Before the long weekend, we wanted to give a quick overview of a few corners of the news we keep in mind.
Crypto may be more alive than almost everybody previously thought. While FTX founders are pleading guilty to fraud, investors say Bitcoin is primed to enter a new season of volatility. A period of calm for bitcoin amid macroeconomic movement signals traders approaching turbulence - which doesn't mean up or down, just big and moving.
Metaverse is still Meta's focus despite finding it "Harder than we expected." The company will keep the project at around 20% of its total investments. Meta is not the only Metaverse game in town. Other companies and creators are still exploring it as the future of artistic expression, education, social media, and even dating.
Ukraine's President visited Washington DC to deliver a speech just as Russian losses in the conflict reached a staggering 100K. Putin called the visit to the US a mistake by Zelensky. Meanwhile, the US has sent more money and equipment to Ukraine for defense efforts and a pledge to support them "as long as it takes."