Thu, May 30

NFT Trading Hits Lowest Point Since October 2023 Amid Crypto Rally

The global cryptocurrency market is displaying a surge, with Bitcoin (BTC) and Ethereum (ETH) reaching new highs. Bitcoin has soared to new peaks, trading between $68,000 and $70,000, while Ethereum is approaching the $4,000 mark. The excitement around these gains is heightened by the anticipation of Bitcoin and Ethereum ETF

May 28, 2024 2 mins read

Yuga Labs Co-founder Unveils Major Plans for Bored Apes Franchise

Greg Solano, co-founder of Yuga Labs, has finally spoken out about his plans for the Bored Apes franchise as a whole. Solano took to his official X account to explain that he is holding himself responsible by basing his update on his 10-day check-in. Ever since it debuted and became

May 26, 2024 2 mins read

NFT Collection Pudgy Penguin’s CEO Reports Over 1M Toy Sales in 12 Months

NFT project CEO Luca Schnetzler reported sales of over one million Pudgy Penguin toys in the last twelve months. As the Pudgy Penguins NFT initiative continues to extend into stores throughout the world, its founder announced on May 13 that sales had skyrocketed to over a million in the last

May 13, 2024 1 min read

OpenSea Shows Steep Decline in ETH NFT Trading Volume, Why?

OpenSea, the leading NFT marketplace, has experienced a significant downturn, in trading volume for Ethereum-based NFTs. Recent data reveals that the platform has an average daily volume of approximately 600 ETH, marking its lowest point since May 2021, predating the onset of the original NFT bull market. OpenSea is doing

May 8, 2024 2 mins read

Casio Launches NFT Collection Celebrating 50th Anniversary

In a partnership with Astar’s zero-knowledge Ethereum Virtual Machine (zkEVM), world-renowned watchmaker Casio has launched the NFT collection. The release states that this new breakthrough is intended to celebrate Casio’s 50th anniversary. The major partnership with Casio was also announced by Astar Network on X. It is vital that Casio

May 1, 2024 1 min read

Yuga Labs Announces Firm Reorganization Amidst NFT Market Downturn

The firm reorganization was announced by Yuga Labs, the maker of the Bored Ape Yacht Club (BAYC) NFTs. Greg Solano, who is both a co-founder and the company’s newly-returned chief executive officer, made the news via a series of tweets and postings on the Slack platform. According to Solano, the

April 27, 2024 2 mins read

TON Foundation Announces $600K Airdrop for NFT Traders and Holders

The TON Foundation has recently announced an airdrop for active NFT traders and holders worth $600K. An announcement was made by the TON Foundation on X about an airdrop of 105,600 TON. This was made available to active traders on the NFT markets of Getgems, xRare, and Ton NFT Diamonds.

April 25, 2024 1 min read

Yuga Labs Sells 2 NFT Gaming IPs to Faraway Amid Refocusing Efforts

As part of its previously stated decision to refocus, Yuga Labs, the organization behind NFT collection Bored Ape Yacht Club (BAYC), has sold the IP for two of its games, HV-MTL and Legends of the Mara. In a post made to X on April 17, Yuga Labs stated that the

April 18, 2024 1 min read

BAYC NFTs Floor Price Hits Lowest Point Since August 2021

At 11.1 Ether (ETH), the floor price of Bored Ape Yacht Club (BAYC) NFTs has dropped to its lowest position since August 2021, a precipitous decline of more than 90% from its high. NFT Price Floor reports that BAYC has fallen 50% since March 1 and is presently reaching a

April 16, 2024 1 min read