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Massive Wall of Money Is Waiting To Enter Bitcoin and Crypto Markets, According to Shark Tank Investor Kevin O’Leary

Shark Tank investor Kevin O’Leary says regulatory clarity will allow institutional capital to flow into the crypto markets. In a new interview with Kitco News, O’Leary discusses US Senator Lummis and Senator Gillibrand’s latest proposal for a crypto regulatory framework. “I’m coming to the conclusion, particularly after the feedback from the institutions here at the [Bitcoin 2022] […]

The post Massive Wall of Money Is Waiting To Enter Bitcoin and Crypto Markets, According to Shark Tank Investor Kevin O’Leary appeared first on The Daily Hodl.

Vijay Chetty Steps Up as CEO of Eclipse Labs After Founder Neel Somani’s Departure Over Allegations

Mexico’s Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to ‘Save Your Skin’

Mexico’s Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to ‘Save Your Skin’The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has shared his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the same route” his country went through in the 1980s. Mexican Billionaire Warns About Inflation Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some advice Thursday regarding […]

Vijay Chetty Steps Up as CEO of Eclipse Labs After Founder Neel Somani’s Departure Over Allegations

Mayor unveils ‘Miami Bull’ statue with laser eyes to kick off Bitcoin 2022

The Bitcoin 2022 conference had a bullish opening with remarks from Bitcoin gear-laden Mayor Francis Suarez unveiling Miami’s answer to the Charging Bull of Wall Street.

To mark the opening of the Bitcoin 2022 conference, Miami mayor Francis Suarez unveiled a laser-eyed bull statue meant to symbolize Miami becoming the self-proclaimed “world’s capital of crypto.”

The statue is a 3,000-pound robotic-looking bull fashioned in the same vein as the Charging Bull of Wall Street according to the official website. The statue was commissioned by Florida-based finance firm Tradestation.

It was unveiled on April 6 at the Miami Beach Convention Center, where the conference is being held and was immediately labelled by skeptics at Intelligencer as 'A Crime Against God'.

However the crypto community has taken a shine to the new symbol of the future of finance. Morgan Creek Digital co-founder Anthony “Pomp” Pompliano tweeted on April 7: “The bulls are in control.”

Meanwhile, Binance founder and CEO CZ tweeted that the bull is “pretty cool.”

The bull will greet the 30,000 attendees expected at the conference this year, before being put out to pasture at the Miami-Dade College campus after the conference ends. The conference will run for four days from April 6 to 9.

The conference features five different stages, the largest of which has a capacity of 15,000 people. Events started off with Pomp and Galaxy Digital CEO MIke Novogratz giving a joint fireside chat, and continued with chats from Bitcoin community legends Nick Szabo, Jameson Lopp, Dan Held, and others.

Other speakers include PayPal founder Peter Thiel, NFL star Odell Beckham Jr., and MicroStrategy CEO Michael Saylor, just to name a few.

A notable last-minute withdrawal from the conference line up is El Salvador’s president Nayib Bukele. President Bukele is dealing with an outbreak of gang violence in his country, where a state of emergency has been imposed that suspends certain civil liberties drawing concern from human rights organizations.

Bukele cited "unforeseen circumstances" in a letter to the attendees of the conference, which was tweeted by the Bitcoin 2022 Twitter account on April 7.

At last year’s Bitcoin 2021 conference, also held in Miami, Bukele announced his intention to make Bitcoin (BTC) legal tender in his country.

Related: Paxful partners with Miami mayor to give away 500 tickets to Bitcoin 2022 conference

Despite the bullish opening for Bitcoin 2022, the markets have flipped bearish as Bitcoin is down 6.26% on the week and 4.37% over the last 24 hours to a weekly low of $43,401 according to Cointelegraph data.

Vijay Chetty Steps Up as CEO of Eclipse Labs After Founder Neel Somani’s Departure Over Allegations

Nifty News: Solana NFTs on OpenSea in April, Ross Ulbricht’s new collection… and more

OpenSea shared a 16-second video on Twitter to announce the integration, with many popular Solana collections announcing their intention to list on the marketplace.

Solana (SOL) NFT holders will soon have a new option for where to trade, with OpenSea teasing its integration of the Solana blockchain.

