DeFi News Daily Official TheBitTimes.com

The global non-fungible token market has continued to record negative growth this new year. For another week, the NFT market has plummeted in terms of trading sales volume and floor price values. In the past seven days, the NFT market has recorded a trading sales volume of $106 million, down 30% from the past week. In this article, we shall explore the full state of NFTs in the past seven days. NFT Sales Fall 30% In The Past 7 Days Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer, shows that the NFT market has recorded negative gains again this week. In the past seven days, the global NFT market has attracted a trading sales volume of $106 million, down 30% from the past week. The global NFT market raised $115 million, down 11% from the previous week. Ethereum, the blockchain network renowned in the NFT market for powering most of the top NFTs, is the most-traded blockchain network in the NFT market...

BNB (Binance Coin) staking is a process that allows users to lock up their BNB tokens in a blockchain network to earn rewards. This mechanism is part of Binance’s broader ecosystem, where users participate in various staking opportunities to generate passive income while supporting the network’s security and operations. BNB staking primarily operates on the Binance Smart Chain (BSC), a blockchain developed by Binance for decentralized applications (dApps) and smart contracts. Users can stake their BNB tokens in BSC’s Proof of Staked Authority (PoSA) consensus mechanism, which combines elements of Proof of Stake (PoS) and Proof of Authority (PoA). This hybrid model allows users to earn rewards for validating transactions and maintaining the blockchain’s integrity. Staking BNB typically involves locking up tokens for a set period, during which the staker earns a share of the transaction fees and newly minted tokens. The longer the staking period and the larger the amount staked, the...

The non-fungible token has slightly surged this week, breaking its recent negative trend that left the global weekly sales volume below $70 million. The global NFT market has seen its sales volume rise to +$79 million this week, up +6% from $70 million last week. This positive growth shows that investors still consider NFTs a viable investment mode. NFT Sales Jump 6.68% This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer backed by crypto billionaire Mark Cuban, shows that the global non-fungible token market has retested positive growth this week. In the past seven days, the global NFT market has attracted a trading sales volume of $79 million, representing a 6.68 % increase from the past week. During this period, the number of investors buying non-fungible token collections has increased this week. The NFT market has seen 649,759 crypto traders buying NFTs in the past seven days. Interestingly, this ...