Category: ICO

Bitcoin Trades Around $91K as ETF Inflows Remain Strong

Bitcoin traded either side of $91,000 after recovering from a dip to just above $89,000. BTC is 2% lower than its all-time high of $93,445, which it reached during the U.S. afternoon on Wednesday, but remains over 4% higher in the last 24 hours. Bitcoin ETFs recorded another $510 million of inflows Wednesday, taking the total for the last six days to $4.7 billion. “The Bitcoin ETFs are by far the majority driving force of bitcoin demand right now, soaking up almost all of the selling by Long-Term Holders. CME…

What Does a 60/40 Portfolio Look Like if We Add Bitcoin (BTC) to the Mix, It Becomes a Lot Better: Van Straten

For equities, Curvo chose iShares Core MSCI World UCITS ETF USD in the MSCI World Index and for the bonds, they take Xtrackers Global Sovereign UCITS ETF 1C EUR hedged in the FTSE World Government Bond – Developed Markets index. Since the beginning of 2014, an initial investment of euro 10,000 ($10,500) investment would have returned just above euro 20,000 ($21,000), essentially doubling in 10 years. Which seems like good returns. Source

Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals

“This report tells the story of progress and calculated risk, the use of a diverse set of strategies to leverage opportunities and most of all, the continued belief in the market’s long-term potential to reshape traditional financial markets” Lucas Schweiger, Sygnum Digital Asset Research Manager and report author, said in the press release shared with CoinDesk. Source

Crypto Influencer Kevin Mirshahi Found Dead in Montreal Park: Report

The 25-year-old has been missing since he was abducted along with three others from a condo in the city on June 21. The other abductees, two women and one man, were located by police hours later. In August, Joanie Lepage, 32, was charged with first-degree murder of Mirshahi and the abduction of Mirshahi and the three others. It is not known if her actions are linked to Mirshahi’s cryptocurrency ventures. Source

Republicans Win House Majority, Completing Trifecta in 2024 Election That Saw Donald Trump Win Second Term

However, Republicans clinched it with the election of Juan Ciscomani in Arizona, giving the party enough seats for a majority. Republicans lead in a handful of other races as well as of press time, and may hold up to 222 seats if current results hold. The party is about to lose a few lawmakers, with Trump naming Representatives Matt Gaetz, Elise Stefanik and Mike Waltz to executive branch roles, meaning they’ll have to resign their seats. Gaetz, who Trump said would be his nominee for Attorney General, already sent his…

Polymarket CEO Shayne Coplan’s Home Is Raided by FBI

“This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election,” the spokesperson said in a statement. “Polymarket is a fully transparent prediction market that helps everyday people better understand the events that matter most to them, including elections.” Source

How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America

One of the biggest roadblocks in converting Latin American investors to concept of crypto, is education about the sector. Cryptocurrencies, which don’t have a physical existence like gold or cash, can be a difficult concept for investors to grasp. “Latin American investors are still very traditional,” she added. “They tell me they only invest in things that they can stand on, or things they can touch. We’re trying to change that mentality… we need to prove to them that these technologies actually work.” Source

Film Development Needs an On-Chain Business Model

Independent producers have an opportunity to make films more efficiently, providing audiences with stories that challenge them to think at a time where it seems films are scared to push the envelope. We need a new model for financing and production, which introduces a new and special asset class for blockchain. Pressman Films, the production company that brought you Wall Street, American Psycho, Conan the Barbarian, The Crow and one hundred more motion pictures over the last 50 years, is now trying to fix what’s broken in film financing by…

Your Idea of a Memecoin Community Is Wrong

As Murad Mahmudov noted at Token2049, memecoins have captured a unique market position because they are fully unlocked; no VCs, no lock-up periods, and often, no tangible revenue. These factors, Mahmudov argues, turn the tokenized meme into the real product — in essence, the value of memecoins lies within community, mission, and meaning. Source