One-third of singles are ready to date in the Metaverse: Survey
Data from a new survey from Dating.com says the metaverse can help propel dating into the future, especially as avatars become more reflective of users.
Data from a new survey from Dating.com says the metaverse can help propel dating into the future, especially as avatars become more reflective of users.
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FTX was one of the key exchange partners for Busan city, but its recent collapse made the administration reconsider its plans of onboarding third-party crypto exchanges.
After beating France in the dramatic final of the 2022 Soccer World Cup in Qatar on Monday, Argentina won its third world title. The win that Argentina achieved is destined to go down in history as a momentous event. But, despite the dramatic victory, the country’s fan token ARG shed nearly half of its value, trading for as low as $2.68 from over $6, down 24% in the last 24 hours, data from Coingecko shows. The European soccer token lost 49.5% of its value. market cap likewise decreased by half – from $22 million to $11 million over the same timeframe. Related Reading: Can Ethereum Prevent More Losses As Altcoin King ETH Slips 7% In Last 7 Days? ARGENTINA ARE WORLD CHAMPIONS!! 🇦🇷#FIFAWorldCup | #Qatar2022 — FIFA World Cup (@FIFAWorldCup) December 18, 2022 World Cup Win Fails To Kickstart ARG Price The reduction in the value of the crypto asset is unexpected, as holders anticipated the victory would boost ARG’s valuation. ARG lost approximately 30 percent of its value in the first few days of the competition after Argentina’s shocking loss to Saudi Arabia. ARG, a token issued via the consumer-facing platform of Socios.com that offers its owners an increased fan interaction with the Argentine squad, had earlier rallied on major victories, such as the semi-final match against Croatia. ARG was introduced in July 2021 and surged above $9 on November 18 — two days prior to the start of the World Cup. It has dropped roughly 70 percent from its all-time high since then. Meanwhile, ARG’s price performance after the World Cup is comparable to that of other fan tokens. The majority of them were in the red zone over the last 24 hours. Chart: FanMarketCap Fan Tokens Wash Up In Crimson Tide According to data from FanMarketCap, majority of the top 10 fan tokens were down in the 24-hour and seven-day timeframes. ARG, at No. 8, has lost 24.45% of its value in the last week. Fan tokens are a unique form of cryptocurrency that grants access to a variety of fan-centric activities. Activities that involve fans include voting on certain club choices and receiving special match ticket discounts, and other such things. Fan tokens were initiated by prominent sports clubs such as AC Milan, Santos FC, Inter Milan, and FC Porto, etc. During the COVID-19 shutdown, fan tokens grew in popularity. Related Reading: Tron Snags 2nd Place In TVL – What Does This Mean For TRX Price? Crypto total market cap still below the $800 billion mark today | Chart: TradingView.com Due to pandemic regulations, it was difficult ffor sports organizations to obtain cash in any other way and these fan tokens provided a stream of revenue. Held every four years, the World Cup is the most watched and followed single sporting event in history, and it also happens to be the most prestigious football tournament on the planet. Given its history of extreme volatility and unpredictability, even in its response to Argentine national football team performances, it is difficult to predict the future of the ARG coin.
I am unfortunately too impatient to just forget about my investments until the bear ends, and was looking through my portfolio and realised everything I had was in red. Regardless of whether i DCAed into older investments or bought newer coins (bad decision), it's all red in the spirit of Christmas! Only the one daomaker…
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FTX co-founder Sam Bankman-Fried (SBF) had a difficult day in court on Monday according to a number of accounts that said SBF’s local attorney seemed to be in conflict with his U.S. legal team. Furthermore, courtroom reports noted that SBF dozed off for an extended period of time and had to be shaken awake by […]
Do L2's need to try to be EVM compatible, or will we see a variety of L2s that deviate widely from the EVM standard and merely use the main chain as a kind of ultimate backup system for the L2 in case it collapses in some way? I.e. is there any technical requirement that an…
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The Bitcoin price slipped further yesterday, falling below the $16,300 level. At $16.285, BTC reached a price last recorded on November 29. However, a surprising windfall occurred when the Bank of Japan (BoJ) announced an unspoken pivot. The BoJ drastically widened its yield curve control band to 0.50% and significantly increased the number of government bonds it will buy each month. In doing so, the central bank sent shockwaves through global markets after unexpectedly revising its policy to control the yield curve. Every economist had expected the BOJ to leave its policy unchanged. BoJ Sends Shockwaves Through All Markets As Jim Bianco of Bianco Research noted, this is a decision of paramount importance for all markets. This decision is also essential for Bitcoin and the broader crypto market, even though it may not seem so at first glance. The crypto market still follows market trends and stocks. Moreover, risk assets like Bitcoin become unattractive when interest rates are at record highs. Related Reading: Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $17K As a result of the decision, the yen rose nearly 3%, to its strongest level since mid-August. Meanwhile, stocks, bonds and the dollar tumbled. The yen also made significant gains against currencies such as the euro, while gold and bitcoin rose. Remarkably, the share of Japanese government bonds held by the Bank of Japan, measured by market value, also exceeded 50% for the first time. Due to the massive market impact, BitMEX founder Arthur Hayes made a (funny) comparison between FTX and the FTT token. It’s like the BOJ is taking lessons from @SBF_FTX. When you own over 50% of a market is it even a market anymore? $FTT = $JGB pic.twitter.com/OePV7VLmf1 — Arthur Hayes (@CryptoHayes) December 20, 2022 However, as Bianco tweeted, the bottom line is that markets “may” need to rethink their views on central bank policy changes: If Japan is now showing concern for inflation, there will be no pivots of any rate hikes in 2023 anywhere! Powell is hawkish. ECB head Legarde (Madam Laggard) is now talking hawkish. Kuroda and the BoJ are not making moves that show concern about inflation. Related Reading: Grayscale Says It May Return 20% Of Investor Capital, Bitcoin Refuses To Budge Yuki Masujima of Bloomberg said: The implications go far beyond Japan – with the BOJ – the last major holdout in a global monetary tightening shift (with the exception of China) – now letting the benchmark yield trade higher than before, the shock will echo across global financial markets. The Implications For Bitcoin As analyst Holger Zschaepitz explained in an earlier tweet, Bitcoin’s initial reaction may have been triggered by the price being highly correlated with rising central bank balance sheets. “Bitcoin has traded in tandem w/combined balance sheets of Fed, BoJ and ECB,” Zschaepitz noted. Bitcoin was up about $750 or 2% following a dump after equities closed after-hours. At press time, BTC was trading at $16,753. It is likely to go even higher if it breaks through $16.900 which proved to be too strong a resistance at the first attempt. Featured image from iStock, Charts from TradingView.com
A viral video making rounds on Twitter showed two police officers searching a suspect’s car and coming across pieces of paper, one of which contained seed phrases.
John Carmack, the founder of renowned company ID Software and executive consultant on VR for Meta, has announced he is leaving Meta. Among the reasons for this departure, Carmack signals that there are inefficiencies and self-sabotage at Meta that have affected the work that the company is doing regarding its VR (virtual reality) and metaverse […]