Slower Doesn't Mean Lower
On-chain data shows that more than $100 million in tokens exited exchanges this week, most of it in the past 24 hours, while stablecoin reserves dropped 9.5% over the course of the week.
Bored Apes purchased by celebrities during the peak of NFTs suffered huge losses, but big names such as Sony and Adidas continued to enter the industry.
Zane Tackett proposes an alternative to the 'baby boomer process' when it comes to FTX bankruptcy.
Binance CEO Changpeng Zhao (CZ) said that if people "use cash that they don't need for a long time," they should invest in cryptocurrencies as the market sees high volatility under the influence of FTX.
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