💰 BlockFi: Up To $250 Bitcoin Bonus: (Sponsored)
https://blockfi.com/cryptonewsalerts

A closely tracked crypto strategist and trader says that a Bitcoin rally is now in sight as he believes momentum is swinging to the side of BTC bulls.

Pseudonymous crypto analyst Pentoshi tells his 546,900 Twitter followers that bears are exerting a lot of effort to push the Bitcoin price down but not getting the desired result.

“For BTC I think we can squeeze to 34k *IF* this 31k area is flipped to support. For now, this is my bias point to trade off.”

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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3lcZuPe
✔ Terra LUNA Saga Continues: https://bit.ly/37NWNR0
✔ Bill Miller Remains Bullish on BTC: https://bit.ly/3PomPeJ
✔ Incoming Bitcoin Rally: https://bit.ly/3lbwOpU

🔴 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 Future of Cryptocurrency Is in the Metaverse

The metaverse is a conceptual collection of open settings and worlds. This virtual world is designed to encourage social interaction and is a new way for people to socialize and share experiences. This new technology could also be used to create collectible NFT assets such as avatars. Facebook, one of the largest companies in the world, has recently announced a $50 million investment in metaverse research. It hopes to hire up to 10,000 people in Europe over the next five years to create and maintain these virtual worlds.

Facebook isn’t the only company putting its money where its mouth is. Microsoft is muscling into this space, too. The ability to dominate network effects makes it attractive to a monopoly. That said, Facebook can still muscle in because of its network effects. However, the real war in the metaverse will be between the ecosystems that build them. It might not be Facebook, but a major player such as Microsoft or Google could end up winning the race to the Metaverse.

Entrepreneurs will also drive the development of the metaverse. They’ll provide services, create content, and do useful things in the metaverse. The key will be to monetize their offerings in an efficient way. Tokens could be used to own hour sessions, for example. An online cinema could issue tokens to allow users to watch films for a period of time. There are even tokens for events, such as a pass to another planet.