➡️ US Congressman Patrick McHenry sees cryptocurrencies and blockchain as the fundamental foundations for creating the next generation of decentralized internet technology. Thereby he became the latest US Congressman to publicly support the growth of cryptocurrencies like Bitcoin.

➡️ During the most recent meeting of the House Financial Services Committee, Mr #McHenry presented that the US is “in danger” of falling behind in a burgeoning crypto economy.

➡️ According to him, terms like cryptocurrency, blockchain technology, and digital asset ecosystem have now become part of everyday vocabulary for millions of Americans and people around the world. this delegate. When talking about Bitcoin and digital assets, McHenry said: “This will be a financial revolution if done right.”

➡️ “We are here to make a historic turning point for American innovation… 15 years ago, the Bitcoin whitepaper was released by Satoshi Nakamoto. It has shaped a global peer-to-peer network… a more inclusive financial system.”

➡️ The US House of Representatives is in the process of passing a new bill on the regulation of cryptocurrencies and stablecoins, and McHenry is one of the leading voices in favor of crypto in this fight.

➡️ Recently, the House Agriculture Committee passed a bill to reform the way crypto-currency markets are regulated in the United States , a day after the Financial Services Committee did the same.

➡️ This bill becomes one of the most important proposals regarding digital assets moving forward in Congress. After the committees have discussed, revised, and put forward this unusual geographical cross-sectional proposal, it is expected that the bill will be voted on by the full House of Representatives in the near future. However, there is still uncertainty in the Senate and the Securities and Exchange Commission seems to be skeptical of the effort.

➡️ Previously, the #US House of Representatives Financial Services Committee recently pushed forward the crypto-currency bill  after significant discussion on Wednesday.

➡️ While the #crypto regulation bill is making progress, the stablecoin regulation bill is facing more difficulties. During the recent discussion session, MPs raised many concerns about this bill. Among them, prominent Democrats are concerned that the bill would allow tech companies like #Meta and #Amazon to issue their own stablecoins and not be subject to government regulation of the currency. digital assets.

$BTC $ETH $BNB

Two of tech's biggest giants, #ElonMusk and #MarkZuckerberg , are gearing up for a much-discussed fight that promises to be nothing short of historic.

Setting the Stage:

In a recent tweet, Elon Musk revealed some tantalizing details:

The fight will not be overseen by UFC but managed by both their foundations. 🤝

Get ready to time-travel: the entire setting is set to ooze the charm of Ancient Rome. That's right, no hint of the modern world in the camera frame. 📜🕰️

It's not just any location. Italy’s Prime Minister and Minister of Culture have chimed in, ensuring the fight happens at a location that resonates with the grandeur of Ancient Rome.

Where to Watch:

Don't miss out! The clash will be livestreamed on #X (Twitter) platform as well as #Meta . 📺💻

Why the Hype?

This isn’t just a fight; it's a fusion of tech, history, and sport. With two tech moguls at the center stage, it's not just about who wins the bout, but the innovative experience they're bringing to audiences worldwide. 🌍

So, which side are you on – Team Elon or Team Zuck? Comment below and let the debate begin! 🚀👇

In a recent episode of Lex Fridman's podcast, Mark Zuckerberg, CEO of Meta, introduced its latest avatar technology, Codec Avatars. This technology uses a combination of face tracking, motion capture and machine learning to create photorealistic avatars in real time.
Codec Avatars are a significant improvement over the current avatars in the metaverse. They are much more detailed and expressive, and can mimic the user's movements and facial expressions with a high degree of accuracy.
This technology has impressed the crypto community, which sees the metaverse as an opportunity for innovation and the development of new products and services. Codec avatars could help make the metaverse more engaging and immersive, and could open up new possibilities for social interaction and collaboration.

Some of the positive comments that have been made about the Codec Avatars technology include:
"This is amazing! Codec Avatars are what the metaverse needs to be truly realistic and engaging."
"I'm very impressed with the Codec Avatars technology. It's a huge step forward for the metaverse."
"This technology has the potential to revolutionize the way we interact with the metaverse."
Of course, it is still too early to say how Codec Avatars technology will develop. However, its potential is clear, and it could have a significant impact on the future of the metaverse.
Here are some examples of how Codec Avatars could be used in the metaverse:
In gaming: Codec avatars could help create more immersive and immersive gaming experiences.
In education: Codec avatars could be used to create more engaging and engaging learning environments.
In work: Codec avatars could be used to facilitate collaboration and remote communication.
The metaverse is still in its early stages, but Codec Avatars technology has the potential to make it a more tangible and engaging reality.
Source: https://twitter.com/lexfridman/status/1707453830344868204
#Metaverse #Meta

Bitcoin's market cap has soared, nearing $1 trillion, positioning it as a major force.Surpassing Tesla, Visa, and Warren Buffett's Berkshire Hathaway, BTC has secured the 10th spot globally in asset size by market cap.With its momentum, Bitcoin is on the verge of outstripping Meta in market capitalization.Over the past month, Bitcoin has seen a remarkable 20% surge, marking a whopping 150% increase since the beginning of the year.Should BTC surpass the $69,000 mark, it could potentially overtake Nvidia and silver in market cap rankings.

