Last month, SOL shocked the crypto market with its dramatic spike in its value, tripling from $36 to more than $100 in August alone.

Some NFTs, for example, are wearing sunglasses while others are chewing on currency notes and sandwiches.

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Morning Update The government launches the zero-cost solar program with no hidden charges, check your zip code to qualify now. After hitting an all-time high earlier this week of more than $200, the token was changing hands at about $185 in recent trading. Meanwhile, the fact that Solanas DeFi projects recently surpassed the $3 billion mark is proof of Solanas promise and ability to compete with Ethereum. Solana COO Raj Gokal, left, and CEO Anatoly Yakovenko.

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Welcome fellow apes, to the Degenerate Ape Academy. To learn more about Degenerate Ape Academy and discover the team behind it, visit their website.

A number of apes had recently sold for 25 SOL or so, with an ape sporting a beer hat fetching 100 SOL (US$5,600) earlier this morning. Rarible.com). $2,531.69 The Degenerate Ape Academy NFT project sold out its collection of the 10,000 smoothest brained apes in eight minutes during its launch over the weekend. A month ago, one SOL could have been had for about $40.

Investors also balked as IBM said it would generate $10 billion in free cash flow for 2022.

Cash out, VA, FHA, Jumbo, Conventional 30 Year Fixed, 15 Year Fixed, Zero Point Options. Why It's Time for a More Positive Outlook on IBM, Novavax COVID-19 vaccine will be available next week, CEO says, AT&T Stock Is Falling, But Its Dividend Yield Is Getting Even Bigger, Tesla Cybertruck a 'niche' product that will not be like the Ford F-150: Analyst, Amazon rolls out Rivian delivery EVs, Altice USA up on SuddenLink sale, Carnival sells $1B in stock, Microsoft and Google Bring Bad News for the Economy, Seeking at Least 10% Dividend Yield? Moonrock bought Degen Ape #7225, which is a scarred zombie ape with a halo, a gold tooth, and a brain in its mouth. AT&T CFO Pascal Desroches joins Yahoo Finance Live to discuss earnings, cash-flow guidance, recessionary risks, inflation, phone subscribers, and the outlook for growth. That way, the community has more funds to buy, build and fund awesome stuff for their members or the whole Solana ecosystem. July 21, 2022 | Gregor Stronach, July 20, 2022 | Gregor Stronach, July 19, 2022 | Oriel Morrison. 93 crypto. This year brought a dividend cut when AT&T spun off WarnerMedia, as the company doubled down on investing in its 5G and fiber networks.

Real Lender Reviews. The information is not intended to imply any recommendation or opinion about a financial product. Degenerate Ape Academy is a NFT (non-fungible token) collection.

How can AI help the fate of cryptocurrency in India? You have entered an incorrect email address! Recently, Zacks.com users have been paying close attention to Palantir Technologies Inc. (PLTR).

WSJs Andrew Tangel explains. But at some point, even the biggest degens among us want to feel productive, get stuff done and become smarter.

Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Just where is the stock market going, thats the question investors are trying to answer. All Rarible NFT content will now be preserved on both IPFS and Filecointhanks to our partners at NFT.Storage.

10 crypto with a market cap of US$16.2 billion. New people will migrate to things that are faster, cheaper, + easier, Pentoshi Wont DM You (@Pentosh1) August 15, 2021.

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Thats because it is built on Rarible Protocol, our open source NFT API.

Currently the floor price for a Degenerate Ape Academy NFT is 59 SOL - $2,531.69. Apparently not content with having shelled out more than $1 million for an NFT of a scarred zombie ape with a halo eating a brain, Moonrock Capital, a Europe-based blockchain advisory and investment firm, announced a few hours later it had purchased a CryptoPunks knock-off NFT also on the Solana blockchain for 1388 SOL, or $257,446.24.

Expert tips for Americans with money in the bank. When . Other Degenerate Apes in the collection have sales prices of up to $1.7 million, according to a report from Decrypt.

