Dave's Daily Crypto Take

DDCT #111 - 2/9/2022 (10 Best Metaverse Cryptocurrency to Buy in 2022)


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#Bitcoin #metaverse #KPMG


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Dave's Daily Crypto Take


In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.


My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.


ARTICLES used in today's video:


https://ambcrypto.com/marketing-or-belief-opinions-divided-as-kpmg-canadas-treasury-adds-btc-eth/


Marketing or belief? Opinions divided as KPMG Canada’s treasury adds BTC & ETH


The race to integrate cryptocurrencies into the global banking network is real. The digital asset marketplace recently reclaimed or rather surpassed the $2 trillion mark. The sheer valuation was one of the reasons for the unprecedented traction. A report published by KPMG, one of the ‘Big Four’ accounting organizations had published a report to highlight the same.


According to the company’s biannual Pulse of Fintech report, investment in crypto and blockchain surged to $30 billion in 2021. In 2018 the figure stood at $8.2 billion, with 2019 recording a figure of $5.6 billion and $5.5 billion in 2020.


https://www.vice.com/en/article/qjbwj5/what-are-nft-explainer-meaning-crypto


NFTs, Explained for People Who Still Don’t Get It


Even if you’ve been living under a rock since the pandemic started, you’ve probably still heard some chatter about non-fungible tokens (NFTs). It’s hard to ignore the hype, when someone can make a million bucks taking unassuming selfies.


It’s also nearly impossible to ignore the skepticism and heated criticisms surrounding the budding product, such as NFT plagiarism (also known as copyminting), NFT scams, and the environmental cost of blockchain operation.


https://www.pcmag.com/news/feds-seize-36-billion-in-bitcoin-tied-to-bitfinex-hack-from-2016?taid=6202b6a4ac837c00013657c2&utm_campaign=trueAnthem:+Manual&utm_medium=trueAnthem&utm_source=facebook


Feds Seize $3.6 Billion in Bitcoin Tied to 2016 Bitfinex Hack


US federal investigators seized $3.6 billion in bitcoin originally stolen in the 2016 hack of Bitfinex, a major cryptocurrency exchange.


The Justice Department arrested two New York-based suspects—34-year-old Russian-US national Ilya Lichtenstein and his 31-year-old wife Heather Morgan—for allegedly trying to launder the stolen funds, which totaled 119,754 bitcoins. According to federal agents, the stolen Bitcoin from Bitfinex was moved to several digital wallets under Lichtenstein’s control.


https://www.forbes.com/sites/billybambrough/2022/02/08/its-still-early-wells-fargo-issues-huge-bitcoin-and-ethereum-price-prediction-as-extreme-volatility-hits-bnb-solana-cardano-and-xrp/?sh=46851a92c8af


It’s ‘Still Early’—Wells Fargo Issues Huge Bitcoin And Ethereum Price Prediction As Extreme Volatility Hits BNB, Solana, Cardano And XRP


The bitcoin price soared to almost $70,000 per bitcoin late last year before crashing back to just over $30,000. Ethereum and other major cryptocurrencies, including Binance's BNB, solana, cardano and XRP, saw similar volatility. Crypto prices have rebounded over the last week but remain highly volatile.


https://www.betechwise.com/best-metaverse-cryptocurrency-to-buy/


10 Best Metaverse Cryptocurrency to Buy in 2022


There has been a lot of hype surrounding Metaverse cryptocurrencies since 2021. This has a lot to do with the rebranding of Facebook to Meta. Being one of the largest technology organizations in the world, Facebook created instant appeal for a market that has seen many technical improvements since 2019.


In fact, towards the end of 2021, the Metaverse cryptocurrencies were among the best performers. Some of them generated profits of over 10,000% for the year. With many positive projections surrounding the Metaverse, it appears that Metaverse cryptocurrencies could outperform the market this year.


https://alternative.me/crypto/fear-and-greed-index/


https://coinmarketcap.com/


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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.


Thank you very much


Dave



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Dave's Daily Crypto TakeBy Dave D