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Futures Market News, April 2nd: 1. WTI crude oil futures trading volume was 1,164,145 lots, a decrease of 187,338 lots from the previous trading day. Open interest was 2,040,107 lots, an increase of 9,137 lots from the previous trading day. 2. Brent crude oil futures trading volume was 205,539 lots, a decrease of 8,002 lots from the previous trading day. Open interest was 294,142 lots, a decrease of 3,848 lots from the previous trading day. 3. Natural gas futures trading volume was 393,392 lots, a decrease of 94,049 lots from the previous trading day. Open interest was 1,529,233 lots, an increase of 14,725 lots from the previous trading day.April 2 - Euro Stoxx 50 futures fell to 2.0%, German DAX futures fell 1.9%, and FTSE 100 futures fell 0.8%.April 2nd, Futures News: Economies.com analysts latest view: Spot gold has retreated in recent intraday trading, mainly due to the strong resistance at the key $4700 level, thus partially releasing overbought pressure on the Relative Strength Index (RSI), especially against the backdrop of gradually emerging negative signals. This pullback is also a process of price attempting to rebuild positive momentum, preparing for a potential continuation of the bullish trend. Spot gold is benefiting from dynamic support, currently trading above the 50-day EMA, which further solidifies the stability of the short-term bullish corrective wave.April 2nd, Futures News: Economies.com analysts latest view: WTI crude oil futures have risen sharply in recent intraday trading, finding support at the EMA50 moving average. This support has provided significant positive momentum, driving this rally. The bullish trend dominates in the short term, with prices moving along the support trendline, further solidifying the bullish direction. We also note a positive signal from the Relative Strength Index (RSI), forming a positive divergence, which further strengthens the bullish momentum and supports the possibility of continued gains in WTI crude oil futures in the short term.April 2nd, Futures News: Economies.com analysts latest view: Brent crude oil futures have surged in recent intraday trading, returning above the main short-term bullish trendline, indicating a market recovery. This move occurred after the price broke through the EMA50 moving average, successfully removing previous negative pressure and increasing the likelihood of further gains. Meanwhile, the Relative Strength Index (RSI) has released a positive signal after being deeply oversold, providing strong support for this rebound.

As Official Crypto Exchange Partner of the Grammys

Cory Russell

Apr 01, 2022 10:37


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Binance has signed on as the Recording Academy's first official cryptocurrency exchange partner.


Binance will be sought out by the Recording Academy to spearhead Web3 efforts.


Binance's collaboration with the Recording Academy is the latest in a series of K-Pop collaborations aimed at increasing fan interaction.


Binance, one of the most popular cryptocurrency exchanges, was in the news again today. Despite recent clashes with regulators in a number of locations, Binance continues to push the crypto envelope.


To raise brand exposure, cryptocurrency exchanges have targeted mainstream events. eToro, FTX, Coinbase, and Crypto.com were featured in Super Bowl LVI in February, with the crypto exchanges purchasing half-time ad time.

Binance Sponsors the Grammys in the US

Binance became the Recording Academy's first-ever official crypto exchange partner today, according to news reports. The Grammy Awards, the only peer-recognized music honor, are organized by the Recording Academy.


Binance and the Recording Academy will apparently use Web3 to boost music fan engagement, as revealed by the Recording Academy on Twitter.


The Grammy Awards attracted only 8.8 million viewers in 2021, down from 18.7 million in 2020.


The previous low was 17 million in 2006, according to the New York Times. Staples Corner, currently known as Crypto.com Arena, hosted the event in 2021.


Similar trends have been observed in other broadcast award shows and significant athletic events.


While viewership for Super Bowl LVI dropped to a 15-year low, crypto exchanges experienced a surge in visitors shortly after their commercials aired. Binance is looking for the same thing.


Web 3 is not new to the Recording Academy. The Academy and Tezos-based NFT platform OneOf struck a three-year contract in November.


After forming relationships with K-Pop, Binance supports the Grammy Awards.

Music Industry and Global Fan Base Binance

Binance and KStarLive announced the release of "THE SHOW FanBox NFT Collection" in late 2021.


THE SHOW FanBox NFT Collection was FEATURED's first K-Pop performance NFT release. Binance's innovation arm, FEATURED, is a non-custodial, on-chain NFT platform.


SM Brand Marketing and YG Entertainment have also developed strategic collaborations with Binance.


Binance and SM Brand Marketing are working together to create a global Play-to-Create (P2C) ecosystem. Users will be able to generate content and items such as games, music, dance, and merchandise that can be converted into NFTs using P2C.


YG Entertainment, a K-pop label, and Binance are collaborating to build Metaverse, NFT, and gaming options.


Binance provides K-Pop with a worldwide platform for fan retention and engagement.


Binance will be looked to by the Recording Academy to spearhead similar projects in order to keep the Grammys at the forefront of the music business.


The 2022 Grammy Awards will be held on April 3 in Las Vegas.