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.

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. PolkadotRipple, 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. 

Arts

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

Interesting NFTs
Cartoon Tom Holland
Created by Serebass
#86719
By OthersideDeployer
Hope
CONGRATS!
Banksta
Pump, dump and bump Banksta to death. Demon or dead normal? Print fiat at will. What more do you want?
Mars House
Mars House is the first NFT digital house in the world. Upon purchase of Mars House NFT, 3D files will be sent to the new owner by Krista Kim Studio Inc. for file upload to the owner’s Metaverse. Technical support for Mars House integration on Metaverse is provided. (Architectural Digest, March 14, 2021) “Kim ventured into NFTs while exploring meditative design during quarantine; her hope was to use the influx of digital life as an opportunity to promote wellbeing. Comprised entirely of light, the visual effects of her crypto-home are meant to omit a zen, healing atmosphere. The artist also partnered with musician Jeff Schroeder of The Smashing Pumpkins to create a calming musical accompaniment. So what makes the file a compelling purchase? Beyond the promise of buying into the lucrative NFT market, the home and all of the furniture in it can be built in real life by glass furniture-makers in Italy, as well as through MicroLED screen technology. Kim also has a strong visions the art being projected, as well. “Everyone should install an LED wall in their house for NFT art.” says the artist. “ This is the future, and Mars House demonstrates the beauty of that possibility.” The owner is in agreement to the following terms and conditions upon purchase of Mars House (hereby referred to as Mars House NFT): The collector agrees to own one copy of Mars House NFT on a single Metaverse platform. The collector is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio Inc. will provide technical support to upload and integrate Mars House NFT on a Metaverse platform. If/when Mars House is resold, the collector is required to delete all Mars House NFT 3D file(s) from his/her Metaverse, and provide verification of deletion to Krista Kim Studio Inc. before new 3D files are transferred to the new owner by the artist. The new owner is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio will send Mars House NFT 3D files directly to the new owner and provide support for Metaverse integration. This verified ownership transfer system will be appointed to Krista Kim Studio Inc. trusteeship, after 40 years of the date of the sale. Krista Kim Studio Inc. retains ownership of Mars House NFT copyright. All rights reserved. All reproductions of Mars House (NFT) in both digital and physical formats, are restricted. Mars House NFT physical furniture pieces, made of tempered printed glass in Italy, may be commissioned by the collector as NFT physical pieces.