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NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap

[Mar 25, 2023 1:30 PM] Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded…

Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

[Mar 21, 2023 4:00 PM] On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience…

Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million

[Mar 7, 2023 12:30 PM] Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions…

Binance's AI-powered NFT generator hits 10K mints in 2.5 hours

[Mar 1, 2023 10:54 PM] In the limited beta, Bicasso was taking user-submitted profile pictures and turning them into a work of digital art in seconds.

NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales

[Feb 24, 2023 2:00 PM] Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days…

Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists

[Feb 21, 2023 11:30 AM] On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were…

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art

[Feb 20, 2023 8:30 AM] With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched…

NFT Sales Surge Over 43% in Past Week, Topping $397 Million

[Feb 18, 2023 1:30 PM] Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and…

Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape

[Feb 18, 2023 11:30 AM] The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and…

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours

[Feb 14, 2023 2:30 PM] The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token…

Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters 

[Feb 2, 2023 9:30 AM] Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the…

Ordinals protocol sparks debate over the place for NFTs in the Bitcoin ecosystem

[Jan 30, 2023 12:30 AM] The community has been divided as to whether the nonfungible token-like “digital artifacts” are the right fit for the Bitcoin space.