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NFTs still hot! A digital-only artwork has sold at Christie's auction house for an eye-watering $69m (£50m) - but the winning bidder will not receive a sculpture, painting or even a print. Instead, they get a unique digital token known as an NFT - a non-fungible token. NFTs are "one-of-a-kind" assets in the digital world that can be bought and sold like any other piece of property, but they have no tangible form of their own. Twitter founder Jack Dorsey has promoted the first-ever NFT of the first ever tweet, with bids hitting $2.5m.

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Fears Of A ‘Major’ 50% Correction Send Bitcoin Crashing Under $50,000 As Ethereum, Ripple’s XRP And Cardano Lead $200 Billion Crypto Price Plunge Bitcoin has crashed under the psychological $50,000 per bitcoin level for the first time since early March. The bitcoin price fell as low as $48,780 on the Luxembourg-based Bitstamp exchange before rebounding slightly. Other major cryptocurrencies, including ethereum, Ripple's XRP and cardano have also crashed. Guggenheim Partners' Scott Minerd has cautioned bitcoin is "very frothy" and could be about to experience a "major correction" Bitcoin bulls point to the emergence of long-awaited institutional adoption and the sudden interest from companies keen to add bitcoin to their balance sheets.

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