anady (anady)

SoftBank Plans To Invest $9 Billion In AI Projects

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According to BlockBeats, Bitcoin experienced a significant drop on June 13th, falling below the $67,000 mark. The cryptocurrency's value was reported at $66,991, marking a 3.99% decrease within a 24-hour period.

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Metaverse, which became a hype during the 2021 bull run and was embraced and later dropped by many big-name brands, including bit-tech and celebrities, refers to a virtual reality world where humans can interact with each other in a digital world that's beyond their physical and geographical barriers.

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“You're inevitably seeing these funds sit in wallets over long periods of time. I don't think that's them setting up a strategic reserve of some kind; they’re just not being able to off-ramp the funds,” Redbord said.

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