Tag: investment

New Innovative NFT Use Cases that Might Change the World

The transaction volume of the entire NFT market crossed US$16 billion in November 2021. In 2020, it was only US$355 million, which shows how impressive of a run NFTs have made to create a new asset class in the crypto industry. At the beginning of 2021, the market was mainly dominated by sports highlights and trading cards. But in the second half of the year, we saw NFTs take new forms, which created multiple market segments such as virtual real estate, gaming avatars, and fashion.
Seeing the growth and evolution of NFTs, investors started to see long-term value in NFT and metaverse-based…

‘Noisy’ Bitcoin Mining Driving People Insane In Quebec: Why Crypto Is Noisy

Bitcoin and cryptocurrency is the talk of the town right now — miners mine the cryptocurrency by solving complex calculations on computers all day-all night, and while this whole process isn’t as good for the environment, it’s very lucrative for miners and investors who are earning substantial growth as bitcoin’s value skyrockets.The Motley FoolAlso Read: Guy Who Started Illegal Power Plant For Crypto Mining Faces Rs 42 Crore FineHowever, the same happiness isn’t in the luck of the residents of the city of Sherbrooke, Quebec, about 150 kilometres east of Montreal that is home to…

$32bn Grayscale Bitcoin Trust feels the heat from cheaper ETFs

The North American rollout of bitcoin exchange traded funds appears to have tipped the world’s largest crypto fund into a seemingly permanent discount to its net asset value.The $32bn Grayscale Bitcoin Trust (GBTC), which owns 3.5 per cent of the world’s bitcoin, currently trades 15 per cent below the value of its underlying assets.It had traded at a substantial premium to NAV for much of its existence but stumbled to a sharp discount after the emergence of the first North American bitcoin ETF in Canada in February.The flip from premium to discount has hit investors in the…

The 5 best Bitcoin wallets and crypto wallets of 2021

(Pocket-lint) – If you’re interested in buying and storing Bitcoin or another cryptocurrency, you may be looking for the best Bitcoin wallet. For this purpose, you will need an investment app that supports cryptocurrency trading, and you will also need a “wallet” to store and secure your key code for gaining access to your assets.Bitcoin has acquired universal recognition, and its popularity continues to grow. In contrast to equities at a brokerage, you can remove your cryptocurrency from a crypto exchange and store them in an external…

What are blockchain ETFs? – The Economic Times

1. Blockchain ETFs offer an efficient investment vehicle to invest in a select basket of blockchain specific stocks.
2. Blockchain specific stocks are those that have blockchain technology-related operations or profit from the development and use of blockchain technology.
3. Blockchain tech enables companies that use it to cut costs and simplify their operations through decentralisation.

4. Being a theme-based investment, blockchain ETFs carry the inherent risk of non-performance, non-adaptability, or failure of the blockchain ecosystem.
5. They are different from Bitcoin ETFs which…

Hedge Fund Manager Anthony Scaramucci Compares Bitcoin to Amazon in the Year 2000, Predicts Strong…

Renowned hedge fund manager Anthony Scaramucci is comparing Bitcoin (BTC) to e-commerce giant Amazon, which was volatile in its early days but eventually became one of the best-performing stocks.
In a new interview on CNBC’s Squawk Box, the SkyBridge Capital founder says Bitcoin has grown exponentially in terms of fundamentals over the last year and that the recent correction gives investors a chance to buy at a discount.

“If you and I were on this conversation a year ago, Bitcoin had a hundred million wallets. Glassnode is saying there’s about 240 million today, so…

Report Shows Ethereum, Litecoin, Solana ETPs Outperformed Bitcoin Investment Products in November –…

Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs.
Ethereum-Based Investment Product Trade Volumes Increase
Every month Cryptocompare publishes a research report that covers the cryptocurrency investment product landscape. The investment products are ETPs tethered to today’s top…

Are non-fungible tokens a good investment?

Article via Facebook Article via Twitter Article via LinkedIn Article via EmailIn recent years, a trend known as NFTs, or non-fungible tokens have taken the art scene by storm. The market has seen explosive growth in 2021., NFT trading volume hit $10.7 billion during the third quarter, up 723% gain from the second quarter. But NFT’s astonishing success has also led to deep skepticism. So, just how do non-fungible tokens work and is it an asset worth investing in?

$BTC: ARK Invest CEO Explains Why Institutional Investors Are Getting Into Bitcoin

Recently, Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), talked about institutional investment in Bitcoin.

During a virtual interview on November 17 with Barron’s Senior Managing Editor Lauren R. Rublin, Wood said that large institutional investors are making a move into Bitcoin and pointed out the lack of correlation between crypto and other assets.

According to a report about this interview by The Daily Hodl, Wood said:

“We can see who’s moving in and it looks like strong,…

2 Under-the-Radar Metaverse Stocks That Could Make You a Fortune

Metaverse millionaire has a nice ring to it, doesn’t it? There probably will be some investors who become millionaires if the metaverse delivers on its potential.
Several metaverse stocks are receiving the most attention right now. Obviously, Meta Platforms (NASDAQ:FB), formerly known as Facebook, could be a huge winner. The company is pouring billions of dollars into its development efforts. Nvidia, Unity Software, and Roblox also are staking their claims to the metaverse.
But there are some less-prominent companies that could be big winners….