Over the past 24 hours, Bitcoin (BTC) surged sharply above the $40,000 mark, significantly boosting the overall crypto market capitalization.
While our focus is primarily on Bitcoin's performance rather than the broader crypto market cap, the flagship cryptocurrency is now trading at approximately $41,500, nearing a staggering $1 trillion market cap. Notably, BTC has surpassed esteemed entities like Tesla, Visa, and even Warren Buffet’s Berkshire Hathaway, securing its spot as the world's 10th largest asset by market cap.
This recent surge marks a new era for digital assets, with Bitcoin's market cap surpassing $800 billion as of December 4th. At the start of the year, Bitcoin was below the market cap of Visa and Tesla.
The remarkable performance of BTC this year has propelled it ahead of Berkshire Hathaway and is competing fiercely with Mark Zuckerberg’s Meta. Meta, currently valued at around $834.76 billion, has seen a slight decline of about 1% while remaining within a narrow range after surpassing the $276 mark. However, BTC has displayed robust bullish trends, rallying by an impressive 4.6% in the last day, scaling from around $783 billion to approximately $817.3 billion.
BTC's recent surge of 20% in the past month and a staggering 150% year-to-date, as per CoinGecko data, raises the question: will BTC soon overtake Meta? With a market cap of approximately $811 billion, BTC stands just about $20 billion short of surpassing Meta.
This puts Bitcoin within about a 38% rally of its previous all-time high near $69,000. If this growth trajectory continues, BTC could potentially surpass Meta, Nvidia (presently valued at $1.15 trillion), and even silver (currently at $1.4 trillion) upon breaking above $69,000.
Analysts anticipate a potential average BTC price of $100,000 in the next bull cycle. If this unfolds, Bitcoin might position itself among the top three asset classes, competing closely with or outperforming entities like Microsoft and Apple.
Please note that while Voice of Crypto aims to provide accurate and current information, it does not assume responsibility for any missing facts or inaccuracies. Cryptocurrencies are highly volatile financial assets, so it's advisable to conduct thorough research and make informed financial decisions."
This version retains the essence of the original text while rephrasing some parts for clarity and conciseness.

Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.

#Bitcoin #Meta #BTC #Tesla #BinanceSquareTalks
$BTC

Meta and other major social media platforms are actively considering advertising opportunities in the cryptocurrency space, particularly with the recent regulatory clarity.

Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On CryptosHeadlinesToken.com
Big tech giants are increasingly embracing the cryptocurrency market, with regulated products like Bitcoin ETFs witnessing significant inflows over the past 20 days. Following the recent launch of Bitcoin ETF ads on Google Search and YouTube, other players such as Meta are expected to follow suit.

Potential Shift in Advertising Policies for Bitcoin ETFs
Nate Geraci, President of ETF Store, suggests that Facebook and Instagram may soon allow advertisements for spot Bitcoin Exchange-Traded Funds (ETFs), signaling a possible change in advertising policies on popular social media platforms.
Geraci’s observations indicate that opening up to ads related to spot Bitcoin ETFs could broaden the reach of these products, particularly on platforms like Facebook, known for its significant demographic of older users.
The intersection of cryptocurrency and ETF markets highlights the potential significance of major social media platforms embracing Bitcoin ETF advertisements.
Moreover, launching Bitcoin ETF ads on platforms like Facebook and Instagram, which have large user bases of millennials and Gen Z, could be particularly intriguing. However, not all platforms may be open to offering crypto ads.
Meta (NASDAQ: META) Stock Surges After Dividend Announcement
Meta, parent company of Facebook, saw its stock price soar by a remarkable 20% on Friday, February 2, following the announcement of its first dividend payout. The company has authorized $50 billion for share buybacks and declared a quarterly dividend of 50 cents per share.

