Bitcoin drops to 10-month low, Doodles NFT names CEO

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“Media and entertainment brand” Doodles NFT has appointed a high-profile personality as CEO and partner.

Julian Holguin, former chairman of the board of Billboard, has joined the company behind a collection of 10,000 NFTs founded by digital artist Burnt Toast and Web3 pioneers Evan Keast and Jordan Castro.

It was launched in October 2021 and counts Justin Bieber and Snoop Dog among its collectors.

Holguin’s goal is to intensify the growth and expansion of the mainstream music, culture and entertainment market, including gaming.

He oversaw Billboard’s transformation from a B2B trade publication to a consumer-oriented music brand.

“I could not be more excited to join Evan, Jordan and Scott on this journey. What they were able to achieve and how they renewed themselves in such a short time is truly remarkable,” he said.

“Doodles has already shown that a blockchain-based media company can and will fundamentally change the way we interact with and value content. I look forward to helping make Doodles one of the world’s next big brands and pushing blockchain and NFTs into the regular market.

Doodles says it secures some of the most acclaimed artists in the world and expects to come aboard millions of new crypto users.

YouTube Web3 Channels removed

Three educational Web3 channels have been shut down by YouTube, allegedly without prior notice.

Ethereum-focused Bankless, which had 150,000 subscribers to its newsletter and podcast channel, had over 10,000 hours of content.

Among those featured on the channel was Ethereum’s co-founder Vitalik Buterin.

Gabriel Haines.eth and Optimism Collective were also shut down.

Cryptocurrency Shorts

An apartment in Braga, Portugal was sold for three bitcoins. This is the first transaction under new rules in the country. The deal for the two-bedroom property was worth $ 110,000 at the time, but after Bitcoin’s rapid decline in value, it is now worth just over $ 100,000.

NFT investments made by collectors in 2022 are now at $ 37 billion, almost the level of the 2021 total.

Crypto Price – Bitcoin drops to 10-month low

The total market value of over 19,300 coins is $ 1.54 trillion, up from 1.68 tr Friday morning.

Bitcoin market leader – tan original cryptocurrency created by the mysterious Satoshi Nakamoto – lost $ 3,000 over the weekend to $ 33,500 at time of writing (7.00 UK). BTC is a decrease of 14% in one week.

Ethereum, the second most valuable cryptocurrency – created as a messagedecentralized network for smart contracts on blockchain – loss $ 300 to about $ 2,450. ETH drops 15% in one week.

Binance Coin is one cryptocurrency created by the popular crypto exchange Binance to help it become the infrastructure service provider for the entire blockchain ecosystem. Its BNB token lost $ 33 to $ 346, leaving it down 12% over seven days.

Ripples XRP token, and payment settlement assets exchange and remittance system, acts as a bridge for transfers between other currencies. XRP fell more than 4 cents to 56.5c, leaving it down 9% over seven days.

Solana is a blockchain designed to make decentralized financing available on a large scale – and capable of processing 50,000 transactions per second. His SOL token sold for $ 10 p.m. $ 74 and is down 18% from a week ago.

Cardano is an open source network that facilitates dApps that see themselves as an updated version of Ethereum. Its ADA token, designed to allow owners to participate in the operation of the network, dropped from 9c to 70vs. It has fallen 11% in one week, but overtakes Terra in the market value valuation chart.

Terra, described as a programmable currency for the Internet, dropped $ 20 to less than $ 62. Its LUNA payment token is 26% lower than the price a week ago.

The Meme DOGE coin was created as a satire on the hype surrounding cryptocurrencies, but is now a major player in space. DOGE fell from less than 1c to 12c, leaving it down at 9% in one week.

Avalanche, a lightning-fast verifiable platform for institutions, companies and governments, came out of nowhere months ago to break into the top 10 currencies. His The AVAX token dropped from $ 9 to under $ 51, down 16% in one week.

Polkadot was founded by the Swiss-based Web3 Foundation as an open source project to develop a decentralized web. Its DOT token, which aims to connect blockchains securely, dropped nearly $ 2 to $ 12.87 and is 17% lower than the price a week ago.

To see how the valuation of major currencies has changed recently – and to get an overview of the latest developments in cryptocurrency news – click here.

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