Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market

Trump Cards Jump Amid Indictment, Strong Quarter for NFT MarketSales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen its strongest quarter since early last year, reaching a trading volume of $4.7 billion, despite a weaker March. Trump NFTs Spike as Former President […]

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Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities

Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered SecuritiesA federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot NFTs, known as “Moments” issued […]

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NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements

NFT Sales Rise 18.43% This Week, Led by Ethereum's $233.85 Million in NFT SettlementsNon-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the market, accounting for $233.85 million of the total sales, a 25.42% increase from the previous week. Top NFT Collection of the Week: Otherdeed Leads with […]

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NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023

NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being […]

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The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support

The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain SupportOn Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With BNB blockchain support, Opensea users will be able to purchase and list BNB NFT assets. Opensea Integrates BNB Chain — Marketplace Users Can Now Buy […]

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