TOP CRYPTO NEWS HEADLINES YOU MIGHT HAVE MISSED
Still on the week in crypto, here are some of the top crypto news headlines you may have missed for the 4th week of June, thus:
CRISTIANO RONALDO SIGNS UP AN EXCLUSIVE PARTNERSHIP WITH BIINANCE
The Portuguese football legend Cristiano Ronaldo, also known as cr7 has taken to his Twitter page, his new multi-year NFT partnership with the top Cryptocurrency exchange Binance.
In his tweet, he said,
“Proud to be partnering with @binance, Together we’ll give you the opportunity to own an iconic piece of sports history. I’m excited to take this journey with all of you. Let’s change the NFT game with #Binance”.
This was further confirmed as he retweeted the announcement tweet made by Binance.
In recent times, sports-related NFTs have gained much weight, and a number of football clubs, players, and celebrities have dived into the Nft space capturing the most memorable events and even creating opportunities to be in the same space with their fans.
Ronaldo is set to create a series of NFT collections, which will all be available at the binance Nft market place and everyone would have the opportunity to owe any one of these NFTs.
This partnership deal will undoubtedly change the game for NFTs and bring more adoption into web3.
COINBASE PRO IS SHUTTING DOWN
The crypto exchange coinbase has recently announced that coinbase pro, a subset version that offers a more technical trading feature, while reducing trading fees, will soon be shut down. Even though no date has been fixed for this, it was also revealed that the pro features would be replaced with advance trade, which will be launched on the main coinbase app.
The reason for this is to minimize the rate of switching from the app to the pro version and so, the launch of the advance trade will make the coinbase app an all-in-one app, thereby facilitating your transitions, offering more technical features, and also reducing trading fees.
EBAY HAS JOINED THE NFT GAME — PURCHASED NFT MARKETPLACE
Still, on the quest to connect millions of buyers to sellers, eBay, one of the top eCommerce sites in the world, has joined the Nft game as they announce the purchase of an NFT marketplace “KnownOrigin”, which “provides artists with a place to create unique, authentic, digital collectibles in the form of NFTs.
Since we are taking more cognizance of the web3 growth and adoption, this new marketplace for eBay will definitely make it more relevant and bring more users to its platform.
CRYPTOPUNK RAISES CASH FOR UKRAINE
The place of crypto as an alternative tool for good economic management is evident as the Ukrainian government raised over $100,000 from the sale of a Cryptopunk NFT worth 90 ETH.
This was announced on social media by Mykhailo Fedorov, the Minister of Digital Transformation, and his deputy, Alexander Bornyakov, and they tweeted, that the unique collectible was acquired by an unknown investor for 90 ethers (ETH).
To some of us who may not know what Cryptopunk is, Cryptopunk is an NFT collection on the Ethereum blockchain. It is among the first offered crypto-collectibles launched in 2017.
ever since the invasion of Ukraine by its neighboring state, the global community has been supporting Ukraine with funds through the use of digital assets like cryptos, NFTs, etc, and Cryptopunk is among many of the NFTs donated.
This is a brief review of our week in crypto for the 4th week of June. Don’t forget to hit the like button and subscribe to my page for more crypto news and update.
Thanks for reading
About the Author
Igwe Ihuoma Patience is a self-taught creative and industry-specific content writer, and cryptocurrency enthusiast with 2years plus experience and knowledge of the constantly evolving blockchain space.
I am skilled in content creation, copywriting, curating captions, video editing & graphic designing with mobile phones and I teach others how to get started in the cryptocurrency and blockchain space and My goal is to make blockchain learning and updates easy for anyone to understand.