Meta’s Reality Labs metaverse segment losses topped $3.74B in Q2 as CEO Mark Zuckerberg affirmed commitment to metaverse and AI despite dropping metaverse revenue and usage of the new Threads app.
Bitcoin traded slightly higher around $29,300 after the widely anticipated 0.25% Fed rate hike, which had little effect on crypto or traditional markets as some altcoins rallied.
As over 40 nations including US partners express interest in joining BRICS, the White House says it shows benefits of US systems but does not oppose countries exploring options like BRICS.
Analysts speculate BlackRock’s recommended 85% optimal Bitcoin allocation in portfolios could drive the BTC price over $190 million if adopted broadly across institutional investors.
Top cryptocurrency exchange Binance plans to return to the restricted Japanese crypto market by launching new services there before summer ends.
The fitness app sMiles has launched a new location-based “Bitcoinverse” game allowing users to earn Bitcoin rewards for exploring the real world, not just for steps and shopping.
Elon Musk’s recent rebranding of Twitter to “X” and its shift towards becoming a multi-functional “everything app” may offer a new opportunity for greater usage and exposure of cryptocurrencies such as Dogecoin (DOGE) and Bitcoin (BTC).
With 69 invites including all African heads of state, the upcoming BRICS summit demonstrates the bloc’s rapidly expanding international influence across Global South economies.
Prime Minister Fumio Kishida highlights the inclusion of measures focusing on user protection, Web3 token utilization, and the revitalization of the content industry in Japan’s annual policy outline.
The rivalry between super apps like WeChat and the new challenger X (Twitter) is intensifying as platforms race to become the ultimate all-in-one mobile experience.
