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.
Prediction Markets covers the intersection of blockchain, speculation, and event-based trading. The topic aggregates news, analysis, and explainers on decentralized platforms where users trade contracts tied to elections, economic data, sports, crypto milestones, and other real-world outcomes. Coverage focuses on how prediction markets function within the broader crypto economy - from platform launches and token mechanics to liquidity, regulation, user behavior, and the role these markets play in price discovery and sentiment tracking. It serves as a dedicated hub for readers following one of the most experimental and closely watched segments of digital assets.
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
The Coinbase Premium has dropped to its lowest level since late 2024, signaling weakening institutional demand for Bitcoin amid broader market stress and ETF outflows.
Nevada regulators have moved to block Coinbase’s prediction market offerings, arguing the exchange is facilitating unlicensed sports wagering through event-based contracts.
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.
Animoca Brands Japan has partnered with RootstockLabs to introduce Bitcoin-native DeFi tools to Japanese corporations, focusing on regulated treasury management use cases.
Changpeng Zhao-backed YZi Labs invests in BitGo as the crypto custodian debuts on the NYSE, supporting regulated infrastructure for institutional digital assets.
PwC predicts 2026 will mark a turning point for crypto regulation, as jurisdictions worldwide move from draft frameworks to enforceable laws, reshaping stablecoins, compliance, and institutional…
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.
A database migration error on Paradex’s perps exchange caused Bitcoin to show $0, prompting a liquidation cascade and requiring a chain rollback to restore normal operations.
Decentralized finance leaders are urging lawmakers to revise the Digital Asset Market Clarity Act as uncertainty grows around its path through the US Senate.