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The CEO of centralized finance platform Celsius Network (CEL) is predicting a six-figure price for Bitcoin (BTC) later this year.

In a Kitco News interview, Celsius head Alex Mashinsky says that Bitcoin will surge above $100,000 before the end of 2022 if it can overcome several key psychological resistance levels.

“I think we’re definitely going to hit all-time highs. All-time highs are not that far from where we are, it’s $67,000. And the question we don’t know is what happens afterward. How much resistance we’re going to have at $70,000, $80,000, $90,000. I think we are going to break $100,000.”

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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/38NdKLz
✔ Terra Gifts Another $880M to Luna: https://bit.ly/3xLRoEX
✔ Elon Musk Offers to Buy Twitter for $41B: https://bit.ly/3jI19vm
✔ $100K Bitcoin Prediction: https://bit.ly/3rvB1It

🔴 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?

“The metaverse” is a relatively new concept in tech. As its development continues, technology related to the concept will continue to advance. There are plenty of questions surrounding “the metaverse,” though. The concept has a vague definition and the exact boundaries of this all-encompassing digital space are unknown. Its scope is simply to connect everything. That said, the concept has the potential to revolutionize the way we interact with one another. If you’re looking for a way to connect your virtual world with your real life, read on!

The metaverse is a virtual space outside of our physical realm where users can participate in a variety of activities. A metaverse could be a huge, immersive virtual reality game. Users could also participate in location-specific digital content, accessed via mobile devices such as smart phones. If this were true, then it would allow people to engage in a wide variety of new activities in virtual worlds. The idea of an expanded cyberspace is exciting, but it should not be taken literally.

Microsoft has adapted existing technologies for the metaverse. It has a service called Mesh, which allows users to enter augmented reality environments without a virtual reality headset. Microsoft also plans to integrate its Microsoft Teams communication platform into the metaverse, making it even more immersive for remote workers. Roblox is another company creating integrative virtual experiences for gamers. The company has invested $10 billion into the project this year. Its mission is to expand into adult gaming.