Aurelia Butler

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  • 175 Shares189 Views

    in Cryptocurrency

    DYP Founder Purchases a BAYC NFT Ahead of the DYP PAW NFT Line Launch

    Busica claims that his initial purchase from the BAYC collection was to show his support for NFTs. He also believes that now is the perfect moment to join the BAYC movement, as it is before the release of the DYP NFT collection. So far, the BAYC collection has made a name for itself in the market, containing some of the most sought-after pieces. According to a Dune Analytics estimate, the collection has brought in more than $500 million in sales since its inception.Also Read: Meural’s Latest Upgrade Allows Users View NFT artsThere are 10,000 Bored Ape NFTs in the collection, with some fetching up to 700 ETH. Snoop Dogg, Eminem, Jimmy Fallon, Post Malone, Steve Aoki, and others are among those who have invested in BAYC, including Busica.DYP created the “Cats and Watches Society” collection, which uses Binance Smart Chain, the Avalanche network, and the Ethereum blockchain. PAW is a collection of 10,000 cats with 182 traits to pick from, including outfits, colors, and watches, to mention a few. To ensure no prejudice during the sale, the protocol will ensure that each PAW NFT sells for the same price of $250 for each Cat while removing price tiers to avoid price disparities. In addition, members-only services, such as access to the marketplace and a Society Account, are exclusively available to Cat owners.The NFT market provides greener pastures for crypto enthusiasts, which the DeFi Yield Protocol and its crew are taking advantage of. While the company’s founder’s move may appear hasty, it demonstrates his confidence in the industry, particularly Nonfungible Tokens’ utility.Continue reading on BTC Peers More

  • 125 Shares199 Views

    in Cryptocurrency

    Meta Super League is Bringing True Competition to the Metaverse

    Meta Super League is a completely new NFT initiative that allows investors to acquire and invest in their own bespoke sports team, allowing them to establish their billion-dollar Franchise. As a result, players can compete for MetaBowl glory after establishing their own NFT sports franchise. Competition is always beneficial, and Meta Super League fosters this climate by allowing franchise owners to compete for rewards in events.Read Also: Why Phantasma (SOUL) is Seeking New All-time HighsPlayers must first mint, buy, or trade three-team Element NFTs to start their Franchise. A team’s name, founding city, and colors are among them. Next, the three Element NFTs must be destroyed to create a one-of-a-kind franchise NFT. Once Franchises have been established, it’s time to compete for rewards and glory.On the Ethereum Network, a total of 3,000 Element NFTs will be made available in late January 2022. These will be the Element NFTs needed to create Franchise NFTs, hence the Meta Super League metaverse’s lifeblood. Investors will be able to unwrap their Element NFTs 10 days after the drop. Also, on the MSL Discord, whitelisting has already begun.It’ll be the game time in February when the decentralized program for creating Franchise NFTs becomes live, allowing players to start burning their Element NFTs and receiving their Franchises. With only 1,000 Franchise NFTs accessible after the burn, gamers must be quick to act and grab their slice of fame.Furthermore, owners of Franchise NFTs are automatically members of the Meta Super League decentralized autonomous organization (DAO).Continue reading on BTC Peers More

