The cost of a Bored Ape Yacht Club (BAYC) non-fungible token on the floor, which is the lowest price available, has dropped by more than 90% from its highest point and now stands at only 11.1 Ether (ETH). This is the cheapest it’s been since August of 2021. The floor price for BAYC NFTs on … Read more
Over the last two days, only BlackRock’s Bitcoin ETF based in the US, which deals directly with bitcoin, has attracted investments. No other Bitcoin ETFs in the US have reported any inflows or even saw decreases. On April 15, the iShares Bitcoin Trust (IBIT) reported net investments of $73.4 million, a decrease from the $111.1 … Read more
Elon Musk, a wealthy tech businessman and founder of X, the microblogging site, aims to solve its persistent spam issue by introducing fees for new users to tweet. However, some remain skeptical that this move will effectively stop the influx of crypto-scam bot activity. Elon Musk, proprietor of X, expressed regretfully on April 15 that … Read more
A man in the United States is accused by prosecutors of defrauding two cloud computing companies and faces charges for wire fraud and money laundering. If found guilty, he could spend up to 50 years behind bars for operating an illegal “cryptojacking” scheme on a large scale. On April 15, the U.S. Attorney’s Office in … Read more
According to Eric Balchunas, a senior ETF analyst at Bloomberg, the recent approval of three Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong might not be as significant as some people assume. Three Chinese offshore asset managers, namely Harvest Fund Management, Bosera Asset Management, and China Asset Management, received conditional green lights from the … Read more
ADA’s price might retrace if holders keep their tokens from circulating. Technical analysis identified a key support at $0.45 that might prevent a plunge. According to an analysis by AMBCrypto, long-term investors holding Cardano‘s [ADA] tokens have generally kept them stashed away, as indicated by a high Mean Dollar Invested Age. Based on data from … Read more