Cryptocurrencies and blockchain technology continue to make headlines this week. Binance, one of the world's largest crypto exchanges, is partnering with Twitter to help the social media giant with its blockchain initiatives. This comes as Elon Musk, one of the most well-known proponents of crypto, announces that he has finalized a deal to purchase Twitter.
Elsewhere, Interpol has warned that the metaverse could open up a whole new world of crime, while Fidelity Investments has added support for institutional ether trading. Central banks in Asia and the Middle East are also claiming success with digital currency pilot programs.
And in other news, experts are divided on whether or not Bitcoin will continue to rise in the coming months. Some believe that the popular cryptocurrency could rally to $63,000 ahead of its next mining reward halving, while others caution that a sharp price drop could be on the horizon.