{"id":539949,"date":"2023-06-27T18:30:03","date_gmt":"2023-06-27T18:30:03","guid":{"rendered":"https:\/\/wncen.com\/?p=539949"},"modified":"2023-06-27T15:54:24","modified_gmt":"2023-06-27T15:54:24","slug":"blur-up-by-11-following-this-announcement","status":"publish","type":"post","link":"https:\/\/wncen.com\/nft\/blur-up-by-11-following-this-announcement\/","title":{"rendered":"BLUR Up By 11% Following This Announcement"},"content":{"rendered":"

BLUR, the native token of the Blur NFT marketplace, saw a recent boost in its market price following a particular announcement.\u00a0 <\/span>According to data by CoinMarketCap<\/a>, BLUR has gained by 11.75% in the last 24 hours, emerging as one of the top gainers in today\u2019s market.\u00a0<\/span><\/p>\n

Looking at its price overview,\u00a0 BLUR has shown a rather mixed price movement in the last seven days, although resulting in an overall price gain of 12.43%<\/span><\/p>\n

However, the token\u2019s monthly chart data tells a different story, with BLUR losing over 26% of its value in the last 30 days. During this period, BLUR\u00a0 fell to its lowest price this year, trading as low as $0.297.\u00a0<\/span><\/p>\n

Listing Announcement Causes BLUR Market Surge<\/span><\/h2>\n

BLUR experienced a sudden hike in its price this morning, leading to the token trading around $0.43 for the first time since the beginning of the month.<\/span><\/p>\n

Related Reading: Bitcoin Holders Expect Retrace, Will BTC Move Against Crowd Once Again?<\/a><\/p>\n

Analyzing BLUR\u2019s price action, on-chain analytics platform Lookonchain has noted that BLUR\u2019s price gain appears to be due to a recent listing by a crypto exchange.<\/span><\/p>\n

According to Lookonchain\u2019s report<\/a>, BLUR\u2019s market price surged by over 27% after popular Asian exchange Upbit announced plans to list the token on its KRW market in the early hours of today.\u00a0<\/span><\/p>\n

Upbit is well-known as the first licensed digital exchange in South Korea.\u00a0 Established in 2017, the exchange serves over 10 million users, accounting for over 80% of the Korean exchange market.<\/span><\/p>\n

That said, it is worth noting that BLUR\u2019s price peaked at $0.43 following the announcement but has since been on a downtrend, losing about 12% of its value in the last seven hours.\u00a0<\/span><\/p>\n

At the time of writing, BLUR is currently exchanging hands at a price of $0.38 based on data from CoinMarketCap. Meanwhile, its daily trading volume hovers around $277 million, having gone up by 11.83%.\u00a0<\/span><\/p>\n

