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NFT Sales Drop 45% QoQ in Q2

"NFT sales fell 45% in Q2 compared to Q1," CryptoPotato reported, citing NFT data platform Cryptoslam. "NFT sales in Q2 totaled approximately $2.28 billion, the lowest sales volume since Q3 2023, led by the lowest monthly sales volume in June since October 2023. April and May also saw a decline, with $1.2 billion and $616 million respectively. Key metrics such as sales volume, sellers, and buyers in the NFT market declined in Q2, indicating bearish momentum. The short-term bearish trend in Bitcoin is directly responsible for the decline in key metrics such as NFT trading volume."

Binance WBTC plunges to $5200, then recovers

Cointelegraph reports, “A flash crash in the price of WBTC occurred on Binance on Nov. 23 (local time). This caused WBTC to briefly drop from $98,000 to $5,200, but has since recovered. The cause of the error is still unknown.

blockchain crypto cryptocurrency Trump nominates Crypto Proponent Secretary (SpotedCrypto)

Trump nominates 'Crypto Proponent' Howard Lutnick as Commerce Secretary, while US SEC chairman struggles to narrow down candidates to four.

US President-elect Donald Trump has nominated US investment bank Cantor Fitzgerald CEO Howard Lutnick to serve as Secretary of Commerce, according to the Wall Street Journal (WSJ). Lutnick is an avid supporter of Bitcoin and Tether (USDT), with Cantor Fitzgerald reportedly serving as Tether's U.S. Treasury bond

blockchain crypto cryptocurrency IBIT Option hit 1.9B first day od trading (SpotedCrypto)

BlackRock IBIT Options Hit $1.9 Billion in First Day of Trading, Grayscale Begins Trading on November 20th.

Bloomberg ETFs analyst James Seyffart reports via X that “Options volume on BlackRock's bitcoin spot ETF IBIT, which began trading today (Nov. 19), was about $1.9 billion. A total of 35.4 million contracts were active, of which 28.9 million were calls (82%) and 65,000

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