EUR/USD 1.17334
0.024%
Gold 4577.24
-0.962%
Oil 102.348
-0.157%
USD/JPY 156.689
0.049%
GBP/USD 1.36034
0.004%
GBP/JPY 213.154
0.063%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
May 1st, Futures News – According to foreign media reports, disruptions to global energy flows have accelerated the shift to biofuels, prompting governments and producers worldwide to speed up blending, production, and trade. Brazil, the worlds second-largest ethanol producer, has announced plans to raise the cap on the proportion of ethanol-blended biofuels in gasoline from the current 30% to 32%, aiming to curb rising domestic gasoline prices due to war and control inflation. The Brazilian government stated that this measure could allow the South American nation to stop importing gasoline. Indonesia, the worlds largest palm oil producer, is accelerating the rollout of B50 – one of the worlds most ambitious biofuel blending directives – as part of a nationwide effort to achieve food and fuel self-sufficiency. Neighboring Malaysia, the worlds second-largest palm oil producer, plans to gradually increase the proportion of palm oil-based fuels in diesel from 10% to 20%. In the United States, the war with Iran has become a topic used by biofuel proponents to push the government to allow year-round nationwide sales of high-ethanol gasoline. They argue that increasing sales of this corn-based fuel makes sense, as ethanol is currently cheaper than gasoline, thus alleviating the cost burden on consumers.ECB Governing Council member Nagel: The ECB is aware of price risks and is ready to act; the current situation is not as optimistic as the baseline in March.May 1 (Reuters) - Ukrainian Ambassador to Japan Yuri Lutov stated that Japans easing of arms export restrictions creates an opportunity for future dialogue between the two countries regarding Japanese military equipment exports to Ukraine. In an interview with the media at the Ukrainian Embassy in Japan, Lutov said that the "Indo-Pacific region is inseparable from the European continent" and that "if Ukraine falls," it will have a "domino effect." He added that Japans move provides an "opportunity for dialogue," and Ukraine could receive funding from Japan to develop air defense systems, thereby reducing its dependence on US-made Patriot missiles.French Prime Minister: The countrys cybersecurity services will conduct attack scenario drills on the system. They will anticipate crisis scenarios, including digital blackouts, to prepare for the worst-case scenario.French Prime Minister: We must strengthen the protection of our systems to deal with the surge in cyberattacks.

With a $20 Million Investment, eToro Will Enter The Blue-Chip NFT Space

Cory Russell

Apr 08, 2022 10:28

eToro has announced the formation of a $20 million fund to invest in blue-chip NFTs.


The money will be invested via eToro.art, the company's new platform.


Following the fund's inception, the trading business claims it will be "one of the largest NFT collectors internationally."


eToro, an Israeli social trading and multi-asset brokerage firm, has announced the formation of a $20 million non-fungible token (NFT) fund.

Blue-chip NFT Craze

Million-dollar JPEGs would have been laughable a decade ago. Even Nevertheless, everyone now wants an animated monkey NFT that could turn them into a billionaire. Blue-chip NFTs have carved out a place for themselves in this way.


A 'blue chip' firm is one that is considered a safe investment in the conventional financial market.


Blue-chip NFTs are those that have surged in price, such as Cryptopunks or BAYC. Market observers have begun to refer to these projects as "blue-chip NFTs," implying that they will maintain their high values for a long period.


With NFT fever on the rise, every collector is looking for a project that may turn out to be a blue-chip NFT. Finding the correct project early on, however, is not straightforward. eToro announced the opening of its $20 million fund on Thursday, with the goal of purchasing blue-chip NFTs and supporting developing ventures in the area.

eToro’s Entry in NFTs

According to an eToro news statement, the money will be invested in the company's newly created 'eToro.art' platform. The platform wants to deliver the NFT industry's 'joy and community' to its 27 million members.


Furthermore, eToro promises that once its assets are completely deployed, it will be "one of the world's top NFT collectors." NFTs from projects such as Bored Ape Yacht Club, CryptoPunks, and World of Women, among others, are already available on the eToro.art platform.


"As a firm with one eye continually on 'what's next,' eToro sees great promise in the metaverse and a spectrum of new digital assets," said Yoni Assia, Co-Founder and CEO of eToro.


Recently, more well-known businesses have been flocking to NFTs. Notably, high-profile personalities have followed Visa's example following its acquisition of CryptoPunk in August 2021. In February, KPMG Canada purchased a World of Women NFT. Simultaneously, Universal Music Group formed an NFT band centered on a Bored Ape figurehead.

Suggestion