ApeCoin

$APE

The Bureau of Labor Statistics' (BLS) November employment report points to a hotter-than-expected labor market, inciting fears of higher rates for longer in markets. Non-farm payroll employment increased by 263k (vs 200k consensus), while the unemployment rate remained at 3.7%. Traditional markets reacted negatively to the news, with $SPX (-0.5%) and $QQQ (-1.0%) opening lower before rebounding 4,055 and 291, respectively. Crypto markets were equally affected, with $BTC (-0.3%) and...

FIGURE: PEPE FARMING AIRDROPS TO SAVE HIS REKT PORTFOLIO _It's a Bird... It's a Plane... It's Superman an Airdrop!_ Everyone in crypto has heard of airdrops. Anyone who’s anyone, however, has actually received them. Upon receipt of a highly anticipated airdrop, the pang of dopamine from the financial implications and being rewarded for participating in the digital economy does urge one to wonder: _“Rekt pepe, what exactly are airdrops? Are...

In another busy week of capital raising, the switch flipped from NFTs to Metaverse and Gaming projects, though most of the funding came from Yuga Lab’s public virtual land sale. Metaverse/Gaming projects raised $403 million, over two thirds of the total pot this week. The rest of the funds were pretty evenly spread between Infrastructure ($62 million), NFTs ($61 million), CeFi ($34 million), Web3 ($27 million), and lastly, in a...