Hong Kong-based crypto investor and blockchain game-maker Animoca Brands has received $75 million in a fundraising round, valuing it at $5.9 billion.
What Happened: Animoca Brands’ latest funding round secured a valuation of $5.9 billion. Numerous investors, ranging from 10T Holdings to Kingsway Capital, took part in the fundraising round.
Long-term holders and miners are under remarkable pressure to surrender amid bearish cryptocurrency market sentiments and activity levels of small and large entities suggest the market has not yet formed a confident bottom and still has work to do, according to blockchain analysis firm Glassnode.
Over the past 24 hours, Cosmos Hub's (CRYPTO: ATOM) price has fallen 10.41% to $8.12. This continues its negative trend over the past week where it has experienced a 7.0% loss, moving from $8.83 to its current price.
Over the past 24 hours, Wrapped Bitcoin's (CRYPTO: WBTC) price has fallen 3.67% to $19,860.38. This is opposite to its positive trend over the past week where it has experienced a 1.0% gain, moving from $19,733.30 to its current price.
What happened: Virtual land tokenized as an NFT just sold for $5,718, which is 2.12x the current floor price of 2.26 Ethereum (CRYPTO: ETH) ($5,718 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52 square feet.
The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence.
Dogecoin's (CRYPTO: DOGE) price has decreased 4.23% over the past 24 hours to $0.06, continuing its downward trend over the past week of -7.0%, moving from $0.07 to its current price.