Author: NFT Evening

Bybit is a popular trading platform for buying and selling cryptocurrencies. But did you know you can get a welcome bonus when you sign up? It’s called a referral bonus, which is given after using a referral code while signing up.In this guide, we’ll explain what a Bybit referral code is and how to use one to get free USDT. We’ll also tell you about some of the other benefits of using an invite code.Key Takeaways:Using the Bybit referral code “GYNOBXZ” can earn you up to 30,000 USDT in sign-up bonuses and a 30% rebate on trading fees, plus a…

Cryptocurrency trading can be a complex and exciting journey, but choosing the right platform to buy and sell it is an important first step. Binance is one of the most popular crypto trading platforms out there, but is it the right one for you to trade crypto? In this Binance review, we’ll break down everything you need to know, from its wide variety of coins to its fees and trading features. Key Takeaways:Binance offers a diverse range of trading services, including spot, margin, and futures trading, alongside advanced features like Binance NFT, Binance Earn, and Binance Launchpad.It has competitive trading fees with…

Thinking about buying Bitcoin or other cryptocurrencies? You’ll need a safe and user-friendly crypto platform to trade them. The Bybit exchange is one of the popular options with over 20 million registered users. In this Bybit review, we’ll break down what Bybit is, its features, and if it’s the right crypto trading platform for you, even if you’re new to the crypto market.Key Takeaways:Bybit is a crypto exchange that offers a trading platform with over 1219 cryptocurrencies and 60+ fiat currencies, accommodating features like derivatives trading with perpetual and futures contracts.It employs security measures such as KYC verification, 2FA, and…

NFT Sales Volume PlummetsNFT sales reached $4.1 billion in the 1st quarter of 2024, by CryptoSlam. Continuing its increased trend from $2.9 billion in Q4 2023, this momentum was short lived as Q2 sales dropped quickly.The downward trend in NFT sales was significant, with the market recording only $2.24 billion in the second quarter. This marks the lowest quarterly volume since Q3 2023, indicating a substantial 45% decline from the previous quarter.June proved to be particularly challenging for NFTs, with the average sale value dropping by 59% compared to March. Moreover, it is poised to have the lowest transaction volume…

Mark Cuban created the noise in the digital asset world when he sold an NFT collection, the famous cuties collection, Pudgy Penguin NFT which profited him more than $30,000. These transactions were conducted through his OpenSea wallet, indicating his involvement in the freshly digital market, NFT.In addition to these sales, Cuban’s wallet boasts a Dallas Mavericks-themed Proof of Culture NFT priced at nearly $50,000. This ongoing activity highlights his sustained interest and deep involvement in the digital asset space, with his portfolio comprising around 1,600 items across various NFTs.Cuban’s Impact on the NFT LandscapeMark Cuban embraced NFT technology early on.…

The NFT market continues to face challenges. Last week sales decreased 12%, after a 16% decline the week before. Sales over the last seven days have come to just under $100 million by CryptoSlam. Over 785,000 traders were involved in 1.4 million transactions.Ethereum Leads NFT SalesEthereum is still the leading blockchain for NFT sales. It recorded $38.4 million in transactions last week. However, Ethereum also saw a significant rise in wash trading, with earnings from this activity increasing by nearly 9.5% to $37.69 million.Last week, Polygon produced a great performance. With an 11.2% increase in revenues, it surpassed the Bitcoin…

The cryptocurrency market continues to evolve rapidly, with new exchanges emerging all the time. One such platform is Zoomex, established in 2021 to provide a user-friendly and secure environment for crypto trading. Dive into our comprehensive Zoomex review, where we delve into the platform’s cutting-edge trading features, robust security measures, and transparent fee structure. We’ll also examine its potential advantages and limitations, providing you with all the insights needed to determine if this exchange is the perfect fit for your trading needs.Key Takeaways:Zoomex is a spot and futures cryptocurrency exchange with other advanced features like copy trading, leverage trading, and no…

The Web3 gaming ecosystem is witnessing a paradigm shift, especially after the market shifts in 2022. After struggles with low-quality gameplay and unsustainable rewards, there’s a marked shift towards better gameplay, with fun taking center stage once again. One of the leading examples of such games is Shutdown, a Web3 role-playing and first-person shooter game with a reward structure that’s built around skill rather than chance. The game is powered by its native token, FUSE, and requires players to hunt and harvest, complete quests, and team up with others in a battle to take down a rogue AI. What is Shutdown? Shutdown is…

The NFT market experienced a downturn this week. Sales dropped by nearly 16%, reflecting a notable decline. Sales in the market increased by 17% last week. This makes the recent drop even more striking in contrast. Total sales reached $121.7 million by CryptoSlam. Over 519,000 traders were actively trading, showing continued high levels of engagement.Ethereum Leads the WayThe Ethereum network saw $39.28 million in sales. This showed an increase of 14.48% from the week before. The amount of active traders on the Ethereum NFT increased. The number rose by almost 48% to 23,586. Additionally, wash trading increased on the network…

Lotte Home Shopping, the e-commerce arm of retail giant Lotte, launched its NFT Shop platform just over two years ago, in May 2022. The company announced on June 12 that it will cease NFT shop services on July 2.Customers accessed the trading platform through the Lotte Home Shopping mobile app. The platform was part of Lotte’s strategy to build a metaverse platform for the future.Use of Fiat Currency and Corporate Tie-insUnlike typical NFT trading platforms, NFT Shop facilitated transactions using fiat KRW, aiming to make NFTs accessible to non-crypto holders. Lotte Home Shopping also introduced its own NFT line featuring…