This surge in stock price comes amidst robust results and strong returns from Meta’s investments in emerging technologies like the “metaverse.” The boost in stock value is expected to enhance investor confidence in Meta, which has faced challenges in recent times. The company’s restructuring efforts have proven successful, with a focus on cost reduction leading to the departure of over 21,000 employees since late 2022. CEO Mark Zuckerberg has dubbed 2023 as the “Year of Efficiency.”
Furthermore, Meta is poised to compete with tech giants such as Microsoft and Alphabet in the AI space. The company has showcased advancements in AI with the introduction of the Llama 2 model, and the upcoming Llama 3 indicates ongoing innovation in this field.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Meta #Google #BitcoinETF #Bitcoin #Altcoin

The American Congress is interested in the intentions of Meta, led by Mark Zuckerberg, in the realm of cryptocurrencies. This interest is supported by five trademark registration applications in the area of #cryptocurrencies that #Meta has filed with the United States Patent and Trademark Office (USPTO).
The House Committee Resigns to Meta's Blockchain Plans
The House Financial Services Committee of the United States Congress urges Meta to provide information about all its potential plans in the field of blockchain and cryptocurrencies. This request stems from five still active trademark applications the company has filed since 2022.
 Maxine Waters Demands Answers from Meta
Committee member Maxine Waters, in a letter, called on Meta's founder and CEO Mark Zuckerberg and COO Javier Olivan to explain the company's intentions, as indicated by the trademark applications filed on March 18, 2022. These applications suggest Meta's interest in developing digital assets.
 Uncertainties Regarding Meta's Work on Digital Assets
Although Meta previously stated that it was not working on digital assets, the trademark applications suggest otherwise. This contradiction was highlighted in Maxine Waters' letter.
 Changes in Meta's Crypto Activity Plans
In 2019, Meta abandoned its plans to introduce crypto stablecoins Diem (formerly Libra) due to pressure from legislators. In January 2022, the company sold Diem for 200 million dollars to Silvergate, which is now facing bankruptcy. The plans to release the digital wallet Novi by 2020 also failed.
 

The opening of Waters' letter to Zuckerberg and Olivan. 
Source: House Financial Services Committee

 Trademarks and Meta's Plans in the Crypto World
Meta's trademark applications relate to various crypto and blockchain services, including trading, payments, transfers, and related infrastructure. Meta received a Notice of Allowance (NOA) for each application, which means it must file a statement of use for the trademark or request an extension within six months.
 Maxine Waters' Queries on Meta's Plans
Waters is interested in Meta's responses to the NOAs, their intentions in the areas of Web3, crypto, and digital wallets, as well as their potential #crypto payment platform. She also inquired about the extent of Meta's research in the area of stablecoins and partnerships with these projects, as well as the possibility of integrating Distributed Ledger Technology (DLT) into their metaverse.
Lack of Response from Meta
So far, Meta has not responded to these inquiries.
#btc
 Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

When it comes to the #Metaverse , Mark Zuckerberg’s grand vision, the numbers are not as impressive as we might wish.

Only 20 million Quest virtual reality headsets have been sold since 2019, and a mere 200,000 users are active in Meta Platform Inc.’s flagship virtual reality experience, Horizon Worlds.

But as a believer in the future of VR and AR, I see potential, not just problems. I am optimistic that this technology, like #crypto and AI, will one day be used by the masses. 💡

The Financial Reality of the Metaverse 💰

One number, however, stands out: a staggering $21 billion has been spent on creating the Metaverse since the beginning of 2022.

This leads us to question: just how much money is #Zuckerberg prepared to spend to make his Metaverse successful?

It's a lot, but Rome wasn't built in a day, and neither will the Metaverse. 🏗️

Meta's Current State and Future Hopes 🚀

Despite the vast amounts spent, #Meta is still thriving. Its online advertising business is booming, which buys Zuckerberg some time. Yes, investors are concerned about the money spent on the Metaverse, but I believe their patience will pay off. As Reality Labs expenses continue to soar, even Zuckerberg recognizes the need for some restraint. But he's also aware of the potential. 💼

Zuckerberg’s Metaverse vision needs to become a reality sooner rather than later. As the advertising market inevitably experiences downturns, his vision must stand strong. The clock is ticking, but I am confident that we are on the verge of something transformative. ⏳

The Power of Validation: Apple's Influence 🍎

Interestingly, a ray of hope could come from an unexpected source: #Apple Inc.

Apple’s Vision Pro headset has rekindled interest in virtual and augmented reality, offering something Meta seems to lack – a 'cool factor.' Apple's initiative validates the overall thesis of mixed reality and gives Zuckerberg more time with investors. It's validation that encourages us all. 💡

Still, a nagging doubt remains: can VR and AR gain the public’s interest or desire? I believe it's possible. As with crypto and AI, initial adoption might be slow, but these technologies are on the cusp of breaking into the mainstream. We must be patient. 🎯

If you found this article helpful, interesting, or just plain entertaining, show some love! Hit that "like" button, drop a comment, and don't forget to share it with your friends who need to know about it! 👍📝📤

$MANA $SAND $APE