ASRV’s 2022 winter clothing lineDerek Reynolds/ASRV ASRV released 60 NFTs of a luxury jacket as part of its winter clothing release. They sold out in less than 30 minutes. The company joins the likes of Nike and Adidas in betting on the metaverse as the future of retail. CEO Jay Barton said brands can leverage… Continue reading A sportswear startup’s line of luxury jacket NFTs sold out in minutes. Now the CEO is scouting out land in the metaverse for a virtual store.
The first ‘NFT restaurant’ will run you as much as $14,000 for an exclusive VIP membership — but you’ll have to bring your wallet to pay the tab
Fish on display on Flyfish Club’s website.Flyfish Club Flyfish Club is selling memberships through NFTs ahead of its launch in 2023, Fortune magazine reported. An “omakase” premium membership costs 4.25 ether, or about $13,930 as of Friday. The crypto project at the upcoming NYC restaurant has raised $14 million through the sale of nearly 1,500… Continue reading The first ‘NFT restaurant’ will run you as much as $14,000 for an exclusive VIP membership — but you’ll have to bring your wallet to pay the tab
How to invest $10,000: 6 financial experts share their best ideas for maximizing your returns across stocks, crypto, and ETFs right now
But while it may have been difficult to keep up with all the new ways of investing, making money was pretty simple. You didn’t need to pick and choose your investments – if you just parked your money in an index fund benchmarked to the S&P 500, you’d have enjoyed a nearly 27% gain in… Continue reading How to invest $10,000: 6 financial experts share their best ideas for maximizing your returns across stocks, crypto, and ETFs right now
US stocks whiplashed as banks drop on earnings results and bond yields surge
Traders have been cheered by earnings but are still concerned about inflation.Brendan McDermid/Reuters US stocks experienced a volatile trading session on Friday as bond yields surged and banks reported earnings results.A big miss in December retail sales initially sent the Nasdaq lower before recovering.US retail sales dropped 1.9% in December from the prior month, while… Continue reading US stocks whiplashed as banks drop on earnings results and bond yields surge
JPMorgan boss Jamie Dimon says the Fed could hike interest rates as many as 7 times this year
Jamie Dimon, chairman and CEO of JPMorgan ChaseMisha Friedman/Getty Images JPMorgan CEO Jamie Dimon expects the central bank to raise rates six to seven times in 2022. Dimon’s forecast is roughly double compared to other Wall Street predictions. The Fed has signaled it would begin hiking rates starting in March. Sign up here for our… Continue reading JPMorgan boss Jamie Dimon says the Fed could hike interest rates as many as 7 times this year
Ethereum co-founder Vitalik Buterin asked for the ‘most unhinged’ criticisms of him on Twitter — highlighting the darker side of crypto
Vitalik Buterin, founder of ethereum.John Phillips/Getty Images for TechCrunch Vitalik Buterin shared crazy online criticism about him, and asked Twitter for more examples Thursday. The ethereum co-founder got thousands of answers, on topics from his supposed secret cabal to Ripple. The 27-year-old is no stranger to trolling, despite spearheading forward-thinking crypto projects. Sign up here… Continue reading Ethereum co-founder Vitalik Buterin asked for the ‘most unhinged’ criticisms of him on Twitter — highlighting the darker side of crypto
Rio de Janeiro’s mayor is following the lead of Miami’s bitcoin-loving Francisco Suarez and will invest 1% of the city’s reserves in the cryptocurrency
Rio de Janeiro Mayor Eduardo Paes.Buda Mendes/LatinContent via Getty Images Rio de Janeiro is aiming to put 1% of the famous Brazilian city’s reserves into bitcoin, its mayor reportedly said Thursday. Eduardo Paes spoke of the plan during a panel with Miami Mayor Francis Suarez, himself a bitcoin bull. Rio de Janeiro may also offer… Continue reading Rio de Janeiro’s mayor is following the lead of Miami’s bitcoin-loving Francisco Suarez and will invest 1% of the city’s reserves in the cryptocurrency
Venture capitalist Bill Tai knew NFTs would be big following Cryptokitties launch and offers this advice for new investors
CryptoKitties, by the same company behind Top Shot, was one of the first popular versions of NFT collectibles.CryptoKitties Bill Tai said he knew NFTs would be big someday after he discovered CryptoKitties. CryptoKitties were some of the first digital collectibles in the early days of the NFT market. The market swelled to $41 billion in… Continue reading Venture capitalist Bill Tai knew NFTs would be big following Cryptokitties launch and offers this advice for new investors
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