Latest news with #Kusama
Yahoo
6 days ago
- Business
- Yahoo
Polkadot Price Prediction - What could affect DOT's future price?
Polkadot price prediction hinges on network upgrades, ecosystem growth, and broader market trends. While mixed signals persist, cautious optimism remains. 1. Upcoming tech upgrades like Elastic Scaling and JAM protocol may boost utility. 2. High staking rates (55% of supply) reduce sell pressure but limit liquidity. 3. Regulatory delays (e.g., SEC's ETF decision) and altcoin market sentiment pose risks. Elastic Scaling: Finalized on Kusama and slated for Polkadot, this upgrade allows dynamic resource allocation for parachains, improving throughput and attracting developers. Combined with Agile Coretime (on-demand blockspace), these could drive demand for DOT as a utility token. JAM Protocol: A proposed hybrid of Polkadot and Ethereum's tech stack aims to enhance compatibility and scalability, potentially expanding Polkadot's use cases. 5M DOT Ecosystem Fund: Targeted at projects like Hydration, this could spur innovation and adoption, mirroring past growth phases. Interoperability Race: Polkadot's shared security model competes with Cosmos' IBC and Ethereum's L2s. While Polkadot's 143K TPS (Kusama) and 173 Nakamoto coefficient highlight technical strength, rivals like Solana and Ethereum dominate developer mindshare. Staking Dynamics: With 55% of DOT staked, the token's inflation rate (fixed at 120M DOT/year) is partially offset, but high staking yields (11.5%) may deter short-term trading liquidity. Key Levels: Immediate resistance at $4.61 (May 28 high); a breakout could target $5.35 (Fibonacci 23.6%). Support at $3.83 (swing low) is critical—failure here risks a drop to $3.24. Bearish Signals: MACD histogram (-0.0739) and RSI (44.43) suggest weak momentum, but a bullish inverse head-and-shoulders pattern on weekly charts hints at a potential reversal. Polkadot's price trajectory hinges on successful upgrades, staking retention, and overcoming regulatory hurdles. While technicals lean bearish short-term, ecosystem growth and developer adoption could fuel a mid-term rebound. Will June's Elastic Scaling rollout catalyze the breakout traders are anticipating? Traders are cautiously bullish on Polkadot (DOT) short-term due to technical setups, while long-term holders focus on ecosystem upgrades like Polkadot 2.0 and potential ETF catalysts. Polkadot price prediction depends on whether these bullish catalysts can overcome broader market uncertainty and regulatory headwinds. 1. Bullish technical patterns: Falling wedge breakouts and $4.30–$4.37 support retests dominate trader discussions. 2. Ecosystem momentum: Polkadot 2.0 upgrades (elastic scaling, Agile Coretime) and 143K TPS on Kusama fuel developer optimism. 3. Mixed price projections: 2030 targets range from $3.39 (bearish) to $95 (bullish), reflecting high uncertainty. Short-term traders (X/Twitter, Binance) are eyeing $4.61–$5.30 resistance breaks, citing bullish patterns like falling wedges and inverse head-and-shoulders. However, DOT's 15% weekly drop (to $4.18) and declining active addresses (-8.5% 24h) temper enthusiasm. Long-term holders highlight Polkadot's 55% staking rate and zero Relay Chain downtime since 2020 as fundamentals justifying accumulation. Technical setups: Multiple traders shared entries near $4.50–$4.76, targeting $5.35–$6.10 if resistance breaks. Bearish alerts note DOT's struggle below the 20 EMA, risking a drop to $3.24. Polkadot 2.0: Elastic scaling (live on Kusama) and Agile Coretime are seen as game-changers, enabling dynamic resource allocation and replacing parachain auctions. ETF delays: The SEC's extended review of 21Shares' Polkadot ETF has muted bullish momentum, though analysts like Solberg Invest still target $22–$25 post-$12 breakout. X (Twitter): Dominated by TA-focused accounts sharing leverage long setups (e.g., '$4.48 SL, $4.85 TP'). Developer forums: Highlight JAM protocol upgrades and cross-chain integrations like Moonbeam's Ethereum-Substrate wallet compatibility. Retail communities: CoinMarketCap posts split between 'DOT to $50' hype and skepticism over Solana's rising developer traction. Polkadot's narrative balances technical momentum against macroeconomic hesitations, with June's elastic scaling rollout and ETF updates likely deciding its next major move. Can DOT's infrastructure upgrades offset altcoin market headwinds in H2 2025? To get the latest update on DOT, visit our Polkadot currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Times
15-05-2025
- Entertainment
- New York Times
Fine Jewelry Inspired by Centuries-Old Paintings at the Met
