Bored Ape NFTs are finally making a comeback as crypto traders rediscover their appetite for risk
Bored Ape Yacht Club floor prices doubled to over 10 ETH within a month as crypto traders rotate toward speculative assets. ApeCoin rallied alongside renewed momentum in memecoins and NFT-backed lending. Yuga Labs CEO attributes gains to price recovery rather than hype, citing rising holder participation. The broader NFT market shows signs of revival despite historical volatility concerns among Indian investors tracking digital collectibles.
Coins in this story
Explore how Memes is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Australian Police Seize Millions in Bitcoin From Alleged Darknet Marketplace Operator
Australian police seized millions in Bitcoin from an alleged darknet marketplace operator, marking a significant law enforcement action against cryptocurrency-enabled crime. The bust underscores growing regulatory crackdowns on illicit digital asset activity globally. Bitcoin trades near $80,756 amid broader market stability. For Indian investors, this signals strengthening international enforcement that could impact crypto legitimacy and regulatory frameworks domestically.
Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns
Trump Media reported a $405.9 million Q1 net loss, driven by $244 million in unrealized cryptocurrency losses as its bitcoin and CRO holdings declined significantly. The company held 9,542 BTC and 756 million CRO tokens at quarter-end. While bitcoin's recovery since March adds value, the massive loss highlights risks of corporate crypto treasury strategies amid volatile markets.
Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says
Novig, a sports betting platform, plans to transition from a 35-state sweepstakes model to a federal Designated Contract Market framework this summer, enabling operations across all 50 states. The CEO argues sports betting should be regulated as a financial product, not gambling, citing the $2 trillion global market. This regulatory shift could reshape prediction markets and attract sophisticated traders currently banned from traditional sportsbooks.