OnlyFans NFTs?

Amouranth partners with Shush, ETH price action update, and crypto options?

GM frens!

Hey, and welcome to another issue of NFToday!

I have some VERY exciting news for NFToday super fans in the coming days/weeks. I'm not one to purposely promote FOMO... but you're not going to want to miss out! I think you're really going to like it!

Be on the lookout :)

Now, with mystery instilled, let's get on with the news!

In today's newsletter: 

  • Adult NFTs?

  • The Reject of $2,000

  • Ethereum Options?

Adult NFTs?

Very well-known Twitch Streamer, Amouranth, has announced a recent partnership with Shush Club, a new blockchain based rival to Only Fans!

Well let me just say...

I predicted something like this weeks ago:

Regardless of your opinions on the Only Fans platform and its creators, an NFT-based platform like this is an ABSOLUTE NO BRAINER...

Women like:

  • Corinna Kompf

  • Bella Thorne

  • Bhad Baddie

  • Amouranth

…have all recorded million-dollar months from selling images and videos of themselves.

Images and videos? Sounds like a perfect opportunity to turn them into NFTs! 

While I'm much of a consumer within this space, I am excited to see what they accomplish and how exactly they intend to go about this!

Psychological Levels be like:

As expected, Ethereum rejected the $2,000 psychological level!

Yet, the bearish price action looks eerily similar to the currency's previous $1,750 rejection level (as indicated by the image above).

If history repeats itself, ETH will be launching through $2,000 with ease!

While it's not guaranteed, it is interesting to speculate, especially when price action is trading at such a prominent level!

Pray for the best, frens!

ETH options?

While we're on the topic of Ethereum, CME Group (the world's leading derivatives marketplace) has officially announced its integration of Ethereum options ahead of the Merge!

For those who are unaware of what stock options are, here's the "simple" rundown:

Option Alpha describes an option contract as,

"An options contract is an agreement between a buyer and a seller that gives the buyer the right, but not the obligation, to buy or sell a specific asset at a specific strike price on or before a specific expiration date."

Don't worry if it sounds confusing; you're not alone! Yet, the point I'm trying to get at here is that options are VERY high risk, high reward for traders who don't exactly know what they're doing (aka degens).

Volatility on these contracts is VERY sensitive. Depending on the contract and amount, these bad boys can move hundreds, even thousands of dollars in a matter of seconds.

This, combined with the Volatility of Ethereum, could be a unique duo. 

If you want to learn more about options, how they're traded, and more, Option Alpha has a free course you can check out here: 

https://optionalpha.com/dashboard (not an affiliate link). 

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DISCLAIMER

Nothing mentioned above is financial advice, this newsletter is created for nothing more than entertainment purposes!