WORST YEAR EVER For The Modern Global Financial Sector + Inflation Leveling EURO & USD Playing Field

In tonight’s crypto news wrap-up, I take a look at the current happenings in the crypto landscape, including US regulations gaining traction, Tether being put in the hot seat, and the Euro potentially falling bellow the US Dollar.

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0:00 Intro
0:22 Outside Regulation
2:00 Frank?
2:15 Tethered to Worry
3:41 Euro Drop

https://www.youtube.com/watch?v=d0MiK4ZwEyM
https://finbold.com/global-crypto-regulations-set-to-be-presented-by-g20-watchdog-in-october/
https://finbold.com/international-organization-of-securities-commissions-publishes-crypto-roadmap-for-2023/
https://finbold.com/fsb-chair-crypto-regulations-should-address-risks-but-guard-sectors-innovation/
https://tether.to/en/tether-continues-to-reduce-commercial-paper-holdings-as-it-solidifies-its-position-as-the-most-transparent-stablecoin/
https://cointelegraph.com/news/tether-fortifies-its-reserves-will-it-silence-critics-mollify-investors
https://twitter.com/JohnReedStark/status/1541750191753150465?cxt=HHwWgoCy_a_osuUqAAAA
https://twitter.com/WallStreetSilv/status/1546247568257994753
https://www.reuters.com/markets/europe/watch-euro-its-heading-parity-2022-07-11/

#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation

Facebook Moves Its Focus to the Metaverse

Facebook recently rebranded as Meta. The new name is a reflection of the new focus on augmented reality and virtual reality, which are now the main goals of the company. In a statement, Zuckerberg said that “the social networking site is moving its focus to the Metaverse.”

Many companies have announced plans to explore the metaverse, including Microsoft, NVIDIA, and Epic Games. Yung is a technology veteran and investor who has invested in Decentraland and The Sandbox. Many big brands are also jumping on the metaverse bandwagon. Gucci, for example, has partnered with online game-creation system Roblox to create digital accessories in the form of NFTs. Coca-Cola has also started selling digital tokens to promote their brand and use them as a stepping stone into the metaverse.

While the metaverse isn’t yet ready for primetime, it’s still a fun way to spend time with friends. It also gives gamers the chance to interact with real-life friends and even form relationships. Another benefit of metaverse gaming is play-to-earn. Players will be able to earn cryptocurrency by engaging in profitable activities and selling items to other users for real-world currency. Additionally, the metaverse architecture may allow for game assets to be portable. Additionally, there are plans to develop additional content centers, such as a planet dedicated to meditation and self-actualization.

As a result of the growing popularity of the metaverse, Facebook, Microsoft, and other companies are investing in the technology. In fact, Citi GPS has even predicted that the number of users would reach 5 billion by 2030. However, there are some concerns about the future of the metaverse, including regulatory uncertainty, counterfeit NFTs, trading scams, and the high volatility of most cryptocurrencies. However, big firms have advantages over startups, such as their budget and trust levels.

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