When should I buy Bitcoin? - cyptoranking.com
2024-04-28
However, the mega whales on the network ($158 million+) have shown behavior more in line with the aggregate 1,000+ ETH group, as they have distributed heavily since 2020. Though the decision doesn’t force the SEC to approve GBTC’s conversion to an ETF, it prevents the regulator from denying such an application on the grounds previously used. When should I buy Bitcoin?VC Roundup: Investors eye blockchain analytics, gaming and crypto privacy Yuga Labs is announcing a restructuring that will better focus our team on our core priorities. While certain roles have been impacted, these changes are necessary to evolve as an organization. For more see a note written by @dalegre on our https://t.co/722YfqwaCB official blog.
However, Saiers still sympathizes with those who’ve lost savings in the crypto sector, from obscure projects to FTX. Rather than protecting these taxpayers, he sees the SEC approving bailouts for big banks, even while America’s national debt climbs. Related: Bitfarms increases mining pace, generates 411 BTC in September How to Earn Free Crypto in 2023-Most Profitable MethodsIn the last week of September alone, more than 8,900 ERC-6551 accounts were activated. “The extra juicy opportunities lie with projects that maybe haven’t seen any special price decouplings recently, yet have a surge in network growth, or whale transactions and accumulation.” He further added that these projects are “at minimum, likely to have some increased volatility due to extra activity that hasn’t existed on their respective networks in quite some time.”
Securitization, a practice with over 50 years of history, is undergoing a dramatic transformation, believes Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers.During CNBC’s Delivering Alpha event, Johnson said tokenization — the process of converting asset ownership rights into digital tokens on a blockchain — is akin to “securitization done on steroids,” a term often used to describe something that exceeds expectations. Johnson’s remarks were part of an analysis of the future of alternative investment vehicles. The executive noted that available capital and technology disruption have attracted more companies and CEOs to invest in “things for the future,” like blockchain technology. Johnson said:“One is it allows a payment mechanism. Number two, it allows smart contracts to be programmed into the token. And three, because it’s a general ledger, it has a source of truth. So whoever has that token, all rights in that token are granted to that person.”Johnson used Rihanna as an example to illustrate her point of view. In February, the singer released one of her popular songs as a nonfungible token (NFT), allowing holders to partially earn royalties on streaming. “My favorite example is Rihanna,” she commented about the NFT collection launched just before the Super Bowl. “I know she’s just testing the market in these 300 NFTs [...]. Well, why can she do that? She can do it because when Spotify plays a Rihanna song, it can capture the smart contract, execute and say: ‘I owe royalties here so nobody has to be involved in it.‘ And it can take the fractional payment and go to Frank, a big Rihanna fan.” Athletes can also benefit from tokenization, according to Johnson:“Think [about] athletes are going to sign a big contract. They’ll say to their fans ‘I’m going to sell off tokens worth 10% of my future revenue stream.‘ I’m going to sell 100,000 tokens and boom, the fans are probably going to pay a premium for it. So it will be a way and if you think about it, it’s just securitization done on steroids.”1/ The Future is Tokenized CultureFranklin Templeton’s Jenny Johnson nails it at CNBC ‘Delivering Alpha’. - Tokenization = Securitization on Steroids- Tokenization of Cultural IP via NFT Royalty Streams. Rhianna is creating modern era ‘Bowie Bonds’ for fans that can… pic.twitter.com/Vrfqyne7SM— Ram Ahluwalia, higher for longer crypto CFA (@ramahluwalia) September 30, 2023 What's the Environmental Impact of Generative AI Tools? World's Top-Ranked Crypto Exchange Adds ...In a related development, another trader Crypto Tony disclosed his targets for ETH over the next few months. According to Tony, ETH may lose much more than 20% of its value, and drop toward $870. OKB is a cryptocurrency released by the OK Blockchain Foundation and the renowned OKEx crypto exchange. The OKEx utility token allows users to access special features on the crypto exchange. OKB traded for $43.27 at the time of writing, reflecting a 0.93% gain in the past 24 hours. Data from CoinMarketCap showed OKB’s market cap to be approximately $2.6 billion.
Things have not gone too well for the ETH / BTC valuation after the Merge as lower highs and lower lows have been consistently set on the 1-week chart. However, Cowen also highlighted that the deflationary aspect that came along with the Merge could cause ETH to behave differently than in previous cycles, making it even harder to predict what is next. In an interview with CNBC’s Squawk Box, Jones drew attention to escalating geopolitical risks and a deteriorating US fiscal position: Ripple (XRP) ArchivesThis coincides with the departure of several executives from crypto exchange Binance’s United States division, Binance.US. Transparency and fair play
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