Disney Disbands Its Metaverse Team: 7,000 Employees Affected
• Disney had planned to use the Polygon blockchain for a metaverse project involving NFTs. • The company is currently in the process of streamlining its business and has laid off about 7,000 employees. • This includes the 50 metaverse project employees as Disney questions the continued value of Web3. Disney’s Metaverse Project Disney had…
2/3 of Bitcoin Supply Hasn’t Moved in a Year: Here’s Why
• Over two-thirds of the Bitcoin supply has not moved in a year. • Over half the supply has not moved in two years or longer. • A „supply squeeze“ is predicted to propel upwards the Bitcoin price due to its supply cap. Overview This article discusses how over two-thirds of the entire Bitcoin supply…
Start Crypto Trading Now: Tips for Making Profits with Volatility
• Trading in cryptocurrencies such as Bitcoin is becoming increasingly popular due to its volatile price. • There are several methods of trading, with day trading, scalping and swing trading being the most popular. • It is important to keep an eye on news and rumors that can cause large price fluctuations in the short…
MATIC at Risk of Dipping to $1 as Bitcoin Bears Take Control
• Polygon (MATIC) is currently trading below the 50 SMA and 4-hour RSI is below 50. A breakdown to lows of $1.00 is likely if bears take further control of short-term market sentiment. • The outlook for Bitcoin suggests that bears are not ready to give up territory around $22,500, a scenario that could trigger…