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Today’s Cryptocurrency Headline
According to The Verge, Microsoft is working with Meta (formerly Facebook) to integrate its metaverse related product, Microsoft Teams, into Meta’s Workplace platform. Microsoft Teams integration with Workplace to enable users to use Workplace related services through the Teams App. In addition, Workplace is integrated with Microsoft’s SharePoint, OneDrive and Office 365 suites, Azure Active Directory. A version of Microsoft Teams chat and meeting app with digital avatars is Microsoft’s first metaverse product. The product is currently being tested and is scheduled for launch in the first half of 2022.
Bingbon’s Bitcoin Chart
Source: TradingView& Bingbon
BTC price hit another record high yesterday, testing $69,000 for the first time before falling. Many investors see Bitcoin as an inflation hedge. Altcoins, meanwhile, have replicated Bitcoin’s moves in a mild decline. BTC could fall as low as $62,000 as a support level in the near term if $66,000 is not recovered. The Fear & Greed index is 77 today (from 75 yesterday), according to Alternative data, with the level of greed rising from yesterday and the rating still being greed.