Today we will be discussing congress voting to confirm Jarome Powell for a second term as Federal Reserve Chair and what that means for the economy going forward. Next we’ll look at the new Texas law that will allow for social media companies to be sued., and last we’ll talk about FTX’s Sam Bankman-Fried taking a $650M stake in Robinhood.
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts include Crypto Factor, Ragzy, Crypto Stache, & Andrew Mo. Tune in for their insightful crypto analysis!
Don’t forget to check out our guests’ socials!
Crypto Factor:
https://www.youtube.com/c/thecryptofactor
https://twitter.com/mcpauld
Ragzy:
https://www.youtube.com/channel/UCA3mraQS5oID2J1q-1wlKXQ
https://twitter.com/ragzyart
Crypto Stache:
https://www.youtube.com/c/CryptoStache
https://twitter.com/CryptoStache
Andrew Mo:
https://www.youtube.com/c/AndrewMoMoney
https://twitter.com/andrewmomoney
Intro music by Gregario Franco. Song – Nacht
https://gregoriofranco.bandcamp.com/
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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Facebook Will Support NFTs in the Future
Recently, Facebook CEO Mark Zuckerberg talked about the “metaverse” during his company call. He called Facebook a “metaverse company” and the social media giant’s new role as a metaverse company. While the term has been around for years, Zuckerberg started using it publicly only recently. Metaverse is a concept in which users can interact with digital and physical worlds in a multidimensional way. In addition, the metaverse could become a popular way to create virtual reality experiences.
Facebook CEO Mark Zuckerberg has been optimistic about the future of the metaverse, predicting that it could be as big as the mobile internet. The CEO has also teased that Facebook will support NFTs in the future, and earlier this week announced that it would invest $10 billion into Metaverse this year. Zuckerberg’s optimistic outlook is not the only one who has jumped on the metaverse bandwagon. Others in the crypto world, such as Raoul Pal, have expressed similar views.
Animoca Brands is a unicorn among metaverse companies. It has raised $810 million in the last two years. The company has partnered with metaverse VC specialist Liberty City Ventures, Winkelvoss Capital, Soros Fund Management, and Boyu Capital. In January alone, the company raised $360 million, resulting in a valuation of $5 billion. The company is poised to use this capital to further its mission of bringing people together through the power of virtual reality.
