Latest News for: Virtual commodity

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How to Buy bitcoins and Earn Profits From Them

Cryptopolitan 03 Dec 2021
In the world of crypto trading, a little-known but growing industry is emerging, the burgeoning online world of trading in the virtual marketplace. With increasing trade and awareness of the online world, the virtual crypto trading market has seen exponential growth and is currently one of the fastest-growing markets in the world today.
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Just 4 metaverse projects sold $106 million in virtual land last week, with The Sandbox ...

Business Insider 02 Dec 2021
A total of $106 million was spent on virtual property in the last week, with purchases of digital land, luxury yachts and other assets, according to data from DappRadar ... Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space," DappRadar said.�.
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Analyzing SAND’s Phenomenal Growth As Metaverse Sways Market

Crypto Economy 02 Dec 2021
In the virtual world of this game, lands are being sold at high prices ... The highest number of traders and sales belongs to Sandbox, with record sales in virtual lands ... “Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space.
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DappRadar: 4 metaverse projects generated $106M of NFT sales last week

Invezz 02 Dec 2021
The Sandbox (SAND/USD), Decentraland (MANA/USD), CryptoVoxels, and Somnium Space generated almost $160 million of virtual land NFT sales last week, DappRadar reported ... Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space.
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$106M worth of Metaverse land sold last week: DappRadar

The Coin Telegraph 02 Dec 2021
“Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space." ....
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Macro Guru Raoul Pal Says One Crypto Asset Is in the Center of the Metaverse

The Daily Hodl 02 Dec 2021
Real Vision chief executive and macro guru Raoul Pal is offering his insights into the direction of the metaverse and which crypto project will come out on top ... “They’re all imperfect ... The crypto visionary goes on to discuss how virtual real estate might not turn out to be as hot of a commodity as real-world property ... Is that valuable or not?.
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What is a Central Bank Digital Currency that RBI is planning to launch?

DNA India 26 Nov 2021
What is a Central Bank Digital Currency? ... CBDC is a digital or virtual currency but it is not comparable to the private virtual currencies that have mushroomed over the last decade.  ... Private virtual currencies are not commodities or claims on commodities as they have no intrinsic value and are different from money ... .
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Seminar held to bring forth remedies for sustainable earth environment

Urdu Point 26 Nov 2021
Imtiaz Ahmad, Advisor Pakistan Atomic Energy Commission, outlined the results of studies on the 'water footprint' of commodities that have become part of lifestyles throughout the world ... Considering that only 3 % of the total water on earth is freshwater, there should be a strong emphasis that water is a scarce commodity and has high economic worth.
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China to Impose Punitive Fees on Cryptocurrency Mining Amid Power Shortage

The Epoch Times 24 Nov 2021
China's National Development and Reform Commission (NDRC) on Nov. 16 announced that it will impose “punitive electricity prices” on some cryptocurrency miners ...Virtual currency is a specific virtual commodity.
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BoE's Bailey sceptical that stablecoins can be made safe

Reuters 23 Nov 2021
Register ... Stablecoins are a form a virtual currency with values pegged to traditional assets such as the U.S. dollar or commodities, and their rise has accelerated discussion by central banks across the world about digital versions of their currencies ... Register. Reporting by David Milliken Writing by William Schomberg. Our Standards ... More from Reuters.
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IR.INC & VID Conferences Present Virtual Investor Day V - December 6-8 2021

MENA FN 22 Nov 2021
(MENAFN - Newsfile Corp) IR.INC & VID Conferences Present Virtual Investor Day V - December 6-8 2021 Sponsored by ... VID Virtual Investor Day Conferences TM provides a unique and completely interactive experience for feature companies and participants.
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Crypto transactions should be recognised as asset class, regulated centrally: RSS body

The Times of India 20 Nov 2021
He rejected the comparison of crypto assets with commodities like gold, calling it “unfounded”, saying cryptos have no “intrinsic value”. Private virtual currencies are at “substantial odds” with the concept of money, he said, emphasising that "no sovereign" should allow private agencies to issue legal tenders or anything equivalent to it.
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Fed's Waller says stablecoins do not need to be subject to full banking rulebook

Reuters 18 Nov 2021
"The regulatory and supervisory framework for payment stablecoins should address the specific risks that these arrangements pose -- directly, fully, and narrowly," Waller said during a virtual conference organized by the Cleveland Fed ... Stablecoins, a form a virtual currency with values pegged to more traditional assets such as the U.S.
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Central Bank digital currency: Bridging unbanked space, stimulating digital transactions

Business Day Online 18 Nov 2021
Read Also. CBN updates eNaira wallet app amidst user complaints ...Almost every commodity is becoming virtual including currency which is a medium of exchange ... He explained that the digital currencies are the same thing as currencies issued by Central Banks but in a digital/virtual format that is also used to store value and as means of payment ... .
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Welcome to the metaverse

The Manila Times 17 Nov 2021
Stephenson used the term to describe a virtual reality-based successor to the internet ... Virtual reality is becoming a hot commodity in South Korea as new platforms are being created to meet the growing demands of non-face-to-face interactions amid Covid-19. The virtual space is being used for social interaction, e-commerce, and political campaigns.
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