Top news for November 25 with Skyrex

25.11.2021 11:47 pm

🔥 Grayscale released a report titled “The Metaverse, Virtual Cloud Economy Web 3.0”, which announced that the Metaverse market will reach over $ 1 trillion in the next few years.

According to a new Grayscale report titled “Metaverse, the virtual cloud economy of Web 3.0,” the number of active users of the Metaverse has increased 10-fold from early 2020 to June 2021.

Compared to other segments of Web 3.0 and Web 2.0, virtual worlds are still in their early stages, but if current growth rates remain on their current trajectory, this segment could become mainstream in the coming years.

Metaverse integrated with crypto projects, the DeFi sector, NFT and DAO have “created a new online experience” that quickly attracts a huge number of new users.

Researchers claim that the Metaverse market will reach over $ 1 trillion in the next few years.

⛓ The BTC network processed 62% more dollar-denominated transactions this year than PayPal.

Not so long ago, the Blockdata resource published data, according to which the Bitcoin network processed 62% more funds in 2021 than PayPal. However, Bitcoin is still far from Mastercard and Visa. However, experts say that soon Bitcoin will be able to compete with these two industry mastodons.

In 2021, the BTC network processed transactions worth about $ 489 billion on a quarterly basis. Similar figures were $ 302 billion for PayPal, and $ 1.8 trillion and $ 3.2 trillion for Mastercard and Visa, respectively.

🏦 US banking regulators to clarify rules for the use of cryptocurrencies in 2022
The US Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of Foreign Exchange Control (OCC) have released a joint statement that will soon publish rules and regulations regarding the use of cryptocurrencies by banks in 2022.

The authorities clarify that the rules will affect the entire range of actions that banks can carry out in the cryptocurrency sector: storage of digital assets, transferring them to clients, issuing their own stablecoins (cryptocurrencies, the value of which is tied to a fiat currency, for example, the US dollar), as well as accepting cryptocurrencies in as collateral. The purpose of this set of rules is to ensure consumer protection and the responsibility of banks. In addition, it is an attempt to protect against possible abuse in the financial system.

🌎 The Metaverse is a $ 1 Trillion Opportunity

According to a new Grayscale report titled “Metaverse, the virtual cloud economy of Web 3.0,” the number of active users of the Metaverse has increased 10-fold from early 2020 to June 2021.

Compared to other segments of Web 3.0 and Web 2.0, virtual worlds are still in their early stages, but if current growth rates remain on their current trajectory, this segment could become mainstream in the coming years.

Metaverse integrated with crypto projects, the DeFi sector, NFT and DAO have “created a new online experience” that quickly attracts a huge number of new users.

Researchers claim that the Metaverse market will reach over $ 1 trillion in the next few years.

📊 The founder of the Stock to Flow (S2F) model PlanB admitted that his floor model, after three accurate hits, failed and Bitcoin at $ 98,000 by the end of the month should not be expected.

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