Tiffany & Co. Announces CryptoPunk Pendants

Join the Trading Community: Learn & Earn with BingX.

Today’s Cryptocurrency Headline

Luxury jewelry brand Tiffany & Co. has announced the launch of the “NFTiffs” NFT series. “NFTiffs represent a collection of 250 digital passes, offered by Tiffany & Co., which may be minted when purchased and redeemed by CryptoPunks holders for the creation of a custom-designed pendant and an NFT digital artwork that resembles the final jewelry design”, according to the official blog. The pendant will go on sale Aug. 5, and each customer can buy up to 3 NFTiffs and the pendant costs 30 ETH. 

BingX’s Bitcoin Chart

Source: TradingView & BingX

According to CoinShare, Digital asset investment products saw inflows totalling US$81m last week, signifying the 5th consecutive week of inflows totalling US$0.53bn. Bitcoin is down 4% over the last 24 hours and fell to an intraday low of $22,850.00. The largest cryptocurrency could find support around the 20-day exponential moving average (EMA) ($22,492), and if the price bounces from this level, the bull will attempt to push the price above the $24,000. If they succeed, the BTC/USDT pair could pick up momentum and a rally to $28,000. However, if the bulls cannot hold the price above the 20-day EMA, the bears will attempt to pull the pair below the 50-day simple moving average (SMA) ($21,292).

Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.