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Ferrari And Velas Network Ink Exclusive Multi-Year NFT Deal

Ferrari, the Maranello based luxury and high end sports carmaker, will be celebrating their 75th year anniversary of ceaseless innovation in 2022 and just became the latest player in the non-fungible token space after announcing a partnership with Velas Network this Monday. 

Uniswap V3 Contracts Go Live On Polygon As MATIC Experiences Increased Gains While Approaching All-Time Highs

Polygon (MATIC) announced on its official site that following a community vote goEthereum’s flagship project, Uniswap, now has its V3 contracts live on the layer-two scaling solution with benefits including lower gas fees, faster transactions, and increased users among several others. Support for Polygon has also been integrated with the AMM’s (automated market maker) official interface.

Solana Struggles For Solid Support Levels As Recent Gains Go Red

Solana (SOL) has experienced a dramatic reduction in valuation over the past month. After reaching a high of $243.56, SOL is now struggling to stay above the major support level of $170 and the bears are currently in firm control yet again after a false breakout. 

Adidas Originals To Enter Metaverse With NFT Drop, Partners With Bored Ape Yacht Club, GMoney, And PUNKS Comics

Adidas Originals just announced plans to enter the Metaverse. The acclaimed sportswear brand will be releasing a nonfungible token (NFT) collection starting on December 17th at a price of 0.2 Ether ETH, equivalent to approximately $810, after partnering with Bored Ape Yacht Club, GMoney, and PUNKS Comics, all leaders within the NFT space. 

NYDIG Eyes Bitcoin Dominance As The Company Announces Another Successful Funding Round Led By WestCap

NYDIG, a subsidiary of Stone Ridge and emerging crypto leader, just completed a massive $1 billion funding round that has raised the company’s total valuation to just over $7 billion. 

The Crypto Market Is Reeling As The Three Largest Tokens Plunge On Fresh Concerns

The crypto market started out the new week by continuing its recent negative trend that has dragged the broader market down. The three largest cryptocurrencies in terms of market capitalization, Bitcoin Ethereum, and Binance, are all moving lower. During the past 24 hours of trading, all three tokens are down between three and five percent and the overall crypto market has seen a decline of 3.6%. 

Several Warning Signs Flash For Bitcoin, Could A Drop To The $30k Range Be Up Next?

December has been somewhat brutal regarding crypto markets with a prolonged bearish streak that has been devastating for that majority of digital assets. With the exception of a handful of coins, Friday continued the streak of down days as the majority of small, medium, and large-cap coins continued to shed value. Now, several technical trading indicators are flashing warning signs that continued losses might be possible, culminating in Bitcoin dropping to a sub $40k valuation.  

Are Squid Game Token Scammers Planning To Fix The Price Of SHIB With Mysterious 3.2T Purchase? How Manipulation Is Alive And Well In The Meme Economy

With the fallout from the Squid Game Token still fresh on investors’ minds, there are signs that the very same scammers are back to work with another heist this time targeting the meme sensation Shiba Inu. 

Investors Flock To The Tezos Network As Buying Momentum Increases After Ubisoft Announces Support For The Altcoin

Cryptocurrencies have been in a downward trend over the past week led by Bitcoin’s drop to a low of $45,000 from all-time highs and BTC wasn’t alone. Everything from Ethereum to Polkadot saw steep drops in valuation and have been fighting to recover lost ground over the past several days. As the larger cryptocurrencies continued to face selling pressure, one altcoin, Tezos, has bucked the trend and has been stringing together gains, popping as much as 25% during a twenty-four hour period.