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NFT

cryptocurrency May 19, 2023

Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According to a report by Nansen, a crypto analytics platform, NFTs have fallen behind in doing the most in Ethereum gas fees.  Advertisements Notably, while Ethereum’s transition to proof-of-stake, in an event known as “The Merge,” is […]

cryptocurrency May 14, 2023

Advertisements The Autoglyphs and Azuki collections showed strength despite the broader market tumble. The number of addresses buying NFTs fell to June 2021 levels. It has been a horrendous last 30 days for blue-chip Ethereum [ETH] NFTs in the market with a handful of them experiencing significant downturns in value. However, out of the top […]

cryptocurrency April 16, 2023

– Developers are shifting away from contributing to the U.S. crypto ecosystem. Advertisements – Smart contracts deployment and active addresses across all blockchains have reached their respective ATHs. Since Bitcoin [BTC] marshaled many other assets to reach their respective All-Time Highs (ATH) in 2021, the cryptocurrency landscape has been characterized by its dynamism and volatility, […]

cryptocurrency March 20, 2023

BAYC’s social mentions and engagement increased. The NFT collection’s floor price decreased, leading to further market cap nosedive. As one of the most valuable NFTs, it is unlikely not to find Bored Ape Yacht Club [BAYC] among the top collections with the most volume week-in and week-out. But the trend of the last 24 hours […]

cryptocurrency March 8, 2023

Blur surpassed its overall February market share in only the first seven days of March CryptoPunks traders preferred the platform despite Ethereum NFTs’ volume downturn The Blur NFT marketplace may have launched in October 2022 but its track record since proves that the platform cares less about longevity. Also functioning as an aggregator, the marketplace […]

cryptocurrency February 25, 2023

The volume of blue chip collections, including BAYC, Otherdeed, and MAYC, all declined around the same period Other not-so-popular collections filled in for the decrease, but there were no substantial changes. Ethereum [ETH] NFTs like Otherdeed, Moonbirds, and Bored Ape Yacht Club [BAYC] were almost always on the list of collections with the most daily […]

cryptocurrency February 9, 2023

ChatGPT’s ENS domain sold for 139x of its initial sale. Registrations remain in shambles despite an increase in 24-hour trading volume. Despite not being a part of AI token, Ethereum Name Service [ENS] became part of the cryptocurrencies that have gained from ChatGPT’s rise. According to the sales bot of the open naming system, the […]

cryptocurrency January 30, 2023

Ethereum-based NFTs on OpenSea saw its highest monthly sales volume since August 2022. OpenSea saw increased activity in the last 30 days. With Blue Chip non-fungible tokens (NFTs) collections at the forefront, the year has so far seen a resurgence of interest in profile-picture (PFP) NFTs.  Advertisements Ethereum-based NFT sales have soared to a four-month […]

cryptocurrency December 5, 2022

Ethereum witnessed a decline in NFT transactions, but blue-chip collections did well Ethereum observed support from retail and large investors NFT transactions on Ethereum have declined significantly, from 22% NFT dominance to 8.3% according to crypto analytics firm Glassnode. On the other hand, stablecoin transactions grew and took up the space originally conquered by NFTs. This […]