DeFi Daily News
Thursday, October 16, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi NFT

rewrite this title and make it good for SEO Bybit Closes NFT Marketplace as Industry Faces Ongoing Challenges – Cryptoflies News

Flavia S. by Flavia S.
April 6, 2025
in NFT
0 0
0
rewrite this title and make it good for SEO Bybit Closes NFT Marketplace as Industry Faces Ongoing Challenges – Cryptoflies News
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1200 words and keep HTML tags

0

Cryptocurrency exchange Bybit has announced that it will end its non-fungible token (NFT) operations by April 8, 2025. 

The company shared the news through a statement on its official website on April 1, advising users to manage their assets before the shutdown date. This closure will affect its NFT marketplace, as well as the Inscription Marketplace and IDO product pages.

While the company did not provide specific reasons for the discontinuation, it follows a trend seen across the industry. In recent months, several other companies have made similar moves in response to market conditions. 

One example is X2Y2, a well-known NFT platform, which last week announced it would cease its operations after three years. The decision reflects the ongoing challenges faced by the NFT market. 

A mix of regulatory uncertainty and a sharp market decline has led to reduced activity within the space, making it difficult for platforms to maintain their businesses.

You Might Be Interested In

Data from January 2025 shows that the global NFT market saw a significant drop in sales, with trading volume at $697 million, a 24% decrease from $901 million in December 2024. 

This decline continues a downward trend that has been evident since the peak of the NFT boom in 2021. As the market struggles to regain momentum, more companies are choosing to step back from NFT-related services.

Last month, LG announced the closure of its NFT platform, Art Lab, set for June 17. Other companies have also exited the space, including Kraken, Immutable, Quidd, and MakersPlace.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BybitChallengesClosesCryptofliesfacesGoodIndustryMarketplaceNewsNFTOngoingrewriteSEOtitle
ShareTweetShare
Previous Post

Second child dies of measles in Texas, RFK Jr. attends funeral | LiveNOW from FOX

Next Post

China Takes Gloves Off in Trade War With US

Next Post
China Takes Gloves Off in Trade War With US

China Takes Gloves Off in Trade War With US

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Why Outlet Malls Are Struggling In The U.S.

Why Outlet Malls Are Struggling In The U.S.

July 16, 2024
rewrite this title Soulframe Joineries and reforging guide

rewrite this title Soulframe Joineries and reforging guide

July 28, 2025
Live Coverage of Triathlon Decision at Olympics 2024 as Beth Potter and Alex Yee Compete for Gold

Live Coverage of Triathlon Decision at Olympics 2024 as Beth Potter and Alex Yee Compete for Gold

July 31, 2024
rewrite this title Repair from Millions of Kilometers Away: How NASA Keeps the Mars Rovers Alive

rewrite this title Repair from Millions of Kilometers Away: How NASA Keeps the Mars Rovers Alive

September 29, 2025
Use rhino.fi to make payments with cryptocurrency and maintain your anonymity

Use rhino.fi to make payments with cryptocurrency and maintain your anonymity

August 14, 2024
rewrite this title Berkshire Hathaway to buy Occidental’s OxyChem for .7 billion, in Buffett’s biggest deal in three years

rewrite this title Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years

October 2, 2025
rewrite this title Why Tyson Fury should — or shouldn’t — consider these opponents for his return

rewrite this title Why Tyson Fury should — or shouldn’t — consider these opponents for his return

October 16, 2025
rewrite this title Bitcoin risks falling under 0,000 as Trump confirms US-China tradewar

rewrite this title Bitcoin risks falling under $100,000 as Trump confirms US-China tradewar

October 16, 2025
rewrite this title Myriad Moves: Traders Flip Bearish on Bitcoin, Favor Ethereum Over Gold – Decrypt

rewrite this title Myriad Moves: Traders Flip Bearish on Bitcoin, Favor Ethereum Over Gold – Decrypt

October 16, 2025
Joe Rogan Experience #2394 – Palmer Luckey

Joe Rogan Experience #2394 – Palmer Luckey

October 16, 2025
rewrite this title The Crypto World Held Its Breath: 0 Trillion Accidentally Minted

rewrite this title The Crypto World Held Its Breath: $300 Trillion Accidentally Minted

October 16, 2025
rewrite this title Tony Burke Pushes Law to Control Hard-to-Trace Crypto ATMs

rewrite this title Tony Burke Pushes Law to Control Hard-to-Trace Crypto ATMs

October 16, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.