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Gal Yosef launches Meta Eagle Club NFT collection

Globally respected 3D artist Gal Yosef is excited to launch his Meta Eagle Club NFT collection, which will be backed by the internationally acclaimed Eden Gallery.

About Gal Yosef

Gal Yosef is well-known in the 3D art and NFT community. He created the swiftly sold out Crypto Bulls Society collection, which earned over $50 million from primary sales and market auctions. He has worked with celebrities like Justin Bieber and DJ Steve Aoki. 

One of his unique NFTs, created through such a collaboration, fetched $214,000 at Sotheby’s. The upcoming Meta Eagle Club NFT collection will feature his lifelike cartoon-style avatars, which are universally adored.

A critical turning point

The collaboration between Gal Yosef and Eden Gallery is a critical turning point in the NFT industry. Projects from accredited artists are emerging front and center.

Through their combined skills and the NFT collection, Gal Yosef and Eden Gallery will bring a new vision to NFT art.

Collection features art world with 12K eagle avatars

The NFT collection, which is the first installment of a series of Gal Yosef’s own collections, features a digital art world named Galyverse. The first collection in this digital world is comprised of 12,000 captivating eagle avatars. Gal Yosef explains the choice of the eagle:

I was searching for a character that could help portray a charismatic avatar, but also one that’s warm and inspiring to others. Depicted as a symbol of freedom in so many different cultures, Eagles, out of the entire animal kingdom, also represent the strong and brave-hearted. Working on the wings and feathers allowed me to soar and explore new heights in 3D art.

Merging art and community

The Meta Eagle Club wants to merge community building with upscale art, an evolving vision, and exclusive physical gallery events. 

It will bring physical artwork to Eagle avatar owners to support NFT collectors. Eden Gallery and RNSNC, its cutting-edge NFT studio, will help make this possible. Collectors will also enjoy additional benefits, including VIP flights around the world.

 

The post Gal Yosef launches Meta Eagle Club NFT collection appeared first on Coin Journal.

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Bitcoin Price Prediction: Can Bitcoin breach resistance?

  • Bitcoin has made a V-shaped recovery in the last 48-hours
  • Bitcoin is now trading at a key resistance level of around $38,165.
  • f the $38,165 level is broken, $40k BTC is a possibility in the next 24-hours

Bitcoin (BTC/USD) is in a rebound after making a V-shaped recovery at $32800 on January 24, 2022. Buying volumes have been rising as Bitcoin continues to price in the potential interest rates hike in the U.S, which has been the key reason behind its recent decline.

Bitcoin makes a rebound

Bitcoin is the first decentralised digital currency that allows people to transfer money without relying on third-party intermediaries like banks, credit card companies, and so on. Think of it as an electronic form of cash, and you can send Bitcoin from one person’s wallet (a phone app or online account) directly into another individual’s spending portal just by knowing their address.

Over the past year, Bitcoin has attracted a lot of institutional investors, a factor that played a role in its recent rally to $69k. Besides hedge funds and other institutionalised investors, individual corporations have also added Bitcoin to their balance sheets. Some of the more notable ones are Tesla and Microstrategy.

According to Cathie Wood of Ark Invest, if all S&P 500 companies apportion just 5% of their balance sheets to Bitcoin, BTC could be worth upwards of $500k within the decade.

Bitcoin remains highly volatile in the short term, though. At the moment, it is bouncing off a key support level. Investors were fearful that if it had kept going lower and breached $30k, BTC could easily have fallen below $20k.

Bitcoin price prediction

Source: TradingView

In the past 24-hours, Bitcoin has been in the green and managed to push through the 38.2% Fibonacci resistance at $36,989.61. At the moment, Bitcoin is testing the 50.0% Fibonacci resistance at $38,165.27 but is yet to break through it.

If Bitcoin manages to push through $38165.27, it could easily test $40k within the next 24 to 48-hours. However, if Bitcoin fails at $38,165.27, it is highly likely to fall back below $35k.

The post Bitcoin Price Prediction: Can Bitcoin breach resistance? appeared first on Coin Journal.

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Internet Computer price prediction: Is ICP stalling at key resistance?

ICP volumes even as the broader market turns bullish

Key points:

  •  ICP rebounds but volumes are lower than most major cryptos

  •  ICP needs to break 38.2% Fib resistance at $23.15 for trend confirmation.

  •  Broader market momentum is still a major factor.

Internet Computer (ICP/USD) has been on an uptrend for the last 48-hours. This is pretty much in line with the broader market, which has been in the green since Bitcoin bounced off lows of $32,800.

However, unlike most major cryptocurrencies, ICP’s rebound has not been strong. For most of the last 48-hours, ICP has been range-bound below the 23.6% Fibonacci resistance at $21.18.

Internet Computer yet to gain traction

With the Internet Computer, blockchain finally becomes what it was always meant to be – an open and distributed medium for applications. The revolutionary design unlocking smart contracts‘ full potential proves that this technology has so much more in store than just financial transactions or storing data securely. Internet Computer aims to create entire decentralised economies.

While it has a powerful value proposition, Internet Computer has not had the best of runs since it launched. Issues touching on its decentralisation came up a few months after it launched. What followed was a value collapse from over $400 to under $30.

Internet Computer is currently trading at $21.64 and has been gaining for the past 48-hours. This is in-line with the price action in the broader cryptocurrency market.

ICP price prediction

Source: TradingView

On the 1-hour chart, ICP has been gaining momentum for the last 48-hours. However, for most of that time, volumes have been low, and ICP has been consolidating below the 23.6% Fibonacci resistance at $21.18.

It is only in the last 6-hours that it has managed to push through the 23.6% Fibonacci resistance, but volumes are low. If volumes remain low, there is a risk that ICP could fall back below the $21.18 price level. In such a case, ICP could easily dip below $20.

However, if the broader market remains strongly bullish, ICP could not only hold above $21.18, but also possibly break the 38.2% Fibonacci resistance at $23.15. In such a case, ICP could easily trade above $25 in the course of the week.

The post Internet Computer price prediction: Is ICP stalling at key resistance? appeared first on Coin Journal.