Venice's Hotel Cipriani Gets a Glamorous Renovation by Peter Marino Since it opened in 1958, Venice's historic Hotel Cipriani — set away from the crowds on Giudecca Island, with great views of the floating city and its waterways — has long been a paragon of life well lived, the sort of place where you might've seen creative luminaries like Sofia Loren, Catherine Deneuve and Yves Saint Laurent hanging around. But like all good old hotels, the 67-room property eventually needed a refresh, one that reflected Venice's more contemporary architectural and artistic character and a new era of luxury; as far as its owners at Belmond saw it, the person to do that was the Queens-born architect Peter Marino, who first started renovating projects in Venice some three decades ago. 'You see pictures of Gloria Guinness at the hotel, her hair teased up past heaven, and I wanted to get that feeling here of almost impossible glamour,' he says. 'It's not palazzo glamour or old Venetian glamour but a very 1960s look.' Indeed, unlike many of the city's other esteemed hotels, this one was installed not into a former palace but was built from the ground up, with squarer proportions that Marino wanted to loosen up with graphic midcentury paintings by the likes of the Italian American artist Conrad Marca-Relli and handblown Venetian vanity mirrors. Although he kept the handsome original lobby intact — 'Over 50 people grabbed my arm in town and said, 'Please don't change it,'' he says — Marino will fully reconceive the interiors during the off-season over the next few years. The first phase of it, including a new airy, double-height lobby and 13 suites that feature lots of glass and gold-toned detailing, will open May 27, just in time for summer. 'I'm not doing walls of brocade,' he says, 'but hopefully people in Venice will think it's hip.' From about $2,000 a night, The Abstract Work of Two Pioneering Japanese Artists, on View in New York 'Atsuko Tanaka, Yayoi Kusama,' a recently opened exhibit at Paula Cooper Gallery in Manhattan's Chelsea neighborhood, features a selection of works on paper and canvas by the two Japanese artists. They're from the same generation — Kusama was born in 1929, Tanaka in 1932 — and both 'hit their stride with abstract painting using repetitive motifs,' says Anthony Allen, a partner at the gallery who organized the show, but 'they likely never met.' Kusama, who is famous for her polka dots and weblike 'Infinity Nets' series, arrived in New York's downtown art scene in her late 20s, whereas Tanaka, who fixated on circles and lines (which were prominent shapes in her 1956 'Electric Dress' performance), stayed in Japan and became a core member of the avant-garde Gutai movement. Both used performance, textiles and installations in their oeuvres and 'dealt with similar obstacles,' Allen says. By showing Tanaka and Kusama together, he hopes to 'dislodge each artist from the context in which they're usually presented.' On display are several of Kusama's early career pieces, including one of her lesser-known sticker collages, and a broader selection of Tanaka's works spanning 1956 through 2001. The show also includes three short films — two of Tanaka's, one of Kusama's — and a series of documentary photos that capture each artist at work. 'Atsuko Tanaka, Yayoi Kusama' is on view through June 14, The Jewelry Designer Reimagining Renaissance Accessories For the Los Angeles jewelry designer Jess Hannah Révész, a stroll through the painting galleries at New York's Metropolitan Museum of Art is a treasure hunt. Where some might linger over the blue silk dress in Jean-Auguste-Dominique Ingres's 'Princesse de Broglie' (1851-53), Révész zooms in on the subject's stack of gold rings. One of these, a weighty band like coiled rope, has now been reimagined in wearable form as part of a new J. Hannah jewelry collaboration with the Met. 'I've always taken inspiration from the past,' says Révész, who previously created a capsule collection for the museum focused on the Egyptian pharaoh Hatshepsut. In addition to the Princesse ring — offered in brushed 14-karat gold or polished silver, as well as a hoop earring version — Révész has reinterpreted jewelry from three additional masterworks. 'Judith With the Head of Holofernes' (circa 1530), Lucas Cranach the Elder's dressed-up take on the biblical tale, sees the heroine in a gilded collar decorated with tiny pearls, one of which Révész transposed onto her Quatrefoil pendant. The pile-up of rings in 'Portrait of a Woman of the Slosgin Family of Cologne' (1557), by Barthel Bruyn the Younger, manifests as two designs: the dainty two-gem Diptych and the Quatrefoil, available as an engravable signet or with a single rectangular stone — 'unisexy,' the designer quips. Hans Memling's wedding portraits of Tommaso and Maria Portinari (circa 1470), who are shown with hands clasped in prayer, inspired J. Hannah's Devotion rings, with puffy gold bands and one or two prong-set stones. The pieces in the collection are made to order with era-appropriate carnelian cabochons or faceted sapphires. Révész added recycled diamonds as a third option — for fun, she says. 