NFT market defies crypto dip, Do Kwon trial date set, North Dakota eyes Bitcoin | Weekly Recap

How did the NFT market perform amid the recent crypto downturn?

Despite a general decline in the cryptocurrency market, the NFT sector has shown resilience, with certain collections maintaining or even increasing in value.

In legal news, Do Kwon, co-founder of Terraform Labs, has had his trial date set for January 26, 2026, in the Southern District of New York. Kwon, who pleaded not guilty to multiple fraud charges, will remain in federal detention until the trial. The proceedings are expected to last four to eight weeks.

Additionally, North Dakota is exploring the potential of Bitcoin mining to boost its economy. The state is considering policies to attract Bitcoin mining operations, aiming to leverage its energy resources and create new jobs in the sector. Show Less

https://crypto.news/nft-market-defies-crypto-dip-do-kwon-trial-date-set-north-dakota-eyes-bitcoin-weekly-recap/
 6

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. crowd.news does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. crowd.news is not liable for any actions taken, financial or otherwise, based on information or links from this website.