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Bored Ape Yacht Club NFTs Face Sharp Decline Amid Broader Crypto Slump
24.8.2023
Recent data paints an intriguing picture for the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC). Over a six-month span, its floor price tumbled from 76 ether down to a mere 21.99 ether. However, as of now, the BAYC floor is navigating a range of 23.90 ether to 24.65...
Major NFT Collections Post Double-Digit Monthly Losses as Floor Prices Drop
24.8.2023
Losses in the NFT markets have exceed ether’s decline, which is down 9.6% on-month
Weekly NFT Sales Dip by 1.18% Despite Rising Buyers and Transactions
20.8.2023
Based on the most recent week-long data, non-fungible token (NFT) sales experienced a slight decline of 1.18% from the previous week. Despite a recorded $107.05 million in NFT sales, there was a noteworthy rise of 86.71% in the number of buyers. Additionally, NFT transactions increased by...
Best Crypto to Buy Now August 14 – Hedera, Render, ApeCoin
14.8.2023
Major cryptocurrencies are trading with a modestly positive bias on Monday, with the likes of Bitcoin (BTC) up close to 1% in the last 24 hours, and Ether (ETH) slightly in the green, with both still stuck within recent ranges.
Volatility levels remain stuck at historic lows, with Bitcoin just...
NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections
12.8.2023
In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $60.23...
Mysterious Crypto Trader Burns Over $4.6 Million in Ethereum and Premium NFTs
11.8.2023
In the latest wave of onchain mystery, enthusiasts of the crypto world have been abuzz with talks about an enigmatic address that has been annihilating millions of dollars in crypto assets, as well as blue chip non-fungible tokens (NFTs). Specifically, on July 26, 2023, this very wallet sent 2,500...
Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
8.8.2023
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht...
Bitcoin’s Plunge Below $29K Triggers $92 Million in Derivatives Liquidations; Crypto Markets Tremble
1.8.2023
As bitcoin dipped below the $29K threshold and the overall crypto economy experienced a 1.4% decrease to $1.17 trillion, cryptocurrency derivatives markets underwent $92 million in liquidations, primarily in long positions. Cascading Effect: Bitcoin’s Fall Under $29K Sparks $92 Million...
Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo
28.7.2023
The Web3 company has been laser-focused on building out its Otherside metaverse this past year. The latest live demo in Los Angeles hopes to revive interest among its forgotten Bored Ape community
Best Crypto to Buy Now 24 July – Flex Coin, ApeCoin, The Graph
25.7.2023
Bitcoin is currently trading at $29,038 and has dipped by 3.47% so far today, likely due to market anticipation of the Federal Reserve's interest rate announcement on July 26.
The broader cryptocurrency market is also experiencing declines. Ether, the second-largest crypto, is down 2.39%...
Weekly NFT Sales Fall 4.33%, Bitcoin Burials NFT Fetches $1.68 Million
16.7.2023
In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the top five blockchains known for NFT sales have witnessed...
Best Crypto to Buy Now 14 July – Lido DAO, Polygon, ApeCoin
15.7.2023
With an unwavering conviction in the potential of cryptocurrencies, Larry Fink, helmsman of BlackRock, the world's most influential asset management firm, expressed a stronger faith in digital assets as investment tools today. His contention is that cryptocurrencies will "transcend any...
DOJ Charges Moroccan Man With Stealing $450K in OpenSea Spoofing Scam
10.7.2023
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
8.7.2023
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit:...
Is Justin Bieber’s Ape Really Worth $59,000? The Nuances of Valuing NFTs
7.7.2023
Last week, the floor price of popular NFT collection Bored Ape Yacht Club fell to a 20-month low. But determining the value of an individual NFT requires a more nuanced understanding of floor price, rarity traits and cultural significance
BAYC-Centric Apecoin Hits All-Time Low, Suffers 92% Decline From Last Year’s Peak
6.7.2023
In the midst of a considerable drop in the base price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club, the related cryptocurrency, apecoin (APE), has likewise suffered due to the bearish trends in that specific market. While many crypto assets have seen an increase in worth over...
The Broke Ape Yacht Crash: Lessons for Justin Bieber and Other NFT Collectors
5.7.2023
Why has Yuga Labs’ Bored Ape universe collapsed in value?
ApeCoin is Going to Zero After Azuki Drama Sends NFT Prices Crashing But Chimpzee Might Be The Next Crypto to Explode – Here's Why
4.7.2023
ApeCoin (APE), the utility and governance token of the APE ecosystem which was built by Yuga Labs to expand the utility of its Bored Ape Yacht Club (BAYC) non-fungible token collection, has been struggling recently.
APE/USD has been unable in recent weeks to muster a sustained pushback to...
Bored Ape Yacht Club NFT Collection Floor Price Sinks to 20-Month Low
3.7.2023
The floor price of the Yuga Labs NFT collection fell to 27.4 ETH, or about $53,000 on Sunday evening before rebounding slightly
NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises
1.7.2023
In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June. June 2023 Sees a Slip in NFT Sales Data from cryptoslam.io reveals that NFT sales...