In your nightly crypto news wrap-up, we bring you the top crypto stories. Attention turns to Bitcoin as America puts up a new all-time high for national debt, MicroStrategy Billionaire Michael Saylor claps back in a debate about Bitcoin’s Lightning Network and is Coinbase getting into the derivates market? Stick around to the end to find out!
What We Discuss:
0:30 Bitcoin vs. USD
2:17 Market Watch
3:50 Saylor Claps Back
4:51 Is Coinbase Getting into Derivatives?
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Facebook’s Metaverse – What Is It?
The metaverse is a virtual world that exists parallel to our own reality. It is a place where avatars live and interact with other people. This virtual environment provides people with the freedom of speech, movement, and action. Users can also own virtual property and trade it with other users. In some cases, they may even be able to trade it for non-fungible tokens.
The metaverse is a 3D version of the internet. It allows players to access and trade items within a game, and it requires constant confirmation of ownership. To do this, the players must have a device that can store and transfer ENJ. The game also has a virtual wallet that can be used to access different items and games.
Facebook’s Mark Zuckerberg’s recent announcement that the social network would be named Meta has sparked interest in this emerging technology. The idea is to create a digital space where people can connect, play games, and work while relaxing in virtual reality. Many Silicon Valley companies believe that the metaverse is the next big thing in modern technology.
The Metaverse is a virtual environment where players can buy and sell virtual land and other assets. In addition, they can create their own virtual games. They can also monetize their experience using the SAND cryptocurrency. SoftBank and established investors have backed the project. Although the project may be a bit edgy, it has potential to disrupt the game industry and reward creators for their participation in the ecosystem.