The CEO of investment management firm Richard Bernstein Advisors warns that cryptocurrencies are the biggest financial bubble in history. He advises investors to stay away from “bubble assets,” which include cryptocurrencies. Investment Adviser Sees Cryptos as the Biggest Financial Bubble in History Richard Bernstein, CEO of Richard Bernstein Advisors (RBA), shared his view on where…
Hololoot Celebrates an Overwhelmingly Successful Public Sale and Decentralized Listing
PRESS RELEASE. Hololoot is the market-leading AR NFT generator, marketplace and metaverse designed for widespread adoption. Built by AR industry veterans, Hololoot combines the latest developments in 3D modeling with the unique properties of NFTs to produce an app that is simultaneously powerful and easy to use. Their native token HOL, which unlocks the full…
Nike Acquires NFT Startup RTFKT Studios in Order to ‘Deliver Next-Generation Collectibles’
Nike, the American multinational footwear and sports apparel company has announced the acquisition of a startup called RTFKT Studios, a firm that leverages non-fungible token (NFT) assets, blockchain authentication, and augmented reality. Nike says the acquisition will allow the company “to deliver next-generation collectibles that merge culture and gaming.” Nike Steps Into the Metaverse by…
Multicoin Capital Exec Says There ‘May Not Be a Crypto Bear Market at All,’ Claims ‘Bitcoin Will Get Flipped’
While the crypto economy has tumbled in value during the last two weeks, the managing partner at Multicoin Capital, Kyle Samani, recently shared his views on why he thinks the “next bear market will not be like the last one.” In fact, Samani remarks that there may not even be “a bear market at all.”…
Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf
The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known for her involvement with cryptocurrencies and joined the crypto firm Abra in 2017 as…
Metaverse Alliance Launches Metathon for Devs and Degens With $50 Million in Prize and Seed Funding
PRESS RELEASE. Metaverse Alliance has announced the launch of its online Metaverse Hackathon (Metathon) for all metaverse enthusiasts around the world. In recent months, the metaverse has generated a lot of buzz across the internet, with notable corporations like Facebook and Microsoft all racing to embrace the concept. The Metaverse Alliance team believes that the…