Apple CEO Tim Cook says the metaverse has a lot of potential and his company is investing accordingly. “It’s very interesting to us,” he noted. Global investments banks Morgan Stanley and Goldman Sachs have predicted that the metaverse could be an $8 trillion opportunity.
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Similar to index products in traditional finance, Cook’s index products are composed of a list of tokens and track the performance of the underlying assets, making it easier for investors to buy a diversified allocation of cryptocurrencies in a single transaction.
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This episode is sponsored by NYDIG.Download this episodeLast night both BTC and ETH hit new all-time highs. In today’s episode, NLW explores:What on-chain analysis suggests about how this ATH differs from previous onesWhy some are pointing to institutional accumulation as driving the rallyWhat Apple CEO Tim Cook said when he AllTimeAppleBTCCEOCookCryptoETHHighsHitHoldingsRevealsTim Read More
He continued, however, “I wouldn’t go invest in crypto [for Apple], not because I wouldn’t invest my own money, but because I don’t think people buy Apple stock to get exposure to crypto.” Cook went on to say Apple has no immediate plans to accept crypto payments.
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Besides Musk, Cook has also owned up to not having met with Musk on no occasion when he appeared on the New York Times Sway Podcast.The claims published in Tim Higgins new book ‘Power Play: Tesla, Elon Musk and the Bet of the Century,’ that the Tesla Inc (NASDAQ: TSLA) AcquisitionCookDenyDiscussElonMeetingMuskTeslaTim Read More
Three months ago, Facebook (NASDAQ:FB) disclosed plans to roll out a cryptocurrency in the summer of 2020. Such news has made several headlines, with the latest being negative, as PayPal (NASDAQ:PYPL) might pull out of Facebook’s project. Even worse for the technology behemoth is that Apple (NASDAQ:AAPL), another tech giant, has BehemothCookCryptocurrenciesTalksTechTim Read More
Apple’s chief executive officer Tim Cook was recently interviewed by Les Echos daily newspaper, on of France’s leading news outlets, where he made several remarks regarding whether the tech behemoth is planning to launch its native cryptocurrency. Most of his thoughts weighed in against Apple creating its own digital currency.Apple’s ApplesCEOCookCryptoCurrencydoesntNativeTim Read More