Yahoo Finance crypto reporter David Hollerith breaks down the outlook on crypto after European regulators take cryptocurrency meltdowns into consideration, as well as Meta's timeline to discontinue its Novi digital wallet feature by September 1.
The metaverse is a network of virtual reality worlds. Yahoo Finance's new show 'The Crypto Mile' takes us on a tour through these digital dimensions that are expected to have a market of over $600bn by 2030.
The market capitalisation of the sector has tumbled to about $900bn from a peak of almost $3trn late last year.