Digital Assets Report 47
- Nike enters the Metaverse
- Winkelvoss Twins' Gemini exchange raises $400 million
- Bitcoin and Cryptomarket in a temporary downtrend
- Biden nominates Powell for second term as chairman of the Fed
Business
Crypto start-up MoonPay hits $3.4 billion valuation as bitcoin fever reaches new heights
Cryptocurrency start-ups have raised record funding this year.
Los Angeles’ STAPLES Center to Be Renamed Crypto.com Arena
The rebrand is effective December 25th. Los Angeles’ STAPLES Center to Be Renamed Crypto.com Arena Alex Young
South Korea embraces the proto-metaverse
South Korean businesses and government entities have started to develop Metaverse applications for their services at an astonishing rate.
Nike gets ahead of the Metaverse and creates ‘Nikeland’, its own virtual world on Roblox
Nike launched its own virtual world within the Roblox online video game platform. This is...
Crypto Exchange Gemini Raises US$400 Million Valuing It at US$7.1 Billion - Fintech Schweiz Digital Finance News - FintechNewsCH
Gemini, a cryptocurrency platform, announced a US$400 million gro.wth equity round which is its first-ever outside financing.
El Salvador to build ‘bitcoin city’ at base of volcano, president says
El Salvador President Nayib Bukele announced the Central American country will now have its very own “bitcoin city.” The country made headlines earlier this year when it became the worl…
Markets
Crypto Charts 47
BitcoinBitcoin Short Term ChartLast time we were looking for the correction to end inthe green area of support and evidence that that the wave (ii) has ended.Looking at the BTC has either ended or is very close to ending and we wouldstart to accumulate a long position at current level, add at 54…
Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open
Bitcoin stays volatile with BTC price action producing a $3,000 move in minutes.
Total crypto market cap drops by 6.7%, but futures data finds a silver lining
Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Here’s why.
Blockware Intelligence Newsletter: Week 15
Bitcoin on-chain analysis & equity-analysis; overview of 11/13/21-11/19/21
Regulations
President Biden picks Jerome Powell to be next Fed chair
The White House announced President Biden would be nominating Jerome Powell as his pick to lead the Federal Reserve once his current term ended in February.
US lawmakers introduce bipartisan bill to modify a crypto tax provision in Biden’s infrastructure deal
The Keep Innovation in America Act is a bipartisan bill led by Representatives Patrick McHenry and Tim Ryan.
Opinions
Just buy it: Nike wants to bring sneakerheads into the Metaverse
Nike has been very litigious of late with its intellectual property. Yet, in the Metaverse, duplication will transcend our current conceptions of what is legal.
Decentralized exchanges aren’t ready for derivatives
DEXs have groundbreaking opportunities for many, but they are not yet suited for the soil of derivatives trading in this season of the crypto market.