Binance CEO Changpeng Zhao (CZ), has made a bold Bitcoin prediction after China’s Central Television (CCTV) aired coverage of crypto, describing it as a “big deal” that could lead to a bull run in the market. The BTC coverage included an announcement from the Hong Kong Securities Regulatory Commission stating that a mandatory licensing system for virtual asset trading platforms would be implemented from June 1st.
⚡ Bitcoin Lightning Address: firstname.lastname@example.org
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01:41 Market Watch
02:50 Bitcoin T.A.
06:00 Bitcoin Mining Difficulty Exceeds 50T for the First Time
08:07 Tether (USDT) market cap breaks ATH
11:20 Crypto*com joins ranks of licensed payment institutions in Singapore
13:56 Gemini to seek UAE crypto license
16:18 “Bitcoin Will Do Another 15X” – Binance CEO
21:45 Live Q&A
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://tinyurl.com/23ma9vaw
✔ Bitcoin Mining Difficulty Exceeds 50T for the First Time: https://tinyurl.com/yeyuhn75
✔ Tether (USDT) market cap breaks ATH: https://tinyurl.com/2ajy8mv9
✔ Crypto*com joins ranks of licensed payment institutions in Singapore: https://tinyurl.com/3nseh569
✔ Gemini to seek UAE crypto license: https://tinyurl.com/237t8dbj
✔ “Bitcoin Will Do Another 15X” – Binance CEO: https://tinyurl.com/mryp77js
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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What is the Metaverse?
Metaverse is a three-dimensional virtual world that people can use to shop, socialize and work together. It’s a massively scaled, interoperable platform that merges with the physical world, and it’s fully immersive and persistent.
The technology underlying the metaverse is evolving at an unprecedented rate. Constant improvements in 3D graphics rendering, simultaneous location and mapping (SLAM), sensors and sensor fusion, edge computing and compute power, blockchain and high-speed broadband connectivity all enable more advanced experiences. These advances will lead to a more seamless, immersive experience that can be accessed by anyone with access to an Internet-enabled device.
Non-fungible tokens (NFT) are a key piece of the metaverse puzzle. Based on the same blockchain technology as cryptocurrency, these digital assets can represent anything from virtual sneakers to real estate in a specific metaverse environment.
In NFT-enabled lands, users can create their own avatars and build out communities. In addition, users can earn in-game currency by completing tasks or contributing content to those spaces. They can then spend this virtual currency in the metaverse or hold it until its real-world value climbs and they can sell it for a profit.
One no-regrets move is to get your organization acquainted with the metaverse and its capabilities. Find creative people within your business who draw for a living, and encourage them to experiment in the space. This will help your organization develop an understanding of the possibilities and how to leverage them. It will also allow you to tap into your employees’ creativity and curiosity so they can start building out a metaverse strategy for your business.