Elon Musk, Dogecoin, and the Great Metaverse Land Grab

Today's News

Welcome to today's news. We've got a lot to cover, so let's get started.

First up, billions of dollars are being spent in what's being called a "metaverse land grab." This is happening as businesses try to get a foothold in the virtual world, which is becoming increasingly popular.

Next, we have an exclusive report on how the crypto exchange Binance helped Iranian firms trade nearly $8 billion despite sanctions.

After that, we'll take a look at a report from Santander that says the bank will block UK transfers to crypto exchanges in 2023.

Then we'll have some breakingviews on the US stock market.

And finally, we'll take a look at three cryptos that could explode now that Elon Musk owns Twitter.


  1. Billions being spent in metaverse land grab - companies are spending billions of dollars to acquire land in virtual reality worlds, as they see potential for these spaces to become major platforms for commerce and entertainment.
  2. EXCLUSIVE Crypto exchange Binance helped Iranian firms trade $8 billion despite sanctions - Binance, one of the world's largest cryptocurrency exchanges, allegedly helped Iranian firms trade over $8 billion worth of cryptocurrency despite US sanctions.
  3. Santander to block UK transfers to crypto exchanges in 2023 - Santander, one of the largest banks in the UK, has announced that it will block any transfers made to cryptocurrency exchanges starting in 2023.
  4. Breakingviews - a financial news and opinion website that provides analysis of global events from a variety of perspectives.
  5. Dow rises 403 points in volatile session as investors assess strong jobs report and path of rate hikes - the Dow Jones Industrial Average rose 403 points in a volatile session on Friday, as investors assessed a strong jobs report and the prospects of further interest rate hikes.
  6. US stocks surge after solid jobs report and speculation of China emerging from lockdowns - US stocks surged on Friday after a solid jobs report and speculation that China was emerging from lockdowns.
  7. After months of a slumping economy, layoffs are finally starting to hit finance firms - after months of economic slowdown, layoffs are finally starting to hit the financial sector.
  8. Major crypto trading firm Alameda Research might be insolvent - there are rumors that Alameda Research, one of the largest cryptocurrency trading firms, might be insolvent.
  9. The MarketWatch 50: Rohit Chopra is cracking down on big banks and Big Tech—and business groups claim he’s out of control - MarketWatch 50 profile of Rohit Chopra, who is leading the charge against big banks and Big Tech.
  10. NFT vending machine appears in London - an NFT vending machine has appeared in London, allowing people to purchase digital assets with cash.
  11. Twitter's mass layoffs are set to begin Friday morning - Twitter is set to begin its mass layoffs on Friday morning, with hundreds of employees expected to be affected.
  12. This Week in Crypto: Elon Musk, Dogecoin, Zimbabwe - a recap of the week's cryptocurrency news, including Elon Musk's comments on Dogecoin and the situation in Zimbabwe.
  13. US Jobs Top Forecasts Creating Mixed Picture for Fed (Podcast) - a podcast discussing the latest US jobs report and what it means for the Federal Reserve's interest rate policy.
  14. Our Best Reads of the Week - a roundup of MarketWatch's best articles of the week.
  15. Can You Retire Exclusively With Crypto? - a guide to retiring with cryptocurrency.
  16. Instant Reaction: Coinbase's Cost Cuts, Subscription Growth, and Cash Position - a look at Coinbase's cost-cutting measures, subscription growth, and cash position.
  17. Why Coinbase Stock Jumped on Friday - a look at why Coinbase stock rose after the company announced cost-cutting measures.
  18. Up More Than 40% for the Month, Is This Metaverse Crypto Now a Buy? - a look at whether the metaverse cryptocurrency is a good investment.
  19. Bitcoin and Ethereum Popped and Dogecoin Flopped on Friday - a look at the price movements of Bitcoin, Ethereum, and Dogecoin.
  20. 3 Cryptocurrencies That Could Explode Now That Elon Musk Owns Twitter - a look at three cryptocurrencies that could benefit from Elon Musk's ownership of Twitter.
  21. Coinbase Global, Inc. (COIN) Q3 2022 Earnings Call Transcript - a transcript of Coinbase's earnings call for the third quarter of 2022.
  22. The Market Is Sleeping on This Stock. It's Time to Buy - an analysis of a stock that is undervalued by the market.
  23. fuboTV, Inc. (FUBO) Q3 2022 Earnings Call Transcript - a transcript of fuboTV's earnings call for the third quarter of 2022.
  24. MercadoLibre (MELI) Q3 2022 Earnings Call Transcript - a transcript of MercadoLibre's earnings call for the third quarter of 2022.
  25. Square Enix's secret project is actually an NFT game - it has been revealed that Square Enix's secret project is an NFT game.
  26. Elon Musk: Companies Choosing Not to Buy Ads With Me Is Killing Free Speech - Elon Musk has claimed that companies that choose not to buy ads with him are killing free speech.
  27. 2:00PM Water Cooler 11/4/2022 - a roundup of the day's business news.
  28. This sneaky hijack malware replaces your crypto addresses with lookalikes - a new type of malware has been discovered that replaces cryptocurrency