'That was a me thing.' The Subjects of Adornment collection launches May 25; from $440, The Musician Swamp Dogg Collects Recipes and Memories in a New Book When his peers were playing football, Swamp Dogg — the 82-year-old singer, songwriter and producer — was in the kitchen. 'The first thing I remember is wanting to lick the bowl,' says the man formerly known as Little Jerry and born Jerry Williams Jr. That early appetite finds new expression in 'If You Can Kill It I Can Cook It,' a cookbook that he started drafting in the 1970s and whose publication now coincides with the release of a documentary on his life. Swamp Dogg shares childhood recipes, all of which he's given playful names — T-Bone (Steak) Walker, referring to the blues musician, and the Devil Went Down to Georgia for Eggs, a nod to the 1979 country song — in tribute to the fellow artists, record executives and family members who have shaped his life. 'Mostly good things, good times and good people that I've met,' he says. 'At least two were complete downers.' The recipe for Bo-Diddley Baked Beans, for instance, is sparse and short on seasonings, reflective of his unfriendly meeting with the singer that Swamp Dogg recounts in the headnotes. Old photos and archival materials — concert fliers, newspaper clippings and even a Cadillac registration — are interspersed with Swamp Dogg's writing, making the book more of a visual autobiography or scrapbook than a standard cookbook. The musician hopes it will influence others to live with the same sense of purpose and creativity, in the kitchen and beyond. 'When I'm cooking, just like when I'm making music, I'm in my own little world,' he says. 'If You Can Kill It I Can Cook It' will be released May 20; $45, Curvy, Colorful Furniture, on View for New York's Design Week Hundreds of events are scheduled during this year's NYCxDesign Festival, which takes place throughout the city from May 15 through 21. A number of exhibitions highlight colorful, curvilinear pieces that feel apt for spring. At TriBeCa's R & Company gallery, the Santa Barbara, Calif.-based ceramic artist Jolie Ngo is showing vibrant 3-D-printed lamps that resemble psychedelic trees, as well as mirrors and side tables made from plastic in addition to her usual medium of extruded clay. The London-based designer Faye Toogood has installed her hand-painted pieces across two galleries: at the Future Perfect's West Village townhouse, furniture includes a quartet of raw fiberglass dining chairs, each one splashed with gestural brushstrokes, while Tiwa Select, in TriBeCa, features lighting crafted from wrought iron and crumpled paper adorned with fluid line drawings done in Japanese ink. At the New York designer Danny Kaplan's recently opened showroom in NoHo, the collection on display includes the whimsical resin Divot mirror, a collaboration between Kaplan and the interdisciplinary designer Joseph Algieri that's lined with bonbon-like spheres. And in a Sutton Place penthouse, Galerie Gabriel presents an exhibition that reconvenes pieces from the 1980s by the designers who were once represented by the pioneering gallery Néotù — one standout is Elizabeth Garouste and Mattia Bonetti's red velvet-and-bronze Corbeille sofa, which debuted in 1989. A Luxury Resort Opens on a Low-Key Greek Island The Cycladic island of Folegandros is often described as what Santorini must have felt like 50 years ago — a collection of whitewashed cliff-top villages overlooking the Aegean Sea where a visitor might get swept up in a festival spilling into the main square. The island has no airport, and much of its land is classified as a protected forest. But its relative remoteness has also meant that there aren't many places to stay, and the existing small hotels book up quickly, which is why island-hoppers are so excited about Gundari, Folegandros's first luxury hotel. After a soft opening last summer, the 30-room property is now complete with a trio of new villas and a three-seat wine bar with a picture window overlooking the ocean. Rising from the copper-red cliffs on the southeastern coast of the island, the resort is designed to reflect its surroundings, with unpolished marble floors and an earthy palette. Each of the rooms has a pool that's solar heated, and over 600 indigenous seedlings, including olive and fig trees, were planted on the 100-acre property. On-site, guests can visit the subterranean spa for facials and massages, wade to the sunken swim-up bar, then sample produce from the hotel's organic farm at Orizon restaurant. But they're encouraged to explore Folegandros by borrowing one of Gundari's electric bikes or the electric Mini Moke to visit churches and coves, chartering the speedboat for a sunset sail or hiking the 35 miles of trails. Still, the highlight of a trip just might be a visit to Chora, the capital village two miles from the resort, to soak up the ambience or take a cooking class with Yia Yia Irene, the owner of Irene's Restaurant, which has fed the island for over 70 years. Rooms from $540 a night, The Chiffon Cake Is Standing Tall Again
