Market News Today — AI-Curated Stock & Crypto Headlines

The NFT market cap has declined to pre-hype levels in 2021, reaching $1.5B, due to a surge in minting despite a sharp decline in sales.

Rodeo, an NFT marketplace, has announced its closure, following Nifty Gateway's shutdown earlier this week, indicating a decline in the NFT market.

Nifty Gateway, a prominent NFT marketplace, will shut down operations on February 23, 2026, marking another casualty of the NFT sector's prolonged downturn.

NFT Paris cancels conferences due to the significant decline in the NFT market capitalization, which dropped from $9 billion in January 2025 to $2.7 billion in 2026, indicating a major downturn in the market.

The NFT market is experiencing a significant downturn, with its market capitalization decreasing by 46% in the past month.

The NFT market has hit its 2025 lows, with shrinking participation and a decline in speculative interest, indicating a lack of enthusiasm for NFT collections.

Bored Ape NFTs (BAYC) have seen their floor prices double in a month, indicating a resurgence in speculative crypto bets and potentially signaling a broader NFT market recovery.

Gondi, an NFT lending protocol, has secured its platform after a $230K exploit, with the issue limited to a single smart contract and users safe to continue using the platform for NFT transactions.

Magic Eden is shifting its focus from NFTs to its casino platform Dicey, indicating a potential decline in NFT market interest and a shift towards the gaming sector.

Logan Paul has sold a rare Pokémon card for $16.5 million, resolving a dispute from 2022 when he fractionalized ownership on Liquid Marketplace, which later went offline.

Nifty Gateway, a prominent NFT trading platform, has shut down despite reaching $300 million in sales, shifting its focus to onchain creative projects before deciding to close.

NFT market is still driven by wealthy crypto collectors, according to Animoca Brands' Yat Siu, who notes a community of owners who bought for long-term ownership rather than resale.