After Coinbase, CoinDCX, WazirX Out UPI; CoinSwitch Closes Purchases - cyptoranking.com

2024-04-30

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NFT Sales Bleed Out: The Unrelenting Seven-Week Descent According to Bloomberg, the IRI has deployed only $30 million in total. The world’s largest crypto exchange, Binance, committed to invest $1 billion but has instead only spent $15 million. After Coinbase, CoinDCX, WazirX Out UPI; CoinSwitch Closes PurchasesSource: anotherblock.ioAndreas Schuller, known by his producer name Axident, has just started the sale of non-fungible tokens (NFTs) that give their owners a percentage of future streaming royalties to Justin Bieber’s song 'Company'. To transform Bieber's fans "from passive listeners to empowered music stakeholders," the Norwegian music producer has partnered with blockchain-based music rights platform AnotherBlock. Axident plans to sell a 1% portion of the streaming royalty rights to Bieber's famous song via 2,000 ERC-721 tokens.In the first 2 minutes, 353 NFTs have already been minted. According to the website, for a price of ETH 0.017, "every token represents a 0.0005% ownership of the music streaming rights." This includes streaming proceeds from major digital service providers like Apple Music and Spotify.Royalties are usually due every six months, but AnotherBlock told users to "stay tuned for some major updates here."Per the FAQ, "the collector will receive royalties as long as the copyright protection for the song remains in effect within the jurisdiction of the country," which in the EU is until the seventieth year after the recording was first made public.The ownership percentage for each song is stored on Ethereum, while all assets are uploaded to IFPS storage and connected to each NFT, AnotherBlock said.The tokens can be purchased with crypto or a credit card through paper.xyz.The website also noted that US citizens cannot access minting and royalty claims due to regulatory uncertainty in that country. Bieber is not new to the NFT space. The celebrity joined Bored Ape Yacht Club (BAYC) by (in)famously purchasing Ape #3001 for ETH 500 in January 2022, worth $1.3 million at the time. Its value dropped by $1.2 million by July 2023. However, the artist is not involved in the sale of Axident’s share of the 'Company' streaming royalty rights.AnotherBlock, meanwhile, previously sold streaming royalty rights to other artists' songs, including the megapopular Rhianna's 'Bitch Better Have My Money' in February this year. 300 NFTs were minted and sold.'Company', released in 2015 for Bieber's fourth studio album 'Purpose', now has 677 million views on YouTube, with 5.3 million likes. It is the 11th most popular video on the artist's channel. Axident is a Grammy-nominated producer, songwriter, and publisher who worked with big names in the music industry, including Pitbull and Jason Derulo. "AXIDENT's signature sound has proven to transcend borders around the globe and his catalog has been certified gold & platinum over 60 times, reaching nearly half of the world's population on youtube alone," AnotherBlock said.____Learn more:- K-Pop Superstars Blackpink Launch Metaverse Experience in Roblox – Is The Metaverse Making a Comeback?- EVENTZ Concert App Introduces Blockchain Rewards to Harry Styles' Fans- Spotify's Latest Experiment: Playlists Unlocked by NFT Holders – The Future of Music Streaming?- OpenSea Announces Partnership with Warner Music GroupConvicted Ex-OpenSea Manager Chooses to Serve Jail Time Amid Pending Appeal DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.VitaDAO Launches Biotech Firm to Fight Aging With Naked Mole-Rats

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In particular, Nick Burrafato, the Director of Member Investments at Linqto, took to the X platform to hint at the possibility of reopening access for Ripple investment in the next 24 hours. 'Crypto winter' 10 Best P2P Crypto Exchanges in June 2023-Low Fee SitesRecalling the financial meltdown of 2001 in Argentina, Carrica fears the same will soon happen again as Argentina’s central bank reserves approach zero. According to research, in a way, they can be an investment because in any case, users can own an NFT related to a certain game and if it ends up being a big success with an active fanbase, then the NFT should see an increase in the value as well.

The news comes nearly one year after OK Group rebranded another part of its business, formerly known as OKEx. In December 2022, OKEx announced its transition to “OKX” to become more than just a centralized crypto exchange and capture decentralized finance, nonfungible tokens and Web3. The exchange was founded by OK Group CEO Star Xu in 2017. While Unity’s new leadership remains optimistic, news of Riccitiello’s departure comes just weeks after the gaming tech company faced massive controversy after it announced a new “Unity Runtime Fee” for developers that is based on developer revenue and the number of installs—as opposed to a revenue-sharing model. MarketCapOf|Crypto & Stocks Market Cap CalculatorIn a move that can be described as nothing short of revolutionary, XRP Healthcare has joined forces with Spiritus Medical. This partnership is gearing up to introduce Uganda to the groundbreaking NASA-designed ventilator technology. Chen said, “This feature indicates a focus on maintaining the integrity and value of the knowledge transferred through the platform, making it a potentially valuable resource in the educational sector.”

The Chinese digital yuan, China’s central bank digital currency (CBDC), now features an interconnection with the Hong Kong payment system, allowing tourists coming to mainland China to purchase and top up a digital yuan wallet. The system, created by the Digital Currency Research Institute of the People’s Bank of China (PBOC), was tested just recently during the 19th Asian Games. It is evident that after months of decline, the taker buy-sell ratio has recently spiked rapidly, surging above the 1 mark. This suggests the presence of aggressive buyers in the futures market. If this metric continues to trend upwards, it would likely lead to a new bullish stage in the market, with the price aiming for a significant resistance zone of $2K in the coming months.Are Ethereum Insiders Selling Integrity for Monetary Gains? Best Bitcoin Apps in Australia|Top BTC Apps In 2023Sui Chung: I don't have one, unfortunately. I've been doing this long enough whereby I realize that trying to guess where the SEC will land is hard enough, nevermind trying to stick a date on it. Closing Thoughts

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