NFT News
Stay updated with the latest news, analysis, and insights in the NFT News category. Explore deep dives into market trends, technology updates, and expert opinions tailored for your interest.
OpenSea Regains NFT Market Share After SEA Token Launch
OpenSea’s market share jumped from 25.5% to 71.5% in four weeks. Daily transactions more than doubled post-announcement. OpenSea has regained dominance in the Ethereu...
SEC Drops OpenSea Investigation and NFTs Enter a New Era
The SEC has dropped its investigation into OpenSea without classifying NFTs as securities. The decision is seen as a victory for the NFT industry, but regulatory uncertainty s...
Doodles NFT Hits $16M Weekly Volume Following Memecoin Announcement
Doodles NFT collection achieved a $16 million weekly trading volume. The NFT market is adopting a dual-chain approach. The Doodles NFT collection has achieved a remarkable...
Nike Faces $5M Lawsuit Over Alleged RTFKT NFT Rug Pull
Investors claim Nike’s shutdown of RTFKT was a $5M “rug pull.” Plaintiffs argue Nike NFTs qualify as unregistered securities. NFT values crashed after promised features wer...
Ethereum NFT Traders Reclaim 2022 Levels, Is NFT Market Boom Ahead?
The number of NFT traders on Ethereum surpassed 40K and reached 2022 levels. The NFT market is growing to be an essential infrastructure for emerging spaces like gaming and A...
NFT Market Witnesses Massive Surge as Ethereum Collections Lead the Comeback
The NFT market roared to life on Monday, jumping more than 20% in a single day, with total market cap rising from $5.1b to $6.3b. After months of stagnation, renewed interest in E...
NFT Market Heats Up as Average Sale Prices Climb
Data from NFT tracker CryptoSlam shows that sales of non-fungible tokens (NFTs) reached over $574 million in July, the second-highest monthly volume this year. This was ...
Metaverse Shows Signs of Recovery as Virtual World NFT Sales Surge
Metaverse NFT sales rose 27% in August with nearly 14,000 transactions recorded. Trading volume remained steady at $6.5M, showing strong recovery from June’s $3.7M. The me...
OpenSea CEO Refutes Claims of Moving Away from NFTs, Reaffirms ‘Trade Everything’ Vision
In his presentation, OpenSea’s CEO framed the company as a viable alternative to to both centralized and decentralized exchanges. The CEO stated that the platform’s trading vo...
NFT Market Faces Steepest Decline as Sales Plummet to Year’s Low
Monthly NFT sales plummeted to $320 million in November, down 49% from October’s $629 million. Total market capitalization collapsed 66% from $9.2 billion in January to just $...
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