ELON MUSK THINKS THE FUTURE OF METAVERSE LIES WITH “NEURALINK”

December 27, 2021

TL:DR

Happy Holidays, everyone! It’s time for our weekly newsletter. As always, we will be telling you about some of the news stories that made headlines this past week and giving you a sneak peek at some of the upcoming events that we think are worth your time.

If you like what we do then please don’t forget to forward this newsletter to your friends.

MARKETS

▲ Bitcoin

$50,834.90

+73.06%

▲ Ethereum

$4,117.04

+458.31%

▲ Cardano

$1.56

+729.54%

▲ Solana

$204.22

+10662.12%

▲ Binance

$567.06

+1343.23%

*Cryptocurrency data as of Monday at 9:40 AM PST. YTD% Average

Weekly Review

Last week’s market performance

Unfortunately, the Christmas rally did not come and Bitcoin wasn’t able to cross $52,000 last week. While there were some greens, that didn’t last long and no specific gains were made. The story is similar with Ethereum and other top altcoins. Experts say it is likely the bear market is back considering Bitcoin going below $50,000 on Sunday.

Technology

RadioShack to enter the world of Decentralized Finance

The 100-year-old known as RadioShack that offered electronic devices to its customers and now acquired by Tai Lopez & Alex Mehr has announced to enter the world of cryptocurrencies and will launch its very own Decentralized Exchange or DEX. The company believes this will make it easier for people to enter the world of DeFi, and to grow in the world of crypto-revolution.

TRIVIA

Tyler Winklevoss, famous for suing Mark Zuckerberg, said, “We see Bitcoin as potentially the greatest ______ _______ of all”.

A. Investment Option B. Publicity Stunt
C. Social Network D. Cash Cow

Answer Below.

Technology

Canadian healthcare company dumps 30 billion SHIB

A bit dramatic turn of events was seen last week on Twitter as a Canadian healthcare company known as “Ask the Doctor” went to Twitter announcing Shiba Inu is a scam because we don’t know who the “Real” founder of the meme coin is, and also sold their 30 billion SHIB, along with asking users to do the same. The “Shiba Army” went on full defensive mode and tried to give as many counterarguments as possible. Luckily, the “Twitter fight” didn’t leave any scars on the price of Shiba Inu.

Technology

Coinbase’s CEO is in warm water once again due to a recent lawsuit

Last week, once again, Brain Armstrong the famous CEO of Coinbase came into trouble as he’s been accused of stealing ideas from a small startup. The lawsuit was filed by MouseBelt Labs, who was also investing in a platform known as Knowledgr whose idea was stolen by Armstrong. On the other hand, Coinbase hasn’t made any announcement regarding the matter yet.

Politics

Dubai is all set to be Gulf’s crypto hub

Not known for being a “Crypto” friendly city is now fast-changing. Just two weeks back, local politicians held a meeting with Binance’s CEO, and now in partnership with Binance, Dubai has announced the launch of Dubai World Trade Center or DWTC that will provide a comprehensive zone for cryptocurrencies, crypto exchanges, operators, and other crypto-related products.

Coin Market Calendar

Date	Project	Website
12/28	Alethea AI	$ALI
12/29	Arenum	$ARNM
12/29	Agoric	$BLD

Connect to our shareable calendar here.

Finance

Former CEO of Twitter believes US Dollar will soon be replaced with Bitcoin

Even despite retiring from Twitter, it appears Jack Dorsey hasn’t stopped being an ambassador of Bitcoin. While replying to the tweet made by Cardi B that was asking what will replace the US dollars, Jack Dorsey replied with Bitcoin, without any second thoughts, and crypto fans loved it!

NFT News

Trump welcomes Melania’s NFTs but says crypto is “very dangerous”

The former President of the US has once again reiterated his statement about cryptocurrencies, saying they are “very” dangerous, in the meantime also said Melania Trump’s NFT drop known as “Melania’s Vision” is extremely ambitious and will do good because people trust their former first lady!

Metaverse News

Elon Musk thinks the future of Metaverse lies with his company “Neuralink”

The CEO of Tesla has spoken again, and last week he put forward his opinions on the matter of Metaverse. According to him, it’s impossible to wear a VR device all day long, and thus the answer to Metaverse lies with something similar to what Neuralink does where neuro-chips will be installed inside people’s brains that’ll help them to connect with the Metaverse.

Featured Project

Nakamoto Games showcases cutting-edge 3D Multiplayer Game

This week our featured project includes Nakamoto Games that launched a preview of their upcoming play-to-earn game known as “Escape.” The game is an upcoming 3D multiplayer strategy game, that upon launch in 2022 will immerse themselves in a cutting-edge 3D environment making them solve challenges, and also compete for lucrative P2E opportunities.