The SEC has concluded its investigation into Yuga Labs, bringing an end to the probe into whether the company's Bored Ape Yacht Club (BAYC) NFTs and ApeCoin violated federal securities laws.

The SEC's decision may influence future regulatory approaches to NFTs and digital assets, impacting innovation and market dynamics. The post SEC drops Yuga Labs investigation into BAYC NFTs and ApeCoin appeared first on Crypto Briefing.

Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.

Illuvium CEO Keiran Warwick said it was a “somber moment” as the blockchain gaming firm made the decision to cut its workforce by 40%.

Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.

Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.

Ethereum-based gaming franchise Illuvium has announced a collaboration with Virtuals Protocol to integrate AI agents into its non-playable characters (NPCs).

Illuvium partners with Virtuals to integrate AI-driven NPCs, enhancing player experiences with dynamic interactions and emergent storytelling across its blockchain-based gaming ecosystem.

Blockchain gaming platform Illuvium entered into an agreement with Viruals Protocol on January 7 to enhance its gaming experience using AI agents.

Illuvium says the partnership with AI agent protocol Virtuals will allow its in-game NPCs to adapt quests, dialogue and challenges based on the player's actions.

Illuvium has announced a strategic partnership with Virtuals.io to integrate cutting-edge AI technology into its upcoming MMORPG, Illuvium MMO Lite.

Key Points of the News: Illuvium has formed a partnership with Virtuals Protocol to integrate artificial intelligence (AI) into its Web3 games. The collaboration will enable the creation of autonomous NPCs powered by the G.A.M.E Framework, improving interactivity and personalization of the gaming experience.

This collaboration places Illuvium at the cutting edge of gaming technology. This combines immersive gameplay with AI-driven innovation.

Ape Terminal, the platform to have emerged as Web3's most liquid primary market - connected to over $1.7 billion worth of assets and 500,000+ active accounts, growing at over 4,000 active users per day, is all set to host its next big launch, EARN'M.

The next few days and weeks could be key for APE's price action.

In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.

Get ready for the Wise Monkey (MONKY) airdrop! If you hold FLOKI, TOKEN, or APE tokens, you could receive free MONKY tokens.

ApeCoin has broken out of its descending triangle pattern with an RSI of 65.94 and trades at $1.86, showing bullish technical signals despite mixed on-chain metrics and declining address activity.

On-chain data reflects mixed signals as traders cautiously navigate APE's evolving market dynamics.

Pudgy Penguins surpassed the phenomenal Bored Ape Yacht on Ethereum price for the first time. This surged amid the NFT's native token, which would be released in the short term.

XRP's price action over the next few days and weeks will be pretty key.

Bitcoin (BTC) has achieved its biggest milestone yet, surpassing the storied $100,000 mark, as bullish sentiment increased substantially over the past 24 hours. The cryptocurrency beat analyst predictions of an insurmountable sell wall at $100,000 to smash past the level and move to its current $102,964.

APE's breakout to $1.86 signals bullish momentum, with key resistance at $2.30 ahead.

Yuga Labs acquires Tokenproof's tech team, reshaping the NFT landscape and boosting ApeCoin (APE) performance. Will APE surpass its $2.16 ATH?

ApeCoin price rose for eight consecutive days, reaching a high of $2.166, its highest level since March 2024.

The MONKY airdrop has created a buzz among FLOKI and APE communities, presenting an opportunity to increase visibility for these tokens.

Binance has unveiled its support for the Wise Monkey (MONKY) airdrop, bringing rewards to FLOKI and ApeCoin (APE) holders. Eligible users will receive MONKY tokens directly in their wallets, calculated based on token holdings.

Binance has revealed plans to support the upcoming Wise Monkey airdrop, which looks to reward holders of ApeCoin and Floki.

Binance has announced its support for the highly anticipated Wise Monkey (MONKY) airdrop, which aims to reward FLOKI and ApeCoin (APE) holders with MONKY tokens. This airdrop reflects Binance's commitment to rewarding loyal communities while supporting new projects in the crypto space.

Top cryptocurrencies to watch this week include XRP, APE and ALGO; Bitcoin, meanwhile, rebounds to $97,000.

Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.

Binance has rolled out trading bots for SHIB and APE, alongside zero-fee promos, creating a buzz in the altcoin market. Price surges in SHIB, APE, and EIGEN suggest a rally could be on the way.

Binance has expanded its trading offerings by adding new pairs and trading bots services for trending crypto. Binance Spot will launch pairs for crypto including Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other key tokens.

Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

HBAR, OM, and APE are grabbing the spotlight as Binance unveils expanded trading pairs and Spot Algo services. Launching November 22, the announcement has market watchers eyeing a rally despite recent turbulence in token prices.

Surge in Whale Activity: Several altcoins, including ApeCoin (APE), SushiSwap (SUSHI), and Treasure DAO (MAGIC), have experienced a significant rise in whale transactions. According to Santiment, these cryptocurrencies have seen a marked increase in large trades, indicating potential price shifts that may go against their recent patterns.

Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.

ApeCoin (APE) faces strong downward pressure, with several indicators signaling potential further declines. The 7-day MVRV suggests recent buyers are mostly at a loss, which hints at undervaluation but leaves room for additional downside.

In a recent court decision, Aurelien Michel, creator of the “Mutant Ape Planet” NFT collection accused of defrauding investors, has avoided prison but will forfeit over $1 million as part of his sentence.

In an interesting development, the creator of the fraud NFT collection “Mutant Ape Planet” Aurelien Michel is set to avoid a prison sentence following a recent court ruling. However, the defendant has been ordered to forgo over $1 million as punishment for conducting a rug pull.

Michel sentenced for defrauding investors through Mutant Ape Planet NFTs. Court ordered $1.4 million forfeiture and a $15,000 fine.

Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence.

ApeCoin is holding steady at the crucial $1 support level, fueling speculation on whether the bulls are ready for a comeback as it maintains its position above this key mark. Recent bearish pressure has driven the token to a point where a recovery might be on the horizon, yet the critical question is: can buyers defend this level and push prices higher?

Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.

Here is how some of your favorite assets concluded the week.

Altcoins outperformed this week as BTC traded in a tight range.

ApeCoin (APE) price has surged 63.86% in the last seven days, but major holders remain skeptical. The number of wallets holding between 1 million and 10 million APE has dropped consistently since October 19.

Apecoin has experienced a strong upswing over the past month. However, dormant wallets are on the move and prices have tumbled.