7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead

7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections LeadSales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world assets and NFTs with built-in utility. […]

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Meme Coins Surge While NFTs Navigate a Rough Patch

The Tale of Two Trends: Meme Coins Skyrocket as NFTs StumbleAs the crypto landscape undergoes a dramatic transformation in early 2024, meme coins have taken center stage, delivering unprecedented gains. Against this backdrop, the NFT market contends with a downturn, setting the stage for a potential comeback fueled by innovative projects and a reinvigorated focus on utility and technology. The Tale of Two Trends: Meme […]

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NFT Sales Slide Continues Amid Record Crypto Volumes, Marking Fourth Week of Decline

Over the past week, sales volume for non-fungible tokens (NFTs) experienced another week-on-week decrease, marking a 13.72% reduction. This downturn marks the fourth consecutive week of declining NFT sales, a stark contrast to the record-breaking achievements witnessed throughout other sectors in March. During this period, the splendor of trading volumes did not extend to digital […]

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Market Resilience Tested as NFT Sales Fall for Third Consecutive Week

Market Resilience Tested as NFT Sales Fall for Third Consecutive WeekSales of non-fungible tokens (NFTs) have dipped once more, marking the third consecutive week of decline, with a 14.97% decrease compared to the previous week. Leading the charge in this week’s sales from March 23 to March 30, Bitcoin NFT transactions amassed $82.61 million, despite experiencing a 3.8% drop from the previous week’s figures. Despite […]

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NFT Sales Tumble 18.57% in 7 Days Amid Broad Crypto Market Retreat

This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 16.55% decline from March 9 to March 16, 2024. The last seven days have witnessed an even steeper drop, with NFT sales plummeting by 18.57%. Cryptopunk #7,804 Shines in a Week of Falling NFT Sales In line with […]

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NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn

NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency DownturnIn tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $358,080,260, a decline of 16.55% from the previous week. NFT Sales Decline Across […]

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NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains. […]

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Headband-Wearing ‘Alien Punk’ NFT Sells for $16 Million, Marking Second Highest Cryptopunk Sale

Headband-Wearing 'Alien Punk' NFT Sells for $16 Million, Marking Second Highest Cryptopunk SaleAs the value of cryptocurrencies continues to climb, the second-highest sale of a Cryptopunk non-fungible token (NFT) has been recorded at $16 million, as per onchain records. This sale significantly exceeds its previous purchase price of $7.67 million, which was just three years prior. Ethereum Sees Spike in NFT Transactions as ‘Alien Punk’ Cryptopunk #3,100 […]

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$BLUR Faces Bearish Trends Amidst Crypto Market Rally

Despite a week marked by bullish movements across the cryptocurrency market, the native token of the Ethereum-based Non-Fungible Token (NFT) marketplace, $BLUR, failed to capitalize on the rally. Instead, it experienced a downtrend, trading on the downside throughout the week and witnessing a 10% decrease in its value. Today, an on-chain report shed light on significant activity involving a whale or institution holding $DYDX and $BLUR tokens worth US$28.54 million. The entity recharged 1.5 million BLUR to Coinbase, translating to a value of US$1.07 million, just a few hours ago. 两小时前,持有价值 2,854 万美金 $DYDX 和 $BLUR 的巨鲸 / 机构向 #Coinbase

The post $BLUR Faces Bearish Trends Amidst Crypto Market Rally appeared first on The Merkle News.

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NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally

NFT Market Booms With 35% Sales Increase as Cryptocurrencies RallyAs the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. NFT Sales Surge Past $412 Million in […]

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