Crypto a Concern for the White House

Cryptocurrency is a Concern for the White House

In a statement about the dangers of cryptocurrencies, the White House cited the various market crashes of the previous year. The narrative: “A tough year” Last week, the White House published a “roadmap to mitigate the risks associated with cryptocurrencies” that was signed by (current) National Economic Council Director Brian Deese, Director of the White…

Read More
Traders on Bitcoin (BTC)

According to a trader, Bitcoin is “identical” to the 2020 breakout, keeping its value at $23.5K

Although Bitcoin is far from making everyone optimistic, several sources indicate that BTC price charts now display traditional bull market structures. On February 4, bulls refused to relinquish support in after-hours trading, and Bitcoin hovered around $23,500. The price of bitcoin brings back images of the 2020 As traders waited for the release of US…

Read More
On the Metaverse, ZUCKERBERG remains dominant

On the Metaverse, Mark Zuckerberg remains dominant

Despite Reality Labs’ unprecedented losses, Meta CEO Mark Zuckerberg was unwavering in his metaverse plans during the company’s Q4 earnings call. Despite Reality Labs’ loss of $13.7 billion in 2022, Meta continues to implement its metaverse strategies. Virtual reality and augmented reality are the primary focus areas for Reality Labs, Meta’s metaverse division. Reality Labs…

Read More
Crypto Firms Eliminated 3,000 Jobs in January

Despite Bitcoin’s rise, Crypto Firms eliminated nearly 3,000 jobs in January

At least 14 crypto companies, including Coinbase, Gemini, Digital Currency Group, ConsenSys, and, announced staff reductions in the month. In the first month of 2023, crypto companies tightened their budgets, firing at least 2,900 employees from 14 crypto companies. Prime Trust, a provider of crypto infrastructure, is said to have started laying off employees,…

Read More