05/07/2021 Top cryptocurrency Prices Today: Uniswap, Ethereum, Polkadot gain up to 6%

Six out of top-10 digital tokens were trading lower at 9.30 hours IST, gaining as much as 6 per cent.

Pawan Nahar

NEW DELHI: Major Cryptocurrencies were trading mixed on Monday. The crypto market has turned volatile recently, but logged some gains over the weekend. Six out of top-10 digital tokens were trading lower at 9.30 hours IST, gaining as much as 6 per cent. 

Japan will have more clarity on what a digital yen would look like late next year, a lawmaker overseeing the ruling party's digital currency plan said. The Bank of Japan in April launched the first phase of its central bank digital currency(CBDC) experiment, joining counterparts aiming to match the rapid pace of private innovation. 

Federal Reserve Chair Jerome Powell, who is presiding over the central bank’s examination of digital currencies, met with the head of cryptocurrency exchange Coinbase Global Inc. on May 11 and crypto advocate Christopher Giancarlo a day later, the Fed chair’s monthly diary shows. 

"We are possibly looking at a good start to the week after there was some profit booking. The possibility of Ether decoupling from Bitcoin and not following the latter's price movements is becoming clearer. Investor attention is turning towards the largest Altcoin. Polkadot, Ripple, Algorand all shot up almost 5% before facing some minor correction," said Edul Patel, CEO and Co-founder, Mudrex. 

Back home, as high-net-worth individuals continue to invest in cryptocurrencies to diversify their portfolio, non-fungible tokens (NFTs) are slowly gaining asset-class credibility. Indians are also warming up to this new digital asset that has given creators and collaborators a fresh platform to earn better money. 

Also, Nasdaq-listed crypto exchange Coinbase is looking to expand its India operations. Its co-founder & CEO Brian Armstrong tweeted on Friday inviting people to join him. 

Hitesh Malviya, Founder of itsblockchain.com said, "With the positive statement coming from Philippine Stock Exchange (PSE), Filipinos will become more involved in cryptocurrency trading, and usage soon, and that will benefit the whole market In the longer run." 


Tech View by Siddharth Menon, COO WazirX 
Bitcoin looks ready for a reversal to an uptrend. If all goes well, we should see Bulls coming back to crypto markets in the coming month if the stock markets sustain the current levels. Ethereum looks strong as compared to Bitcoin which is good news for the Alt season. The DEFI sector has shown strong bounce back as seen in the previous market cycle. 

Ether/bitcoin
Agencies


SANDBOX is showing strength amongst the NFT pack. NFT has been the talk of the town and in the last 6-8 months, have bought a lot of artists & musicians to crypto with some record breaking sales. We could see NFT markets leading this alt season, only time will tell us. 

All in all, markets are performing within the trend lines but they are usually with surprises to shake away some final disbelievers so be careful, don't leverage trade. If we get out of this phase it's a good sign for Bitcoin and last 2months consolidation will help it make new highs. 

NBA legend Shaquille O’Neal signs $11M Astrals NFT settlement
NFTs weekly sales surge 94% as crypto market continues bullish run
Sir Tim Berners-Lee is selling the first web browser’s code as an NFT
Arts

https://economictimes.indiatimes.com/markets/cryptocurrency/top-cryptocurrency-prices-today-uniswap-ethereum-polkadot-gain-up-to-6/articleshow/84133056.cms

Interesting NFTs
Marinalandia
The aquatic world in a world to observe, to recreate, like the glacial landscapes. Both are a planet within ours, full of colors in the tropical case or minimalist in the glacier case, with strange species and wonderful animals each in its environment. This visual toy brings you a piece of that world in a fantastic setting.
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
Right Place & Right Time (bitcoin hourly price offset)
Each day, a new composition for the Master is generated autonomously using a data feed of Bitcoin's last 24 hours of price action. Each hour's price programmatically controls rotation, scale, and position of a correlating layer. Astute viewers will surmise the day's price volatility simply by examining the artwork. While the daily image generation is the result of autonomous API calls, utilizing an algorithm the artist wrote, the artist has chosen to retain a control token. This token allows him to fine-tune variables associated with his algorithm, in addition to addressing aesthetic concerns within the life-cycle of the artwork. Layer state, alpha, hue, saturation, and brightness are elements the artist has retained control of in order that this artwork remain a living work-in-progress. An earlier iteration of this artwork was featured as a nightly projection mapping video on the face of the Daniels Fisher Clocktower, as part of ETH Denver 2020. Access to this and additional exclusive content awaits the master token owner at the artist's NFT Portal: https://collect.mattkane.com/minted-works/right-place-right-time-bitcoin-hourly-price-offset/
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By OthersideDeployer
Fernando
Hi-ya! I'm Fernando. I want to live in a world where people believe that one day cats will rule this planet. I once dreamed of being a Private Dancer . Now I can be found siring for status all day. I hope we can be brilliant friends.