Last Updated : April 30, 2022 / 09:30 AM IST
Top Cryptocurrency News Today: The biggest moves in NFTs, bitcoin, crypto rules and more
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and NFTs to help you jump-start the day
Cryptocurrency Prices Today on April 30: Bitcoin, Ether decline; Polkadot biggest loser
The global crypto market cap is $1.76 trillion, a 2.43 percent decrease over the last day. The total crypto market volume over the last 24 hours is $92.56 billion, a 3.15 percent decrease. Bitcoin's price is currently $38,686.58. The dominance of the world's biggest cryptocurrency is currently 41.78 percent, an increase of 0.12 percent over the day, according to CoinMarketCap data. Read More Here
How blockchain gaming is booming despite challenges
Based on the technology that powers the ever-popular cryptocurrencies such as Bitcoin and Ethereum, blockchain gaming is taking off really fast. It provides true ownership of in-game assets to players that can be cashed out and converted to fiat money (a government-issued currency not backed by commodities like gold). Gamers can even transfer their assets from one blockchain game to another. These games are based on a play-to-earn model, enabling gamers to monetise the time invested here. Perhaps, this is the primary driving force behind the blockchain gaming industry's sudden boom. Read more here.
Cardano Creator Hoskinson: US Regulators 'Not Prepared' to Handle Crypto
The founder of Cardano Charles Hoskinson spoke via satellite phone from the comfort of his private jet to attendees at the Financial Times Crypto and Digital Assets Summit. During his talk, he singled out the US regulatory system as being ill-equipped to handle the revolutionary nature of cryptocurrencies. The myriad agencies that regulate financial markets in the US "are not prepared" for crypto assets either, he added. Part of the difficulty for these agencies is cryptocurrencies' distinct ability to change how they can be used and, thus, how they can be categorized. Read more here.
Want a Bored Ape NFT? It’ll Now Cost You Nearly $430,000 in Ethereum
Bored Ape Yacht Club NFT prices are surging this week ahead of the expected launch of digital land for Yuga Labs’ upcoming Otherside metaverse game, and now the Ethereum NFTs have reached an all-time record "floor" price. The cheapest-available Bored Ape NFT is listed for 152 ETH on top marketplace OpenSea, which equates to nearly $429,000. That’s the highest entry-level or floor price seen to date, according to data compiled by NFT Price Floor, and that’s true in terms of both ETH and USD.Read more here.