Bitcoin is at a turning point after experiencing a painful 15% drop from its recent highs. Traders and analysts now are speculating about the exact reasons behind the decline, but many agree that demand for Bitcoin is weakening.
US Bitcoin ETFs experience 7-day losing streak
Bitcoin ETFs faced a tough week, we saw net outflows for seven consecutive trading days. The funds lost more than $1 billion.
Binance DEX volumes drop 24% in a week
The BNB token faced harder challenges in the past weeks, with its price dropping big time, but some investors believe that the release of Changpeng CZ Zhao from jail could boost the price.
Mysten Labs launches ’Game Boy for web3’
The creator of the Sui blockchain teamed up with gaming startup Playtron to introduce the SuiPlay0X1, which is being promoted as the first handheld Web3 gaming device, to compete with popular gaming consoles like those from Nintendo and Steam.
SEC may block FTX’s repayment plan
The U.S. SEC could challenge the FTX bankruptcy plan, complicating the repayment process for creditors. Perhaps this is for their safety.
Bored Ape NFT prices, the true indicator of the NFT-market’s health?
As some experts warn, if you bought Bored Ape NFTs at their peak, you’ve likely lost a bigger portion of your investment.
China wants to create new rules for seized crypto
A law professor from the East China University of Political Science and Law has called for China to establish clear procedures for recovering illegal digital assets, as cryptocurrency-related crimes are on the rise.
Worldcoin goes for global reach like Facebook
Alex Blania, CEO of Tools for Humanity shared that Worldcoin is focused on distributing iris-scanning Orbs to expand its project and increase its usefulness.
