NFTs in Decline: Trading Activity Hits a Four-Year Low in 2024
TL;DR NFT market trading volumes and sales counts hit a four-year low in 2024, with annual trading volumes falling by 19% and sales counts dipping by
NFTs (Non-Fungible Token) are digital art pieces whose ownership is registered on the blockchain.
Almost any artistic production can be tokenized. Images, songs, lyrics, game items, and many others.
NFTs can be bought and sold on the market, and are currently valued in the hundreds or billions of dollars. This represented a major breakthrough for industries such as art, fashion and video games.
Here you will find out all the latest news about NFTs.
TL;DR NFT market trading volumes and sales counts hit a four-year low in 2024, with annual trading volumes falling by 19% and sales counts dipping by
TL;DR Donald Trump has launched the “Trump Bitcoin Digital Trading Cards” NFT collection on the Bitcoin network through the Ordinals protocol. The collection includes 200 cards,
TL;DR Magic Eden expands by integrating Sei Network, offering faster, more cost-effective transactions and advanced tools for NFT creators and traders. The integration includes Launchpad, Mint
TL;DR Yuga Labs acquires Tokenproof’s tech team to enhance real-world NFT ownership verification, announced on December 3, 2024. The acquisition strengthens Yuga Labs’ infrastructure, integrating Tokenproof’s
TL;DR OpenSea announces a significant overhaul of its platform, set to relaunch in December 2024 as “OpenSea 2.0,” aiming to reclaim its market position amidst declining
TL;DR Magic Eden and Ubisoft have launched a collection of NFTs based on “Captain Laserhawk: The GAME” on the Arbitrum blockchain. The collection consists of 10,000
TL;DR Magic Eden Splits Platforms: Magic Eden launches separate domains for US (magiceden.us) and international (magiceden.io) users to comply with regional regulations and introduce new features.
TL;DR August 2024 NFT Sales Drop: NFT market sales fell to $374 million in August, marking the first time this year that sales dipped below $400
TL;DR Donald J. Trump has launched his fourth NFT collection, which includes a piece of the suit he wore during his debate with President Joe Biden,
TL;DR July NFT Sales Plummet: Non-fungible tokens (NFTs) hit near-record lows in July, with a monthly volume of just $393 million. Daily NFT volumes dipped below $14
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