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The chief executive of crypto exchange Kraken says that he’s still very bullish on Bitcoin and that its improving fundamentals make it hard to bet against BTC.
In a new interview with Bloomberg Markets and Finance, Kraken CEO Jesse Powell says that he bought more Bitcoin when it was around $18,000, and hopes it will continue to climb even higher.
“I wasn’t expecting all this craziness in the macro environment, however, I’m still hopeful that I’ll be able to buy a Bugatti by the end of the year for one Bitcoin…
I’m still very bullish, I bought Bitcoin again at $18,000, so I’m happy to ride it all the way back up. I’m still very bullish in the long run, [its] fundamentals keep improving, so I would never bet against Bitcoin.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3K1CUEW
✔ Arthur Hayes Issues Ethereum Warning: https://bit.ly/3QQnGon
✔ Australia Crypto Spot ETF Approved: https://bit.ly/3dyPsY5
✔ Kevin O’Leary Says Crypto Regulation Coming: https://bit.ly/3PyfKal
✔ Kraken CEO $1.9M Bitcoin Prediction: https://bit.ly/3waI1wU
🔴 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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The Metaverse – Facebook, Animoca, Dapper Labs, and More Are Jumping on the Metaverse Bandwagon
The idea behind the metaverse was originally proposed by Facebook CEO Mark Zuckerberg. It’s a virtual space where people can meet and work with other people. The concept has caught public attention because of its potential to create a social community in the virtual world. With the help of new technologies, the Metaverse could help people meet in the same place. And with a variety of collaborative holographic experiences, users will be able to have a better understanding of each other’s lives.
Some of the world’s largest tech companies have jumped on the metaverse bandwagon, including Microsoft, Facebook, and NVIDIA. Some of these companies have bought virtual land in the Metaverse, while others have gotten involved. Animoca Brands, which owns The Sandbox, has invested in the Metaverse. The company is also a major shareholder in CryptoKitties and NBA Top Shot creator Dapper Labs.
Facebook has also gotten involved, renaming its social network Meta and renaming Instagram and WhatsApp as Meta. The company is building a digital space for people to communicate, work, and even relax. Facebook’s founder Mark Zuckerberg has stated that he believes the Metaverse will be the next big technological leap. It’s possible to build virtual worlds, interact with avatars, and play games in real time. In fact, Facebook’s founder Mark Zuckerberg has even described the Metaverse as the next generation Internet.
The Metaverse is an online virtual world that uses blockchain technology to keep it secure and free from centralized control. As such, users can create their own virtual avatars and interact with other users in the virtual world. Users can also purchase digital assets and travel to digital locations. Some of these locations are imagined, while others are real. In the Metaverse, people can meet with friends, attend events, and buy goods using cryptocurrency. The possibilities are almost endless.