NFT sales plunge to $146.5m, Ethereum and Bitcoin network sales recover

As Bitcoin continues to face resistance near the $100,000 mark, the NFT market has experienced a 1.6% drop, with total sales volume settling at $146.5 million. While Bitcoin btc0.57%Bitcoin trades at $96,800, Ethereum eth1.44%Ethereum has shown strength by surging 3.5% in the last 24 hours to reclaim the $3,700 level. The global cryptocurrency market capitalization has expanded to $3.42 trillion...

Pavel Durov reveals new Telegram blockchain features

The founder of the Telegram messenger, Pavel Durov, spoke about the future of the TON cryptocurrency. At the Token2049 conference in Dubai, Durov explained how ordinary Telegram users can use Toncoin (TON). Starting on April 19, the first payments in TON for advertising to Telegram channel administrators will begin. In addition, starting next week, users will be able...

Binance to delist Bitcoin NFT collections

Binance’s NFT marketplace will end all support for Bitcoin NFTs from this month amid declining market trends. Starting April 18, Binance NFT will not accept trades or deposits for Bitcoin-based NFT collections. The platform has issued guidance for its users, urging them to transfer their Bitcoin NFTs out of the marketplace using the Bitcoin network by May 18. Binance will...

NFT Price Floor co-founder predicts quality NFTs comeback despite market retreat

NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. NFT Price Floor co-founder Nicolás Lallement shared with crypto.news his perspective on...

Electric Capital to address cross-chain cnalytical data challenges with new NFT venture

Electric Capital, a web3 venture capital firm, is delving into the analytical aspect of the NFT market to address two unresolved issues. In an X thread on Mar. 22, Electric Capital founder Avichal Garg unveiled a new analytical platform designed to address the scarcity of cross-chain data and transparency within the turnover of digital collectibles. Named NFT Pulse, the...

Celebrities Make Money from NFT

(Left) Joey is an avid toy collector (Right) “Who Is This Boy” digital collectibles features pop culture references. With the non-fungible token (NFT) trend gaining traction in recent years, many Hong Kong artistes have been quick to jump on the bandwagon and see it as an income source, despite the risks involved. Among them is actress Joey...

2,000 hamsters to be digitally ‘resurrected’ after Hong Kong Covid-19 cull

A non-fungible token (NFT) project featuring 2,000 pixel art hamsters has been launched in Hong Kong, after the public hit out at a government decision to cull the animals over the possible risk of Covid-19 transmission to humans. Earlier this week, Hong Kong authorities asked pet shops and owners to hand over about 2,000 hamsters for...

These 5 NFTs Are The Most Expensive NFTs Sold in 2021, No. 1 Spot is RM384 million!

People have gained a whole jackpot solely from selling their NFT. Slowly we are seeing people work their way into the world of NFT. High demand in digital assets are the main reason to why NFT is selling like crazy because not only are these people a fan of digital art, but also consider themselves as investors and collectors. So here’s...