Walmart Looks To Enter Cryptocurrency And Metaverse Space – January 17


πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $42,173

Bitcoin price is trickling slowly downward within the $42,000s to kick off the week, as bullish price movement cools off quickly once again.

Top-20 altcoins are mostly down over the last 24 hours, as Ethereum falls 4%, Polkadot tumbles 8% and Cardano stands out with a 6% rise.

Top Stories for January 17, 2022 πŸ”₯

πŸ‘‰ Walmart Looks To Enter Cryptocurrency And Metaverse Space

Walmart has reportedly filed several applications and trademarks with the US Patents Office, concerning the cryptocurrency and metaverse space.

The company has plans to sell virtual good and services, including home decorations, toys, games, health and fitness classes and more – all in augmented and virtual reality.

Walmart is following in the steps of Adidas, Gucci, Balenciaga and others, who have also recently entered the virtual reality space.

πŸ‘‰ Binance To Set Up Thai Crypto Exchange In Partnership With Local Billionaire

Binance is partnering with Gulf Innova Company, owned by Thai billionaire Sarath Ratanavadi, to set up a local cryptocurrency exchange.

Gulf Innova is a subsidiary of Gulf Energy that was set up to enter into digital infrastructure. It aims to assist Binance in setting up the exchange with its local business expertise.

πŸ‘‰ Pauses Withdrawals Following Suspicious Transaction Patterns

Wallet provider and crypto platform has paused withdrawals following the discovery of a suspicious transaction pattern on Etherscan.

Several thefts had been reported by customers, with Dogecoin founder Billy Markus noting specific cases of such coin movements on the public Ethereum ledger.