Justin Bieber’s Bored Ape Valuation Drops 99% amid Structural NFT Market Rebalancing
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
Rollups are Layer 2 scaling solutions that bundle multiple transactions together and submit them to a main blockchain as a single batch. This approach reduces fees and increases transaction throughput while maintaining security. Rollups are commonly used in Ethereum’s scaling strategy. There are different types, including optimistic and zero-knowledge rollups. Rollups play a major role in improving blockchain efficiency and usability.
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
Bitcoin fell to its lowest level since April 2025 as a cross-asset sell-off impacted cryptocurrencies, commodities, and equities, signaling heightened risk-off sentiment.
Universal Digital has introduced USDU, the first US dollar stablecoin registered by the UAE central bank, marking a milestone in the country’s regulated digital payments framework.
Ethereum is set to activate ERC-8004 on mainnet, introducing a standardized framework that allows AI agents to operate as economic actors across decentralized networks.
Large transfers of Bitcoin and Ether from BlackRock to Coinbase Prime, combined with ETF outflows and pending US inflation data, are heightening expectations of near-term crypto market volatility.
Ripple’s dollar-backed stablecoin RLUSD will begin trading on Binance with Ethereum support on January 22, while XRP Ledger integration is expected in the near term.
Ethereum network engagement has accelerated sharply, with new user activity nearly doubling and daily transactions reaching record highs.
BitMine Immersion Technologies announces a $200 million equity investment in MrBeast’s Beast Industries, expanding its institutional crypto strategy into media and consumer products.
Tom Lee forecasts a potential new Bitcoin high in January and outlines a volatile but constructive outlook for crypto and equities in 2026.
Grayscale has announced its first cash payout linked to Ethereum staking rewards for a US-listed ETF, marking a step forward in bringing onchain yield into regulated investment products.