#Bitcoin #Metaverse #JackDorsey

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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://www.coindesk.com/business/2021/12/02/jack-dorsey-takes-square-deep-down-the-bitcoin-rabbit-hole/

Jack Dorsey Takes Square Deep Down the Bitcoin Rabbit Hole

As we wrap up a year jam-packed with high-profile adoptions of crypto by big players, yesterday may have given us the concluding exclamation mark. Days after Jack Dorsey announced that he was stepping down as Twitter CEO, the other company Dorsey runs announced that it was changing its corporate name from “Square” to “Block.” For those who have been paying attention to Dorsey’s trajectory, the signal here could not be clearer.

https://ambcrypto.com/ethereum-outperforming-bitcoin-means-this-for-the-rest-of-the-market/

Ethereum outperforming Bitcoin means this for the rest of the market

The onset of December saw both top coins’ trajectories pick up pace, after a rather laid-back November. Bitcoin saw over 4% gains while Ethereum shot up by over 10% over the last two days taking the market by surprise. This, however, wasn’t the first time Ethereum outperformed BTC and other major alts.

Ethereum outperforms

The top altcoin on a wave of renewed anticipation saw a clear break above the $4,200 resistance zone and the 100 hours simple moving average on 29 November. This breakout above the bearish trend line and a major resistance near $4,205 on the hourly chart pushed ETH’s price up.

https://www.benzinga.com/markets/cryptocurrency/21/12/24417259/bitcoin-bull-anthony-scaramucci-says-this-crypto-project-could-potentially-flip-ethereum

Bitcoin Bull Anthony Scaramucci Says This Crypto Project Could 'Potentially Flip Ethereum'

SkyBridge Capital's Anthony Scaramucci continues to increase his firm's exposure to cryptocurrency. The longtime Bitcoin

BTC

 bull has repeatedly touted his $100,000 price target by year's end, but he offered a new crypto prediction Thursday on CNBC.

"The SkyBridge research department thinks that Algorand ALGO actually has the opportunity to potentially flip Ethereum ETH" Scaramucci said.

Algorand is a blockchain-based crypto platform that focuses on security, scalability and decentralization.

 https://ambcrypto.com/badger-dao-falls-prey-to-defi-exploit-losses-estimated-at-10-million/

Badger DAO falls prey to DeFi exploit, losses estimated at $10 million

Badger DAO, a Bitcoin-focused DeFi platform, has been allegedly exploited. The platform tweeted earlier today that it received reports of “unauthorized withdrawals of user funds.” It stated,

“Our investigation is ongoing and we will release further information as soon as possible.”

Meanwhile, Badger confirmed that the engineers have halted all smart contracts to prevent further withdrawals. Having said that, blockchain security and data analytics company PeckShield Inc. released a list of funds that were transferred out from victims’ wallets.

https://www.vox.com/recode/2021/12/2/22812608/metaverse-real-estate-meta

Real estate has gone meta

The metaverse is getting hotter. Not hot, like a delicious meal or a Finnish sauna. This mostly fictional, virtual world is getting hot like a real estate market. Because lately, it is one.

If you have enough money and courage, you can now buy up digital tracts of land in the metaverse. Of course, there isn’t just one metaverse. Much like a website is part of the larger World Wide Web, there are countless companies, including Meta (née Facebook), building their own virtual realms where they hope people will soon gather as their digital avatars to play games, buy things, and interact with ads. The emerging real estate market for these three-dimensional spaces in virtual reality — including everything from virtual concert venues and shopping malls to houses and monuments — anticipates a future in which digital property owners can work with brands that want a presence in the various iterations of the metaverse.

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

https://coinmarketcap.com/

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Thank you very much

Dave

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