86297
Nfts | Opensea | News 🚀 Best Platform for NFT Content 🗞 FOLLOW US for FREE NFT Tips! 🔥 Learn how to INVEST into NFTs 📧 Contact Me : @JonNfts T.me/Nfts_Opensea_News
🖼 NFT Trading Sales Volume Plummets By 2.74% This Week – CryptoSlam
The global non-fungible token market appears taking a short breather after seeing two weeks of short vigorous market rally, which left many blue-chip non-fungible token collections pumping more than 20% in their floor price values. In this article, we shall look at what crypto investors should expect in the coming second week of September 2024.
Source
NFTs | OpenSea | News
🖼 MetaMafia Partners with Orbler to Boost NFT Experience
MetaMafia has announced a new partnership with Orbler. MetaMafia revealed this news through their official X account. This collaboration marks an exciting development for both companies. This collaboration aims to enhance the NFT experience for enthusiasts and innovators in the digital asset space.
Source
NFTs | OpenSea | News
🖼 If You Bought Bored Ape NFTs at the Peak, You’ve Lost 93% of Your Investment
The prices of Bored Ape Yacht Club NFTs once rivaled those of Ferraris fresh off the assembly line. Nowadays, the JPEGs cost as much as your average used car. When digital assets boomed in 2021 and 2022, the Bored Ape Yacht Club represented NFTs’ potential as an emerging asset class mixing community and art. In crypto, Apes were lauded as digital status symbols that existed on the bleeding edge of tech.
Source
NFTs | OpenSea | News
🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟
Stay ahead with:
- 📰 Real-Time Updates: Get the latest news instantly.
- 🔗 In-Depth Analytics: Powerful blockchain insights.
- 📅 Market Trends: Expert analysis and forecasts.
Join our vibrant community and stay updated with our active Twitter feed. The only news source you need!
🔗 Join now: @Cryptocurrency_Inside
#advertising
🖼 2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. As highlighted in nftevening.com’s 2024 report, the once-celebrated future of digital ownership, the NFT market, is currently grappling with significant hurdles. The report scrutinized over 5,000 NFT collections and around 5 million transactions to assess the present state of the market.
Source
NFTs | OpenSea | News
🖼 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 market of NFT experienced a real boom in 2021, reaching its peak levels in January 2022. Since then, it has started to implode. Taking as a reference the then main marketplace, OpenSea, the monthly trades went from 5 billion in January 2022 to 300 million in December of the same year. Subsequently, in 2023 the monthly volumes dropped even below 100 million.
Source
NFTs | OpenSea | News
🇺🇸 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 might be considered unregistered securities. Devin Finzer, CEO of OpenSea, shared this news on August 28th in a post on X (formerly Twitter). The notice indicates that the SEC may take enforcement action against the company.
Source
NFTs | OpenSea | News
🖼 Bitcoin’s FSIC Ordinal Collection Leads In Daily NFT Sales With +$900K
Fractal Specific Integrated Circuit (FSIC), a new non-fungible token collection exclusively created on Bitcoin, the same blockchain network hosting the flagship crypto Bitcoin and renowned in the NFT market for its Ordinal, BRC-20, and Runes NFT collections, has exploded in trading sales volume and become the leading NFT collection in the NFT market table today.
Source
NFTs | OpenSea | News
🖼 Trump’s Latest NFTs Hit $2 Million, No Resale Until 2025
On August 27, former U.S. President Donald Trump released his fourth series of non-fungible tokens (NFTs), titled “Series 4: The America First Collection.” The collection debuted on the Polygon network and has already seen substantial activity, with over 22,000 sales in just one day, totaling more than $2.17 million. Each NFT was priced at $99, and with a possible supply of 360,000 cards, the potential revenue could exceed $35 million if all were sold.
Source
NFTs | OpenSea | News
🔵 OpenSea Gets 'Wells Notice' From SEC, Which Calls NFTs Sold on Platform 'Securities'
Non-fungible token (NFT) marketplace OpenSea received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday. "OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea's CEO Devin Finzer wrote on social media platform X.
Source
NFTs | OpenSea | News
🖼 Pixelverse Launches Black Puma Bot NFTs on TON Blockchain
Pixelverse is set to expand its universe with the launch of the “Black Puma” NFT collection, a series of bot avatars on the TON blockchain. These unique NFTs will serve as companions in the Pixelverse world, each equipped with distinct skills that offer special rewards and bonuses to their owners. The Black Puma collection features a hero with a rich backstory. Trained by elders and blessed by ancestors, Black Puma’s futuristic armor represents strength and pride.
