After bitcoin 'winter', investors hunt risk in virtual worlds
The Hindu
Bitcoin, which like the rest of the market had been largely sinking since late 2021, has risen about 16% over the past two weeks to push above $41,000, prompting many market players to declare an end to the "crypto winter".
As bitcoin drifts towards mainstream maturity in 2022, daring crypto investors are eyeing up new sources of explosive action: "alt coins" that power online games and worlds.
(Sign up to our Technology newsletter, Today's Cache, for insights on emerging themes at the intersection of technology, business and policy. Click to subscribe for free.)
But, be warned, the foothills of the unformed metaverse are no place for the faint-hearted.
More Related News