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On Wednesday, bitcoin (EXANTE: Bitcoin) is continuing sliding below $50,000. As of press time, the largest cryptocurrency by market cap is trading at $47,751.04 (-6.87%), according to EXANTE.

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Chart of the USD/BTC trading pair from EXANTE

For its part, ether (ETH) is sliding by -3.6% down to $3,794, while binance coin (BNB) is losing 2.56% and is now trading at $535.

Earlier, iHodl reported that a decentralized organization called BlockbusterDAO wants to rebrand Blockbuster as a streaming service. According to a Twitter thread, the organization plans to raise $5 million through a sale of NFTs each priced at 0.13 ETH. The DAO says the franchise has been "low-balled" at $1.8 million.

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