Crypto NFT Today: The latest news in blockchain, cryptocurrency and NFT: 21-27 December 2022

Crypto NFT Today: The latest news in blockchain, cryptocurrency and NFT: 21-27  December 2022

Welcome to another edition of Crypto NFT Today! If you like cryptocurrency, NFTs and riding emotional roller coasters, this is the place to be.

Are you ready for the crunch? Let’s get started.

Remember when online dating services were the exception rather than the rule when it came to finding your soulmate? By 2022, online dating is so mainstream that it’s becoming obsolete.

The results of a new survey from dating.com show that a third of respondents now plan to date in the metaverse.

As avatars become more reflective of their spouses, people in the dating scene can learn more about their potential matches than they would from a text or phone conversation.

The protocol of modern dating becomes a progression of digital contact that follows a strict social guideline: First DM. Second, texting and/or messaging on a social media platform. Third, phone calls and video chat. Only when these obstacles are overcome do people meet IRL.

Dating in the metaverse can remove several of these steps and offer a more authentic experience when getting to know a potential partner.

‘Instagram-Robinhood Hybrid’ NFT app raises $7.8 million in funding

NFT platform Revel has secured $7.8 million in seed funding led by Dragonfly Capital. Referred to as a cross between Instagram and Robinhood by the startup’s CEO, Adi Sideman, the platform helps consumers build a portfolio of the media and people they collect.

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Revel’s marketplace allows users to create NFTs for their followers, friends or communities and also allows people to own issues of the media they like and follow, Sideman said.

“Followers have a stake in the community they participate in, and it’s a powerful new experience,” Sideman said. “It’s nuanced, but it’s powerful.”

The Trump NFT collection sells out in less than a day

Former President Donald Trump has an NFT trading card collection — and it’s sold out.

According to data from NFT trading platform OpenSea, the collection’s trading volume is 900 ETH, or around $1.08 million. The floor price is about 0.19 ETH, or about $230 – more than double the original price of $99.

Trump rolled out the collection on Thursday and sold out in less than 24 hours, netting its creators nearly $4.5 million.

Bitcoin Falls Amid Binance Bankruptcy Fears

Bitcoin has remained steadily below the $17,000 mark since December 16 following fear, uncertainty and doubt (FUD) about the future of crypto exchange platform Binance and others.

However, the bearish outlook may be an overreaction, according to some analysts.

Trader and analyst Crypto Ed sounded skeptical, drawing attention to Bitcoin’s copycat comedown in line with US stocks on December 15. “Interesting to see everyone suddenly so bearish on BTC as if it is acting so weak exclusively. SPX is doing exactly the same, maybe even weaker,” he told followers, asking if the “Binance fud” really had a role to play.

The effects of FTX’s collapse on the cryptocurrency industry

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