In your nightly crypto news wrap-up, we bring you the top crypto stories. Axie Infinity might be headed for more downside; Fidelity is set to roll out Ethereum trading; and yes, Tesla is still holding its Bitcoin and no one is surprised that Elon Musk might use DogeCoin to help his fight against the infamous Twitter bots.
What We Discuss:
0:00 Intro
0:29 Axie Infinity Token Unlock
1:37 Market Watch
3:16 Ethereum Trading with Fidelity
4:44 Tesla’s Diamond Hands
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
Sources:
https://www.coindesk.com/markets/2022/10/20/crypto-gaming-token-axs-under-pressure-as-215m-unlock-looms-for-axie/
https://www.youtube.com/watch?v=5qGI_nj3yl0
https://decrypt.co/112499/fidelity-ethereum-trading-institutions
https://blockworks.co/new-fidelity-plans-suggest-ethers-non-security-status-is-here-to-stay/
https://www.vox.com/recode/2021/5/18/22441831/elon-musk-bitcoin-dogecoin-crypto-prices-tesla
#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation
Facebook’s Metaverse
The Metaverse is a virtual world that allows users to create an online avatar and interact with other users. This allows users to freely move around, speak, and take action. In the Metaverse, users can also own virtual property and sell it or trade it for non-fungible tokens. This allows users to earn and spend money and participate in activities without the need to own real property.
There are several different metaverse games out there. Some are decentralized and can be created by anyone with a computer. One popular metaverse game is The Sandbox, a decentralized platform for building virtual worlds. For instance, Adidas recently bought land in The Sandbox to create their own metaverse dubbed the Adi-verse. The company has also partnered with Coinbase to make their Metaverse free for users.
The Metaverse offers a new level of entertainment. Users can interact with AI avatars and make friends. There are several themed planets, including the Sensorium Galaxy, which is dedicated to out-of-this-world experiences. It also features a thriving musical offering and collaborations with some of the world’s best artists. Additional content centers are planned, including a planet dedicated to meditation and self-actualization.
The Metaverse will feel like a hybrid of the real world and the virtual world. It will be possible to extend this virtual world into three dimensions and project it into the real world. Facebook is confident that this new world will generate hundreds of billions of dollars in digital commerce and millions of jobs for creators.
