Quote of the week: “We think bitcoin has just begun.” – Cathie Wood, chief executive of Ark Investment Management. Source: https://www.thestreet.
Mastercard Dives Deeper into Cryptocurrency & NFTs: Mastercard, in partnership with Nexo, launched the world’s first cryptocurrency-backed payment card. The card, which will be available in selected European countries first, will allow users to spend without having to sell their digital assets. Furthermore, Trademark applications have revealed that Mastercard is planning to provide NFTs, educational, and payment services in the Metaverse. Source:
NFL Partners With Fan Token Platform Socios: The Atlanta Falcons, Baltimore Ravens, Chicago Bears, Cleveland Browns, Los Angeles Chargers, Los Angeles Rams, Miami Dolphins, New York Giants, Philadelphia Eagles, Pittsburgh Steelers, San Francisco 49ers, Tampa Bay Buccaneers and Washington Commanders have partnered with Socios, following the New England Patriots, to enter the cryptocurrency space, offering fan tokens and more. Source:
Epic Games & Lego Will be Building a Metaverse for Kids: Epic Games has announced the completion of a $2 billion funding round to support the construction of its own Metaverse. Epic Games, Lego, and Sony are partnering to build a Metaverse for kids, where safety, privacy, and parental control will be integrated features. Source: https://www.fxempire.
UPS to enter the Metaverse: DC-based NFT trademark attorney Michael Kondoudis revealed that UPS (United Parcel Service) is preparing to establish a presence in the Metaverse, as it filed multiple Metaverse and NFT related trademark applications. Source: https://www.fxempire.com/
Bitcoin Update Following Miami Bitcoin Week & Dogecoin Update Following Musk’s Proposal: Bitcoin’s price has endured a fall this past week, following Wall Street’s stocks dive. However, Dogecoin has seen a jump this past week, following Elon Musk’s proposal to buy Twitter. Musk states that he will “reconsider” his position in the company if he receives a rejection.
And, that’s a wrap!