
NFT Sales Surge 37% as Immutable Overtakes Ethereum
The NFT market surged 37% to $144.8 million in weekly sales, with Immutable X dethroning Ethereum for the first time in months while buyer participation jumped over 50%.
The NFT market surged 37% to $144.8 million in weekly sales, with Immutable X dethroning Ethereum for the first time in months while buyer participation jumped over 50%.
An anonymous NFT artist shares their harrowing experience with unexpected crypto tax liabilities, revealing common pitfalls in digital asset taxation that many creators overlook.
Polygon’s NFT ecosystem has crossed $2 billion in total sales, fueled by growing adoption of real-world asset (RWA) tokenization projects like Courtyard’s collectibles platform.
The NFT lending market has experienced a catastrophic collapse, with monthly volumes dropping 97% from $1 billion to $50 million while active participants declined by up to 90%.
FIFA has selected Avalanche to power its new layer-1 blockchain network designed for NFT collections and digital fan experiences, serving its five billion worldwide fans through enhanced scalability and EVM compatibility.
A little-known cryptocurrency token trading under the symbol FIFA plummeted 58% after initially surging 67% due to traders mistakenly connecting it to the official FIFA organization’s legitimate blockchain initiatives.
The NFT market shows signs of recovery with a 10.6% sales increase to $115 million, led by Doodles’ explosive 500% rally. Analysts debate whether this marks a sustained comeback or temporary surge.
Apple’s revised US App Store guidelines now allow developers to link to external payment systems without Apple’s commissions, significantly benefiting crypto apps dealing with NFTs, DeFi, and wallet services while potentially retaining 15-30% more revenue per transaction.
Leading NFT marketplace Magic Eden has unveiled its Season 2 rewards program, offering enhanced incentives for traders and collectors. The new initiative aims to revitalize NFT market participation through exclusive perks and community engagement features.
A rare CryptoPunk Alien NFT sold for $6 million in Ethereum, marking a substantial $10 million loss from its previous $16 million sale price just one year earlier.