Gucci will begin accepting crypto payments at five stores as part of a wider commitment but the success of its initiatives is uncertain; bitcoin plummets. Source
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PXN: Ghost Division disrupts Yuga Labsโ NFT dominance. Source
Bitcoin ETPs have become more popular than ever since the SEC approved multiple bitcoin ETPs in the fourth quarter of 2021. They had subsequently had a good run with hundreds of millions of dollars flowing into these ETPs. They provided a way for institutional investors and others who didnโt want any direct exposure to the digital asset to trade on it. However, it seems the wind is starting to change as outflows become the order of the day. Outflows Rock Bitcoin ETPs The market is still reeling from entering a…