Posted 2 months ago | by Catoshi Nakamoto

The food industry is setting up shop in the Metaverse, MicroStrategy is set to buy more Bitcoin and the FEDs preferred inflation indicator puts in a 40 year all time high. My name is Ben. This is your crypto nightly news wrap-up.

There’s no pizza like virtual pizza. Following in the footsteps of McDonalds, Burger King and Panera Bread, Yum Brands has submitted several trademark applications for NFTs and Metaverse services. Yum Brands includes the likes of Taco Bell, Pizza Hut and Kentucky Fried Chicken. A tweet from metaverse trademark lawyer Mike Kondoudis indicates the trademark applications KFC and the others filed for are for virtual food and drinks, NFT and NFT backed multimedia, online stores featuring virtual goods and virtual restaurants featuring real and virtual foods. In a recent press release, Kondoudis stated, “Clearly, Yum Brands sees the potential of the Metaverse and is preparing its trademarks and brands for the virtual economy that will dominate it.” Yum brands isn’t alone on this move either as other companies that have recently filed for trademark applications include Arby’s, Baskin Robbins, Buffalo Wild Wings, Jimmy Johns, Sonic, Dunkin and Hooters. If that’s not enough to make your avatar’s stomach rumble, Guy Fieri will be mixing his special sauce in Flavortown as well. Soon, you’ll notice every notable global brand jump into NFTs and the metaverse because they see the marketing opportunity and no one wants to get left behind. With our long-term mindset in mind, this is very bullish for the future of NFTs and crypto integration and at least we’ll never get hangry in the Metaverse.

The more attention you pay to this industry, you will see a handful of certain names be repeated over and over again and there’s a reason for that. These seasoned trading veterans and macroanalyst have earned their accolades through decades of success using tried and true tactics…so when they make a big move, it’s worth paying close attention to. MicroStrategy CEO, Michael Saylor is accumulating Bitcoin in a big way and he’s not scared to use other people’s money to do it. MicroStrategy’s subsidiary, MacroStrategy is now set to buy a large amount of bitcoin following a $205 million dollar loan from SilverGate Bank. Silvergate provided the loan through its SEN leverage program. The SEN leverage program, provides secure, institutional grade access to capital through U.S. dollar loans collateralized by Bitcoin. (source) reports, “Under the terms of the agreement, MacroStrategy will use the loan proceeds to purchase bitcoins, pay fees, interest and expenses related to the load transaction or for MacroStrategy’s or MicroStrategy’s general corporate purposes.” Michael Saylor is playing the long game and he’s not afraid to take on such a big loan because he knows that the Bitcoin he buys using that money is going to pay for itself and put him even further into the green. He even weighed in on the $205 million dollar loan by stating, “Using the capital from the loan, we’ve effectively turned our Bitcoin into productive collateral, which allows us to further execute against our business strategy. reports that MicroStrategy is, “the largest corporate Bitcoin holder, owning nearly $6 billion worth of the asset.” Whale moves like this are a great indication on the bullish potential for Bitcoin in the coming years.

Although the Consumer Price Index is the most commonly watched inflation tracker, that’s not the one the FED has been paying close attention to. The tracker they have been following is the Personal Consumption Expenditures price index, also known as the PCE. What’s the difference between the two? says, “The CPI measures the change in the out of pocket expenditures of all urban households and the PCE index measures the change in goods and services consumed by all households and nonprofit institutions serving households.” The U.S Central bank uses PCE instead of CPI to gauge inflation, “because it encompasses a broader range of costs.” (source) Given the supply chain issues as a result from the Russian invasion of Ukraine, the PCE index is up 6.4% compared to last February, marking an all-time high in over 4 decades. A recent report from the Bureau of Economic Analysis states, “The 34.9 billion increase in current dollar PCE in February reflected an increase of $98.3 billion in spending for services that was partly offset by a $58.9 billion decrease in spending for goods.” The report also mentioned that energy prices have increased 25.7% and food prices increased 8% as well. While the prices are up, the report also indicated that consumer spending has slowed from 0.2% to 2.7% in January. Prices are higher, spending is lower, yet inflation is still putting in record numbers. This combination indicates to me that the FED needs to continue its hawkish approach towards hiking up the interest rates, which is why Bitcoin and other crypto assets are the best bet to hedge against this record high inflation. It’s simple math. Use a depreciating asset to buy an appreciating asset.

That’s all I got, be blessed. BitBoy Out.

About Catoshi Nakamoto

c6ea0c3794492f30883e516d39b2597a?s=90&d=blank&r=g This Man Knows MORE Than You About Crypto (Bitcoin Buying War Has Started)Activist/Journalist, former writer - We Are Change, The Mind Unleashed, Coinivore, others. Currently writing for - Activist Post and Bitboy Crypto. Not Right or Left Apolitical. I Care About Truths (CATS.) Cryptocurrency enthusiast, I mined and lost 100+ BTC in 2010-2011. I work with - Bitboy, SoMee, CEEK, Presearch, and W3BT aka FMW Media Group. Friend of mostly everyone who isn't a dick. Just A Cool Cat.