Cryptocurrency Market Struggles, Google’s NFT Move and Its Impact

The cryptocurrency sector continues to hemorrhage, and the leading cryptocurrency, Bitcoin (BTC), is trying to hold above $30,000. Meanwhile, certain Non-Fungible Token (NFT) collections are seeing their values rise as though no bear market exists. Particularly, a Google announcement regarding one NFT collection changed everything and its investors are currently enjoying this rise. Google Takes Steps towards NFT Google recently made a significant change in its policy and cleared the way for blockchain-based digital content. The tech giant declared that Google Play would now prioritize NFTs, stating these could be utilized within games and apps. This move by Google managed to garner significant support and praise from major projects such as Axie Infinity. This announcement was met with joy across the industry, while one NFT collection was definitely affected more than the others. The NFT collection named League of Kingdoms Drago saw an incredible base price increase of 689% on […] The post Cryptocurrency Market Struggles, Google’s NFT Move and Its Impact appeared first on COINTURK NEWS.