Can the world's biggest cryptocurrency stay above $40,000?
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Bitcoin suffered a nasty pullback on Thursday, with the world's largest cryptocurrency dipping below $43,000 in early trading. It came after detailed minutes from the latest Federal Reserve meeting indicated that the U.S. will raise interest rates even faster than previously thought. Some analysts are now bracing themselves for a test of even lower levels, with $40,000 an especially significant zone. Unrest in Kazakhstan has also contributed to BTC's woes as the country is a major hub for mining.
A video has been doing the rounds that appears to reveal Walmart's vision for the metaverse. It shows a shopper in a digital supermarket, where aisles are stocked with virtual representations of physical goods. The upper half of a Walmart employee offers assistance throughout the experience, too. There's just one problem: the clip is five years old. It was actually created to wow attendees at the SXSW back in 2017 — offering an insight into what the world of shopping could one day be like.
Airbnb's CEO has revealed that the company is looking into accepting cryptocurrencies as a payment method. At the start of 2022, Brian Chesky invited his 400,000 followers to get in touch with their suggestions on how to improve the house rental platform. He subsequently revealed that he had received more than 4,000 comments — and crypto payments were the top suggestion. Unfortunately, there are no guarantees that this high demand will translate into action.