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Bitcoin could hit $100K within a year, the CEO of crypto lending firm Nexo has predicted.
Antoni Trenchev told CNBC he thinks the world’s biggest cryptocurrency can surge above $100,000 “within 12 months.”
He said that BTC could fall in tandem with traditional financial markets as the Federal Reserve unwinds its massive stimulus policy. But eventually, a “crash” in stocks could force to the Fed back into easing, he said.
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3KToKp1
✔ Russian Crypto Bill Finalized: https://bit.ly/37ZczYX
✔ Bitcoin Whales HODL $280B in BTC: https://bit.ly/3vrtz2a
✔ $100K Bitcoin Prediction: https://cnb.cx/3rykKT0
🔴 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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Three Examples of the Future of the Metaverse
For those of us whose lives are centered around technology, the Metaverse is an intriguing concept. What will it look like? How will we communicate with others in this new world? The future of the metaverse is a work in progress, but we can already envision it. While we’re not quite there yet, there are many possibilities for what it might look like. Here are three examples that could help us make our way toward the metaverse.
Facebook: The idea of a digital reality game is not new. Many young people spend hours playing games like Fortnite and Roblox online. The founder of Fortnite, Sebastien Borget, says that Facebook will become a virtual app store and control the creation of content. However, the tech giant is not the only company thinking about the possibilities. Other popular virtual worlds such as Microsoft Minecraft have similar possibilities for players. The Sandbox even has a complex cryptocurrency-based economy.
Cryptogames: Blockchain-based apps and games allow users to build and own virtual land. These virtual worlds can also offer rewards for participating in contests or games. Popular metaverses include SecondLive, Decentraland, and Axie Infinity. The latter uses Ethereum blockchain to create the metaverse. Using a non-fungible token called an ‘Axie’, users can earn and spend in the virtual world.