Gordon Ramsay’s Hell’s Kitchen × The Sandbox

Hell’s Kitchen Enters the Metaverse

This week, hit virtual gaming world The Sandbox announced a partnership with ITV Studios and Gordon Ramsay to bring the TV show Hell’s Kitchen into the metaverse. The virtual Hell’s Kitchen is set to open on ITV’s virtual land in The Sandbox, and fans of the smash hit show will have the chance to relive their favorite moments in the metaverse. This first-ever culinary experience in the Metaverse includes functional and interactive elements personally co-designed by Gordan Ramsay.

us m2 money supply yoy

The main cryptocurrency market was lower than the previous day. The bears have gained the upper hand again, with Bitcoin and Ethereum failing to break out of their respective key resistance levels. BTC has broken below the bullish trend line connecting the July 15 and July 26 lows and will test the 50-day moving average at $22,300. At the time of writing, the largest cryptocurrency by market cap has lost 2.8% in the past 24 hours and is currently trading at $22,800. In the derivatives market, the strike price of put options expiring this week suggests that bears expect BTC to expire below $24,000, while most call options will expire worthless. BTC’s 25-day skew broke above the downtrend line, signaling higher protective put prices, another bearish sign for BTC’s short-term move.

Looking back at history, the year-on-year change in the US M2 money supply can be seen as a bellwether for the BTC bull market. The growth of the money supply in July next week is expected to slow down, and the BTC market will face pressure until the “Fed policy reversal” signal appears.

Similar to Bitcoin, ETH has lost 1.39% in the past 24 hours, falling back to $1,800. Ethereum core developer Tim Beiko claims that preparations for The Merge mainnet merger have been completed, allowing ETH to maintain its stellar performance against BTC and other non-mainstream coins. Major altcoins took a hit, with AAVE, UNI and LDO leading the downside correction with a 10% drop over the past 24 hours.