EddieJayonCrypto

 24 Jul 22

tl;dr

Sam Bankman-Fried is trying to toss Voyager a lifeline, but don't think this is an altruistic offering. For a very low number, FTX would be able to gain access to all customer information and grow their exchange. The offer is to allow current Voyager customers to recoup at least some capital. In ano...

Sam Bankman-Fried is trying to toss Voyager a lifeline, but don't think this is an altruistic offering. For a very low number, FTX would be able to gain access to all customer information and grow their exchange. The offer is to allow current Voyager customers to recoup at least some capital. In another growth move, FTX is in talks to purchase Bithumb. The world's 21st largest exchange by volume. Binance is currently number one and FTX number two. Both companies are vying for growth. I have not heard as much from Binance, but I would be surprised if CZ doesn't have something up his sleeve. He's a very smart guy.

Something else I have been seeing is a serious uptick in metaverse activity. Shiba Inu has their metaverse and they have just partnered with The Third Floor (TTF). There is a reason why TTF is the busiest visualization companies in the market. They do a lot of work for studios like Marvel. This is news for the Shiba Inu community that will bring more news down the road. Just imagine what could happen. I am also looking at how The Sandbox is moving everything completely over to Polygon. The Polygon network has been receiving nothing but good news lately. I am looking for more good news from other projects like Cardalonia, a metaverse based on the Cardano platform.

Of course, I will be paying close attention to the numbers this week but centralized exchange consolidation and metaverse moves have my attention. I think we are in a position where we could go down as easily as we could go up.

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 13 Nov 24
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