Metaverse

Markets Daily Podcast Cover
Crypto News Roundup for Nov. 12, 2021
With crypto markets pulling back after strong rallies and a look at the Facebook metaverse we did not ask for, CoinDesk’s Markets Daily is back with the latest news roundup.
Markets Daily Podcast Cover

(CoinDesk archives)
More Firms Embracing the Metaverse and Gaming Stocks Have Already Benefited, Morgan Stanley Says
The metaverse does exist but not yet in its “purest form,” said the analyst.
(CoinDesk archives)

Metaverse gaming world
How Blockchain Technology Is Transforming Microtransactions and Revitalizing the Gaming Industry
A gaming model is emerging based on real asset ownership and a new “play-to-earn” structure.
Metaverse gaming world

Crypto Surges on US Inflation Rise, Korean Investors Win Damages
Crypto Surges on US Inflation Rise, Korean Investors Win Damages
Tencent CEO sees opportunity in the metaverse. Crypto surges after the fastest US inflation rise in 30 years. Korean court rules in favor of hacked investors. We’ll have more...
Crypto Surges on US Inflation Rise, Korean Investors Win Damages

Seoul Says It Will Be the First Major City Government to Enter the Metaverse
Seoul Says It Will Be the First Major City Government to Enter the Metaverse
“The Hash” panel discusses possible motives and potential outcomes as Seoul says it will be the first major city government to enter the metaverse.
Seoul Says It Will Be the First Major City Government to Enter the Metaverse

Credit: Nicole Goodkind
Enter the Margaritaverse: My Week at NFT.NYC
The daytime event felt like a pretext for the lavish after-parties.
Credit: Nicole Goodkind

Bitcoin 7-day chart (Messari)
Bitcoin Dominance Weakens as Altcoins Rally
Solana’s SOL and ether both hit record highs during the week, while bitcoin was little changed.
Bitcoin 7-day chart (Messari)

Canaan Sues Over Patent Infringement; PayTM Considers Crypto Services
Canaan Sues Over Patent Infringement; PayTM Considers Crypto Services
Canaan sues over bitcoin mining chip patent infringementIndia’s PayTM considers launching crypto-related services. Baidu and Netease file metaverse patents. We’ll have more on...
Canaan Sues Over Patent Infringement; PayTM Considers Crypto Services

Could Facebook's Metaverse Be a Threat to Crypto?
Could Facebook’s Metaverse Be a Threat to Crypto?
Meta, formerly Facebook, wants to get into NFTs and build out a Metaverse. Could this be a threat to crypto’s flourishing decentralized communities? Co-founder and Executive C...
Could Facebook's Metaverse Be a Threat to Crypto?

ETH/BTC price ratio chart (Damanick Dantes/CoinDesk, TradingView)
Market Wrap: Analysts See Further Upside in Ether as Bitcoin Stalls
BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.
ETH/BTC price ratio chart (Damanick Dantes/CoinDesk, TradingView)