U.S. Markets close in 2 hrs 54 mins
  • S&P 500

    4,593.00
    +15.89 (+0.35%)
     
  • Dow 30

    35,427.17
    +58.70 (+0.17%)
     
  • Nasdaq

    14,576.61
    +69.71 (+0.48%)
     
  • Russell 2000

    2,094.08
    -2.14 (-0.10%)
     
  • Crude Oil

    87.13
    +1.70 (+1.99%)
     
  • Gold

    1,841.20
    +28.80 (+1.59%)
     
  • Silver

    24.23
    +0.73 (+3.12%)
     
  • EUR/USD

    1.1348
    +0.0018 (+0.1589%)
     
  • 10-Yr Bond

    1.8400
    -0.0250 (-1.34%)
     
  • Vix

    22.40
    -0.39 (-1.71%)
     
  • GBP/USD

    1.3628
    +0.0029 (+0.2139%)
     
  • USD/JPY

    114.2850
    -0.3000 (-0.2618%)
     
  • BTC-USD

    42,109.73
    +642.66 (+1.55%)
     
  • CMC Crypto 200

    1,001.14
    +6.40 (+0.64%)
     
  • FTSE 100

    7,589.66
    +26.11 (+0.35%)
     
  • Nikkei 225

    27,467.23
    -790.02 (-2.80%)
     

Metaverse won't be crypto turning point, investor says

In blockchain-based 3D virtual worlds, often referred to as metaverses, users can purchase and trade virtual assets and services using cryptocurrencies. Some analysts have argued the growing popularity of metaverses will drive an explosion in digital tokens.

"I think it will be important but I don't think this is the key turning point," Chesnais, who was until earlier this year the CEO of videogame company Atari told a Reuters Next panel on Thursday.