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Metaverse losses top $3.6B for Meta with spending set to increase

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The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year.

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Coin Market

Altcoins have ‘30% to 60%’ upside if Bitcoin taps $86K: Analyst

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MN Trading Capital founder Michael van de Poppe doesn’t expect Bitcoin to drop below $75,000 in the near term, even as Polymarket traders price in a different outcome.

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Coin Market

Crypto-aligned Fellowship PAC bets big on Texas Senate race

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The Fellowship PAC disclosed that it had spent $1.75 million in support of Texas Attorney General Ken Paxton, facing Senator John Cornyn in a May runoff.

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Coin Market

Global crypto adoption slumps amid macro pressures, Turkey defies downtrend

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Retail crypto activity fell 11% in Q1 as macro pressures weighed on markets, though Turkey and emerging economies showed resilience, TRM Labs data shows.

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