Potential Economic Impacts of China and Taiwan, Bear Market Warnings, and Metaverse News from Barcelona — Bitcoin.com News Week in Review – The Weekly Bitcoin News

From ominous speculation about the potential economic impact of a military conflict between Taiwan and China, to a market flooded with designer watches after the cryptocurrency downturn, to warnings of a worse bear market and football franchises advancing in the realm of virtual world ambitions, there are In the world of cryptocurrency news, once again there is never a dull moment. Without further ado, here’s your short rundown of the week’s top stories from Bitcoin.com News.

Reports say Beijing's attack on Taiwan could have 'profound economic consequences'

Reports say Beijing’s attack on Taiwan could have ‘profound economic consequences’

While the global economy remains sluggish and the war in Ukraine continues, relations between China and Taiwan are strained. U.S. Representative Nancy Pelosi from California plans to visit Taiwan this week, and White House officials say China is preparing for a “military provocation.” Also, in the past few weeks, there have been reports that the global economy could collapse if China launches a military attack on Taiwan.

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Prominent investor Jim Rogers warns the 'worst' bear market of his life is yet to come

Prominent investor Jim Rogers warns the ‘worst’ bear market of his life is coming

Jim Rogers, a veteran investor who co-founded the Quantum Fund with billionaire investor George Soros, has warned that more bear markets are on the way and that the next one will be the “worst” of his life. He pointed out that many stocks will fall by 90%, and stressed that investors will lose a lot of money.

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Crypto slump floods market with Rolex and Patek Philippe watches, trading platform says

Crypto slump floods market with Rolex and Patek Philippe watches, trading platform says

According to a leading trading platform, the latest problems in the crypto space have allegedly led to an increase in the supply of second-hand luxury watches. As a result, prices on sought-after models from major brands such as Rolex and Patek Philippe have fallen, the company revealed.

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Barcelona

Socios.com to invest $100 million in FC Barcelona Metaverse Push

Socios.com, a company working on developing a fan engagement token for sports organizations, has revealed that it will invest $100 million in the digital business of FC Barcelona’s Barça Studios. The investment will give Socios.com a 24.5% stake in the club’s digital division and will allow it to reshape the division’s Metaverse and Web3 strategy to include more revenue streams.

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tags in this story

Bear Market, China, Crypto Market Downturn, Economic Impact, FC Barcelona, ​​Jim Rogers, Metaverse, Military, Patek Philippe, Pelosi, Rolex, Socios, Sports Metaverse, Taiwan, Watches

What are your thoughts on the top stories from Bitcoin.com news this week? Be sure to let us know in the comments section below.

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