Markets ASX near six-week high after Santa rally ASX near six-week high after Santa rally New crypto has the market buzzing New crypto has the market buzzing Currency collapse shows future of crypto Currency collapse shows future of crypto Bitcoin investors woke up to a nice Christmas present with the blockchain hitting a two-week high. After a difficult few weeks, …Read More »
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Wall Street is pumped about the metaverse. But critics say it’s massively overhyped and will be a regulatory minefield.
“The metaverse” is a very fuzzy term. Broadly, it refers to virtual worlds where people (using avatars) can play games, work, create and trade things, watch virtual concerts, hang out, and more. Some think there’ll be one big metaverse, while others envisage a multitude. Facebook has pivoted to focus on virtual worlds, having rebranded as Meta in October. Its move …Read More »
Bitcoin fizzled in Monday trading as the famously volatile cryptocurrency pulled back after a spectacular new-year rally. Prices fell as much as 17% in the biggest drop since March before recovering. The losses are small in the context of Bitcoin’s broader rally, with a 50% jump in December alone. After a parabolic 2020, the digital currency had started the new …Read More »
On December 24, in Asian trading, the value of Bitcoin had even touched $51,524 at one point. The world’s largest cryptocurrency has risen by about four percent in the past couple of days. On Christmas eve, the value of Bitcoin rose to $51,000 (roughly ₹ 38.27 lakhs) and touched its highest level in more than two weeks. The world’s …Read More »