Bored Ape Yacht Club (BAYC) NFTs saw demand skyrocket in the last 24 hours. The collection’s 24-hour trading volumes surged by 176%. The rise can largely be attributed to increased whale buying, as the floor price of the Bored Ape Yacht Club collection dropped below key levels.
The latest version of a proposed crypto bill in Russia shows that the country is gearing up to legalize crypto soon. But certain aspects of the bill, particularly its approach to using crypto as legal tender, raised some questions.
Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin that is based on the same blockchain network.
A research report published earlier this week states that in Q1 2022 the top five most crypto-friendly countries in the world were Germany, Singapore, United States, Australia, and Switzerland.
Questions have been raised as to whether the NFT market is managing to thrive throughout the crypto market slump. As a result, most cryptos utilising NFTs, such as Decentraland (MANA) and The Sandbox (SAND), have plummeted.
Have you ever thought of a domain that can be 100% decentralized and offers lifetime ownership to the users? Well, it was not possible until the prevalence of Web 2.0, but as the technology progressed, the world slowly started to enter Web 3.0. Now, NFT domains or Non-Fungible Token domains are trending, and it offers a series of advantages over the conventional ones.
Low market cap Metaverse crypto games remain among the most popular options for new traders looking to bet on underrated projects that could see significant price gains during the next crypto bull run.