ArkotNews

The request comes after an investor failed to maintain payments to the exchange.

ALSO: Asia-Based Traders Push Bitcoin Past $30K

Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.

Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.

It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.

Speculative NFT project Nakamigos has recently broken into the NFT spotlight, spawning copycat projects such as Magamigos and Nakamigas that capitalize on the trend. But while meme projects may offer short-term gains, they rarely offer long-term value and ought be scrutinized.

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.

Ripple was projected to have spent $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities.

Rook Labs and activist investors reached a deal that returns millions of dollars to the former DAO.

A proposal would divvy up Rook’s nearly $50 million crypto treasury between Rook Labs, which builds MEV technology, and the new Incubator DAO.