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A widely followed crypto strategist is predicting the upcoming Christmas holiday will bring a Bitcoin rally.
The pseudonymous analyst Kaleo tells his 552,400 Twitter followers that a festive rally is in store for the king crypto (BTC) because no one is expecting it as the hash rate remains strong.
“Santa rally [season] begins soon.”
He says since the majority of sentiment is predicting a collapse, the odds are the opposite will take place.
“My entire timeline is ready for a complete collapse to a lower range. When the majority of the timeline agrees on something, they’re usually wrong.”
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Show Notes / News Resources:
✔ SBF $250M Bail Reactions: https://bit.ly/3hLBHb7
✔ Brazilian President Signs Crypto Bill Into Law: https://bit.ly/3vidc8k
✔ One Catalyst Will Ensure BTC Performs Well: https://bit.ly/3WDpdkr
✔ Bobby Lee Forecasts When Bull Market Will Return: https://bit.ly/3Vq8WhH
✔ Do Kwon Cashes Out Some Of His Stolen Bitcoin: https://bit.ly/3BTgmmH
✔ Analyst Says Bitcoin Christmas Rally Imminent: https://bit.ly/3PR24sF
🔴 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.
#bitcoin #crypto #bitcoinnews #btc #cryptocurrency
The Metaverse and Cryptocurrency
The metaverse is the next digital frontier. It is a persistent, decentralized digital realm. Users inhabit their own spaces, connect to games, and hang out with others. They can learn, buy, sell, or create.
While the concept of the metaverse has been around for years, the advent of virtual reality and cryptocurrency in the past year has heightened its profile. A number of metaverse projects have gained attention.
One such project is the Sandbox, which is backed by tech investors and gaming brands. The Sandbox has its own blockchain-based ecosystem, and it provides powerful tools for developing virtual worlds.
Another project, called Star Atlas, allows users to explore an expansive universe. Players can build their own spaceships and factions, and even customize their experience.
There are also some more recent metaverse games, like Axie Infinity. These are fantasy games from developers Sky Mavis.
Currently, the metaverse is mostly composed of videogames. Players interact with virtual worlds through avatars. This allows for free movement and speech.
Whether gamers or non-gamers, the metaverse promises to offer a world of possibilities. Metaverses are expected to be a new content medium, and it is likely that it will generate trillions in value.
As a result, companies involved in the metaverse will play an important role in building the infrastructure. However, the real promise of the metaverse lies with the users.
Many of the projects on the metaverse are still in development. Some, such as RFOX, are focusing on community experiences. Others, such as Microsoft, are attempting to create a shared virtual world.
