Why the Advisor Crypto Technology Gap Is Closing

“Cryptocurrencies as an industry and asset class began with people going individually into tokens, but now there’s an asset management and advisor infrastructure being built,” said Henry Yoshida, co-founder and CEO of Rocket Dollar, which provides self-directed retirement accounts to individuals who want to use their retirement savings to invest in any alternative asset, including crypto. Yoshida is a former Merrill Lynch advisor who went on to found MY Group LLC, a retirement advisory firm with $2.6 billion in assets under management and then robo-advisor Honest Dollar, which was acquired…

The Power of a Dollar-Cost Averaging Strategy

Under this scenario, you’d have the client save $33,600 over the next ten years, and that initial $12,500 investment would grow to be $2,181,625. Is that risking too much of the portfolio at 2.5%? Is $3,360 per year asking too much to save for someone with a $500,000 portfolio? You could likely fund the bitcoin dollar-cost averaging strategy with the income from that traditional portfolio. In my opinion, this is highly doable for most clients, and provides an outcome all of the clients I’ve talked with would embrace. Source

Enjin Forms $100M Fund to Support Metaverse Projects

Blockchain firm Enjin has formed a $100 million fund to support projects in its ecosystem geared toward developing a decentralized metaverse. The Efinity Metaverse Fund will aim to support work on metaverse projects on Efinity – a blockchain developed by Enjin with Polkadot – as well as those involved in non-fungible tokens (NFT), decentralized applications (dapp) and gaming, according to an announcement Thursday. The fund will focus on cross-chain NFT assets, digital collectible applications, gaming that harnesses mixed reality, virtual events and building multichain infrastructure. The metaverse is a conceptualized…

Kolik bitcoinů vytěžíte za 24 hodin? Vyplatí se Vám to? (bitcoin mining v únoru 2021)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Toto video není návod jak a kde těžit, těch je tu spousta. Je to jen můj test a zamyšlení. Zkušení horníci se pousmějí nad zcela jasnými věcmi 🙂 Jak zde jeden divák uvedl, opravdu nemá smysl těžit jen procesorem, ty nejsou pro tyto výpočty stavěné. Takže jde o grafickou kartu a reálně první rozumná na které se dá trochu vydělat je nějaká 2060/1070/1080. Tyto návody dělám ve volném čase, nejde mi o tisíce sledujících ani peníze, jen chci někomu pomoci. Jsou to…

Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages – Mining Bitcoin News

Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding coin minting sector. President Tokaev Calls for Legislative Regulation of Cryptocurrency Mining in Kazakhstan During a recent meeting with the energy minister of Kazakhstan, Magzum Mirzagaliev, President Kassym-Jomart Tokayev criticized his department for allowing a sharp decline in fuel reserves. The head of state…

Enjin wants to decentralize its metaverse with new $100M fund

Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized. Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100-million fund to support ​​Efinity adopters as well as other related projects, the startup announced Thursday. “It is now time for us to turn this into an official, public, and conscious piece of our growth strategy, and support a free, open, and decentralized Metaverse,” Enjin said, adding that it will consider equity investments in seed…

Bitfury Hires Former Binance US Chief Brian Brooks as CEO: Report

Bitcoin mining company Bitfury has hired former Binance US chief Brian Brooks as its new CEO, the Financial Times reported on Thursday. Brooks is replacing Valery Vavilov, who will stay on as Bitfury’s “chief vision officer,” the report said. Bitfury did not immediately respond to CoinDesk’s request to confirm the appointment. The appointment comes weeks after news emerged that Bitfury was planning to go public in the next 12 months in what would be Europe’s biggest cryptocurrency valuation. The Amsterdam-based firm is thought to be valued at $1 billion. After…

NFTs and play-to-earn are future of gaming industry, says EA boss

Wider adoption for nonfungible tokens (NFT) and play-to-earn games appears to be on the horizon, as one of the biggest names in the gaming industry sees both as the future of the industry. Speaking at an earnings call, Andrew Wilson, CEO of major video game company Electronic Arts (EA), said that NFTs and play-to-earn games are the gaming industry’s future even though it’s still early to figure out how that would work. Widely known as a business-oriented company that utilizes the pay-to-win model in several games, EA has not yet…