The Metaverse is a $1T opportunity after users increase 10x: Grayscale report
According to a new report from Grayscale, the rate of active metaverse users increased 10x between the start of 2020 and June 2021.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to a new report from Grayscale, the rate of active metaverse users increased 10x between the start of 2020 and June 2021.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin slides below $80K as blockbuster jobs report raises Fed rate-hike odds
Increased rate-hike odds could tighten financial conditions, impacting investment strategies and potentially slowing economic grow...
Japan’s 4% bond yield spike threatens the low-cost borrowing strategy behind corporate Bitcoin buying
Japan’s 30-year government-bond auction cleared at a 4.079% average yield on Sept. 3, underscoring a tougher backdrop for future c...
Bitcoin Dips Below $80,000 on Strong US Jobs Report
Bitcoin Magazine Bitcoin Dips Below $80,000 on Strong US Jobs Report Bitcoin slid Friday after a better-than-expected labor report...
How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk
Imagine someone who bought ETH for $1,000, watched it climb to $4,000, and now wants to cash out $1,000. Selling one-quarter of th...
Bitcoin (BTC) Price Prediction: BTC Turns $79K into Support as Risk-On Signal Points to Fresh Rally Toward $100K
The move has also coincided with a shift in Glassnode’s Bitcoin Vector framework. The proprietary model moved into a Risk-On regim...
Arthur Hayes calls EUR/JPY prices crypto’s smoke alarm, but the Fed’s plumbing still shows no fire
Arthur Hayes has a new market alarm for crypto traders: EUR/JPY. The pair has started to fall, yet the Federal Reserve channels th...