MicroStrategy wants more Bitcoin

Thursday's going to be one of the biggest days in crypto history. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap 1.05T (-0.76%) 24 Hour Volume 74.60B (+3.87%) Notable Movers[(APE) $5.51]( (+0.28%) Notable Movers (DeFi)[(AVAX) $21.60]( (+21.60%) Bitcoin Dominance 39,59%[(+0.49%)]( Bitcoin Price[(BTC) $22,137.68 (+2.30%)]( Ethereum Price[(ETH) $1,746.29 (-1.18%)]( Cardano Price[(ADA) $0,5167 (+0.74%)]( Editor's Note Miriam Webster Get an Update Did you ever expect that your favorite Crypto Twitter slang would become something that you can actually look up in a dictionary? Miriam Webster published their new words in September list, and there are a fair share that could be related to crypto — some really obvious ones like metaverse and altcoin, but some more tangential ones like unbanked, use case, supply chain and side hustle, LARP…(kidding). Metaverse coming to Mirriam Webster only in 2022 doesn’t seem late when you consider how recently the term began being used in crypto (Facebook turned into Meta within the past year, etc, metaverse worlds like The Sandbox and Decentraland took off only recently, etc.), but it seems really late when you consider the fact the Neal Stephenson coined its usage in his 1992 Snow Crash sci-fi novel. It was last November when Mirriam Webster singled out metaverse as a “word to watch,” noting that the new or unfamiliar nature of the metaverse naturally has made its usage a bit unstable, as it could refer to Stephenson’s computer negerated universe, Mark Zuckerberg’s immersive yet commercial VR environment, the training of pilots (truly) and many different crypto projects with economic implications. Back then, it did not meet their criteria to actually be included in the dictionary. One year later, it seems like metaverse has now made the cut. That doesn’t necessarily mean that its usage is more clear, it just means that it is used more often, according to Mirriam Webster’s editor research. So — will its new, official definiton make it easier to explain what exactly the metaverse is now? Or is this somewhat elusive term still the case of “how do you catch a wave upon the sand”? metaverse1computing : a persistent virtual (see VIRTUAL sense 2) environment that allows access to and interoperability of multiple individual virtual realities also : any of the individual virtual environments that make up a metaverse 2 cosmology : the hypothetical combination of all co-existing or sequentially existing universes. CMC-Community Spotlight of the Day 2 Domain Naming]( In today’s CMC Community Spotlight, ZKSpace goes through the new possibilities for decentralized naming as part of their layer 2 ecosystem. Today’s Top Stories Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! [Today’s Top Stories ] breaks through $22,000]( 🔥 Bitcoin has broken through $22,000 as the crypto markets show signs of momentum. However, analysts are divided as to how long the rally will last — as concerns over inflation, interest rates and the threat of a recession haven't subsided. For the best part of two weeks, BTC had been struggling to break through $20,000 — and the world's biggest cryptocurrency slumped to two-month lows of $18,700 last Wednesday. But there was a reversal of fortunes on Friday, with Bitcoin accelerating beyond $20,000 and $21,000 with little resistance. All of this comes as MicroStrategy unveils plans to sell $500 million of stock — funds that would be devoted to buying even more Bitcoin. counts down to the Merge]( 🚨 Google has added a countdown clock for The Merge to search results, as Ethereum's much-anticipated switch to a Proof-of-Stake blockchain nears. All of this comes as the number of global searches for "Ethereum Merge" hits an all-time high — with Singapore, Luxembourg, Cyprus, China and Switzerland driving the most traffic. Google's countdown clock shows two bears, wearing Ethereum necklaces, running toward each other for a hug — illustrating plans for the Proof-of-Work and Proof-of-Stake chains to unite. Estimates based on difficulty and hash rate indicate that The Merge will be finalized on Thursday morning, but it's impossible to provide a precise time. ETH's price has risen by 12% in the past week. 'will miss Proof-of-Work']( 👀 A vocal critic of The Merge has claimed the Ethereum community will miss Proof-of-Work when it's gone. Speaking to the CoinMarketRecap podcast, Justin Sun even suggested that Tether and Circle — the two biggest stablecoin issuers — may even reconsider their support for Proof-of-Stake. "People will start to realize that Proof-of-Work is essential to a smart contract platform," he said. Sun went on to warn that more Ethereum smart contracts could get censored in the future — and large staking providers such as Coinbase will be given a dilemma: Stop transactions, or face shutting down their business. But Bankless co-founder David Hoffman has questioned this — and argues Coinbase isn't as centralized as some believe. loses $1m in pig butchering scam]( 😑 A man has lost $1 million worth of crypto after falling victim to a pig butchering scam. Cy's story has been revealed in devastating detail by Forbes, which obtained 271,000 words of WhatsApp messages between him and his attacker. The 52-year-old was contacted out of the blue by a woman called Jessica who claimed they were old colleagues — and as the conversation turned friendly, he felt comfortable enough to talk about his financial difficulties and ill father. It took just two months for Cy to be duped out of a seven-figure sum — and to make matters worse, a quarter of it was borrowed. There's little chance Cy will get his money back. To make matters worse, there's evidence that the scammers themselves are victims of human trafficking. Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Written by Molly Zuckerman and Connor Sephton Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2022 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States