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Thumzup Media Corporation (NASDAQ: TZUP), a company tied to the Trump family, has provided a $2.5 million loan to DogeHash Technologies to expand Dogecoin mining. The financing will fund more than 500 new ASIC units, lifting DogeHash’s fleet above 4,000 miners.

Meta has reportedlyto reduce its budget for Reality Labs, the company’s division for metaverse hardware and software development. While the 20% reduction is expected to yield about $3 billion, analysts asserted that the amount could be utilized for Meta’s AI initiatives.

Trump Org has filed a trademark application for “TRUMP,” indicating a larger push into digital assets. The filing details plans for a TRUMP-branded metaverse and a platform for trading NFTs and cryptocurrencies, limited to those “authorized by the 45th and 47th President of the U.S.”

According to a Strategy and PwC , the metaverse industry will inject $15 billion into GCC (Gulf Cooperation Council) countries by 2030. The report noted existing metaverse initiatives in Saudi Arabia and the United Arab Emirates that could extend to the rest of the region. Strategy and PwC noted the GCC aims to explore the “enormous possible impact” of the metaverse in energizing and transforming various sectors in their economies.

Pudgy Penguins (PENGU) is attracting significant in the broader cryptocurrency industry, aiming to surpass Pokémon and Hello Kitty as a global intellectual property (IP).

One of the hosts of the Cheeky Crypto YouTube channel has that 2024 would be the year for alternative cryptocurrencies, pointing out Altcoin sectors that could net investors a 100-fold return on investment.