#Once-hot NFT collections tank alongside cryptocurrencies

#Once-hot NFT collections tank alongside cryptocurrencies

“Once-hot NFT collections tank alongside cryptocurrencies” Once-hot NFT collections, including the celebrity-backed Bored Ape Yacht Club and CryptoPunk series, have tanked alongside cryptocurrencies and the stock market, leaving many digital collectible investors deep in the hole.  The Bored Ape Yacht Club series — which has been endorsed by celebrities including Tom Brady, Madonna, Jimmy Fallon…

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# More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever

# More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever

” More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever “ Canada’s Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly waning buying sentiment among the crypto’s most-experienced investors. Purpose Bitcoin ETF has 51% of AUM slashed The fund’s…

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# Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin

# Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin

” Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin “ United States Senator Bill Hagerty has sent a letter, cosigned by four other Republican senators, to Securities and Exchange (SEC) Commission chair Gary Gensler urging the withdrawal of a staff accounting bulletin, referred to as SAB 121, issued by the…

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# Crypto’s uses and misuses: Binance-Reuters quarrel raises questions

# Crypto’s uses and misuses: Binance-Reuters quarrel raises questions

” Crypto’s uses and misuses: Binance-Reuters quarrel raises questions “ Crypto exchange Binance has courted controversy almost from its 2017 beginnings, and five years later, the dustups continue. On June 6, the United States Securities and Exchange Commission was reported to be investigating whether Binance Holdings broke U.S. securities rules in launching its digital tokens….

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