Tag: collectibles

CryptoPunks Plunge in Value as NFT Market Endures Downturn

CryptoPunks Plunge in Value as NFT Market Endures Downturn

The non-fungible token (NFT) market has crashed, with two-thirds of marketplaces’ transactions denominated in Ethereum dropping below $20. Formerly treasured CryptoPunk NFTs are now hitting the market at 99% off. NFTs that once sold for more than $1 million dollars can now be picked up for as low as $65,000....

NFT Crash: A Needed Reset or Sign of a Broken System?

NFT Crash: A Needed Reset or Sign of a Broken System?

We've all heard the stories. The million-dollar JPEGs, the get-rich-quick schemes, the hope of a decentralized heaven for creatives. What happens when the music stops? This recent NFT crash is more than just a market correction. It’s a reminder that market hype without guardrails can create brutal outcomes, especially for...

CryptoPunk 'Alien' Sells for 4000 ETH: Boom or Bust?

CryptoPunk 'Alien' Sells for 4000 ETH: Boom or Bust?

The NFT market has been incredibly volatile, with many projects or collections having had lost as much as 90% of their initial value. Despite the ongoing crypto winter, the recent sale of CryptoPunk #3100 for 4000 ETH made waves. This sale—which was valued at approximately $16 million—has sparked rampant speculation...

CryptoPunk #3100 Sells for 4,000 ETH Amidst NFT Market Fluctuations

CryptoPunk #3100 Sells for 4,000 ETH Amidst NFT Market Fluctuations

CryptoPunks, designed by Larva Labs in 2017, is a set of non-fungible tokens (NFTs). It has enjoyed tremendous success and has wrestled through difficult times in the ever-evolving digital marketplace. In 2021, the initial creation of 10,000 avatars became the poster child of the NFT boom. Individual NFTs from this...

Top 8 Wallets to Keep Your Pudgy Penguins Safe in 2025

Top 8 Wallets to Keep Your Pudgy Penguins Safe in 2025

With the booming digital world, protecting your prized NFTs—particularly sought after collections like Pudgy Penguins—should be a top priority. BlockTraderHub.com is here to help you navigate through the most effective ways to protect your digital assets in 2025. This article provides a comprehensive, unbiased look at the top crypto wallets...

Crypto.com Expands Mane City with New 'Fractured Fate' NFT Land Collection

Crypto.com Expands Mane City with New 'Fractured Fate' NFT Land Collection

As one of the world’s fastest-growing financial services ecosystems, expanding cryptocurrency and NFTs are at the core of Crypto.com’s business. They just announced a very cool new NFT collection to be released in advance of their Mane City game. This ‘Crypto.com Land – Fractured Fate’ collection will be released on...

NFTs to $700B? What's Driving the Explosive Growth!

NFTs to $700B? What's Driving the Explosive Growth!

The Non-Fungible Token (NFT) sector has the entire art and culture world buzzing with excitement, and for good reason. Projections show the NFT market is expected to EXPLODE to a staggering $700 billion by 2034. What's fueling this incredible growth? BlockTraderHub.com is BlockStreet’s new one-stop shop for crypto intelligence! We’re...

CryptoPunk NFT Sells for $6 Million, Investor Suffers $10 Million Loss

CryptoPunk NFT Sells for $6 Million, Investor Suffers $10 Million Loss

One investor sold a single CryptoPunk non-fungible token (NFT) for the equivalent of 4,000 ETH, or more than $6 million. This sale is the largest NFT sale in the last 30 days. As the owner forcefully argued, it resulted in a gigantic loss of almost $10 million for the owner....