The Metaverse Is a Massive Opportunity for The Crypto Industry

The Metaverse Is a Massive Opportunity for The Crypto Industry

Haim Israel – a strategist at Bank of America – believes the metaverse will create huge opportunities for blockchain technology. It will also cause digital assets to start being employed widely for financial transactions. Nonetheless, private tokens are too volatile, and stablecoins like Tether (USDT) and USD Coin (USDC) are more likely to prevail, he … Read more

The metaverse is a massive opportunity for crypto that calls for new platforms and tokens, Bank of America strategist says | Currency News | Financial and Business News

An art exhibit depicting the metaverse.

Viewers take in the art installation “Machine Hallucinations – Space: Metaverse” by Refik Anadol.Tyrone Siu/Reuters The metaverse is a massive opportunity for the crypto space, according to a Bank of America strategist. BofA’s Haim Israel predicted that cryptocurrencies will finally be used widely for transactions in virtual worlds. He said crypto-based platforms will need developing, … Read more

Crypto prices are plummeting in India as the country mull as ban on digital assets — and its creating an opportunity for savvy investors | Currency News | Financial and Business News

Bitcoin trading crypto cryptocurrency phone retail trader

SOPA Images/Getty ImagesSOPA Images/Getty Images Prices of shiba inu, dogecoin, bitcoin, and tether dropped on a popular crypto exchange in India. The declines came as the country mulls a crackdown on private cryptocurrencies. The declines created an arbitrage opportunity for savvy investors, but a tough one to capitalize on. Cryptocurrencies dropped in India Wednesday morning … Read more

G20 countries have an ‘opportunity and responsibility’ toward crypto, DeFi policies

G20 countries have an 'opportunity and responsibility' toward crypto, DeFi policies

Independent think tank Observer Research Foundation (ORF) opined in its latest post that G20 countries have both an “opportunity and responsibility” to coordinate policies around crypto-assets and DeFi. So much so, that it is conducive to a “sustainable, balanced, and inclusive global economic architecture.” While the report made some key observations, let’s rewind to the … Read more

Mastercard CEO cites ‘massive services opportunity’ following acquisition of crypto analytics firm

Mastercard CEO cites 'massive services opportunity' following acquisition of crypto analytics firm

Mastercard bought the crypto analytics firm CipherTrace in September, a purchase the payments giant’s chief executive framed as a “massive services opportunity” during a third-quarter earnings call Thursday. Asked about Mastercard’s strategy around crypto and digital assets, CEO Michael Miebach highlighted several areas, including preparations for central bank digital currencies as well as the purchase … Read more