Source
NFTs | OpenSea | News
🖼 NFT Sales Rebound With Strong Volume
Non-fungible token (NFT) sales volumes have rebounded, showing a positive trend across several major blockchains. ThereThere’s was also a notable spike in buyer activity this past week. According to the latest data from NFT tracker CryptoSlam, Polygon (MATIC), Solana (SOL), Ethereum (ETH), and Mythos Chain saw significant gains, with Polygon leading the pack with a 123.20% increase in 7-day sales.
Source
NFTs | OpenSea | News
🖼 NFTs Make A Strong Comeback – Sales Jump 25% To +$100M This Week
The non-fungible token market has experienced a notable resurgence this week after more than three weeks of declining trading sales volume and floor price value. Non-fungible tokens saw a massive surge in popularity in 2021, accompanied by sky-high prices, but the market has since come crashing back. In this article, we shall assess in depth the market health of the global non-fungible token market in the past seven days:
Source
NFTs | OpenSea | News
🖼 FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The Federal Bureau of Investigation is set to use non-fungible tokens (NFTs) to return $1.14 million in funds to victims involved in a crypto fraud scheme that began with the launch of a sham project called CluCoin in 2021. According to an Aug. 21 statement from the US Attorney’s Office in Florida, 40-year-old Austin Michael Taylor pled guilty to wire fraud on Aug. 15 for routinely using investor funds intended for his CluCoin (CLU) project to fund his online gambling habit.
Source
NFTs | OpenSea | News
🖼 Feds Will Contact Victims of Million-Dollar Crypto Scam 'via NFT’ After Founder's Guilty Plea
Federal authorities in Miami said Wednesday that victims of the cryptocurrency project CluCoin on BNB Chain will receive notices via NFTs—that is, unique blockchain tokens—after the project’s co-founder pleaded guilty to wire fraud in federal court. Austin Michael Taylor, who launched CluCoin (CLU) in 2021, admitted to transferring $1.14 million worth of investor funds to a personal account at a crypto exchange.
Source
NFTs | OpenSea | News
🖼 Magic Eden's multi-chain NFT dominance surges with $60 million daily volume amid ME token hype
Magic Eden, the multi-chain NFT marketplace, is conjuring up a storm in the NFT world, with daily trading volumes skyrocketing from a modest $1 million to a staggering average of $30 million. The platform recently hit a peak of $60 million in daily volume, showcasing the renewed interest in digital collectibles across multiple blockchains.
Source
NFTs | OpenSea | News
🖼 CryptoPunk sells for $1.5 million amid NFT market downturn
According to CryptoPunks Bot, CryptoPunk 6915, one of the 24 rare Ape Punk, was acquired for 620 ETH (around $1.48 million) by an anonymous collector identified by “0x8bbccd.” The NFT is one of just 24 other Ape Punks issued on the Ethereum blockchain by Larva Labs.
Source
NFTs | OpenSea | News
🖼 96% of NFTs Are Considered Dead, Report Says
Following a remarkable boom in 2022, the hype surrounding non-fungible tokens (NFTs) is fading, with a recent report revealing that 96% of NFT collections are now considered dead. Researchers analyzed 5,000 NFT collections and tracked approximately 5 million transactions, examining metrics such as holder profitability, collection performance, and project longevity to reach this conclusion.
Source
NFTs | OpenSea | News
🖼 Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024
Magic Eden has solidified its position as the leading NFT marketplace, holding a 36.7% market share with $122.47 million in monthly trading volume in August 2024, according to CoinGecko. This milestone marks the sixth consecutive month Magic Eden has topped the NFT marketplace rankings.
Source
NFTs | OpenSea | News
💰 Solana’s August NFT Sales Reach $79M, Second Only to Ethereum
Since the peak NFT craze in January 2022, NFTs have fallen off a cliff. The markets are far from when volumes peaked at $17 billion. Despite the overall downturn in NFT markets, Solana has some good news. In August 2024, Solana secured the second spot in NFT sales volume at $78.8 million. This figure only trails Ethereum’s figures at $131 million. Solana is also ahead of Bitcoin NFT sales at $59 million.
