythical Games, announced Friday that its second in-game season will launch on September 5 alongside the real-world season kickoff of the N...
NFL Rivals: Exciting Year 2 Launch with New Game Modes and NFT Marketplace Enhancements
NFL Rivals, a mobile football game from Mythical Games, is gaining traction among fans with its upcoming season launch. The game has impressively reached over 5 million downloads, reflecting strong in...
Trump Launches Fourth NFT Collection: ‘The America First Collection’
Former U.S. President Donald Trump has unveiled a new series of non-fungible token (NFT) digital trading cards, marking his fourth release in this format. The collection, known as “The America First C...
OpenSea Receives SEC Wells Notice: NFT Industry at Risk?
OpenSea vows to fight the SEC’s claim that NFTs are securities, pledging $5M for legal defense. SEC’s aggressive approach to crypto regulation intensifies, with significant actions anticipated before ...
Forbes Partners OKX Launch Exclusive NFT Community
Forbes launched the Legacy Pass NFT in partnership with OKX Wallet on August 29, providing users with fast-track access to an exclusive community. According to details provided by Forbes, the Legacy P...
Ripple CLO Stuart Alderoty Challenges SEC OpenSea NFT Wells Notice, Citing 1976 Art Gallery Ruling
The chief legal officer of the crypto firm Ripple is publicly issuing a challenge to the U.S. Securities and Exchange Commission (SEC). Yesterday, the CEO of the world’s largest non-fungible token (NF...
Trump’s Fourth NFT Collection Hits $2 Million in Sales; Trade Restricted Until 2025
Trump launched his fourth NFT series, “The America First Collection,” on August 27. The collection saw over 22,000 sales in one day, generating more than $2.17 million. Former U.S. President Donald Tr...
Trump’s latest NFT collection “America First” reaches $2 million with 6% of the supply
Donald Trump’s new NFT series secured 23,000 sales at more than $2.17 million. It has just been a day since the debut of the NFT collection. Analytics of Trump’s America First NFT Collection, Source:...
Ripple’s CLO Stuart Alderoty Advises OpenSea on Strategy to Navigate Potential SEC NFT Lawsuit
The United States Securities and Exchange Commission (SEC) has continued to go after crypto projects even after losing several battles against top web3 firms including Ripple Labs, on Thursday, the US...
NFL Players Union Sues DraftKings For NFT Deal
The collective claims DraftKings owes them roughly $65 million. The labor union representing athletes from the National Football League (NFLPA) sued sports gambling platform Draftkings on Aug. 26, all...
Trump NFT ‘The America First Collection’ passes CryptoPunks in sales, but…
Trump’s fourth NFT collection raised $2 million but faces slower uptake than previous releases. OpenSea faces SEC action, impacting Trump’s NFT project amid rising regulatory scrutiny. As the 2024 Nov...
Donald Trump’s NFT Collection Surges on Polygon: $2.17 Million in Sales in Just 24 Hours
The interest in former President Donald Trump’s NFT collection is rapidly increasing. On August 27, Trump launched his fourth NFT series, titled “Series 4: America First Collection.” In the past 24 ho...
Donald Trump’s 4th NFT Venture Makes $2 Million in 24 Hours
On 24th of August 2024, Presidential Candidate Donald Trump released his 4th NFT, Series 4: The America First Collection. This edition of NFTs portrays Trump dancing, suited up as a superhero, as a bo...
access to the “Legacy Pass” NFT
OKX, a leading company in the Web3 technology sector, has formed a partnership with Forbes to enable OKX Wallet users to access the Legacy Pass, an exclusive NFT that brings together creators and inno...
OpenSea NFT volumes have given way to Solana and Bitcoin platforms
NFTs are securities — or so the SEC seems to be preparing to argue in court, with OpenSea the potential defendant. Putting aside the merits (or lack thereof) of a case against the firm, most NFT activ...
Trump’s Fourth NFT Collection Debuts: $2 Million in Sales: Only 5% Sold So Far
TLDR: Trump launched a new NFT collection called “America First Edition” with 360,000 digital trading cards Only about 5.7% (20,700) of the NFTs have been sold so far, generating over $2 million in sa...
SEC 1976 Art Gallery Ruling Resurface Amid OpenSea NFT Case
Ripple’s Chief Legal Officer Stuart Alderoty has revealed a decades-old SEC ruling that could have major implications for the ongoing debate over NFTs and securities law. Alderoty tweeted a “fun fact”...
Trump NFT Series 4 Pulls in $2.17 Million, Trading Paused Until 2025
Amid the upcoming Presidential election hype, Donald Trump has become the pro-crypto stan. Many suspect it to be a political event, but some call it a change of heart amid the industry’s growing popul...
SEC Cracks Down on OpenSea as NFT Market Faces Legal Threat
The U.S. SEC has issued a Wells notice to Open Sea intensifying its regulations. Devin Finzer, Open Sea’s CEO expressed his shock at SEC’s description criticizing the agency. The U.S. Securities and E...
Trump’s new NFT collection series 4 generates $2 million despite slow start
Former US President Donald Trump‘s fourth NFT collection has generated over 22,000 transfers on the Polygon network, translating to more than $2 million in sales, according to on-chain data. This leve...
Donald Trump’s Fourth NFT Collection Sees Mixed Results
Donald Trump’s latest NFT collection earned over $2 million in sales. NFTs cannot be resold until January 31, 2025, adding market restrictions. Donald Trump’s latest NFT collection, launched on August...