Daily News - February 13, 2022
Legion Genesis have reclaimed a floor price of 21,888 $MAGIC! Following recent revelations regarding the passive income provided via Summoning/Questing, investors have begun to sweep up the Legions.
While the $660,000 USD $MAGIC sell-off would have had some investors scared, the sell-off only served to strengthen Sonnie’s thesis in $MAGIC. His thread draws a parallel to earlier $MAGIC sell-offs that resulted within upwards price action shortly afterwards - as many investors capitalize on the buying opportunity.
CoolCat holders have the ability to subscribe to Rubber Ducks’ whitelist! There are only 98 spots remaining at the time of this newsletter.
Etherscan is undergoing maintenance, therefore, block data may be delayed!
As tensions have escalated between Russia and Ukraine, Ethereum has pulled back nearly 6.4%. This drop has coincided with a small relief rally for the NFT markets, with the rally being led by Deepak’s 8,000 ETH CryptoPunk purchase.
CoinTelegraph dissects the United States Treasury’s recent report regarding NFTs and money laundering. The report deliberates which asset classification NFT would fall under, as different classifications would subject buyers and NFT trading platforms to a different subset of laws. It further examines the potential for NFTs to service as a means for money laundering operations and the hyper speculative nature of the asset class.
RTFKT, the creators of CloneX, officially launch the second iteration of their website. It features a cleaner user experience and integrates Snapchat-based VR experiences on the homepage.
Memes are cultural currency and there’s no better representation of this phenomenon than CryptoDickButts! For those curious to learn about the origins and explosive growth the project has experienced, check out the article below!
In light of their recent collaboration with NounsDAO, Bud Light is offering a free pair of Nouns-inspired glasses to those that hold a Bud Light N3XT NFT - currently available for $400 USD here.
A whale has swept 7 Legion Genesis for a grand total of 112,660 $MAGIC ($416,842 USD)!
CryptoPunks are back! Deepak Thapliyal splurges 8,000 ETH ($23.7M USD) on CryptoPunk 5822! The funds for the purchase were provided through Compound Finance, a DeFi protocol, in which users can leverage their ETH positions.
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT