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The metaverse is a digital world combining elements of augmented and virtual reality, the internet, gaming, art, culture and social networking. Participating in these worlds usually requires a user to use cryptocurrency tokens or purchase objects in the virtual world, which are typically sold as non-fungible tokens (NFTs). Original Source
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Grayscale, a leading cryptocurrency asset manager, seems to have set its gaze on the metaverse as a business opportunity. Yesterday the company released a report where it examined the feasibility of this interconnected virtual world and how these economies can provide a profitable entry for investors, considering this area could
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Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a reality, and what’s more, you can invest in the metaverses. In Ready Player One, The OASIS is another example of an advanced virtual reality.
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BusinessThe analyst raised the miner’s 12-month price target to $82 from $78 and 2022 earnings estimates, citing its expansion plans.By Aoyon AshrafOct 26, 2021 at 5:18 p.m. UTCUpdated Oct 26, 2021 at 5:18 p.m. UTCGreenidge mining center (Caleb Parker) Original Source
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While the African continent is generally viewed as one of the most ideally placed to embrace and fully exploit the blockchain, the reality on the ground suggests otherwise. The East Africa Blockchain Expedition As Adedayo Adebajo, the managing director of Jelurida Africa and a blockchain enthusiast told Cryptox.trade News, much of
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Earlier this summer, CNN and The New York Times each warned that the nonfungible token (NFT) bubble, fueled by buzz over eye-popping valuations for digital art and interest from collectors, might already be bursting.As the sixth employee at a social media startup called Wildfire — which was acquired by Google
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Wall Street opened its doors for the first Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 19, with the listing of ProShares Bitcoin Strategy (BITO) on the New York Stock Exchange. The fund attracted more than $1 billion in trading volume on its first day, while BTC price rallied to a new
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With Bitcoin and Ethereum so close to their pre-crash highs, the general sentiment in the market seems to be predominantly bullish. In that sense, analyst CroissantEth took the task to summarize the factors causing such sentiment amongst traders and operators. Related Reading | As Bitcoin Breaks $57k, Quant Explains Why It Could
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The cryptocurrency market is trending bearish on the short-term, keeping Bitcoin and Ethereum prices at bay after an enormous Q1 2021 rally. But there is no telling if the bull market is officially over, or if a bounce could materialize into a larger recovery. An ascending triangle pattern and long-term trend
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“We believe that Greenidge can fund this growth with cash on hand, free cash flow and borrowings,” B. Riley analyst Lucas Pipes wrote in a note. “The low probability of equity dilution is a key differentiation from the peer group.” B. Riley also covers mining firms Marathon Digital (NASDAQ: MARA)
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