CryptoEconomy

Grant Cardone has entered the crypto market, planning to use real estate profits to purchase Bitcoin. He aims for an initial target of 10,000 BTC, later expanding to 50,000 BTC. His approach aims to balance traditional and digital investments amid inflation concerns.

Anthony Scaramucci, founder of SkyBridge Capital, emphasizes Bitcoin's growing significance as a stable store of value amid economic instability. He identifies four key factors supporting Bitcoin's value, advocating for its accumulation in light of bearish market trends.

Andre Cronje's FT token launched with a $1 billion FDV, introducing a perpetual put option structure allowing redemption at cost price. This innovative model aims to restructure trust in high-market-cap crypto launches, with the community observing its market stability and success in consolidating DeFi services.

Bitmine faces $8.8 billion losses on Ether, heightening concerns over Ethereum’s valuation as institutional demand falters and prices hit 2021 lows, prompting investors to assess potential long-term impacts on the ecosystem.

The NSW Police's Cybercrime Squad charged a man in a crypto investment scam involving over 190 vulnerable Australians. Allegations include funds being laundered through a digital platform, with losses estimated at A$5 million. Investigations continue.