TBA Ask the team and other community members questions to see if they know what they are talking about and can follow through with their promises.

Why It Matters: SOL is now the sixth biggest cryptocurrency by market cap, and as costly Ethereum gas prices cause some projects to look for alternative blockchain platforms, Solana may become an increasingly appealing option. Over here at Rarible, we enjoy a night out at the yacht club as much as anyone.

The cost is around $0.01c to mint as opposed to thousands and we saw something like this take place with $BNB over the summer on BSC chain. @DegenApeAcademy launched on $SOL a light bulb went off for me. The crypto market was up 1.4 per cent to US$2.1 trillion, with only a handful of top 100 tokens losing ground.

ISRG stock plunged.

Because as much as we like building awesome stuff, well never know what a community needs as well as the community itself. Tilray (TLRY) to Report Q4 Earnings: What's in the Cards? Save my name, email, and website in this browser for the next time I comment. We might be a tiny bit biased, but it sounds like Rarible Protocol is pretty awesome ;). And best of all, it works with every blockchain supported by Rarible: Ethereum, Polygon, Flow, Tezos and now Solana. Recently, Moonrock Capital, a blockchain consulting firm, purchased one of the Degenerate Ape Academy NFTs for 5,980 SOL ($1.1 million) on Saturday, making it the first million-dollar NFT sale on the Solana blockchain. You might be wondering why youre reading about DAA's community marketplace on Raribles blog. Why is Solana's First Million Dollar Degenerate Ape NFT Sale a huge MeetKai Unveils Worlds First Publicly Available AI-Powered Metaverse at Times Square, You Have been served!

Degenerate Apes cause Solana to surge into crypto top 10, Crypto Espresso: Special Long Black This is a proper moonshot Edition, Crypto Espresso: Its all about bagging hackers and slashing slackers in this quick shot of crypto news. Everyone gets rekt sometimesand the Rarible team is no exception. Yahoo Search helps you find best new crossover SUVs easily and quickly. But here's what keeps us going. Photo: Leora Bermeister for The Wall Street Journal. The worst laggard in the top 100 was the fading SafeMoon, which was down 12 per cent and is now just the No.

Lunch Update That creates a more seamless experience for anyone trading their NFTs: But thats not all: The new community marketplace will also help the community do more degen stuff. Its much more fun to ape in when the marketplace has the same vibe as the collection.

Another Solana-based NFT collection called SolPenguins, looks very similar to the Ethereum-based Pudgy Penguin collection. Trading volume. Preeti is an Artificial Intelligence aficionado and a geek at heart. View Today's Best Rates Digital Online. XRP was trading at US$1.30, up 66 per cent from a week ago, and Cardano had reclaimed the No. The integration with Rarible Protocol also means the community marketplace aggregates listings from other marketplaces across the protocol to make sure you find the NFTs youre looking for (or buyers for them) quickly. Investors reacted negatively to the second-quarter earnings report from International Business Machines (NYSE: IBM). The on-chain analytics platform known for its DeFi chops is expanding into the world of NFTs and DAOs. Information incorrect? As a result, rivals like Solana with much lower fees and traffic have taken off. Unsubscribe whenever you want.

To buy a Degenerate Ape Academy NFT, just visit their collection on MagicEden, connect your wallet and select the NFT you would like to acquire.

TV personality Steve Harvey changed his Twitter profile photo to a Solana Monkey Business NFT, which is another NFT project on the blockchain, last Thursday.

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. Unsubscribe whenever your want.

To list, buy or sell your Degen Apes, you wont have to leave the Degeniverse anymore. For those with a $500k portfolio, download this guide to learn ways to grow your wealth and generate income from your portfolio. Tech giants Microsoft and Google have just taken additional hard decisions ahead of their earnings reports. The NFT Degenerate Ape Academy collection was introduced on the Solana blockchain on August 15. Other popular NFT launches on Ethereum have badly clogged the network, causing gas fees to skyrocket so high that transactions momentarily cost hundreds of dollars in Ether.