\"BLUR\"BLUR Trading At $0.380 | Source: BLURUSD Chart On Tradingview.com<\/a><\/pre>\n
Money Maker Conducts Puzzling Transactions Amidst BLUR\u2019s Price Boost<\/span><\/h2>\n
In other news, Lookonchain also spotted a rather \u201cunusual market behavior\u201d from prominent DeFi market maker Wintermute amidst the recent price boost in the BLUR market.\u00a0<\/span><\/p>\n
Related Reading: Robinhood To Lay Off 7% of Full-Time Staff In Latest Restructuring<\/a><\/p>\n
Wintermute reportedly received 10 million BLUR tokens – valued at $4.2 million – from Coinbase custody wallet and deposited these tokens on the Kraken exchange several hours before the BLUR\u2019s price hike occurred.<\/span><\/p>\n
The on-chain analytics platform also noted the market maker deposited 2.1 million BLUR – valued then at $895,000 – on Coinbase; however, after the price surge had happened.<\/span><\/p>\n
For now, Wintermute\u2019s intention following these transactions is unknown but appears to be drawing much attention, perhaps to the company\u2019s recent troubles.<\/span><\/p>\n
Three days ago, creditors of the defunct lending platform Celsius raised allegations against Wintermute,<\/a> stating the market maker collaborated with Celsius executives in a wash trading deal.<\/span><\/p>\n
Featured Image: NEWSVERGE, Chart From Tradingview.<\/div>\n","protected":false},"excerpt":{"rendered":"
BLUR, the native token of the Blur NFT marketplace, saw a recent boost in its market price following a particular announcement.\u00a0 According to data by CoinMarketCap, BLUR has gained by 11.75% in the last 24 hours, emerging as one of the top gainers in today\u2019s market.\u00a0 Looking at its price overview,\u00a0 BLUR has shown a rather mixed price movement in the last seven days, although resulting in an overall price gain of 12.43% However, the token\u2019s monthly chart data tells a different story, with BLUR losing over 26% of its value in the last 30 days. During this period, BLUR\u00a0 fell to its lowest price this year, trading as low as $0.297.\u00a0 Listing Announcement Causes BLUR Market Surge BLUR experienced a sudden hike in its price this morning, leading to the token trading around $0.43 for the first time since the beginning of the month. Related Reading: Bitcoin Holders Expect Retrace, Will BTC Move Against Crowd Once Again? Analyzing BLUR\u2019s price action, on-chain analytics platform Lookonchain has noted that BLUR\u2019s price gain appears to be due to a recent listing by a crypto exchange. According to Lookonchain\u2019s report, BLUR\u2019s market price surged by over 27% after popular Asian exchange Upbit announced plans to list the token on its KRW market in the early hours of today.\u00a0 Upbit is well-known as the first licensed digital exchange in South Korea.\u00a0 Established in 2017, the exchange serves over 10 million users, accounting for over 80% of the Korean exchange market. That said, it is worth noting that BLUR\u2019s price peaked at $0.43 following the announcement but has since been on a downtrend, losing about 12% of its value in the last seven hours.\u00a0 At the time of writing, BLUR is currently exchanging hands at a price of $0.38 based on data from CoinMarketCap. Meanwhile, its daily trading volume hovers around $277 million, having gone up by 11.83%.\u00a0 BLUR Trading At $0.380 | Source: BLURUSD Chart On Tradingview.com Money Maker Conducts Puzzling Transactions Amidst BLUR\u2019s Price Boost In other news, Lookonchain also spotted a rather \u201cunusual market behavior\u201d from prominent DeFi market maker Wintermute amidst the recent price boost in the BLUR market.\u00a0 Related Reading: Robinhood To Lay Off 7% of Full-Time Staff In Latest Restructuring Wintermute reportedly received 10 million BLUR tokens – valued at $4.2 million – from Coinbase custody wallet and deposited these tokens on the Kraken exchange several hours before the BLUR\u2019s price hike occurred. The on-chain analytics platform also noted the market maker deposited 2.1 million BLUR – valued then at $895,000 – on Coinbase; however, after the price surge had happened. For now, Wintermute\u2019s intention following these transactions is unknown but appears to be drawing much attention, perhaps to the company\u2019s recent troubles. Three days ago, creditors of the defunct lending platform Celsius raised allegations against Wintermute, stating the market maker collaborated with Celsius executives in a wash trading deal. Featured Image: NEWSVERGE, Chart From Tradingview.<\/p>\n","protected":false},"author":581,"featured_media":539955,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83565],"tags":[6132,10754,11587,88508,86862],"class_list":["post-539949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft","tag-blur","tag-listing","tag-upbit","tag-upbit-listing","tag-wintermute"],"acf":[],"yoast_head":"\nBLUR Up By 11% Following This Announcement<\/title>\n<meta name=\"description\" content=\"BLUR, native token of the Blur NFT marketplace, had seen a recent boost in its market price following a particular announcement.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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He is a big music fan with an interest in almost every genre. He can be described as a \u201cmusic nomad\u201d always ready to listen to new artists and explore new trends. Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination. He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society. In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come. His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry. Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.","sameAs":["https:\/\/www.linkedin.com\/in\/semilore-faleti-7a9046218","https:\/\/x.com\/https:\/\/twitter.com\/SemiloreFaleti"],"url":"https:\/\/wncen.com\/author\/semilorefaleti\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BLUR Up By 11% Following This Announcement","url":"http:\/\/wncen.com\/nft\/blur-up-by-11-following-this-announcement\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/nft\/blur-up-by-11-following-this-announcement\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bullish-2-scaled-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bullish-2-scaled-1.jpg?fit=2560%2C1707"},"articleSection":"NFT","author":[{"@type":"Person","name":"Semilore Faleti"}],"creator":["Semilore Faleti"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["blur","listing","upbit","upbit listing","wintermute"],"dateCreated":"2023-06-27T18:30:03Z","datePublished":"2023-06-27T18:30:03Z","dateModified":"2023-06-27T18:30:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BLUR Up By 11% Following This Announcement\",\"url\":\"http:\\\/\\\/wncen.com\\\/nft\\\/blur-up-by-11-following-this-announcement\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/nft\\\/blur-up-by-11-following-this-announcement\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/bullish-2-scaled-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/bullish-2-scaled-1.jpg?fit=2560%2C1707\"},\"articleSection\":\"NFT\",\"author\":[{\"@type\":\"Person\",\"name\":\"Semilore Faleti\"}],\"creator\":[\"Semilore Faleti\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"blur\",\"listing\",\"upbit\",\"upbit listing\",\"wintermute\"],\"dateCreated\":\"2023-06-27T18:30:03Z\",\"datePublished\":\"2023-06-27T18:30:03Z\",\"dateModified\":\"2023-06-27T18:30:03Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/bullish-2-scaled-1.jpg?fit=2560%2C1707","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/539949"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/581"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=539949"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/539949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/539955"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=539949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=539949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=539949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}