Bitcoin's Coinbase Premium, a popular gauge for U.S. demand, is having its longest negative streak since the April correction, coinciding with the Fed turning more hawkish.
BONK slipped 5% to $0.00001223 after failing to break resistance near $0.0000130, with trading volume spiking nearly 50% above average during the pullback.
In the realm of the so-called Howey Test to define investment contracts under SEC jurisdiction, Atkins says there should be a clearer path for crypto involvement.