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Web3 NFT Market Volatility Coming? Some big news.

Web3 NFT Market Volatility Coming? Some big news.

0.1 BTC per piece' inscription QuantumCats postpones minting due to overwhelming demand
Quantum Cats, an NFT project of the Bitcoin Audience project Taproot Wizards, has postponed its minting scheduled for March 30th at 2:00 PM ET due to high demand. In a statement, Quantum Cats said, "Due to overheated demand for the minting, we were unable to process transactions and 30% of all inscriptions were sold. A total of 3,000 Quantum Cats were issued and sold for 0.1 BTC each.

Doodles to collaborate with Casio Jishak
Doodles, a popular NFT project, announced via X that it will be collaborating with Japanese electronic watch brand CASIO's best-selling G-Shock model. Collaboration merchandise will be available soon.

Art Blocks Acquires Sansa Digital Art Marketplace
NFT marketplace Art Blocks announced on its official blog that it has acquired digital art marketplace Sansa.

CryptoPunk #5363 trades for 655 ETH
According to NFT marketplace OpenSea, the Cryptopunk #5363 NFT traded at a 30-day high of 655 ETH (worth $1.48 million) yesterday.

NFT Price Index Outperforms ETH Gains in January
The Nansen NFT-500 Index, which measures the value of the top 500 NFTs, is up 9.35% year-to-date, outperforming ETH's 2.2% growth, CoinDesk reported. "The market fundamentals have solidified as speculative forces in the NFT space have largely disappeared," said Yat Siu, co-founder of Animoca Brand.