A 16-second video shared by the OpenSea Twitter account opened with the phrase “wen solana???” being typed into a search box and revealed that Solana will be supported by the marketplace in April.

Rumors of OpenSea supporting Solana NFTs have circulated for months. Security researcher Jane Manchun Wong — who made Forbes 30 under 30 for her high profile tech leak scoops — shared images on Twitter in January she said were sourced from OpenSea’s platform.

The images show the marketplace’s “blockchains filter” listing Solana as an option and the Phantom Solana crypto wallet appearsg in a list of supported wallets.

OpenSea coyly replied to Wong’s tweet with a “wide eyes” emoji at the time, but didn’t outright confirm or deny the authenticity of the claim.

Many popular Solana NFT projects have announced their intention to list with OpenSea in April, including SolPunks, Turtles, Remnants and the Degenerate Ape Academy.

The Solana integration will pitch OpenSea in direct competition with Magic Eden, Solanart, and Solsea, the current leading NFT marketplaces on the Solana blockchain.

Mistake or hack? Bored Ape NFT sells for $140

An OpenSea user by the handle “cchan” has sold a Bored Ape NFT and a Mutant Ape NFT for a combined value of $140.

A user made offers on the NFTs which were accepted by cchan and the sales were made to the within a minute of each other on Monday, Mar. 28, with BAYC #835 sold for 115 DAI, and MAYC #11670 sold for 25 DAI which is 99% under the current floor price.

DAI is a US dollar stablecoin with a diamond logo and it’s unknown if cchan mistook the offers to be in Ethereum (ETH) which would’ve been the equivalent of $470,000, or if the sales weres the result of a hack.

Activity by the user who purchased the NFTs shows a history of offers being made in DAI on Bored and Mutant Ape NFTs, which some have suggested could be in the hopes that this exact set of circumstances would occur.

Silk Road Founder to launch new NFTs at Bitcoin Miami

Ross Ulbricht, the imprisoned founder of the defunct darknet marketplace “Silk Road” is set to release another collection of NFTs at the Bitcoin 2022 conference in Miami in April, with funds raised going toward helping children travel to visit their parents in prison.

In December 2021, Ulbricht auctioned a collection at the Art Basel Miami which netted him $6.2 million. The collection was purchased by FreeRossDAO, a decentralized autonomous organization that aims to “share Ross's work with the world and give everyone a unique opportunity to own a piece of it.”

“All of this has brought a new spark to my life,” Ross wrote in a post, reflecting on the sale of his last collection.

“I have direction and purpose and I feel like I can make a difference again. The more money we raise, the more good we can do, so I have been busy creating my next art collection.”

Dubbed the “Growth Collection”, it will be minted on the Bitcoin blockchain via Counterparty, and the piece will reportedly feature four physical oil paintings and one hand-drawn animation, accompanied by five Bitcoin NFTs to be auctioned on the Scarce.City network.

Related: NFTs are changing the way photographers create and market content

Ulbricht is serving two life sentences without the possibility of parole for his part in creating the illicit online marketplace, which famously used Bitcoin as the means of transaction.

WWE and the Metaverse

The WWE has partnered with Fanatics, a sports marketing business which, amongst other offerings, enables brands to offer digital collectibles and NFTs to their audience.

The partnership will see Fanatics create “physical, digital, and non-fungible token (NFT) trading cards” for the WWE, with Fanatics to become the exclusive provider of licensed WWE physical and NFT trading cards, building a range featuring WWE’s “biggest moments and stars.”

Other Nifty News

Mark Karpelès, the former CEO of the defunct Mt. Gox exchange announced that users who used the exchange between 2010 and 2014 around the time it was hacked, are eligible to register for a free NFT in the hopes it will “erase a bit of the loss incurred in Mt. Gox.”

The Decentraland metaverse hosted the Metaverse Fashion Week between March 24-27, 2022, the event attracted over 70 big name fashion labels and artists such as Tommy Hilfiger, Dolce and Gabbana, and Estée Lauder.

Vijay Chetty Steps Up as CEO of Eclipse Labs After Founder Neel Somani’s Departure Over Allegations