Altcoin News Official TheBitTimes.com

The global non-fungible token market continues feeling the wrath of trade wars, started by the United States President Donald Trump and retaliated by other regions, including the European Union and Asia. An anonymous NFT investor in perfect testament to the mess created by the Trump tariff, among other factors, after selling his Punk NFT for just $6 million, losing $10 million in value. This NFT investor bought his CryptoPunks NFT collection for $16 million in 2024. 1▹ Crypto Markets Feel the Heat from Trump’s Tariffs! Since Trump’s inauguration on Jan 20, crypto markets have faced pressure. • $BTC -26% • $ETH -54.6% • $SOL -61.1% • $DOGE -62.6% Tariffs are impacting all markets! pic.twitter.com/F0HbmNnmQ6 — FinChain (@Defi_FinChain) April 7, 2025 Punks #3100 Sells For $6 Million In an April 10 blog post, CryptoPunks Bot, an analytic X account tracking the sales and bids of CryptoPunks non-fungible token collections, confirmed that Cr...

The global non-fungible token market, once seen as a revolutionary investment, is now seeing significant downturns, leaving many crypto and non-fungible token holders making massive losses. Despite the recent speculations and volatility stirred by the United States Securities and Exchange Commission along with other factors, the CryptoPunks have broken all limitations and barriers to become the top-selling NFT collection. A few hours ago, another punk sold for over $1.2 million. Punk 9368 bought for 550 ETH ($1,265,786.46 USD) by 0x9045de from 0x0232d1. https://t.co/dHeRzV7vTY #cryptopunks #ethereum pic.twitter.com/MJfdn81GbC — CryptoPunks Bot (@cryptopunksbot) September 9, 2024 Last month, the United States Securities and Exchange Commission (SEC) issued a well notice to OpenSea, one of the largest NFT marketplaces in the NFT market, claiming that many of the NFT collections on its platform are securities. This regulatory concern has stirred some fear, uncertainty and doubt ...