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CryptoPunks Lead NFT Market in Recovery
By Philip Maina 3 weeks agoSat Nov 16 2024 13:16:59 Reading Time: 2 minutes CryptoPunks are leading other NFTs in a recovery attempt CryptoPunks’ floor price has registered the highest uptick in the last 7 days The NFT collection has also recorded a surge in trading volume Leading Ethereum NFT collection CryptoPunks has recorded the highest uptick in its floor price in the last week compared to other popular collections. CryptoPunks’ floor price increased by more than 50% to $113,840 with its closest second, the Bored Ape collection, registering a rise of slightly above 15%. The collection’s trading volume has...

Chance for Australian Crypto Businesses to Shape ASIC Guidance on Digital Asset Compliance
ASIC released a consultation paper today seeking feedback on proposed changes to its Crypto Assets information sheet, which provides important guidance to crypto businesses. The existing information sheet was published in 2017 and is now largely outdated following several years of rapid progress in the crypto industry. ASIC commissioner, Alan Kirkland, said the update is intended to improve regulatory clarity, but also said perfect certainty isn’t possible. Financial regulator, the Australian Securities and Investments Commission (ASIC), has today released a consultation paper outlining proposed updates to its cryptocurrency information sheet. The cryptocurrency information sheet, known as Crypto Assets (INO255), is...

Bitcoin Retreats as Elon Musk Touts Crypto Solution to US Debt Crisis
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