NFT Sales Climb 464% in 3 Months, Mochi Market Nears $1B, Cryptopunk #7804 Sells for $7.5M

The market history of non-fungible token (NFT) sales has been steadily expanding during the last three months, according to statistics from nonfungible.com’s historical market data. NFT sales over the past three months have increased by 464% since June 27 and the…

Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’

Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,” the bank…

Bitwage Raises $1.5 Million in Latest Funding Round

Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online investments. Bitwage will…

IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up

The International Monetary Fund (IMF) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability. “Cryptoization can reduce the ability of central banks to effectively implement monetary policy. It could also create financial stability risks.” IMF Sees New…

These 3 NFT Projects Collectively Captured Over $10 Billion in Sales

Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales stretch into the billions. Statistics show that the NFT marketplace Opensea, the blockchain NFT game Axie Infinity, and…

NFT Market Sales Drop by More Than 50% — Popular NFT Collection Trade Volumes Nosedive

After non-fungible token (NFT) sales soared during the month of August, the first week of September’s NFT sales has been awful. Statistics show the number of sales in mid-August tapped a high of 193,693 sales but plummeted 86% to 27,053 sales…