Sunday, May 29, 2022

Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million

A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown obtained $2.26 million in sales during the past 24 hours, and the collection’s floor value jumped 103.2% higher today, to a […] The post Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million first appeared on PR Business News Wire.
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Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill

A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry has introduced a number of revisions to the legislation it has been working on in the past few months. The […] The post Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill first appeared on PR Business News Wire.
http://dlvr.it/SRH17Q

Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist

Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well into 2023. “I think the time has passed for a soft landing,” the economist stressed. Economist Mohamed El-Erian discussed where the U.S. economy is headed […] The post Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist first appeared on PR Business News Wire.
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Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims

Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Belarus had to deal with the challenge of how to seize cryptocurrencies when they were first used […] The post Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims first appeared on PR Business News Wire.
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Home Inspection Contingencies and Why They Are So Important

Read More source The post Home Inspection Contingencies and Why They Are So Important first appeared on PRP Breaking News and Top Stories.
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Saturday, May 28, 2022

Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%

While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token (NFT) sales are down 17.32% lower than last week. Data also shows NFT floor values have tumbled a great deal during the past month as some of the most popular NFTs are selling for a lot […] The post Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50% first appeared on PR Business News Wire.
http://dlvr.it/SRDq7G

Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests

The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Miners extracting digital currencies account for more than 2% of the total volume of electricity […] The post Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests first appeared on PR Business News Wire.
http://dlvr.it/SRDq6H