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Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3
Meta Platforms (FB) reported lower-than-expected third quarter revenue of just $285 million for its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations. "The Hash" panel discusses what this means for Meta and its metaverse ambitions.
Speculation Keeps the Market Honest: Analyst
"Often, trading is equated with gambling," says Noelle Acheson, former head of research at CoinDesk and sister company Genesis Trading, and current analyst for the "Crypto Is Macro Now" newsletter. "But, that overlooks the fact that speculation actually helps keep the market honest."
Meta Misses Q3 Revenue Estimate for Metaverse Divison
Facebook's parent company Meta misses revenue estimate for its metaverse division in Q3. Eaglebrook Advisors' Joe Orsini says "it's company specific" and isn't a real headwind to the metaverse in general. Plus, his take on real applications of the metaverse.
Deepak Chopra on Meta's Metaverse: 'The Giants May Not Survive'
Seva.Love co-founder and wellness expert Deepak Chopra comments on Meta's metaverse following the company's latest earnings report. "The big guys become the dinosaurs," he says. He's joined by Seva.Love Co-Founder and CEO Poonacha Machaiah.
CFTC Commissioner Says Crypto Echos Risks of 2008 Financial Crisis
U.S. Commodity Futures Trading Commission's (CFTC) Christy Goldsmith Romero said crypto's growing interest by traditional finance firms should put regulators on notice of dangerous risks to come. Global Policy & Regulation Managing Editor Nikhilesh De discusses the commissioner comparing the risks of crypto to the 2008 financial crisis.
Deepak Chopra 'Very Critical' About Celebrity Crypto Endorsements
Seva.Love co-founder and wellness expert Deepak Chopra discusses his take on influencers promoting cryptocurrencies. "I am actually very critical of celebrities getting involved in anything that has to do with an area that is not their expertise," Chopra said.
Disrupting the Media
Host Joel Flynn discusses how blockchain could transform journalism. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Cryptocurrency Exchange FTX ‘Likely’ to Create a Stablecoin: Report
FTX CEO Sam Bankman-Fried told The Big Whale in an interview that the crypto exchange “is very likely" to create a stablecoin. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what kind of stablecoin it could be and the exchange’s moves in a bear market.
Traders Are 'Valuable Resource' for Crypto Market: Analyst
Noelle Acheson, former head of research at CoinDesk and sister company Genesis Trading and current analyst for the Crypto Is Macro Now newsletter, explains why trading is essential for the crypto industry.
Bitcoin Above $20K as GDP Increased at 2.6% Annual Rate in Q3
Bitcoin (BTC) is holding its ground above $20,000 as U.S. GDP accelerated at an annual rate of 2.6% in the third quarter. Eaglebrook Advisors Vice President of Research Joe Orsini joins “First Mover” to discuss his crypto outlook as the economy sees positive growth. Plus, insights on Meta's loss in revenue.