Crypto market today

 

BTC - 19800 +3.77%

Yesterday turned out to be a very volatile day, and this one started with good growth.

 

Growth leaders among altcoins are ENS, LDO, UNI.

Fall leaders are CVX, XCN, KLAY.

BTC dominance is 41.96%.

Altseason index 57.

 

International and traditional brands are increasingly entering the NFT space.

 

The largest collections are sports brands: Adidas, Nike, and sports leagues. The media industry came in second.

Other industries launching NFT collections included food retail: McDonald's and Taco Bell, Paramount entertainment, and Porsche cars.

Just in the last week, big brands like Hugo Boss, Formula 1, and Wrangler have released their NFT collections.

 

Argentine state-owned energy company moves to crypto mining.

 

YPF, Argentina's state-owned power company, supplies electricity to an undisclosed international crypto-mining company.

“We have begun developing this generation pilot study for mining cryptocurrencies with a vision of sustainability and business expansion using natural gas flaring,” Martin Mandarano Gen. YPF Director.

 

The Vincent Van Gogh Foundation launches the legendary artist's creations on Web3.

 

A total of 84 copies are currently being sold as NFTs, each a 3D animation of a Van Gogh painting and a digital scan of a sheet from the respective heritage site.

“We can use NFT technologies to help them create meaningful collectibles that will be linked to real-life projects,” said the project beneficiary.

 

Multiverse Labs launches an entire city in the metaverse, which the UAE government supports.

 

With almost 1,500 active organizations in the UAE Web3 ecosystem, the virtual city will support the local tourism industry and potentially create new jobs in the metaverse.

The city will be named Sharjahvers, after Sharjah, the second most populous city in the UAE with a population of approximately 1.8 million.

 

Meta employees can be forced to spend time in the metaverse.

 

According to The Verge, Meta employees working on the development of the Horizon Worlds metaverse practically do not use the platform due to its poor quality.

In this regard, the company's vice president, Vishal Shah, believes that it is necessary to "hold leaders in charge" so that employees use the metaverse at least once a week.

 

FTX will launch a Visa crypto debit card in 40 new countries.

 

The global expansion means that more FTX customers will be able to spend their crypto balances held on the exchange using the card.

“This card allows users to securely use their FTX crypto balances 24 hours a day, 365 days a year, and without any administration or processing fees,” FTX CEO Sam Bankman-Fried said in a statement.