  • 138 Shares179 Views

    in Cryptocurrency

    OpenSea NFT Trading Volume Soars as the Bored Ape Hype Intensifies

    While some observers, such as Wu Blockchain, have claimed that the volume on Monday was a new high for OpenSea, earlier data from Rchen8 on Dune Analytics shows that the all-time high (ATH) for the token was $322 million on the 29th of August. In addition, OpenSea’s monthly volume exceeded $3.24 billion in December 2021, falling only 5.3% short of the platform’s all-time high of $3.42 billion in August 2021. With more than $700 million worth of trading activity on the NFT marketplace in the first four days of January, the record highs could be broken soon if the pace continues throughout the month.Also Read: OpenSea freezes $2.2M of stolen Bored Apes After NFT TheftAccording to CryptoSlam, the MAYC is presently the top-ranked NFT project in terms of seven-day volume on secondary markets, with $93.2 million, followed by the BAYC NFTs with $88.4 million. In addition, the MAYC and BAYC projects have earned $189.7 million and $182.6 million in the last 30 days, respectively, making them the third and fourth most valuable NFT collections at the time of writing.The MAYC has created $18.7 million in secondary volume in the last 24 hours, while the BAYC has generated $14 million. According to OpenSea, the current floor price for BAYC NFTs is a whopping 67 Ether (ETH), or $250,000, while MAYC NFTs are presently selling for 15.87 ETH, or $59,300. In addition, several pop-culture icons, including rapper Eminem and comedian Dave Chappelle, have reportedly purchased BAYC NFTs for six-figure sums so far this month.Continue reading on BTC Peers More

  • 150 Shares159 Views

    in Economy

    Fed's Powell, Brainard to get Senate hearings next week; Biden promises diversity

    The Senate Banking Committee will consider Powell’s renomination on Jan. 11 at 10 a.m. Eastern (1500 GMT), the panel said on its website Tuesday. It will hold a separate hearing on Jan. 13 to consider the nomination of Fed Governor Lael Brainard to be vice chair.Biden is making diversity a priority in his selection of other Fed leaders, White House spokesperson Jen Psaki said on Tuesday, even as she declined to specify when an announcement about filling more Fed seats would be made. “I expect we will have more soon,” she said. Biden is said to be considering former Fed Governor Sarah Bloom Raskin for vice chair of supervision, as well as two Black economists – Michigan State University’s Lisa Cook and Davidson College’s Philip Jefferson – to round out the seven-member Board. If those are his picks, it would make the Fed Board more diverse than it has ever been. The Board has only had three Black governors since the Fed’s founding in 1913, and has never had a Black female member. Of the five members of the current Fed Board, all are white; two are women. Powell’s nomination hearing will be his first time speaking publicly since the Fed last month decided to bring its bond-buying program to an end by March and signaled it could raise interest rates three times this year. Since then COVID-19 cases have surged to records, causing disruptions to schools, travel and some businesses, and denting the supply of labor. Powell was first nominated to the Fed Board in 2012 by President Barack Obama, and in 2018 was picked by President Donald Trump to lead the central bank for a four-year term expiring in February 2022. More

  • 125 Shares99 Views

    in Cryptocurrency

    Dubai Culture Set To Organize Its First NFT Arts Exhibition

    The art exhibition event is themed 50/50. The event is organized as part of plans to celebrate the United Arab Emirates’ 50th year anniversary. This event will feature the exhibition of works of great creatives like Dalal Ahmed, Alia Al Gaoud, Khalid Al Banna, Gigi Gorlova, and Marwan Shakarchi. Notably, these artists were selected through the NFTs, ranging from paintings, 3D works, animation, collages, and photography. The artists will also be selected via an open call.Related: Commercial Bank of Dubai Set to Launch NFT Art ExhibitionYou would recall that NFTs found their way into the arts industry in a massive way in early 2021. This happened when a famous artist named Beeple auctioned his first-ever NFT artwork at Christie’s auction for $69.4million. Saeed Mubarak bin Kharbash, who is the Chief executive of the Arts and Literature Unit, Dubai Culture, aptly stated that the reason for the partnership between the Dubai Culture authority and Morrow Collective is premised on the fact that it will serve as a viable tool for embracing innovative and fresh solutions in the arts and culture sector to support, acknowledge and retain indigenous creatives. Saeed further noted that the partnership would foster a free for all access to arts.The physical exhibition of arts will kick off from 15 January to 15 February, at Design Library and Al Safa Art.Continue reading on BTC Peers More

