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CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, CRYPTIONY News
Bitcoin
on Thursday surged to its highest price in nearly a month, as traders bet on a U.S. inflation cooldown and digested news that lawyers for defunct crypto exchange FTX have found billions of dollars worth of assets.

The world’s largest digital currency climbed above $18,000 for the first time since Dec. 14, increasing in value by about 4% in the last 24 hours. Bitcoin was trading at $18,232.36 as of 8:50 a.m. ET Thursday morning, according to CoinMetrics data.

ETH, the native cryptocurrency that powers the smart contract-enabled decentralized Ethereum blockchain, is consolidating on Thursday near the $1,250 mark after posting decent gains in the first few days of this week. Indeed, despite now having pulled close to 2% lower versus Wednesday’s highs in the $1,270 area, ETH is still up about 4.0% this week, after mustering a clean upside break of both of its 21 and 50-Day Moving Averages on Wednesday.

In wake of the recent push higher, which seems to have been more technically driven amid a lack of any notable Ethereum-specific catalysts, short-term price predictions have become more bullish. However, macro headwinds could be a problem for the bulls, with Fed officials (in speeches and via Wednesday meeting minutes release) sounding hawkish and US labor market data (so far) coming in strong.

Cryptiony’s pricing in the UK is also highly competitive. It offers a free package that allows you to report 500 tax events and synchronizes every 24 hours. However, its most profitable plan, called Hodler, is still incredibly affordable at just £89 per tax year and is suitable for all small and medium-sized investors. Whales may want to use the Pro plan for £169 per tax year to enjoy unlimited tax events and synchronizations every three hours.
One of the biggest challenges companies face is that each country has different rules regarding cryptocurrency taxes. Cryptiony aims to adapt its solution to one country at a time, starting with the country with some of the most burdensome tax laws, the U.K.
The launch comes important UK’s growing cryptocurrency community. With self-assessment tax returns due by Jan. 31, Cryptiony appears just in time to provide investors with the support they need.
It’s free to join Cryptony and is now available to UK crypto investors. Visit their website for more information: cryptiony.com.

What is the Metaverse?

The Metaverse is a virtual reality world where users can play, interact with others, and buy and sell digital goods. It’s a place where people can gather, share ideas, and learn about new things.

There are three perspectives on the Metaverse: social, commercial, and technological. Companies involved in the Metaverse will play a role in building infrastructure and shaping the overall design of the Metaverse.

Facebook is one company that is actively looking to control the Metaverse. In fact, the social media company is planning to launch a series of metaverse units. This would set Facebook apart from other open source metaverses, and could help the social networking giant muscle in the world of digital commerce.

Unlike other open source metaverses, Facebook’s version will include a crypto wallet. The crypto wallet will incorporate the Diem stablecoin.

The Diem coin, while not yet included in Facebook’s monetization push, is a key component of the crypto wallet. Although the US government has blocked the Diem coin, it is possible that it may eventually be included.

Another major player is Microsoft. Several of the company’s games, including Call of Duty: Black Ops 4, are built on the Metaverse. One of these games, Star Atlas, allows users to explore a universe of possibilities. Players can choose their own spaceship and join factions.

The metaverse is a concept that was originally introduced by Neal Stephenson in his cyberpunk novel Snow Crash. Originally, the term was used to describe 3D virtual spaces. Today, the term is used to refer to a variety of immersive experiences, ranging from gaming to real estate.