Project Galaxy launched its GAL token on Thursday. (Jeremy Thomas/Unsplash)
‘Smart Money’ Wallets Accumulate GAL, Decrease APE Holdings: Nansen Data
PXN: Ghost Division disrupts Yuga Labs’ NFT dominance.
Project Galaxy launched its GAL token on Thursday. (Jeremy Thomas/Unsplash)

Markets Daily Podcast Cover
Crypto News Roundup for May 5, 2022
With the dollar's recovery keeping bitcoin under $40,000, a deeper dive into Wednesday’s Fed policy announcement and a look at what a bunch of apes can tell us about the NFT m...
Markets Daily Podcast Cover

APE Surges Then Sinks After Elon Musk's Bored Ape Profile Picture Tease
APE Surges Then Sinks After Elon Musk’s Bored Ape Profile Picture Tease
Elon Musk, “ringmaster of the attention economy” as described by CoinDesk’s Zack Seward, recently took a jab at PFPs and the Bored Ape Yacht Club through a profile picture tea...
APE Surges Then Sinks After Elon Musk's Bored Ape Profile Picture Tease

(James Rubin/CoinDesk)
Bored & Hungry in Crypto: Why This Burger Joint Wants to Use ApeCoin
The owner of the first Bored Ape-themed restaurant explains himself.
(James Rubin/CoinDesk)

Elon Musk (Pool/Getty))
APE Surges, Sinks as Elon Musk Teases With Bored Ape Collage as Profile Picture
The collage was made by auction house Sotheby's for its auction last year of 101 Bored Apes.
Elon Musk (Pool/Getty))

(Kelly Sikkema/Unsplash)
‘Smart Money’ Wallets Are Unloading APE, Filling Up on aSTETH, Nansen Data Suggests
“Otherdeed for Otherside” NFTs have seen the most activity in the last 24 hours, according to the on-chain analytics firm.
(Kelly Sikkema/Unsplash)

CoinDesk placeholder image
Otherside and the Future of NFT Consolidation
In the wake of its chaotic metaverse land sale, Yuga Labs says it has outgrown Ethereum. Quelle surprise.
CoinDesk placeholder image

(Bored Ape Yacht Club, modified by CoinDesk)
ApeCoin Drops, Ether Trades Flat Despite Record $200M Gas Burn
Over 71,000 ether were burned on Sunday amid demand for a new NFT project. But that did little to affect ether prices as the broader market traded flat.
(Bored Ape Yacht Club, modified by CoinDesk)

(Yuga Labs)
BAYC Team Raises $285M With Otherside NFTs, Clogs Ethereum
The virtual land rush for the ape-centered metaverse project has already cost traders more than $176 million in fees alone.
(Yuga Labs)