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Bitcoin’s New All-Time High Is ‘Not Speculative Excess,’ Glassnode Says


The cryptocurrency first rallied to a fresh all-time high of $125.5K early Sunday morning and set a new $125.8K record on Monday afternoon. Is Bitcoin’s Rally Sustainable? Onchain Data Suggests It Is Coinmarketcap data shows that bitcoin ( BTC) quietly climbed past its previous high of $124,457.12...

Court Rules BAYC NFTs Are Not Securities


A U.S. federal judge in the Central District of California dismissed a 2022 class-action suit, finding that Yuga Labs’ Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) do not meet the Howey test for securities. The ruling concluded plaintiffs failed to show a common enterprise or a reasonable...

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