Majority of US consumers say no to Meta owning metaverse data: Survey

A survey of 1,000 United States consumers around growing interest in the metaverse has revealed some interesting results.  In a survey commissioned by nonfungible token and metaverse infrastructure provider Advokate Group, 87% of respondents preferred a decentralized metaverse on a blockchain over some of the mega projects planned by tech giants. This became more evident when 77% of the respondents shared concerns over Facebook’s entry into the metaverse, especially since it owns users’ metaverse data. Facebook’s tainted past with mismanagement of private user data has already dismantled its early plans…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io *HERE* is why Bitcoin & Crypto Are Dipping AND Why I’m Still 2022 Bullish!!! Hold & Trade Crypto [Pay ZERO Capital Gains Tax] With Choice. 👇👇👇 🚀🚀🚀 Sign-up & receive $50 in free bitcoin: Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:49 – What caused the bitcoin/crypto dip? 1:12 – FED & Stock Market 1:41 – Bitcoin hashrate down…

Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge

Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks continue volatility Data from Cointelegraph Markets Pro and TradingView followed a ranging overnight period for BTC/USD, bulls hoping for clearer validation of recent gains. After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb. 4, jumping 10% at the open, while embattled Meta (FB) dipped further. In what has become an increasing focus of attention among analysts, curiously volatile tech stocks thus…

Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion – Altcoins Bitcoin News

As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9% during the last 30 days. The 18.9% increase has pushed USDC’s market capitalization above the $50 billion mark. USDC Market Cap Rises Above $50 Billion, Stablecoin Represents 2.83% of the Crypto Economy’s USD Value Stablecoins continue to grow in 2022, as…

Blockchain startups grow as global VC funding generated $25.2B in 2021

Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020. The report also found that the United States led the greatest amount of funding deals in Q4 of last year, generating $6.26 billion for 157 deals. The document notes that global growth was…

Bitcoin SegWit adoption lags among major exchanges: Glassnode

SegWit has come a long way since its first appearance during the 2015–2017 blocksize war. However, despite its relative success as a Bitcoin upgrade, crypto exchanges including Binance and Gemini are still not committed to using SegWit addresses for sending Bitcoin (BTC).  Implemented in 2017, Segregated Witness (SegWit) is a soft fork upgrade that separates “witness” data from the base transaction. In an “explain like I’m five” kind of way, SegWit allows for a safer and faster Bitcoin, making scaling the network easier. While most exchanges and individuals were quick…

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ETH up Nearly 10%, Crypto Markets Rally – Market Updates Bitcoin News

Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher. Bitcoin On the first Friday of each month, non-farm payrolls in the United States are released, and this typically sees an increase in market volatility, across all asset classes. The world’s largest cryptocurrency, bitcoin, which fell to an intraday low of $36,388.14 during yesterday’s session, was up nearly 5% today, potentially benefiting from this volatility.…