High-Value NFT Sales Spark Market Revival as Buyer Numbers Soar
NFT market shows renewed activity with a $2.5M CryptoPunks sale and 30% more buyers, though overall sales volume declines as collectors focus on affordable assets.
NFT market shows renewed activity with a $2.5M CryptoPunks sale and 30% more buyers, though overall sales volume declines as collectors focus on affordable assets.
From the launch of NFL Rivals’ Super Bowl promotions to the anticipated integration of crypto in GTA 6, the gaming world continues to meld with cryptocurrency, offering players innovative ways to engage and earn rewards. Discover the latest developments and updates in the bustling realm of crypto gaming.
Polygon POS witnessed a surge in NFT sales and gaming transactions in Q1 2024, solidifying its position as a vital platform for digital asset transactions. The DraftKings Reignmaker collection dominated NFT sales, while the Polygon Origin Pass led the overall sales volume.
outh Korea’s financial watchdog, the Financial Services Commission (FSC), has issued guidelines classifying mass-produced, divisible, and payment-capable non-fungible tokens (NFTs) as virtual assets, making them eligible to receive interest when deposited on exchanges.
While top altcoins Dogecoin and Solana struggle in the bearish crypto market, the new altcoin Rebel Satoshi Arcade, combining GameFi and NFTs, has sold nearly 80% of its presale tokens, showcasing strong investor interest and potential.
Binance NFT Marketplace is ending all support for Bitcoin-based NFTs starting April 18 due to declining market trends, urging users to withdraw their holdings.
Dogecoin blockchain enthusiasts have completed a free airdrop of “Doge Runestones,” their version of the popular Bitcoin Ordinals-based Runestone NFTs.
Ethereum has solidified its position as the top blockchain for NFT sales, recording over $32.8 million in sales in the last 24 hours, driven by the $16.38 million sale of CryptoPunk #7804, the second-highest valued CryptoPunk ever.
Sony’s latest patent application reveals plans for “super-fungible tokens” – bundles of unique in-game assets tokenized as NFTs – that could allow PlayStation gamers to truly own and transfer their digital assets across games and platforms. This move signals a potential shift towards blockchain gaming adoption by one of the industry’s giants.
Ethereum gas fees spiked to new highs exceeding $300 for basic transactions as ETH topped $3,600, driven by surging NFT and DeFi activity ahead of next month’s fee-reducing upgrade.