$85,025.00
1.53%$1,639.41
4.61%$2.14
4.44%$596.35
1.42%$130.49
8.27%$0.999957
-0.00%$0.166407
4.11%$0.654102
4.14%$0.247021
1.73%$1,638.95
4.66%$85,059.00
1.65%$9.33
-0.78%$20.21
5.14%$13.11
2.97%$2.34
5.37%$3.03
1.57%$0.243259
3.17%$0.00001252
2.44%$0.171819
2.27%$0.99974
-0.01%$1,971.44
4.73%$351.28
12.29%$6.28
-1.73%$78.66
2.34%$3.70
3.75%$16.23
4.27%$4.39
1.67%$0.999706
-0.00%$0.737064
20.25%$0.998979
-0.02%$1,645.18
4.80%$27.74
-1.51%$205.27
0.87%$1,749.10
4.76%$5.51
4.44%$53.79
0.98%$84,937.00
1.33%$0.00000742
7.28%$4.93
2.39%$0.908898
0.09%$22.72
1.25%$2.20
4.95%$32.91
4.75%$5.19
3.35%$1.047
0.05%$0.089523
3.47%$1.00
0.00%$0.714921
2.02%$15.53
2.32%$147.91
8.09%$256.12
1.46%$1.16
0.01%$3.90
4.06%$0.02303516
3.98%$0.075159
-0.31%$4.28
0.78%$0.33414
5.49%$84,886.00
1.52%$0.99802
-0.11%$4.05
-0.02%$8.46
4.21%$2.55
4.27%$0.517728
7.16%$0.188664
2.46%$0.188381
2.92%$2.63
3.88%$0.306867
3.31%$3.79
3.91%$84,710.00
1.52%$10.52
0.66%$0.483131
7.67%$1,399.73
5.09%$0.074736
4.62%$0.404956
4.73%$0.686167
3.33%$4.23
5.51%$136.77
8.70%$0.691743
11.28%$1.048
0.53%$0.00001345
10.75%$0.998785
-0.19%$1,638.74
4.64%$0.648916
3.99%$0.776342
5.28%$66.80
1.24%$0.01531737
1.43%$1,706.79
4.92%$0.924478
0.53%$0.177851
13.08%$14.90
-0.86%$1.00
-0.02%$0.999698
0.02%$0.339238
1.33%$0.622375
-0.56%$8.38
1.17%$0.01645604
27.68%$0.999645
0.02%$3,238.10
-0.40%$1,851.59
4.75%$0.082543
4.16%$0.431984
2.31%$596.14
1.38%$0.754978
1.20%$84,317.00
1.47%$3,246.33
-0.22%$0.998031
-0.00%$84,842.00
1.54%$0.759246
3.71%$0.0203648
-21.37%$0.01509494
3.92%$0.269681
2.82%$0.518921
4.63%$1,742.88
4.73%$0.999811
0.10%$0.167678
3.39%$143.12
8.00%$0.00000062
2.83%$0.104236
-0.06%$167.38
8.22%$2.00
-1.30%$29.72
3.46%$2.01
14.35%$3.19
7.88%$0.362672
3.80%$1.80
4.09%$0.549046
-0.31%$35.59
-1.29%$3.49
6.53%$0.00005829
6.23%$0.999788
0.08%$0.525398
-2.59%$0.561705
10.76%$1,712.24
4.76%$0.996921
-0.12%$0.136033
6.25%$0.263941
5.18%$14.81
3.60%$83,347.00
0.67%$0.068687
-1.92%$1.72
-1.62%$4.32
3.72%$0.999857
-0.00%$0.429634
2.11%$0.460055
15.41%$0.00498589
1.43%$0.999884
-0.00%$0.5753
3.11%$0.00775765
2.85%$84,713.00
1.30%$1.083
-0.99%$0.166248
4.12%$84,773.00
1.70%$0.00000043
1.73%$1.18
4.44%$14.52
0.91%$1.002
0.20%$1.08
-0.00%$0.00002015
4.46%$0.609429
14.16%$1,743.12
4.70%$110.66
0.02%$5.54
-0.19%$0.133707
-0.47%$1.84
-0.65%$84,862.00
1.55%$2.40
-0.23%$0.999751
-0.01%$0.03991484
0.55%$0.073839
2.94%$0.999819
0.02%$41.68
2.34%$22.48
0.00%$5.57
0.20%$0.451229
16.61%$0.44419
4.42%$77,106.00
0.00%$1,639.15
4.75%$1,638.00
4.54%$0.999768
0.29%$0.076825
3.37%$0.559588
0.68%$4.29
2.70%$0.00551817
11.39%$0.295722
31.22%$1,638.39
4.50%$1,710.50
4.49%$0.128672
5.28%$0.00639887
-0.16%$0.165398
3.02%$0.794095
0.90%$0.188554
2.27%$0.0000602
1.65%$0.998884
0.17%$0.140174
18.34%$0.00381934
1.66%$0.99991
0.02%$0.00000156
-0.72%$1,644.05
4.83%$0.32396
3.47%$0.03078712
12.95%$0.03039975
1.17%$1,675.36
4.88%$0.999908
0.04%$2.66
3.83%$0.999142
-0.05%$0.141684
1.03%$0.69561
3.47%$1.17
9.67%$107.72
4.33%$0.279197
28.13%$84,838.00
1.63%$3,235.56
0.31%$0.220531
3.19%$0.59676
5.28%$0.590298
16.15%$0.467041
2.57%$84,570.00
1.47%$1,628.50
4.99%$21.13
1.92%$0.256785
6.27%$2.69
-1.98%$0.02953291
-1.02%$0.496428
0.14%$1,638.85
4.58%$0.999614
0.08%$0.00040891
2.87%$1.03
3.43%$0.176445
2.35%$22.12
4.32%$20.29
5.34%$1,733.06
4.69%$0.03423097
2.18%$0.100882
5.05%$1,706.37
1.47%$0.676597
3.73%$0.0025856
6.36%$13.85
2.62%$1,795.28
4.72%$0.01132505
3.04%$0.998492
0.09%$12.98
0.00%$1,780.45
4.51%$85,410.00
1.63%$3.26
-2.05%$0.00284251
6.83%$0.211543
6.62%$0.999753
-0.01%$2.00
2.32%Reading
Cryptocurrencies associated with the metaverse—a persistent, virtual shared universe—saw double-digit gains over the last day, in the wake of Facebook's announcement that it would rebrand as Meta, with a mission to "bring the metaverse to life."
Decentraland's MANA token led the pack, with 24-hour gains of over 44.6%, bringing its price to around $1.15. The Sandbox's SAND rose by 21.5%, taking it to $1.02, while Enjin Coin (ENJ) saw more modest gains of 10.8% on the day, taking it to $2.44.
