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NFT
Sen. Tuberville Calls on DOJ, SEC to Investigate Prometheum; Could Bitcoin Reach $120K by 2024?
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including why one bank predicts bitcoin (BTC) could rise to $120,000 by the end of 2024. Sen. Thomas Tuberville is asking the SEC and DOJ to look into crypto broker Prometheum. Lawyers for Grayscale are criticizing regulators for approving a leveraged bitcoin-based exchange traded fund. And, a closer look at Starbucks' latest NFT collaboration.

DOJ Charges Moroccan Man With Stealing $450K in OpenSea Spoofing Scam
Officials allege the man set up a lookalike website based on the popular NFT marketplace to steal victims' digital art collectibles.

Starbucks Teams Up With Micah Johnson's Aku NFT Project
The next Starbucks Odyssey Journey will feature a Stamp "designed by Aku" and include a $100,000 donation to Blessings in a Backpack, a non-profit tackling food insecurity among children.

Singapore, Thailand Clarify Crypto Rules; NFTs Become New Cultural Frontier
Host Angie Lau takes a deep dive into the crypto regulatory framework in Singapore and Thailand as the countries establish ground rules for the industry. Plus, the latest developments in the non-fungible token (NFT) markets. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Is Justin Bieber’s Ape Really Worth $59,000? The Nuances of Valuing NFTs
While the floor price of Bored Ape Yacht Club is down, determining the value of an individual NFT in the collection requires a more nuanced understanding of floor price, rarity traits and cultural significance.

NFT Creator Royalty Payments Sunk to Two-Year Low in June: Nansen
A new report from data analytics platform Nansen shows that royalty payments sunk to a two-year low in the month of June. This comes after NFT royalty payments reached their peak in April 2022, contributing to a collective 28,000 ETH in one week of creator earnings. CoinDesk's Jennifer Sanasie explains the sharp decline in "The Chart of The Day."

Tom Brady's NFT Startup Autograph Shifts Strategy Amid Struggles: NYT
Autograph is now shifting to a broader focus on helping celebs foster loyalty with their fans and has removed some crypto language from its marketing.

NFT Creator Royalty Payments Hit Two-Year Low: Nansen
The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space.

The Broke Ape Yacht Crash: Lessons for Justin Bieber and Other NFT Collectors
Why has Yuga Labs’ Bored Ape universe collapsed in value?

Bored Ape Yacht Club NFT Floor Price Hits 20-Month Low
The floor price of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection sunk below 30 ETH (about $58,700) on Sunday, reflecting a new low not observed since October 2021. "The Hash" panel discusses the state of the NFT market amid a prolonged crypto winter.