Source
NFTs | OpenSea | News
🖼 Trump’s Fourth NFT Collection Hits $2 Million in Sales; Trade Restricted Until 2025
Former U.S. President Donald Trump has introduced his fourth series of non-fungible tokens (NFTs) titled “Series 4: The America First Collection.” Launched on August 27, this latest venture into the digital asset space has already generated significant interest and financial returns, reflecting Trump’s growing engagement with the cryptocurrency community.
Source
NFTs | OpenSea | News
🖼 0xAstra Debuts Genesis NFTs with Exclusive Minting Phases
Omnichain strategy game 0xAstra today debuts its first Genesis NFT collection ahead of its official launch on August 31. The collection, consists of 800 NFTs, were minted on the Ethereum blockchain, and were sold out before the second phase even begun. These Genesis NFTs are now being traded on OpenSea, with the floor price currently sitting at 0.135 ETH.
Source
NFTs | OpenSea | News
🖼 Pudgy Penguins Launches Free NFT Profile Picture Editor
The parent company of Pudgy Penguins and Lil Pudgy NFTs, Igloo Inc., has introduced a new division called “Pudgy Studio.” Announced on August 28, Pudgy Studio is a new service that enables users to crop their NFT avatars or profile pictures (PFPs) for free. The Pudgy Studio has an intuitive layout that allows users, who own NFTs, to explore templates from the Pudgy NFT market and the future Abstract environment.
Source
NFTs | OpenSea | News
🖼 NFL Players Association sues DraftKings for $65M over Reignmakers NFT dispute
The National Football League Players Association (NFLPA) has filed a lawsuit against DraftKings Inc., seeking approximately $65 million in damages after the sports betting company abruptly shut down its NFT-based fantasy sports platform, Reignmakers. The lawsuit, filed in the US District Court for the Southern District of New York, alleges that DraftKings breached its licensing agreement with the NFLPA by terminating payments owed under the contract.
Source
NFTs | OpenSea | News
🖼 Trump’s new NFT series ‘America First’ features Bitcoin-linked digital cards
Former US President Donald Trump revealed a new set of non-fungible tokens (NFT) via a Truth Social post on Aug. 27. Similar to previous Trump-inspired collections, the “Series 4: The America First Collection” features 50 digital cards containing images of the presidential candidate, including his notorious dance and some pictures of him holding Bitcoins (BTC).
Source
NFTs | OpenSea | News
🖼 Bitcoin Runes records 15.6M NFT transactions in 4 months
Bitcoin Runes, a protocol for non-fungible tokens launched in April, generated $162.4 million in fees over 15.6 million transactions in four months. According to Dune Analytics, Runes recorded the majority of transactions in the first two months, often exceeding 300,000 transactions per day. On April 23 alone, NFT investors racked up more than one million transactions in minting, etching, transfers and edicts combined, representing 81.3% of the total Bitcoin network bandwidth.
Source
NFTs | OpenSea | News
🔫 Shanghai's creative metaverse industry taking shape
Shanghai tops the Yangtze River Delta in cultural and creative metaverse development, according to a report released on Friday. A report by the Shanghai Cultural and Creative Industry Promotion Office and Shanghai Digital Creative and Metaverse Industry Alliance claimed that Shanghai's cultural and creative metaverse industry has begun to form a complete value chain for cultural content production, distribution, and consumer service.
Source
NFTs | OpenSea | News
🖼 NFT Sales Soar 24% as Ethereum Takes the Lead This Week
Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales reached an impressive $99.05 million, with Ethereum-based NFTs leading the charge at $36.62 million.
Source
NFTs | OpenSea | News
🖼 Rarible NFT Marketplace Adds Support For Aptos NFT Collections
Rarible, a multi-chain digital assets market platform that lets users buy, sell, and create non-fungible tokens, announces that it has integrated Aptos-based NFTs into their platform. Rarible has launched a new non-fungible token collection to commemorate the arrival of Aptos NFTs on its NFT market platform.
Source
NFTs | OpenSea | News
🖼 Casio to Release Collaboration NFT Sneakers with STEPN GO, the Move-and-Earn Web3 Lifestyle App
Casio Computer Co., Ltd. announced today a collaboration with the move-and-earn Web3[1] lifestyle app STEPN GO as part of the VIRTUAL G-SHOCK project involving the G-SHOCK brand of shock-resistant watches. FSL, the Web3 product development studio that operates STEPN GO, will release a limited-edition offering of 800 total NFTs[2] featuring four types of virtual sneakers. These exclusive digital items will be available via Raffle Mint on MOOAR, FSL's NFT marketplace, from August 26 through 29.
Source
NFTs | OpenSea | News