#Bitcoin #metaverse #MarkCuban

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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/is-it-almost-the-end-of-bitcoin-bottom-fishing/

Is it almost the end of Bitcoin bottom fishing

$40,000 has been strong support for Bitcoin in the past month, with the 7-day lowest dipping close to $40,600 on CoinGecko. Well, the interesting question here is- With Bitcoin’s recovery to $43,200 at press time, will it be soon time to cease bottom fishing?

Bloomberg cited an analysis by Genesis Global Trading that noted Bitcoin looks stable on the back of recent options activity. It essentially indicates the possibility of an upside. Apart from that, the analyst noted that the difference in ‘implied volatility of bullish and bearish bets’ is now close to zero. Revealing demand for more call options over put options, which is a bullish indicator.

Notably, the Bitcoin Volatility Index (BVIN), which measures the implied volatility of Bitcoin, showed a downtrend in the chart.

https://www.cracked.com/article_32018_the-metaverse-shows-why-making-good-cyberpunks-so-hard-now.html

'Cryptoland:' A Quick Dive Into Crypto Enthusiasts' Idea Of Utopia

Another year, another eye-rolling venture from people who jump on every get-rich-quick scam rather than actually do something environmentally sustainable or just, you know, not wholly for themselves. This one has the familiar crypto critter trappings of finding new ways to 1) pretend they’re uber-wealthy by adding some made-up value to their identities, and 2) do whatever it takes to keep that pretend value all for themselves — i.e., not pay taxes.

https://ambcrypto.com/with-crypto-market-shivering-in-a-state-of-extreme-fear-buy-the-dip-fever-is/

With crypto market shivering in a state of extreme fear, ‘buy the dip’ fever is…

Buying the dip has now become a ritual as soon as Bitcoin’s price crashes, and there’s a lot banking on bringing home the king coin when it’s at its lowest point. Looking at the coin crashes in December and January, an investor might be wondering if the trend is still on. Data from a Santiment report sheds light on what might really be going on.

All up in your feelings

Santiment tracked the social volume and dominance of “buy the dip” or “bought the dip” calls, to show that most people made the call well before Bitcoin hit its lowest prices during the December 2021 and January 2022 crashes.

https://bitcoinist.com/mark-cuban-investments-in-cryptocurrencies/

Mark Cuban On Centering 80% Of His Investments In Cryptocurrencies

Cryptocurrencies as an investment have blossomed to one of the most recognized in the finance space. It is no longer left for small, retail investors who are only putting a few hundred dollars at a time in cryptocurrencies. High net worth individuals like billionaires and institutional investors are moving into the space given the opportunities that are presented within it.

Mark Cuban, owner of the Dallas Mavericks, and a big supporter of cryptocurrencies has revealed that he invests heavily in the space. For the Shark Tank investor, any investments that are not related to those presented on the show are heavily skewed towards the crypto industry.

https://thenextweb.com/news/metaverse-will-have-you-hooked-onto-a-blockchain-syndication

Why the metaverse will have you hooked onto a blockchain

You may think the metaverse will be a bunch of interconnected virtual spaces – the world wide web but accessed through virtual reality. This is largely correct, but there is also a fundamental but slightly more cryptic side to the metaverse that will set it apart from today’s internet: the blockchain.

In the beginning, Web 1.0 was the information superhighway of connected computers and servers that you could search, explore and inhabit, usually through a centralized company’s platform – for example, AOL, Yahoo, Microsoft and Google. Around the turn of the millennium, Web 2.0 came to be characterized by social networking sites, blogging and the monetization of user data for advertising by the centralized gatekeepers to “free” social media platforms, including Facebook, SnapChat, Twitter and TikTok.

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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