Meta burns another $4.5B on metaverse in Q2, preps for AI growth

Bitcoin (BTC) institutional investment vehicles are seeing a major volume boost as excitement over possible United States regulatory changes takes hold.Data from resources including Bloomberg showed Bitcoin exchange-traded funds (ETFs) and others nearing record weekly inflows.BITO, GBTC trade $2.5 billion Hints that the U.S. might soon allow a Bitcoin spot price-based ETF have not only impacted

Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020.A night of losses into June 13 means that the largest cryptocurrency is now edging closer to beating its ten-month lows from May. The weakness has left few guessing: shock inflation data from…

Bitcoin's (BTC) biggest investors have been lately upping their reserves in sync with the ongoing price recovery, one Glassnode metric suggests.Dubbed as "Whale Supply Shock," the on-chain indicator represents the ratio between the amount of Bitcoin held by "whales" and "fishes." Whales represent addresses that hold between 10,000 BTC and 100,000 BTC, while fishes are…

In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are interested in trying out Web3 games, and why Axie Infinity creator Sky Mavis is partnering with NFT collection CyberKongz to develop…

The world’s most famous chess player, Garry Kasparov, supports BTC as a means to fight human rights violations. 1733 Total views 22 Total shares Garry Kasparov, the Russian chessmaster who faced off against IBM’s “Deep Blue” supercomputer, says Bitcoin, crypto and blockchain technologies, are the solution to the demand for privacy in financial markets.In a…

Bitcoin (BTC) has continued its steady rally in price over the past three months to break $10,000 today for the first time in over a year.Bitcoin broke the $10,000 mark today after trading in the $3,000-$4,000 range for the first four months of this year.Bitcoin’s recent price rally has seen commentators like Fundstrat’s Tom Lee…

Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, told Cointelegraph that it’s very problematic to imply that all NFTs are securities, as it could hold back creators. 189 Total views 1 Total shares The United States Securities and Exchange Commission’s (SEC) first enforcement action on a nonfungible token (NFT) project triggered responses…

Solana has experienced more than 150 hours of downtime over the last three years — and meme coins are making the problem worse.

We look at opinions, tools and views from Bitcoin OGs, veterans and experts on how to protect your crypto. by Jillian Godsil 11 min August 30, 2023 Share Tweet Share Share Crypto is a volatile place. Money can be as easily lost as made through the ups and downs of Bitcoin and the wider market