Sign In

Trending

Millennial millionaires have a large share of their wealth in crypto, CNBC survey says

KEY POINTS Nearly half of millennial millionaires have at least 25% of their wealth in cryptocurrencies, according to the CNBC Millionaire Survey. The results highlight a new generational divide in wealth creation from crypto, with younger investors able to earn vast fortunes from the surge in the prices of bitcoin, ether and other digital currencies. …

Millennial millionaires have a large share of their wealth in crypto, CNBC survey says Read More »

NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market

Peak popularity does not imply an increase in actual buying pressure from retail investors. Retail interest in non-fungible tokens (NFTs) – digital certificates representing ownership of unique non-interchangeable assets – seems to have decoupled from the broader crypto market. But the search for information isn’t necessarily translating into action. Google Trends, a tool for gauging general or …

NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market Read More »

Elon Musk: ‘I’ll be surprised if we’re not landing on Mars within five years’

Elon Musk says he has a new timeline for his big Mars project — and it’s sooner than you might think. “I’ll be surprised if we’re not landing on Mars within five years,” Musk told Time Magazine, about SpaceX taking humankind to Mars in a story published Monday. Musk, the 50-year-old SpaceX founder and CEO who was …

Elon Musk: ‘I’ll be surprised if we’re not landing on Mars within five years’ Read More »

Hip-hop legend Snoop Dogg’s first NFT drops on SuperRare

Hip-hop legend Snoop Dogg’s first NFT collaboration with digital multimedia artist Coldie was minted on SuperRare. SuperRare, a marketplace for curated NFT artwork, debuted the first-ever NFT artwork collaboration between Snoop Dogg and artist Ryan Colditz, also known as Coldie, entitled Decentral Eyes Dogg. The original artwork by both artists and a new audio track by Snoop Dogg …

Hip-hop legend Snoop Dogg’s first NFT drops on SuperRare Read More »

Metaverse will be a Trillion-dollar Market in Future: Grayscale

Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion. The report entitled “Metaverse, Web 3.0 Virtual Cloud Economy” mainly focuses on the overlap between virtual games and lifestyle while also speaking about the future development potential of blockchain technology in the …

Metaverse will be a Trillion-dollar Market in Future: Grayscale Read More »

Taxes aren’t the only reason Elon Musk is selling Tesla stock

KEY POINTS Tesla CEO Elon Musk faces a potential tax bill of more than $10 billion on stock options he was granted in 2012. Musk started exercising the options Monday, exercising $2.5 billion in shares and selling $1.1 billion of those exercised options to pay the taxes. But he continued to sell additional stock, and …

Taxes aren’t the only reason Elon Musk is selling Tesla stock Read More »

Metaverse Seen to Bring in Big Investments, Says Morgan Stanley

The metaverse is a booming investment topic, Morgan Stanley said in a research note on Thursday, and stock sectors are already making the most of it. Since major companies such as Meta Platforms (formerly Facebook) and Microsoft have already started to build metaverses on their own company platforms, the internet’s next big thing has gathered a lot of …

Metaverse Seen to Bring in Big Investments, Says Morgan Stanley Read More »

Top US banks offer big incentives to lure crypto talent

LinkedIn reports that site-wide job listings relating to crypto are up more than 600% since August last year. Top United States-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years. According to a Monday report from Bloomberg, financial institutions are offering significant bonuses to attract crypto talent, with …

Top US banks offer big incentives to lure crypto talent Read More »