Bitcoin prices have dipped below $40,000, trading around the $38,000 mark Thursday morning, levels not seen since around the August 2021 timeframe. According to MarketWatch.com, analysts are blaming the decrease on several factors, including a growing loss of status as a hedge against inflation for crypto, and a proposal from Russia’s central bank to ban the use and mining of cryptocurrencies.
Tampa Bay Buccaneers quarterback Tom Brady has co-founded an NFT agency called Autograph. Autograph recently raised $170 million in a Series B Round from venture capital groups Andreessen Horowitz and Kleiner Perkins. Autograph is described as "an agency go-between for celebrity athletes and entertainers looking to find a personal presence in the incredibly noisy NFT world."