He will contribute to the Bitcoin Development Kit and the Swahili Wordlist.

CoinDesk journalists are not allowed to purchase stock outright in DCG.

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. The academy was founded on the principles of friendship making, crayon eating and absolute, unregulated, deplorable, degenerate behaviour. In comparison, Ethereum, the most popular and widely used network for NFTs, took three years to reach its first million-dollar sale. Yahoo Finance Lives Brian Sozzi discusses investor sentiment on semiconductors.

In fact, it was boosted by the introduction of the NFT Degenerate Ape Academy on the Solana blockchain on August 15. Celebrities have begun to show their interest in Solana NFTs. Click here for options trades from Benzinga, Marathon Winner Disqualified: Running Shoe Ruled One Centimeter Too Thick, Caradano Blockchain Set To Launch Smart Contracts. Heres how you can get an easy $200 when you spend $500. $56,223,299.51 The purchaser, London-based blockchain advisory firm Moonrock Capital, made the announcement via twitter, paying for the NFT with 5980 of Solanas SOL tokens. Proof of History is based on a timestamping approach.

Moonrock Capital just acquired the 13th rarest @DegenApeAcademy NFT for 5980 $SOL ($1,109,170.40) pic.twitter.com/STkwJetRl1.

The minting fee was six SOL tokens (about US$336) per ape, but the added transaction fee to use the Solana platform was minuscule. Market Close Update Generally speaking, don't follow anyone blindly and make up your mind if you should buy into an NFT project that someone recommended. It was changing hands at US$2.14. That allows the Degen Ape Academy team (or DAOO members) to build custom UX and add any feature they want to their marketplace.

According to HowRare.is, the ape is the 13th rarest in the collection. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. SOL is now the sixth most valuable cryptocurrency by market capitalization of over $52 Billion, and as the cost of Ethereum gas forces certain enterprises to search for alternatives, Solana may become a more desirable option. The community becomes more independent: If any third-party marketplace goes down, raises their fees or removes the project, the Degen Apes marketplace stays up. Benzinga does not provide investment advice. Youre not only trading on a more fun marketplaceyoure also funding the community you just bought access to so they can build more awesome stuff for you.

This is a big step for the community.

Intuitive Surgical, Inc. (ISRG) delivered earnings and revenue surprises of -1.72% and 2.53%, respectively, for the quarter ended June 2022. Looking back to the end of the Second World. Do the numbers hold clues to what lies ahead for the stock? 2021 Benzinga.com. Although Ethereums network suffers from higher congestion and higher gas fees even with layer 2 solutions, most NFT-related transactions are conducted on Ethereum something which may change soon owing to Solanas promising features. A lot of time.

Is Most-Watched Stock Palantir Technologies Inc. (PLTR) Worth Betting on Now. What makes Moonrocks Degen Ape #7225 million dollar NFT purchase, a milestone, is that Solana reached this million dollar sale goal in two months. Sold a degenerate ape at 20 and someone immediately flipped it for 49 gg. What gives? Investors will focus on revenue growth and other pipeline updates, when Tilray (TLRY) reports fiscal fourth-quarter results. Thats what the academy is for. The Dow Jones fought back. The US is the worlds biggest oil producer so why do we still need to import crude and ask other countries like Saudi Arabia for help? AT&Ts current dividend commitment is for around $8 billion annually, or $2 billion a quarter. Now, while all that sounds awesome, customization also has an economic component: It also means the community marketplace charges custom (aka lower) fees other than third-party marketplaces (incl. NFT TRAPPAHOLIC (@SOLTRAPPER305) August 15, 2021, remember people saying so much for solana summer or what happened to $sol-summer. Approaching top 10, $SOL-summer is here , Seor Chimp (@algonaut721) August 11, 2021. By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, DeFi Analytics Manager Zapper Adds NFT and DAO Dashboards, First Mover Americas: ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales, Vitalik Buterin Discusses Ethereum's Upcoming 'Merge' and 'Surge' at EthCC in Paris, Bitcoin Non-Profit trust Launches Africa Open Source Cohort; Names First Developer. And the price of Solanas native token has followed suit, with the coins market capitalization hopping over XRP and dogecoin to become the worlds sixth-largest cryptocurrency with a value of $54 billion compared with XRPs $43.5 billion and DOGEs $32 billion. Subscribe and never miss out on such trending AI-related articles.

