Billionaire and real estate magnate Barry Sternlicht says that he owns Bitcoin (BTC) and Ethereum (ETH) for a number of reasons. In a new interview with CNBC’s Squawk Box, the chief executive of Starwood Capital says that he’s invested in crypto due to his concerns regarding endless money printing and what he sees as questionable …
Yearly archives: 2021
$69,000,000,000 Pension Fund Considering Allocating Capital to Crypto Space
Australia’s fifth-largest pension fund is reportedly considering allocating capital to the crypto markets. The Financial Times reports that Queensland Investment Corporation (QIC), which manages $69 billion worth of assets, is open to making cryptocurrency investments in the future even as it remains cautious of the nascent digital asset space. ADVERTISEMENT QIC’s head of currencies …
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Portfolio rebalancing through DeFi must be simplified to see adoption
Central banks and key leaders are increasingly raising further alarms for rising inflation, causing spirals of doubt across the world. Just recently, United States Treasury Secretary Janet Yellen called for Congress to either raise or suspend the U.S. debt ceiling, stating that the government will run out of money to pay its bills by October. What …
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Centric Swap leads ‘Uptober’ after a swift 1,000% gain. Here’s why it could go higher
In the past few weeks, Centric Swap (CNS), a dual-token model that gives stakers a fixed hourly yield that “stabilizes over time as it self-regulates token supply to meet ongoing changes in demand,” has rallied more than 850% and still about 200% away from its previous all-time high. Data from Cointelegraph Markets Pro and TradingView …
Next Bitcoin price crash will be ‘shallower’ than 80%, says Pantera Capital CEO
Bitcoin (BTC) market’s tendency to crash by over 80% after logging strong bull runs might come to an end. That is according to a new report published by California-based hedge fund Pantera Capital. In detail, the report notes that the recent periods of BTC price drops have been less severe than in the past. For …
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Energy from Bitcoin Mining to be used to Generate Heat in North Vancouver
North Vancouver is making plans to generate heat using the energy released through Bitcoin mining. MintGreen and Lonsdale Energy (LEC) are the two firms partnering for this new initiative. If this plan goes through, North Vancouver will become the first major city that uses Bitcoin mining to generate heat for residential and commercial properties. Bitcoin …
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Fasten your seatbelt: Crypto’s impact on marketing has only just begun
The road to the adoption of blockchain and crypto in the marketing industry is a long and winding road. But make no mistake about it: Transformation is well on its way and the road will soon turn to a highway. As someone who has been a creative director, agency owner/partner, strategic planner, chief marketing officer …
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How to modify or cancel a pending Ethereum transaction
Ethereum is an open-source blockchain-based software platform with thousands of decentralized applications (DApps) that powers its native cryptocurrency, Ether (ETH), that can be sent and received globally without any third-party interference. First conceptualized in 2013 by Russian-Canadian programmer Vitalik Buterin, Ethereum was designed as a platform for self-executing, permanent and immutable DApps with use cases …
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Why the upcoming Bitcoin futures ETF may not be good news for retail investors
The time has finally come — the U.S. Securities and Exchange Commission (SEC) has finally approved the first Bitcoin ETF — albeit for futures and not a spot traded fund. Some say this is good news, especially from a mainstream acceptance perspective. But others disagree, specifying a shift of power to Wall Street and the …
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This photographer is celebrating Stephen Hawking by minting an NFT of his most famous photo
Art is ever-changing. Styles, color palettes, and different types of media can fall in and out of favor. But as adaptable and ever-changing as it may be, one thing remains constant — art is about challenging, changing, and shifting the perspective of the viewer. Many believe that NFTs are opening a whole new world of …
Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces “financial ruin” with “Bukele at the helm,” after El Salvador’s …
Bitcoin’s Unknown Creator Satoshi Nakamoto Is Now the 20th Wealthiest Person on Earth
In mid-April the creator of the Bitcoin network, Satoshi Nakamoto entered the world’s top 20 richest billionaire list but after bitcoin’s price dropped, the inventor’s wealth plummeted. This week, Nakamoto has once again joined the top 20 richest people on the face of the earth. The last time, Nakamoto made the 19th position, and this …
Is Solana the Fastest Horse? Veteran Crypto Trader Shows Why SOL May Be Set to Outperform Everything
A closely followed trader suggests that smart contract platform Solana (SOL) might be the fastest horse in the crypto bull market. The trader known as Cantering Clark shares with his 76,000 followers a snapshot of a collection of different cryptos throughout the day. ADVERTISEMENT He notes that even while Bitcoin was receiving all of …
6 Questions for Yat Siu of Animoca Brands
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yat Siu, the co-founder, group executive chairman and managing director of Animoca Brands, who leads various NFT projects. …
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Bitcoin Bull Tone Vays Says Pullback Coming – Here’s His New Crypto Outlook
Veteran crypto trader Tone Vays says despite Bitcoin rising very quickly with its daily and weekly charts, a pullback is imminent. In a recent live stream during the rumored approval announcement of a Bitcoin (BTC) exchange-traded fund (ETF), Vays expects BTC to reach a high of around $62,000 by the 19th of October. ADVERTISEMENT …
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