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Citi Estimates $13T Metaverse Economy By 2030
In a new report, Citi analysts predict that the total addressable market (TAM) for the metaverse economy could be as high as $13 trillion by 2030. “The Hash” panel discusses drivers of the current “land grab” mentality, as well-known brands start to experiment in the metaverse.

EU to Restrict Crypto Transactions, CFTC Eyes ‘Digital Commodity’ Regulation
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses why the European Parliament voted to move forward with a set of restrictive crypto policies, citing concerns regarding illicit activities. Plus, a recap on the House Agriculture Committee's hearing and the CFTC's involvement in regulating crypto.

China’s E-CNY Push; India’s Crypto Tax Kicks In
China pushes forward with digital yuan in five more cities. South Korea’s committee studies proposals for crypto sector. NFTs enter bear market territory, but are things all bad? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Risk-Off Sentiment in Crypto Markets Following EU Parliament Vote
Jason Guthrie, WisdomTree head of digital assets for Europe, discusses his take on the recent sell-off in the crypto markets following the European Parliament passing legislation to ban anonymous crypto transactions. Plus, a conversation about President Biden’s digital asset executive order and how regulation could drive mainstream crypto adoption.

Congressman Stephen Lynch on Digital Dollar ‘ECASH’ Bill
Congressman Stephen Lynch of Massachusetts discusses the Electronic Currency and Secure Hardware Act and its proposed “ECASH” system. Lynch explains how this technology will replicate the same anonymity of physical cash and why “cash is going away.”

What’s Driving the BTC Price Dip?
MarketGauge's Michele Schneider discusses the possible catalysts for bitcoin market moves, citing a recent vote in the European Union to move forward with restrictive crypto regulations and increased buying by whales like MicroStrategy. Plus, a discussion about bitcoin as a risk-on or risk-off asset and why Schneider is optimistic about Luna, Avalanche, and Solana.

Crypto Markets React to EU Parliament Vote
Ben McMillan, IDX Digital Assets CIO, shares his bitcoin price outlook as the European Parliament passes a measure to outlaw anonymous crypto transactions. Plus, a conversation about Wall Street’s growing interest in decentralized finance (DeFi) and why his firm is bullish on bitcoin for the future.

BTC Monthly Gains Resemble June 2021 Reversal; Possible Bull Run Ahead?
According to new TradingView data, the structure of bitcoin’s consecutive monthly gains following a three-month losing streak resembles the reversal higher seen after June 2021, before BTC shot to $69,000 in November. Plus, the triangle breakout from this month shows a bullish formation. “All About Bitcoin" host Christine Lee presents the Chart of the Day.

Binance to Sponsor 64th Annual Grammy Awards
Binance, the world’s largest crypto exchange, has announced plans to sponsor the 64th Annual Grammy Awards, the biggest night in the American music industry. “The Hash” group discusses why crypto companies are vying for mainstream audiences, noting advertisements by FTX, Coinbase, and Crypto.com in this year’s Super Bowl. Plus, a conversation about the possibility of a metaverse Grammy Awards.

A16z Leads $4.8M Round for Crypto Gaming Startup Battlebound
Venture capital firm Andreessen Horowitz (a16z) is leading a $4.8 million seed round into play-to-earn gaming startup Battlebound. “The Hash” group discusses the impact blockchain gaming has had for people seeking an additional source of income and the challenges companies like Battlebound might face as they compete with the likes of Playstation for mainstream audiences.