Your first step should be going through Degenerate Ape Academy's website and social media profiles to fully understand what the project does and is planning to do. While the NFT craze initially focused on the Ethereum blockchain, that very popularity caused traffic and fees on Ethereum to skyrocket. 3 spot on Coingecko with a 50 per cent gain in the last seven days.

We partnered with Degenerate Ape Academy, one of the hottest Solana PFP projects, to give the Degeniverse its very own marketplace powered by Rarible Protocolwhich is live right now on the Solana blockchain! This field is for validation purposes and should be left unchanged. A surge in investor interest in Ethereums competing systems with DeFi, NFT, and smart contract capabilities is one of the primary causes driving this amazing success. Each transaction is assigned a timestamp that allows the rest of the network to verify it as a legitimate transaction in fractions of a second.

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Our mission here at the academy is simple: Take 10,000 of the smoothest brained apes, put them all in one location and let the mayhem ensue. Degenerate Ape Academy is a 0 piece NFT collection stored on the Solana blockchain. Stockhead is providing factual information where there is a reasonable likelihood of doubt.

Solana NFTs have already piqued the interest of celebrities. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. pic.twitter.com/nrJscc4CXD, Clinton dwards | clint.eth (@ClintonEdwards) August 15, 2021. Were supposed to be energy independent. UPDATE 1-Activists say Mexico not enforcing environmental laws related to Mayan Train project, WRAPUP 1-Ukraine's ports to reopen under deal to be signed Friday, Turkey says, Snaps Drop Cools Stock Optimism Before Asia Open: Markets Wrap, US Says Russia Oil Cap Needed as EU Sanctions Not Yet Priced In, Goldman Sachs Doubts Intervention on Euro, But Action on Yen Possible, Snap stock falls after second-quarter revenue miss, Elon Musk says remote workers are just pretending to work.

When she is not busy reading about the latest tech stories, she will be binge-watching Netflix or F1 races! Solanas growth is expected to accelerate in the coming months, thanks to its scalability, faster transaction speeds, and lower gas rates, which allow anyone to buy, list, sell, or trade NFTs without having to worry about exorbitant gas fees. And the reason doesnt seem to have much to do with Solanas innovative proof of history mechanism for reaching network consensus, its new wormhole for transporting tokens from Solana to Terra, Ethereum and Binance Smart Chain, or the launch of the new Solana-powered decentralised exchange Mango Markets. What happens next is anyones guess, but the history of bears and rallies can offer some suggestions.

UK court allows lawsuits to be delivered via NFT AirDrop, China Develops Soft Robot Fish That Eats Microplastics In The Ocean, NIST announces four post-quantum cryptography algorithms, Intertwined Intelligences: Introducing Indias First AI NFT Art Exhibition, Udacity launches Scholarship for the Black Community, Geoffrey Hinton backed Cohere receives US$40 million in Series A Funding led by Index Ventures, Top BTech in Artificial Intelligence Institutes in India, Microsoft launches Project AirSim to train AI drone systems. What Happened: The 13th rarest Degenerate Ape NFT was sold on Saturday for $1.1 million. Intuitive Surgical earnings and sales missed Q2 views as Covid continued to have an impact on the robotic surgery giant. Instead of seeing tons of (potentially fake) collections, NFTs and users on a marketplace, youll immediately find what youre looking for. The problem is, investors and economists arent sure if were at a true bottom or just in the midst of a bear market rally. But those who did get apes were pretty happy with them. A Degenerate Ape Academy non-fungible token (NFT) on the Solana blockchain was sold Saturday for 5980 SOL, or $1.1 million, in the largest-ever NFT sale on the rival to the Ethereum blockchain.