The Guardian
14-04-2025
- Entertainment
- The Guardian
Yayoi Kusama: why this 96-year-old artist's show is the most popular in Australian history
The National Gallery of Victoria's Yayoi Kusama has become the best attended ticketed art exhibition in Australian history, with 'easily more than half a million people' visiting the 96-year-old Japanese artist's show in four months. On Monday the Victorian premier, Jactina Allan, announced the milestone by saying that the NGV's exhibition had 'brought five MCGs worth of visitors to the heart of Melbourne' – or more than 480,000 people since it opened in December; about 40% were from interstate or overseas. This smashes a record the NGV set in 2017 with its exhibition Van Gogh and the Seasons – which was visited by 462,262 people. But the curator of Yayoi Kusama, Wayne Crothers, the NGV's senior curator of Asian art, tells the Guardian that that figure will 'easily' surpass 500,000 by the time it ends on 21 April; in the show's final days, the NGV is extending its opening hours to midnight so any stragglers – or repeat fans – can see it before it shuts. 'We were thinking, will it get to 500,000, maybe just? But we know now it will well surpass that,' Crothers says. Why has Yayoi Kusama been such a huge success – even amid a cost-of-living crisis, when people are pickier than ever about what art they'll pay for? Kusama is among the world's most famous living artists, and is indisputably the world's top-selling female artist – so part of it is down to her reputation. But undeniably some of the interest in the exhibition stems from the sheer visual appeal of Kusama's colourful, often deceptively cheerful-looking work; ever since the NGV exhibition opened, children have been drawn to her giant 'dancing pumpkin' in the gallery's foyer (which will have a permanent home at the NGV once the show ends) and the multiple rooms filled with spotty, inflatable noodles. 'I have observed and overheard a lot of people say they are not usually gallery visitors, but they came because of the interest it was inspiring in people they knew,' Crothers says. Even with her dark inspirations – oblivion, death, sex, war – the recurring symbols Kusama uses, such as flowers, polka dots and pumpkins, are irresistible to children, which means she can draw in families. Her incredibly selfie-friendly body of work also attracts young people who may bring their friends – and sometimes even return with their parents. (Even Dua Lipa couldn't resist a selfie while in town.) 'Traditionally it has worked the other way – the older generations often bring in the young people who are less likely to regularly go to galleries. We've seen the opposite here,' says Crothers. 'Then the people who found it emotional and special have come back for second visits. Some people thought, 'Oh the grandkids will love this', and came back with them. So there has been a snowballing effect, which has brought us an audience which is very different from our norm – that is a great thing.' And then there are Kusama's kaleidoscopic 'infinity rooms', mirror-lined spaces that use reflections of light to evoke a dizzying sense of the cosmic. These are perhaps what she is now most famous for, in the Instagram era; the NGV had to introduce a queueing system and a brisk 30 to 40 second time limit to manage the huge public appetite, with each room also having its own gallery attendant to explain the rules and move people along. There is a way to get longer inside a Kusama infinity room: one couple held their wedding at the NGV and had their photos taken inside one. Sign up for the fun stuff with our rundown of must-reads, pop culture and tips for the weekend, every Saturday morning Some art critics have been a bit sniffy about Kusama's mass appeal – the New York Times once wrote that her 'sometimes blandly decorative installations' were 'the art world's equivalent of Star Wars premieres'. But what is the point of being a snob when she can bring in crowds bigger than this year's Formula One Grand Prix? (That's 405,000 tickets, if you're wondering.) 'When the first impressionist show opened in 1870, art buffs were snobbish about it being commercial and for the common masses,' Crothers says. 'But innovation is not really understood by the mainstream of the moment. People are critical of new things they don't want to understand. The criticism of the pop artists in the 1970s – people said, 'this isn't art'. It's repeated all through history, and probably denotes something as pushing the boundaries.' 'It's a compliment!' he adds. 'If people say, 'I think it's just crass populism' – why shouldn't art be enjoyed by the general masses?'
