LensLinks: Issue 69

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
January 11, 2023

Today in LensLinks:

  • $5T Metaverse Value by 2030? - McKinsey Report

  • Web3 at CES 2023

  • Russian CBDC Settlement System?

  • Apple's Mixed-Reality Headset to Launch this Spring?

  • Mark Cuban to Face Questioning over Voyager

  • Investing 101: Four Phases of The Crypto Market Cycle Explained

  • Poor Bitcoin Market Liquidity Keeps Crypto Whales at Bay

  • RETRO: Crypto Predictions for 2020: Who Got it Right?

  • And Much, Much, More...

QUOTABLE...

"On ether, the trade that made the most talk was the purchase of puts $400 on June 2023 made on-screen with a resting bid of [50,000] contracts."

- Digital assets data provider Amberdata

NOTABLE...

Metaverse to possibly create $5T in value by 2030: McKinsey report

The success of metaverse will rely on a greater focus on maximizing the human experience aimed at delivering positive experiences for consumers, end-users and citizens.

https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/news/metaverse-to-possibly-create-5t-in-value-by-2030-mckinsey-report/amp

 Metaverse & Gaming

Web3 at CES 2023: VR, Luxury NFTs, the Metaverse, and More

Given Web3's prominence at the CES 2023, the future of consumer of electronics will go beyond the basic appeal of raw power.

https://nftnow.com/culture/web3-at-ces-2023-vr-luxury-nfts-the-metaverse-and-more/

  • Key Points

  • VR headset promises to make “Smell-o-Vision” a thing

  • Mastercard unveils Web3-focused music incubator for tomorrow’s artists

  • CES 2023 events spotlight the metaverse, luxury and Web3 fashion

 Blockchain, Tokens & DeFi

Russia to begin work on CBDC settlement system as sanctions endure

The Bank of Russia is planning to break ground on a settlement system for its digital ruble central bank digital currency as early as this quarter, according to a report from Kommersant.

https://cointelegraph.com/news/russia-to-begin-work-on-cbdc-settlement-system-in-q1-as-sanctions-endure-report

Crypto Trading

Crypto Markets Today: Big Options Trade in Ether Market Would Profit from 69% Price Slide

ALSO: Bitcoin and ether traded up. Solana saw double-digit gains amid strong transactional activity.

https://www.coindesk.com/markets/2023/01/09/crypto-markets-today-big-options-trade-in-ether-market-would-profit-from-69-price-slide/

Last week, a buy order for 50,000 contracts of ether options – with a $400 strike price and expiring in June – appeared on Deribit's order book, raising alarm bells in the crypto community. As of press time, ether was priced around $1,300, so the options trade would pay off if the ether price slid 69% in less than six months. On Deribit, one ether options contract represents one ETH.

Metaverse & Gaming - A Little More...

Apple’s Mixed-Reality Headset to Launch This Spring: Report - Decrypt

Is this Apple’s path to the metaverse? The Reality Pro headset, as it’s reportedly called, is expected to debut soon.

https://decrypt.co/118748/apple-vr-ar-reality-pro-headset-launch

Blockchain, Tokens & Defi - A Little More...

Mark Cuban to face questioning under oath over promotion of Voyager

Mark Cuban is set to be questioned in February over his promotion of Voyager Digital, as a proposed lawsuit alleges that he used his sophisticated experience to rope in uneducated investors.

https://cointelegraph.com/news/mark-cuban-to-face-questioning-under-oath-over-promotion-of-voyager

Crypto Trading - A Little More...

Investing 101: Four Phases Of The Crypto Market Cycle Explained

During the course of a cycle, asset classes perform better than others because the business models of the former are

https://blockzeit.com/investing-101-four-phases-of-the-crypto-market-cycle-explained/

Poor Bitcoin Market Liquidity Keeps Crypto Whales at Bay

Poor liquidity means large buy and sell orders can significantly impact bitcoin's price.

https://www.coindesk.com/markets/2023/01/10/poor-bitcoin-market-liquidity-keeps-crypto-whales-at-bay/

Industry Retro (How far we have come)

Crypto Predictions for 2020: Who Got It Right?

At the end of 2019, dozens of major figures in the crypto and blockchain industry made predictions on price, the market’s state, and more. We took predictions from TokenDaily’s 2020...

https://cryptobriefing.com/crypto-predictions-2020-who-was-right/

Predicting the various outcomes of this chaotic industry is often a fool’s task. Those in this list who earned a firm “pass” deserve close attention as we usher in a new year.

ESG (Environment, Social & Governance)

Regal Hotels Group launches first green metropolis in The Sandbox | TTG Asia

Regal Hotels Group has tapped into the metaverse by acquiring a “Land” at Mega City 2 of The Sandbox and launching MetaGreen, said to be the first green metropolis in the decentralised gaming virtual world.

https://www.ttgasia.com/2023/01/10/regal-hotels-group-launches-first-green-metropolis-in-the-sandbox/

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.