During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT projects. After weeks of a continuous rise in value, the current floor price for a single Bored Ape NFT is 130 ether or $382K. Following the floor price rise, the decentralized derivatives exchange…
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During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), has climbed more than 50% against the U.S. dollar. A few days ago, apecoin tapped an all-time high at $17.30 per unit and the crypto asset is now the 32nd largest in terms…
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Owners of the popular Bored Ape and Mutant APE nonfungible tokens (NFT) could receive virtual lands on the Yuga Labs’ upcoming “Otherside” metaverse. ApeCoin (APE) price has exploded higher on anticipations that it would become a de-facto payment token in an upcoming metaverse land sale. APE price swelled nearly 28% in one day to reach…
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Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s ‘single most annoying problem,’ a…
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The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar creation platform featuring the Adidas Originals’ Ozworld shoe collection. Adidas Collaborates With…
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Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales volume. While people still question the…
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Inflation risks grapple the newly-launched ApeCoin as it paints a classic bearish reversal pattern. A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin’s 70% drop in valuation in the past two weeks — and it may fall further in April. At the core of this…
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On March 28, the non-fungible token (NFT) marketplace Blur announced the company has raised $11 million in a seed round led by Paradigm. The NFT marketplace Blur says the startup is focused on building an institutional-grade NFT market that’s made “for pro traders.”
Blur Raises $11 Million to Craft the Startup’s Institutional-Grade Products
The…
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Crypto companies continue to ramp-up marketing efforts with sports stars, with Beckham the latest to partner with blockchain provider, DigitalBits. Iconic former English Premier League footballer, David Beckham, has become a global brand ambassador for the DigitalBits blockchain, launching his own range of NFTs in the process. Beckham will release a series of NFTs and…
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APE has closed above a key interim support level, raising its possibilities to extend its rebound move. ApeCoin (APE) continued its rebound move Thursday as the firm behind it raised hundreds of millions of dollars in a funding round led by Andreessen Horowitz. APE’s price surged 7.5% intraday to reach around $14.50 per piece. Notably,…
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