Drop in BAYC NFT Prices Pushes ApeCoin to All-Time Low
The drop in the floor price of the BAYC NFTs has a spillover effect into ApeCoin (APE), which is an important part of Yuga Labs’ virtual world called Otherside.
Stay ahead of the crypto curve with in‑depth coverage of the digital‑asset ecosystem. Here you’ll find the latest on new coin launches, regulatory shifts, wallet innovations and market movements across major chains. Whether you’re a seasoned trader or just exploring the space, our timely updates offer clarity on the crypto universe’s fast‑evolving landscape.
The drop in the floor price of the BAYC NFTs has a spillover effect into ApeCoin (APE), which is an important part of Yuga Labs’ virtual world called Otherside.
Brazil is one of several countries around the world in various phases of CBDC implementation and adoption.
According to Grayscale, the only way to eliminate SEC’s unequal treatment of BTC ETPs is “to allow proposed spot bitcoin ETPs like Grayscale’s to begin trading”.
The move has raised concerns within the crypto community on Twitter even as many continue to read various meanings to the decision.
The Bank of England’s governor reiterated that fiat currencies will not be replaced by crypto like Bitcoin since they are extremely speculative assets.
The security weakness in the Arkham protocol raises a lot of questions in the entire network.
Although Bitcoin is holding strong in the $30K region, predictions are bullish, with one putting the coin at $50k this year.
The Arkham project is focused on deanonymizing blockchain technology through a decentralized token financial system to enable a safe adoption of the crypto market among other reasons.
While Coinbase executives have engaged in pre-planned and periodic stock sales, other major COIN holders have chosen a different approach.
Banking giant Standard Chartered expects the Bitcoin bull run to continue further with the BTC price to rally to $50,000 by the end of the year.
According to the survey, progress in the global development of CBDCs has continued since last year, with a particular emphasis on emerging economies where CBDCs are viewed as a means of providing financial access to unbanked individuals.
According to the analyst, Bitcoin has a better chance of being valuable and stable as it has a fixed and constant supply compared to other forms of money.
Stablecoin issuers Circle and Tether have initiated action and blacklisted more than $67 million of stolen funds in USDC and USDT, which is around 50% of the stolen amount from the cross-chain protocol.
According to the report, 30% of those 190,000 crypto workers reside in the US. Anders Helseth, vice president at K33 Research, believes that this trend will remain the same, with the US being “a center of gravity for the crypto industry”.
Flare Network will work with Ankr to provide high-performance RPC infrastructure for developers.