China News by Thebittimes.Com

The global non-fungible token market has experienced extreme volatility in October, driven by geopolitical news from the United States and other prominent countries. Earlier this month, Trump imposed a tax on products from China and Canada. This form of geopolitics harshly impacted the NFT market, liquidating more than $1.2 billion. Despite this volatility, the global NFT market has recorded a trading sales volume of +$605 million in October 2025, up +8% from September. NFT Sales Jump 8% To $605M In October Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer tracking non-fungible token collections from more than 20 blockchains, shows that the non-fungible token market has increased in trading sales volume again in October. In the past 30 days, the non-fungible token market has amassed a trading sales volume of $605 million, up 8% from the past month. The non-fungible token market performance in Octob...

The global non-fungible token market is showing signs of a mild rally, marked by a slight increase in trading sales volume in some of the blockchain networks. BNB Chain, a renowned blockchain network from the Binance crypto exchange platform, is one of the blockchain networks that has seen increased trading sales volume in the non-fungible token market. In the past seven days, the BNB Chain has surpassed top NFT chains like Mythos Chain, Polygon, and the Solana network. BNB Overtakes Polygon In The NFT Market Chart Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer that tracks non-fungible token collections from over 20 blockchain networks, shows that BNB Chain has recorded positive growth in the NFT market this week. In the past seven days, the BNB Chain-based NFTs have raised a trading sales volume of $22 million. BNB Chain has surpassed other top NFT blockchain networks such as Polygon, Mythos Ch...

The metaverse was meant to herald a bright new future for humanity. With none other than Mark Zuckerberg at the helm, it was supposed to welcome five billion users and grow to $13 trillion, according to researchers at Citi. Unfortunately, it appears that these analysts — and Metaverse cheerleaders — were getting a little ahead of themselves. Zuckerberg’s metaverse division at Meta (formerly Facebook) lost $4.5 billion last quarter alone, adding to its lifetime, $46 billion-and-counting metaverse losses. His flagship metaverse game for adults, Horizon Worlds, is embarrassingly popular with children. Similarly, the crypto metaverse industry — at least when measured using the prices of assets like land parcels, metaverse currencies, and in-world characters — has all the characteristics of a dazzlingly popped bubble. YouTuber finds only 900 daily users in Horizon Worlds — Meta’s $36B metaverse Decimated digital land and asset prices Consider The Sandb...