Yahoo
09-03-2025
- Business
- Yahoo
Shiba Inu burn rate surges as Shytoshi Kusama says SHIB ETF is ‘one step closer'
The Shiba Inu (SHIB) community has ramped up its efforts to reduce the token's circulating supply, with the latest data showing a staggering 5,440.85% increase in the daily burn rate. According to Shibburn, 40 million SHIB tokens were burned in the last 24 hours, fueled by two large transactions that sent over 32.8 million SHIB to dead wallets. Shibburn reports that a total of 13 million SHIB and 20 million SHIB were burned in separate transactions. Over the past week, 140 million SHIB tokens have been destroyed, marking a 10.45% weekly surge in the burn rate. This spike in burns has intensified speculation about a potential Shiba Inu ETF (SHIB ETF) following news that Bitwise Asset Management has applied for a Dogecoin (DOGE) ETF. This comes as Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, expressed optimism about the prospects of a Shiba Inu ETF in light of the DOGE ETF filing. "An ETF for SHIB is now one step closer due to the approval of Ethereum's ETF. This is a significant milestone for both ETH and SHIB," Kusama told The Shib Daily. The New York Stock Exchange Arca (NYSE Arca) filed a 19b-4 proposal on March 3, aiming to list and trade shares of the Bitwise Dogecoin ETF. If approved by the U.S. Securities and Exchange Commission (SEC), the ETF would provide regulated exposure to DOGE for retail and institutional investors. The DOGE ETF will operate on a cash-based system, meaning investors cannot directly deposit or withdraw Dogecoin. Coinbase Custody will serve as the custodian, while Bank of New York Mellon (BNY Mellon) will handle administration, record-keeping, and cash holdings.
Yahoo
06-02-2025
- Business
- Yahoo
Shiba Inu burn rate drops 50% — analyst predicts 300% surge by May
Shiba Inu's burn rate has declined by 50% in the past 24 hours, with over 7.5 million SHIB permanently removed from circulation. Despite the slowdown, SHIB is outperforming major meme coins like Dogecoin, Pepe, and Bonk, surging 4% to $0.00001586 in the past 24 hours. At the time of writing, Shiba Inu's total burned supply stands at 410.74 trillion SHIB, while the max total supply is 999.98 trillion SHIB. The total circulating supply remains at 589.25 trillion SHIB. Shiba Inu's latest price rally comes as the Ministry of Energy and Infrastructure (MoEI) of the United Arab Emirates (UAE) partners with the Shiba Inu ecosystem. Shytoshi Kusama, lead visionary of Shiba Inu said, 'We're thrilled the Ministry sees Shiba Inu as a cornerstone for next-generation infrastructure. This partnership showcases the power of Shiba Inu in delivering groundbreaking solutions.' On Jan. 26, Kusama, the pseudonymous leader of the Shiba Inu ecosystem, announced that he is stepping down from his role as lead visionary. Kusama will now serve as the project's lead ambassador. Pseudonymous crypto analyst Jaibrah sees Shiba Inu poised for a massive breakout: 'SHIB is presenting a great risk-to-reward ratio and is going to pump 300% within the next 3 months once it breaks out of the falling wedge pattern and reaches its price target of $0.000033.' Meanwhile, Finbold's AI prediction tool forecasts that Shiba Inu will trade at $0.00001952 by February 28, reflecting an 18.6% gain from its current price of $0.00001646. Token burning is a process where a certain amount of cryptocurrency is permanently removed from circulation, reducing the total supply. This is done by sending tokens to an inaccessible wallet, known as a burn address, which nobody can access. The idea behind burning is to create scarcity, which, in theory, increases the value of the remaining tokens by making them more limited. Sign in to access your portfolio
