Author: Donald Munn
Upland, the Play-to-Earn metaverse developed on the EOS blockchain dedicated to the buying and selling of properties, each represented by a unique NFT, has surpassed Axie Infinity’s famous game in terms of growth in the last 24 hours. Upland: the Play-to-Earn metaverse about buying and selling real estate Representation of the New York area: Each city in Upland mirrors the real world map to scale According to data from DappRadar, Upland’s Play-to-Earn metaverse, the game dedicated to buying and selling real estate using NFTs, has today overtaken the famous Axie Infinity in the last 24 hours, placing it in 4th…
Meta, formerly Facebook, is making Horizon Home’s Virtual Reality (VR) more social. Wearing a Meta Quest headset, users can now share their immersive experiences with friends and family. Meta: how to make Horizon Home’s Virtual Reality experiences more social According to reports, Mark Zuckerberg’s metaverse company Meta (formerly Facebook) is reportedly making immersive experiences on the Meta Horizon Home less solitary by introducing new features. On Meta Quest, it is now possible to hang out with others, watch movies together and launch multiplayer games from Meta Horizon Home. All you have to do is wear a Meta Quest headset. Here’s…
Italian clothing company PINKO enters the metaverse by launching its first NFT collection called “Meta Love Bag”. PINKO and the launch of the Meta Love Bag NFT collection Mini Love Bag by PINKO Italian fashion brand PINKO is ready to embrace Web3 and the metaverse, launching its first NFT collection called “Meta Love Bag”. Specifically, it is the first meta-physical version of the iconic ‘Love Bag’ accessory that is transformed into 10 unique Non-Fungible Token artworks, which can be purchased to gain a primary role in the digital community that will be built around Pinko’s presence in the metaverse. Meta…
New features and an extension to UK citizens for Horizon Worlds, Meta’s metaverse, which is starting to gain momentum. The new features of Horizon Worlds The expansion of Horizon Worlds continues Meta announced in recent days a new feature related to voice settings for its users of Horizon Worlds, the virtual world in the metaverse. Launching in the next few weeks, the feature allows users to choose how to listen to people who are not on their friends list, including the option to turn off unwanted conversations completely. Meta is said to have created this feature to offer its users…
Yves Saint Laurent Beauté (YSL Beauté), the iconic brand of the L’Oréal Group, is embarking on its Web3 journey, starting with Non-Fungible Tokens (NFTs), thanks to a collaboration with agency Wunderman Thompson. Yves Saint Laurent Beauté and its journey into NFTs and Web3 The NFT YSL Beauty Golden Blocks NFTs are conquering all sectors, so much so that even the beauty giant Yves Saint Laurent Beauté of the L’Oréal Group wanted to start this new journey. According to reports, it seems YSL Beauté is set to launch its first drop of 10,000 free NFTs on 15 June, which will give…
Bitcoin Analysis Bitcoin’s price lost value for an eighth consecutive day on Tuesday and concluded its daily session -$315. The first chart we’re looking at today is the BTC/USD 1W chart below from LDAKyle. BTC’s price is trading between 1.618 [$9,969.87] and 1.272 [$22,545.66], at the time of writing. The chartist denoted on the chart that BTC bulls should buy anything below the 1.272, that it’s the ‘Buy anything in this zone’ region of the chart. We can also see that BTC’s price is trading below the 200W MA [$22,365.30]. Bullish BTC traders need to regain that moving average to…
There seems to have been a small recovery for Bitcoin in recent days, though the price remains well below $22,000. This has been partly due to the sentiment spread by the Fed. Bitcoin and Fed related disclosures Sentiment remains very negative, but if anything this negativity seems to have diminished slightly. In particular, the Fear & Greed Index rose from 7 to 9, still in extremely negative territory, but no longer at record levels. Yesterday and Wednesday’s level of 7 is actually a record high for this cycle. Not even during the financial market crash of March 2020 were such…
In a crypto market deep in the red, some opportunities are arising for experienced traders. Many investors are discovering arbitrage opportunities in DeFi, a technique that trades the price disparity between ETH and a related product. DeFi offers arbitrage activities to investors Simply put, crypto arbitrage exploits temporary inefficiencies in asset prices during short intervals when a currency is available at different prices at the same time. The currency is bought on the exchange where the price is lower and sold on exchanges where the price is higher to generate a profit. Specifically, there is a token on the market,…
Yesterday’s article in Forbes explains how the crypto bear market could last another two years. According to some analysts, the crypto bear market could last another two years This period of declining markets is also reflected in the performance of digital currencies, with BTC, for example, falling from $46,000 to $21,000 in the last three months. Correlation is a factor ascertained by most analysts, and investors will only return to investing heavily in crypto once the stock market has recovered. Over time, it has become clear that in the case of digital currencies, long periods of declines are alternated with…
The market capitalization of USDT (Tether) has fallen back to October 2021 levels. USDT’s market capitalization returns to 2021 levels The all-time high had been reached in the days before Terra’s collapse, at $83 billion. Given that the implosion of the Terra ecosystem was mainly caused by the collapse of their algorithmic stablecoin, UST, since those days there has been some fear in the crypto markets about the possible collapse of other stablecoins. In particular, eyes have been focused on USDT, the world’s leading stablecoin, on which many doubts have been raised about the real reserves covering the tokens in…