Facebook, Microsoft and others look towards the trillion dollar ‘metaverse’ opportunity — but…

Facebook, Microsoft and others look towards the $1 trillion dollar ‘metaverse’ opportunity — but…

The future of the web is Web 3.0 – with Microsoft, Facebook and Apple, all interested in shaping it.
According to crypto investment firm Grayscale, the industry is a $1 trillion opportunity.
However, the philosophy behind Web 3.0 is for developers to take back control of their content from these tech giants.
Just as cloud technology revolutionised data storage, Web 3.0 is looking to change the way the internet functions — only in a much bigger way. Most leading digital companies and industries, including the world of blockchain. has a laundry list of what they expect Web 3.0 to mean…

Sony and Samsung’s zero-sum rivalry may be recast in the metaverse

In every great historical rivalry — from military commanders and sporting legends to fizzy drinks and R&B divas — the desire for the rival’s destruction usually conceals a terrible throb of awe.And so, for many hotly-contested years, it was with Sony and Samsung — two of the world’s greatest tech companies, bruisingly and brilliantly entwined in their war for dominance. Since then, their strategies and skills (one currently has its eye on Indian Premier League cricket, the other on a $17bn Texan chip plant) have diverged. But the pair, say investors, also look destined to…

Cryptographic enthusiasts want to buy the NBA team after failing to buy the U.S. Constitution

Thousands of crypto investors these days Raised For over $ 40 million, buying a copy of the US Constitution was almost — but ultimately inadequate —. Now, another group of crypto fans is gaining momentum with another acquisition target, the NBA franchise. In both cases, crypto enthusiasts organized under Decentralized Autonomous Organization, or an organization known as DAO, an online group with collective banking accounts and mission statements. Calling himself the Clause House DAO, a reference to the late Chicago Bulls general manager Jerry Cluse, a group of about 2,000 members….

Can a group of crypto investors buy an NBA team?

Thousands of cryptocurrency investors as of late raised more than $40 million and almost — at the end of the day missed the mark regarding — buying a copy of the U.S. Constitution. Now, a different gathering of crypto fans is gathering speed with another obtaining objective: A NBA franchise. In the two cases, the crypto enthusiasts coordinated under what’s known as a decentralized autonomous association, or a DAO, which is an online group group with an aggregate bank account and a statement of purpose. The crowdfunding, as a NFT deal, ended Thursday morning.
The idea isn’t exactly…

Funganomics® Completes Seed Investment Round As It Readies For Nov 30 Presale

Funganomics® has successfully completed its first seed investment ahead of its presale. The completion of the investment round was announced on November 18th and the source of the funding came from a private U.S. investor. This funding will go towards staffing efforts, software enablement, and additional technology infrastructure for the project as it looks to accelerate development in the NFT and Play2Earn gaming space.
Funganomics® had been fully independent and self-funded since the beginning. However, as the project expanded, the need for more funding had…

5 Top Metaverse Tokens to Watch

Many things have gone meta recently, and I’m not just referring to Facebook. It seems like everybody’s talking about the metaverse. And investors are piling into metaverse crypto tokens.Metaverses are virtual worlds where you can socialize, shop, work, visit art galleries, and attend concerts — many of the things you can do in the real world. There are many ideas about how the metaverse will evolve, but some form of cryptocurrency will likely be the payment of choice. We’re already seeing people using crypto to buy land and goods in various virtual universes.So, which metaverse tokens…

Check These 5 Ways to Earn Yield on Your Crypto

Source: Adobe/ntinaiToday’s fast-evolving crypto markets offer a range of yield-generation opportunities for investors who want to generate investment returns on top of capital appreciation. Read on to discover five ways to earn yield on your crypto investments.Staking coinsWhen it comes to earning yield on your digital assets, staking coins is typically among the first options for crypto investors.In the crypto markets, staking refers to the process of locking up your coins to support a proof-of-stake (PoS) based blockchain network and earn rewards in the form of newly minted…

3 Underrated Altcoins to Buy As Polkadot Surges 158%: Crypto Analyst

Bitcoin and ethereum have each had an outstanding 2021 but may be running out of upside.
Mehdi Farooq, a senior analyst at Token Metrics, made the case for polkadot to go on a big run.
The crypto bull shared why he still likes bitcoin and ethereum but is closely eyeing three altcoins.
Mehdi Farooq considers himself to be a bitcoin bull, even though some of his peers might not.The senior investment analyst at Token Metrics admits his price target for the world’s biggest cryptocurrency —…

Innovative Mining Protocol Concludes a Million Fundraise Led by Exnetwork Capital and Oracles…

Innovative Mining Protocol Concludes a $2 Million Fundraise Led by Exnetwork Capital and Oracles…

Leading Venture funds including Exnetwork Capital, CSP DAO, STC Capital, Oracles Investment Group, MoonBoots, Leos Ventures, Global Key Investment, and Aza Groups, have successfully led a funding round for MINE Network. A group of strategic partners including Skyrim Finance, Kylin Network, Charged Particles, and FOMO Chronicles also supported the round, to help MINE Network raise $2 million.
Reportedly, it was an oversubscribed private sale with unimaginable responses from some of the industry’s most influential and trusted names. The project has attracted a slew of high-net-worth…

How to succeed around data science projects

Denise Gosnell, chief data officer at DataStax, discussed how preparation, process and open source can help to ensure success from data science projects It’s important to set out how your projects will support overall business goals.
For businesses, investment in machine learning, artificial intelligence (AI) and data science is growing. There is huge potential around data science to create new insights and services for internal and external customers. However, this investment can be wasted if data science projects don’t…

Crypto enthusiasts want to buy an NBA team, after failing to purchase US Constitution

Thousands of cryptocurrency investors recently raised more than $40 million and nearly — but ultimately fell short of — purchasing a copy of the U.S. Constitution. Now, a separate group of crypto fans is building momentum with another acquisition target: An NBA franchise. In both cases, the crypto enthusiasts organized under what’s known as a decentralized autonomous organization, or a DAO, which is an online group with a collective bank account and a mission statement. Calling itself Krause House DAO, a reference to the late Chicago Bulls general manager, Jerry Krause, the group…