The ARK Invest CEO expects to see spectacular returns over the next five years She told CNBC in an interview that many of her investors are averaging down on investments In a recent interview with CNBC, the founder and CEO of ARK Investment Management, Cathie Wood, has defended her firm’s innovation-focused arm despite recent market plunges. Wood, who featured in our list of top 25 influential women in the crypto sector, said that she expects the Ark Innovation ETF to see spectacular returns over the next five years. “Given our expectations for growth in these new technologies, I think we’re going to see some spectacular returns,” she told CNBC. Ark Invest’s innovation portfolio has plunged by nearly 50% as it has been one of the major victims of massive ...
Mötley Crüe ruled the metal scene in the late ‘80s, going on to sell over 100 million records. However, by the time Sebastian Stan was the right age to appreciate the glam band, the metal heyday had passed. “Unfortunately, I didn’t really know Mötley Crüe when I was growing up,” Stan says, “because when I was in high school, it was already a grunge world.” But that didn’t stop the Romanian-born actor from discovering the band later, telling SPIN, “I personally gravitate towards the ’80s.” So, despite not growing up on the iconic group, he eventually came to love them. Eventually becoming intimately familiar with one of the band members by playing him on TV. Stan, 39, is currently garnering praise for his portrayal of Crüe drummer Tommy Lee in the Hulu drama Pam and Tommy, a fictionalized r...
Citadel Securities chief Ken Griffith admitted he got his assessment of cryptocurrencies He also added Citadel plans to become a market maker in crypto in the coming months Founder and CEO of investment firm Citadel Securities Ken Griffith has finally capitulated and now taken a much softer stance on crypto. An outspoken naysayer, the 53-year-old has, on constant occasions in the past, expressed his distaste for crypto finance and refused to acknowledge it. Speaking during a recent instalment of the Bloomberg Wealth with financier David Rubenstein yesterday, Griffith explored a breadth of subject matters, including the Ukraine situation, the chaotic market, and sanctions. He has come round but is not yet entirely convinced Responding to a question from David Rubenstein, the billionai...
TRM Lab’s Ari Redbord expects Russia to turn to crypto to skirt the economic pressure of sanctions from the West However, the executive believes that crypto markets are not liquid enough to serve Russia’s financial demands In an interview with CNBC today, Ari Redbord, the Head of Legal and Government Affairs at blockchain transparency firm TRM Labs, has suggested that even though Russia may look towards cryptocurrencies to help navigate the wild effects of sanctions from the west, they just won’t cut it. As the US and its allies attempt to close Russia out of the dollar-denominated financial system, the crypto specialist theorised that he expects Russia to ultimately turn to cryptocurrencies. “Look, crypto provides an alternative to traditional financial systems. If...
“We’re all doing the best we can,” says Bridget Everett. A mantra of many, especially throughout the past two years, but particularly relevant for the cabaret singer/comedian/actress’ HBO comedy Somebody Somewhere. The series follows Kansan Sam (Everett, who was born in Manhattan, Kansas), who returns to her hometown and struggles to fit in while grappling with loss and acceptance. She has a saving grace, though: Singing. By harnessing her passion — and meeting a like-minded group of outsiders —Sam embarks on a journey of self-discovery. Is she making all the right choices? No. But she’s trying — doing the best she can. Says Everett, “there’s going to be some hiccups along the way, for sure.” Everett, 49, a longtime New York City cabaret staple, has found herself in the mainstream spotligh...
Cyrano de Bergerac is one of the most prominent romantic figures in literary history — but even he’d admit his nose was even bigger! The public first got a whiff of the exploits of the seductive swordsman in 1897, in a play that bears his name and has been retold on stage and screen scores of time ever since. Despite the historically famous loaf of French bread on his face (which can be picked up by satellite cameras to this day) Cyrano has remained the grooviest guy from Gaul with all the gals. We caught up with the smooth-talking swordsman to talk about Cyrano the ELEVENTH film – starring Peter Dinklage as Cyrano and Haley Bennett as Roxanne (in theaters Feb. 25) – celebrating his powers of persuasion with the ladies to see if he thinks it passes his smell test. SPIN: Thanks for tak...
Huobi’s Du Jun expects a bear market to last until the next Bitcoin halving event He explained that previous price patterns show that bull runs usually succeed halving events Du Jun, the co-founder of digital assets exchange Huobi has predicted that Bitcoin could hold out on a bull market, at least until late 2024 when ‘halving’ occurs next. Speaking to CNBC, Jun observed that a bull run for the world’s top digital asset has historically been accompanied by halving. Halving is an event written into Bitcoin’s fundamental code during which the rewards to Bitcoin miners are cut by half. In reference, the Huobi co-founder noted that Bitcoin’s last two occurrences of all-time high Bitcoin prices had followed a halving event. Last year, Bitcoin peaked abo...
Charles Hoskinson is pessimistic of Bitcoin becoming the world reserve currency of the future He cited, among other reasons, the lack of smart contract functionality and low throughput Input Output Hong Kong CEO Charles Hoskinson has opined that Bitcoin is not fit to become a world reserve currency but acknowledged that it could evolve into suitability for the role. Hoskinson was responding to a question by Crypto Jebb on YouTube that sought to establish what evolution away from the dollar would be like. Despite Bitcoin’s first mover advantage, the Cardano CEO dismissed its submission as a world reserve currency, explaining that it was plagued by characteristics that “don’t make it very desirable.” So, why not Bitcoin? As a Proof of Work digital asset, Bitcoin mining consumes massive amoun...
Among the original founding fathers of Ethereum (ETH) is Gavin Wood, who joined a group led by Vitalik Buterin that set out to build Bitcoin’s competition. Wood is the computer scientist who wrote the first smart contracts for the Ethereum blockchain back in 2014. In an exclusive interview with Cointelegraph, Wood admitted that at the time, he just needed a job. [embedded content] A self-described “technologist at heart,” he knew coding was his calling and made the “obvious” switch from building LEGO bricks to writing blocks of code from an early age. He first discovered Bitcoin via The Silk Road, the online black market that ran from 2011 to 2013. The cryptocurrency originally “took his fancy” for being “a purely algorithmic mechanism...
As a four-time NBA champion and three-time MVP, Shaquille O’Neal thrives in high stakes environments. Though the NBA Hall of Famer traded the court for the stage, rebranding himself as DJ Diesel in the process, O’Neal’s “go big or go home” attitude is as vigorous as ever. Over the last handful of years, Shaq’s Fun House has rightfully earned a reputation as a “must-see” event during Super Bowl Weekend. The very concept of bringing a full-size carnival and music festival experience to fruition for one night only would appear a daunting task for almost anyone, but it goes to show that when you start your day with some energizing drum & bass music, anything’s possible. This year’s edition of Shaq’s Fun House is am...
The financial author detailed in his latest publication that he is optimistic the US SEC will finally give the green light to a Bitcoin ETF In an interview on CNBC’s Halftime Report, the founder of Edelman Financial Engines backed his projection that a third of American adults will be bitcoin holders by the end of the year. Edelman, author of several books in the personal finance space, penned in his latest book titled The Truth About Crypto his predictions for the crypto sector this year. Edelman weighs in on bitcoin adoption and spot bitcoin ETF decision Notable among his predictions is that the number of American adults that own bitcoin will grow from nearly a quarter to a third. Edelman noted that the bitcoin adoption rate is high, and many people are being drawn to digital asset...