Japan Reverses Ban on Stablecoins, Solana's Top NFT Collection Migrating to Ethereum

Stocks continued their losing streak amid low volume in the last week of trading this year. The S&P 500 dropped 0.11%, while the Nasdaq fell 0.90%. Treasury yields rose, with the U.S 10 Year and 30 Year increasing by 2.51% and 2.43%, respectively. Investors remain concerned with recent economic data showing that The Fed still has work to do in its fight against inflation. Yet the risk of driving the U.S. into a recession increases with each rate hike. BTC is currently trading near $16,800 while ETH trades around $1,200, down 0.77% and 1.42%, respectively. Luna Classic (LUNC) continues to lead the top 100 in gains (+13.5%) amid unconfirmed rumors of a potential Coinbase listing and community proposals to bring the failed project back from the dead.