The 45,000 NFT trading card collection created by Donald Trump, which had an initial price of $99 per token, was sold out within hours of its release on 15 December.
Data from popular NFT marketplace OpenSea shows the collection has already surpassed 1,200 ETH in trading volume, with the token’s floor price hovering around 0.15 ETH.
December 16, 2022, 5:04 PM
President-Elect Donald Trump smiles as he pauses during a speech at rally, Hershey, Pennsylvania, 15 December 2016. Evan El-Amin/Shutterstock
Coinbase said that Apple had blocked the release of the latest iOS version of its mobile wallet app until NFT trading functionality was disabled.
The exchange also claimed that Apple wanted all gas fees required to send NFTs to be paid through its In-App Purchase system so that it could collect 30% of the fees.
The popular web3 wallet has partnered with NFTBank, a firm building NFT price-tracking tools, in order to make the new feature possible.
NFTBank claims it can offer over 90% accuracy on its prediction thanks to its machine learning algorithm that takes into account floor price, rarity, and bid/ask distribution for NFTs.
During the opening of Hong Kong’s FinTech Week, the city government revealed it was considering ways to give retail investors a “suitable degree of access” to crypto trading.
Hong Kong will also introduce a new licensing regime for virtual asset service providers, and has invited them to set foot in the city for new business opportunities.
Expected to launch in Q1 2023, Abra Bank will allow U.S. citizens to deposit and bank digital assets in a similar way to how traditional banks handle fiat.
It also plans to launch an international unit with similar services to Abra Bank, and a new staking and yield offering, both scheduled for October this year.
Expected to launch later this year, the new loyalty program will utilize Polygon’s blockchain technology to reward customers with unique NFTs.
Called Starbucks Odyssey, the initiative will allow members of Starbucks Rewards to unlock “immersive coffee experiences”, from unique merchandise to invitations to exclusive events.
Ticketmaster has partnered with Dapper Labs, enabling its event organizers to mint NFT tickets on the Flow blockchain before, during, and after live events.
The tickets company had quietly rolled out a pilot NFT test program over the past six months, and has already minted over 5 million NFTs on Flow.