In today’s crypto news, Gucci has joined the list of brands that are now accepting cryptos as a mode of payment. The Italian high-end fashion label Gucci has announced about accepting crypto payments in five of their United States stores with its plans to extend the same in 111 stores across North America. Read more on this news in detail below.
This week the NFT space saw Louis Vuitton’s arrival as well as Johnnie Walker’s entry into the Web 3 space with Elon Musk apparently embracing the Bored Ape Yacht Club NFTs. More on this NFT news is below.
The SHIB Army is going crazy as the coin that started as a meme coin is no longer one. Shiba Inua now has a real-life use case. The SHIB holders can now buy land with SHIB in the Shiba Metaverse. Read more on this crypto news below.
Crypto Prices Today
| Price Trend | Price for May 5, 2022 | Percentage change |
| The global cryptocurrency market cap | $1,798,971,169,377 | – |
| The total crypto market volume | $100,607,538,591 | – |
| Bitcoin Price |
$39,606.91
|
3.01% |
| Ethereum Price | $2,934.93 | 4.26% |
*All prices are latest by 11:30 AM, 5 May 2022.
Top Gainers and Losers Today
Top 3 Crypto Gainers
| Cryptocurrency | Price (Latest by May 5, 2022) | Change in % |
| Ziliqa (ZIL) | ₹7.54 | 36.59% |
| Waves (WAVES) | ₹1337.27 | 34.42% |
| Axie Infinity (AXS) | ₹2771.74 | 19.16% |
*All prices are latest by 11:30 AM, May 5 2022.
Top 3 Crypto Losers
| Cryptocurrency | Price (Latest by May 5 , 2022) | Change in % |
| Binance USD (BUSD) | ₹80.02 | 0.65% |
| Terra USD (UST) | ₹80.00 | 0.64% |
| Tether (USDT) | ₹80.00 | 0.64% |
*All prices are latest by 11:30 AM, May 5 2022.
Crypto News Global
Gucci is the latest luxury brand to accept crypto payments in-store
Gucci has joined the list of brands that are now accepting cryptos as a mode of payment. The Italian high-end fashion label Gucci has announced about accepting crypto payments in five of their United States stores with its plans to extend the same in 111 stores across North America.
The cryptos being accepted by Gucci are Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB), and other five U.S dollar stable coins according to Vogue Business.
Read: Digital Fashion in the Metaverse| Metaverse Fashion Week
Source: Cointelegraph
Top Web 3 & Metaverse News
Louis Vuitton and Johnnie Walker dabble in Web 3
This week the NFT space saw Louis Vuitton’s arrival as well as Johnnie Walker’s entry into the Web 3 space with Elon Musk apparently embracing the Bored Ape Yacht Club NFTs.
To commemorate the bicentennial birthday of Louis Vuitton in 2021, the luxury brand from France launched gaming NFT called “Louis: The Game”. At the time of writing this game has been downloaded more than 2 million times on both iOS and Android. 30 NFTs that are embedded within the game were designed by the famous NFT artist Beeple.
Read Top 7 NFT Games to explore in 2022
Source: Cointelegraph
Shiba Inu has a new use case of buying land in the SHIB metaverse
The SHIB Army is going crazy as the coin that started as a meme coin is no longer one. Shiba Inua now has a real-life use case. The SHIB holders can now buy land with SHIB in the Shiba Metaverse.
It was on Wednesday, that the team revealed that SHIB token can now be used to mint parcels of land in the recently unveiled virtual reality project of SHIB: The Metaverse.
Read: Shiba Inu price prediction Weekly
Source: Cointelegraph
NEW COIN LISTING ON COINDCX
| New Coin | Market Cap | Circulating Supply |
| Jasmycoin (JASMY) | ₹7,331,499,894 | 4.75 B JASMY |
| Waves (WAVES) | ₹137,733,573,846 | 108,180,964.00 WAVES |
| Mina (MINA) | ₹75,007,398,499 | 488,163,093.84 MINA |
| Audius (AUDIO) | ₹49,710,047,670 | 713,381,683.00 AUDIO |
| Coti (COTI) | ₹17,415,594,654 | 1.05B COTI |
*All prices are latest by 11:30 AM May 5, 2022.*
Related posts
Bitcoin Price Hits New All-Time High Following Fed’s 25-Basis-Point Rate Cut
Fed’s interest rate cut spurs crypto momentum, boosting Bitcoin and Ethereum prices.
Blum Secures Major Investment from TOP to Strengthen DeFi Presence in TON Ecosystem
TOP’s backing aims to accelerate Blum’s multi-blockchain expansion.