  • 100 Shares109 Views

    in Cryptocurrency

    Meural's Latest Upgrade Allows Users View NFT arts

    The most recent feature of the digital picture frames is that they will henceforth have the ability to display Non-fungible Tokens (NFTs). To make this a reality, Netgear incorporated different cryptocurrency wallets, an example of which is MetaMask, into its Meural digital canvas platform. Poppy Simpson, Netgear Meural’s head of product and content, corroborated this update in an interview with VentureBeat. At the Tech Trade Show CES 2022 in Las Vegas, Netgear made its latest feature public.Also Read: Color Star Technology Company Limited Launches Avatars as Physical and Digital NFT ProductsAs to the operation of the digital picture frames and its latest feature, owners of Meural will be able to link their MetaMask cryptocurrency wallet to the web platform of Meural. Hence, users can choose the NFT they wish to see on their wall from the Web platform. Afterward, the NFT will be uploaded to the Web platform; together with the upload is a QR code that can be verified and the metadata. Furthermore, the users should be able to pay for it since their crypto wallet has been linked to their accounts. However, according to Simpson, the NFT arts cannot be bought with Meural yet but can be bought through MetaMask wallet, which will facilitate the smooth transfer of the art to their wall for them to view. He stated the process is simple as users do not need to download the NFT art and have been authenticated using their wallets.Continue reading on BTC Peers More

  • 125 Shares99 Views

    in Economy

    U.S. Senate panel to consider Brainard Fed nomination Jan. 13

    (Reuters) – The Senate Banking Committee will consider the nomination of Federal Reserve Governor Lael Brainard for Fed vice chair of supervision on Jan. 13 at 10 a.m. Eastern (1500 GMT), the panel said on its website on Tuesday. Also to be considered at the hearing will be Sandra Thompson, nominated to be director of the Federal Housing Finance Agency, the announcement said. More

  • 150 Shares189 Views

    in Economy

    Global supply pressures may be nearing peak, New York Fed index shows

    (Reuters) -The historically high pressures on global supply chain networks that have contributed to shortages of key goods and materials and a surge in inflation may have peaked, according to a new index released by the New York Federal Reserve on Tuesday. The Global Supply Chain Pressure Index (GSCPI) surged early in the pandemic when China imposed lockdown measures. Pressures eased as production resumed but picked back up during the winter of 2020 as COVID-19 infections jumped. “More recently, the (index) seems to suggest that global supply chain pressures, while still historically high, have peaked and might start to moderate somewhat going forward,” the researchers wrote in a blog post https://libertystreeteconomics.newyorkfed.org/2022/01/a-new-barometer-of-global-supply-chain-pressures.The index is based on 27 variables such as shipping rates and air freight costs between the United States, Asia and Europe. Researchers found “enormous growth” in shipping costs since the beginning of the recovery from the lows at the start of the pandemic. But that growth has started to slow in recent months.The researchers also noted that container shipping rates rose more significantly during the most recent economic recovery than after the Global Financial Crisis. But the costs of shipping raw materials, such as coal or steel, rose “on par” with the post-GFC recovery, they added.Researchers said they adjusted for shifts in demand, but noted that the index is “not a perfect” measure and likely still reflects some demand factors.The index, drawing on data going back to 1997, shows global supply chain pressures are substantially higher now than in previous times of stress.For example, pressures rose in 2011 after two natural disasters, including an earthquake in Japan and flooding in Thailand. The index rose again during the U.S.-China trade war in 2017 and 2018. But those spikes “pale in comparison to what has been observed since the COVID-19 pandemic began,” researchers wrote.A separate report out Tuesday suggested that supply constraints are starting to ease as delivery times improve. The Institute for Supply Management (ISM) survey also found that prices paid by manufacturers fell last month by the most in a decade.But the survey did not fully capture the effects of the Omicron COVID-19 variant, which could cause some workers to stay home and reverse some of the progress in supply chains. Fed officials are closely monitoring supply chain disruptions as they devise a plan for withdrawing monetary support offered during the pandemic. Minneapolis Fed President Neel Kashkari said on Tuesday he now saw the central bank raising interest rates twice this year in response to higher inflation, noting he was unsure how long it would take to resolve supply side imbalances caused by the pandemic. More