Metaverse Takes Shape, Pepe Climbs Higher and Bitcoin ETF Delayed Again

We have to admit, that new Metaverse video of Lex Fridman and Mark Zuckerberg looks very good, which is probably great news for crypto-coins linked to virtual universes such as that of Meta (formerly Facebook).

Crypto has had a good few days in the runup to ‘Uptober’ and one of the biggest winners from the top 100 was Pepe, which refuses to die down.

The SEC has once again managed to suspend the approval of Bitcoin ETF applications from some Wall Street companies, including Blackrock.

Metaverse

When Meta CEO Mark Zuckerberg announced in 2022 that he would change Facebook’s name to Meta and focus the company’s engineers on virtual universes, he got some laughs because of his PR video. Iceland even made a parody.

Here’s my conversation with Mark Zuckerberg, his 3rd time on the podcast, but this time we talked in the Metaverse as photorealistic avatars. This was one of the most incredible experiences of my life. It really felt like we were talking in-person, but we were miles apart 🤯 It’s… pic.twitter.com/Nu8a3iYWm0

— Lex Fridman (@lexfridman) September 28, 2023

A year later and we have to admit that the latest technological developments look quite good. For a podcast with interviewer Lex Fridman, Zuckerberg was interviewed in the Metaverse, both of them hundreds of miles apart. Yet it seems as if the two are in the same room and the avatars also look very realistic this time.

Pepe

Crypto is doing quite well in the run-up to ‘Uptober’, traditionally the best month for Bitcoin. One of the biggest gainer in the CoinMarketCap top 100 was Pepe which rose about 15% in the past week.

The big buys just keep comin’! $PEPE pic.twitter.com/TwQSXogivQ

— chefderek.eth 🐸 (@chef_derek1) September 29, 2023

While we have thought several times that the ultimate memecoin of 2023 would go to 0, it refuses to leave.

Bitcoin ETF

The SEC also refuses to give up in its fight against the approval of a Bitcoin ETF.

NEW: 🇺🇸 SEC delays BlackRock, Valkyrie, and Bitwise spot #Bitcoin ETF application decisions.

Also expected to delay WisdomTree, Vaneck, and Fidelity’s applications. 🤨 pic.twitter.com/HXx7RSWobu

— Bitcoin Archive (@BTC_Archive) September 29, 2023

Although Blackrock and many other Wall Street firms can’t wait to offer it to their many clients, Gary Gensler’s SEC continues to find reasons to abandon the endorsement. Bitcoin’s price didn’t even react to the news.