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Weekly NFT Sales Show Improvement, Fantom and Immutable X NFT Volume Spikes

Weekly NFT Sales Show Improvement, Fantom and Immutable X NFT Volume SpikesNon-fungible token (NFT) sales managed to climb higher during the last seven days than the previous week’s overall sales. This week’s NFT sales managed to jump over 6.3% after recording more than $153 million in sales compared to last week’s $144 million. Non-Fungible Token Sales This Week Climb More Than 6% Higher, 2 NFT Collections […]

Weekly NFT Sales Show Improvement, Fantom and Immutable X NFT Volume Spikes

Non-fungible token (NFT) sales managed to climb higher during the last seven days than the previous week’s overall sales. This week’s NFT sales managed to jump over 6.3% after recording more than $153 million in sales compared to last week’s $144 million.

Non-Fungible Token Sales This Week Climb More Than 6% Higher, 2 NFT Collections Jump More Than 279% in 7 Days

  • NFT sales have gained 6.39% across 17 different blockchains that support NFT technology. Ethereum-based NFTs were the most sold as the chain saw $127 million out of the week’s $153 million in overall sales. ETH-based NFT sales increased by 11.10%, according to cryptoslam.io’s statistics.
  • The chain with the largest increase in NFT sales during the week was Fantom up 75.64% and the second largest was Immutable X jumping 56.57% higher. The Palm blockchain lost 56.50% and the Binance Smart Chain’s NFT sales slipped by 36.37% this week.
  • The top NFT collection in terms of sales was Cryptopunks as it gathered $9.4 million in sales up 3.98%. The second largest compilation in terms of sales is Sorare with $9.1 million up 6.88% during the last seven days. The third largest was Bored Ape Yacht Club (BAYC) with $8.93 million in seven-day sales but BAYC sales slipped 22% lower than the week prior over the last week.
  • Rareapepeyachtclub saw the second largest increase in terms of compilations with a 279.46% rise, but the largest stemmed from the Cryptodickbutts S3 collection which jumped 474.65% this past week.
  • Bored Ape Yacht Club # 949 was this week’s most expensive NFT sale, as it sold for 145 ether or $289K. The second most expensive sale during the last seven days was Bored Ape Yacht Club # 1,833 which sold for $282K. All five of the top five most expensive NFTs sold this week derive from the BAYC collection.
  • In fact, the top 18 most expensive NFTs sold during the last seven days are Bored Ape Yacht Club NFTs. The 19th most expensive was Noun 399 which sold for 83 WETH or $156K and the 20th most expensive was Bored Ape Yacht Club # 4,170 which sold for $155K.
  • BAYC has the most expensive floor price this week as well as the lowest valued BAYC today is 78.69 ETH. The second most expensive NFT floor value is from the Cryptopunks NFT collection at 69.95 ETH and the third most expensive floor value stems from Proof Collective which is 65 ETH today.
  • The top five NFT marketplaces in terms of sales this week include Opensea, X2Y2, Bloctobay, LooksRare, and the Axie Marketplace.

What do you think about this week’s NFT sales action? Let us know your thoughts about this subject in the comments section below.

Source: Markets and Prices Archives – Bitcoin News

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Altcoins

Billionaire David Rubenstein says ‘crypto is not going away’

The Carlyle co-founder David Rubenstein also believes Congress will not overregulate the crypto industry.…

The post Billionaire David Rubenstein says ‘crypto is not going away’ appeared first on CoinJournal.

  • The Carlyle co-founder David Rubenstein also believes Congress will not overregulate the crypto industry.

David Rubenstein, co-founder and co-chairman of Carlyle, a global private equity firm, believes crypto is here to stay.

Rubestein, who aired his views on the crypto sector in a recent interview with Bloomberg, however suggests key factors that might drive one to crypto is if they are worried about government intervention or regulation and want to keep their money in something the authorities have no control over.

The billionaire businessman was speaking to fellow billionaire, Citadel founder and CEO Ken Griffin, during the launch of the Carlyle exec’s book “How to Invest”.

Asked what he thought of cryptocurrencies as part of his views on investing, Rubestein said he previously looked at it as gambling.  But even then, he says those who allocate a percentage of their net worth into gambling or such other ventures, need to only use that which they can afford to lose.

So with crypto that was my view for some time. If you get pleasure by watching the screens all day and saying you’ve just made a lot of money in crypto and so forth, you know allocate just enough so if you lose it it’s not the end of the earth,” he said.

I now think that crypto is not going to go away the way some people have thought. And while you can argue it’s worthless, in some respects many things that people buy are maybe worthless,” Rubestein added.

Crypto not the ‘worst thing’ to invest in

The veteran businessman also touched on the aspect of “a libertarian view of life” in crypto, where the need to have assets that the government can’t control is increasingly seeing the industry lobby Congress for certain legislation. 

According to him, this appears to be pretty effective at the moment, and his opinion is that Congress will not overregulate the crypto industry.

And while he thinks crypto might attract people out to keep their money from the government- like Russian oligarchs whose assets were confiscated as part of Western sanctions, or a Chinese investor worried about the same should China invade Taiwan –  he says certain factors make crypto “not the worst thing” to hold.

Why is this so? 

You can move it anywhere around the world. It’s not going to be devalued by government inflation. It’s not the worst thing to put some of your money in,” he offered.

Rubestein said he has not personally invested in any particular cryptocurrencies. However, he is invested in “companies that service the industry” as he believes the industry as a whole is here to stay.

And like the internet, computers or smartphone trends or such other past trends, the young people are almost always at the forefront. The crypto revolution is no different, he opined.

People who are in their 70s don’t usually start economic trends really,” he opined.

The post Billionaire David Rubenstein says ‘crypto is not going away’ appeared first on CoinJournal.

Source: CoinJournal: Latest Bitcoin, Ethereum & Crypto News

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