NFT Sales Surge Over 43% in Past Week, Topping $397 Million
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 roughly 1.62 million transactions. NFT Sales Continue to Rise in 2023, Ethereum Dominates NFT […]
The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply
United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last two years have led to a stash of around 214,682 bitcoin […]
Understanding the Dutch Auction and Its Implementation in the NFT Market
The NFT space is unarguably one of the fastest-growing in the decentralized economy, and this is evidenced by the tremendous successes recorded since breaking into the mainstream over the past few years. Notably, the first NFT experimentation was recorded around in 2014 when Kevin McCoy reportedly minted the first NFT token – “Quantum.” However, the […]