Metaverse-adjacent tokens such as Axie Infinity's AXS, which underpins an NFT-powered game, and Flow, a blockchain designed for NFTs, saw 24-hour gains of 7.8% ($139.17) and 7.6% ($13.56), respectively.
A term originally coined in Neal Stephenson's 1992 novel Snow Crash, the Metaverse describes a persistent virtual universe in which users interact with each other as digital avatars. These shared online spaces can be used for social interactions, games, and even work.
Most fictional depictions of the metaverse, such as the 2018 film Ready Player One, also envisage users accessing it through virtual and augmented reality devices, though at present many related platforms, such as the crypto-powered Decentraland, can be visited using a conventional PC.
Cryptocurrency advocates have seized on the metaverse as a perfect use case for crypto, with non-fungible tokens (NFTs) enabling metaverse users to take ownership of digital objects such as virtual clothing for avatars and plots of in-game land. Ultimately, they envisage users being able to migrate digital objects between metaverse platforms; so a user could, for example, buy NFT clothing for their avatar on one platform (say, Decentraland) and take it with them to another (say, The Sandbox).
Announcing @Meta — the Facebook company’s new name. Meta is helping to build the metaverse, a place where we’ll play and connect in 3D. Welcome to the next chapter of social connection. pic.twitter.com/ywSJPLsCoD
— Meta (@Meta) October 28, 2021
Facebook's Meta rebrand is part of a sweeping realignment by the company towards the metaverse. In September it announced a $50 million investment in metaverse-related initiatives and partnerships, while in the keynote yesterday announcing the company's rebranding, CEO Mark Zuckerberg stated that, "the metaverse is the next frontier just like social networking was when we got started."
Social media giant Facebook sees the growing metaverse as the future of its business, and today the firm made that increasing focus formal by announcing that it will go by the name Meta. Meta will be the name for the overall company, although it appears that some its individual apps and services—such as Facebook itself, as well as WhatsApp—will maintain their current branding under the Meta umbrella. Facebook (now Meta) CEO Mark Zuckerberg announced the news today during the streaming keynote fo...
As part of its rebrand, Facebook has stated that the company will support NFTs, with Head of Metaverse Products Vishal Shah stating that the company is "exploring new types of ownership, models, and entitlements to ensure people feel confident that they actually own something."
Shah added that "This will make it easier for people to sell limited edition digital objects like NFTs, display them in their digital spaces and even resell them to the next person securely."
Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin. The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California (USC). The exact details of his package are not known, but some college football players, such as Shedeur Sanders, have received estimated payouts of up to $4....
The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy. The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution of money and key fundamentals of Bitcoin. One of those fundamentals is Bitcoin’s 21 million fixed token supply. While the video explains t...
El Salvador may have reached a deal with the International Monetary Fund that will see the tiny country scale back its Bitcoin law—but it’s still going to “HODL.” And it might even step up its BTC buys. That’s according to Stacy Herbert, the head of El Salvador’s National Bitcoin Office, who wrote on X (formerly known as Twitter) Thursday that the country may even continue buying the cryptocurrency at an “accelerated pace” going forward. El Salvador in 2021 made Bitcoin legal tender along with...
