Metaverse Takes Shape, Pepe Climbs Higher and Bitcoin ETF Delayed Again

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Last Updated on 6 November 2023 by CryptoTips.eu

We have to admit, that new Metaverse video of Lex Fridman and Mark Zuckerberg looks very good, which is probably great news for crypto-coins linked to virtual universes such as that of Meta (formerly Facebook).

Crypto has had a good few days in the runup to ‘Uptober’ and one of the biggest winners from the top 100 was Pepe, which refuses to die down.

The SEC has once again managed to suspend the approval of Bitcoin ETF applications from some Wall Street companies, including Blackrock.

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Metaverse

When Meta CEO Mark Zuckerberg announced in 2022 that he would change Facebook’s name to Meta and focus the company’s engineers on virtual universes, he got some laughs because of his PR video. Iceland even made a parody.

A year later and we have to admit that the latest technological developments look quite good. For a podcast with interviewer Lex Fridman, Zuckerberg was interviewed in the Metaverse, both of them hundreds of miles apart. Yet it seems as if the two are in the same room and the avatars also look very realistic this time.

Pepe

Crypto is doing quite well in the run-up to ‘Uptober’, traditionally the best month for Bitcoin. One of the biggest gainer in the CoinMarketCap top 100 was Pepe which rose about 15% in the past week.

While we have thought several times that the ultimate memecoin of 2023 would go to 0, it refuses to leave.

Bitcoin ETF

The SEC also refuses to give up in its fight against the approval of a Bitcoin ETF.

Although Blackrock and many other Wall Street firms can’t wait to offer it to their many clients, Gary Gensler’s SEC continues to find reasons to abandon the endorsement. Bitcoin’s price didn’t even react to the news.

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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