Arcade Announces 3 Million ARCD Token Airdrop for NFT Collectors
Arcade will airdrop a platform for lending digital collectibles. Three percent of the ARCD token supply will be sent to owners of particular NFT collections. Arcade announced its “Clash of Clans” airdrop program on Medium. The effort aims to disperse ARCD tokens among 4,000 wallets, with each wallet able to claim 750 ARCD tokens. The […]
Cristiano Ronaldo Plays Football Match with NFT Holders
Football superstar Cristiano Ronaldo fulfills specific commitments to nonfungible token (NFT) holders by participating in a football match with them in a Binance-sponsored training event. Binance, a cryptocurrency exchange, published a video of Ronaldo playing football with several of his NFT holders and supporters on January 25. Ronaldo, in conjunction with fellow Binance endorser Khaby […]
Spot Bitcoin ETF Approval Could Trigger NFTs Comeback
Web3 experts assert that the approvals by the United States Securities and Exchange Commission (SEC) of the first spot Bitcoin exchange-traded funds (ETFs) in the United States could stimulate the declining nonfungible tokens (NFTs) ecosystem. According to Bill Qian, chairman of crypto investment firm Cipher Capital, presumably, “alternative assets” such as NFTs will “benefit indirectly” […]
OKX Tops Blur, OpenSea NFT Marketplace In Daily Trading Volume
The nonfungible token (NFT) marketplace of the crypto exchange OKX outperformed other notable NFT marketplaces of OpenSea, Blur, and Magic Eden on the 24-hour trading volume data on Dec. 18. The daily trading volume on the OKX NFT Marketplace was approximately $50 million at 10:00 am UTC on December 18, according to the decentralized applications […]
NFT Trading Volume Reportedly Reaches $1B in Crypto Market Bull Run
Nonfungible token (NFT) trading has begun to follow the bullish trend in cryptocurrency markets, with a volume approaching $1 billion in November, according to data from the dApp monitoring platform DappRadar. According to the report, the NFT sector maintained upward momentum for the second month. In November, trading volume increased by 125%, indicating a change […]