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.
The Story of the Day highlights the most important, influential, or market-moving development in the crypto ecosystem. This section focuses on a single major headline each day, delivering clear context, sharp insights, and a concise breakdown of why the story matters for traders, investors, and the broader industry. It brings forward the news item with the biggest impact, offering readers a quick and reliable pulse check on the day’s key event.
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
Tether reported record USDT user growth and higher reserves in the fourth quarter of 2025, even as crypto markets suffered a sharp liquidation-driven downturn.
Bhutan transferred another $22 million in Bitcoin to a market maker as declining prices and rising mining costs pressure its state-backed crypto strategy.
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
GameStop moved its entire Bitcoin position to an institutional exchange as CEO Ryan Cohen signaled that acquisitions now outweigh crypto on the company’s balance sheet.
Cboe Global Markets is exploring the return of all-or-nothing binary options as a regulated alternative to fast-growing prediction markets dominated by Kalshi and Polymarket.
Sheikh Tahnoon’s investment in World Liberty Financial ties the USD1 stablecoin to a $2 billion Binance deal, raising scrutiny amid US AI export policy shifts.
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.
Bitcoin fell out of the top ten global assets by market capitalization following a price decline, placing it below Saudi Aramco and several large technology firms.
A sharp rebound in oil prices is introducing new inflation risks, potentially complicating expectations for near-term rate cuts and adding headwinds for Bitcoin.
Worldcoin advanced sharply after reports that OpenAI is exploring a biometric-based social network aimed at limiting automated accounts, renewing investor interest in the token’s ecosystem.
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.