Financial services giant Fidelity has filed three US trademark applications, looking to provide services in the metaverse.
December 27, 2022 | | | | | 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $16,797 | Bitcoin price has yet again traded within a narrow $215 range, hovering within the high $16,000s. | Top-20 altcoins have also had underwhelming volatility over the last 24 hours, as Ether remains unchanged, BNB rises 1% and XRP is the biggest mover with a 4% rise. | Top Stories for December 27, 2022 🔥 | | Financial services giant Fidelity has filed three US trademark applications, looking to provide services in the metaverse. | According to the filings, Fidelity wants to provide its traditional services within "alternate realities," with mentions of NFT marketplaces, virtual real estate investing, crypto trading and other metaverse investment services. | Fidelity said in October that it was planning to hire 100 additional crypto personnel, as well as expend its digital asset team to 500. | | Bitcoin application-specific integrated circuit (ASIC) mining hardware prices have reached lows not seen since 2020 or 2021, with falls of up to 91% from their peak. | The price fall has been attributed to large Bitcoin mining firms struggling to remain profitable throughout the bear market, with many filing for bankruptcy or taking on additional debt. | | Japan's Financial Services Agency is looking for feedback on new regulations that would allow foreign stablecoins to be listed on local exchanges. | Under the proposed regulation, local entities would be allowed to handle payments of stablecoins such as USDC and USDT, which are currently prohibited on exchanges in the country. |
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