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Carl Icahn Considers Getting Into Crypto "In a Big Way"

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Carl Icahn Considers Getting Into Crypto "In a Big Way"

Billionaires slowly start to recognize the value of crypto

Fabian Klauder
May 28, 2021
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Carl Icahn Considers Getting Into Crypto "In a Big Way"

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Hey DEFI TIMES community,

Carl Icahn is one of the best-known investors in New York City. With a net worth of more than $15 billion, many people look up to him.

On Wednesday he shared his opinion on cryptocurrencies with Bloomberg. He basically said the cryptocurrencies are not going away. While he’s not sure, which ones will succeed, the asset class is here to stay:

Much of the cryptocurrency issued today will not survive, but we believe cryptocurrency in one form or another might be here to stay. To be clear, we have never bought any cryptocurrency, but we are studying it.

He then continued to say that he might get into crypto “in a big way.”

Apparently, he’s considering putting more than $1 billion into some alternative cryptocurrency.

Carl Icahn is surely one of the most renowned investors in the world. When it comes to his investment decisions, he definitely has a great influence on other inventors who closely monitor his moves.

This could lead to many institutional investors also feeling the need to allocate some funds to cryptocurrencies. There are lots of other Wall Street legends who already came before Icahn, including Paul Tudor Jones and Bill Miller. 

But Carl Icahn has a very special status among Wall Street investors. It’s very hard to estimate how much of an impact his opinion on crypto will make; however, at this point, it’s almost impossible to ignore that Bitcoin is being more and more recognized by Wall Street. 

In retrospect… it was inevitable!


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Balancer Receives $24.25 Million in Funding

Twitter avatar for @BalancerLabs
Balancer Labs @BalancerLabs
We are thrilled to announce our partnership with some of the most respected investors who have shown their support of Balancer by extending $24.25M of capital $BAL. @LongHashVC @blockchaincap @fintech_io @ContinueFund @synthetix_io @kaiynne @fenbushi
fernandocmartinelli.medium.comBalancer Labs Partners with Key Investors in $24.25M Token PurchasesWe are thrilled to announce that Balancer Labs has further partnered with some of the most respected investors in the cryptocurrency space who have shown their support of Balancer Protocol by…
1:44 PM ∙ May 27, 2021
139Likes33Retweets

Balancer Labs has partnered with respected investors in the crypto space to receive around $24 million in funding. With the funds, they will increase awareness about DeFi in Asia Pacific, create and growth structures for the community, and provide support for anyone in DeFi to build on Balancer.

UMA Launches SpaceX Insurance

Twitter avatar for @UMAprotocol
UMA @UMAprotocol
1/ UMA and @Opium_Network have partnered to create a financial product for @SpaceX launches. This derivative will pay based on the success or failure of the SpaceX Smallsat Rideshare launch.
Twitter avatar for @Opium_Network
Opium @Opium_Network
It's time to reveal what we with @UMAprotocol are up to! 🎉 We'd joined our efforts to launch a new 'cosmic' product – decentralized insurance on #SpaceX. Hope @elonmusk will take it to the moon together with @dogecoin Read more 👉 https://t.co/MoCmxeuMhU https://t.co/uynxw52pOZ
2:34 PM ∙ May 24, 2021
75Likes26Retweets

Uma has partnered with Opium to provide insurance for SpaceX launches. DeFi is getting mainstream!

Synthetix Thales

Twitter avatar for @thalesmarket
Thales @thalesmarket
Today we start an epic journey 🚀 Bring binary options trading to the Ethereum network 📈 We are grateful for all the support @synthetix_io @0xProject Read more: thalesmarket.medium.com/tale-of-thales…
thalesmarket.medium.comTale of Thales, binary options re-imaginedAt Thales we are very excited to share with you the beginning of a journey to deliver a superior binary options trading experience on the Ethereum network, being the first project specifically…
1:10 AM ∙ May 20, 2021
84Likes14Retweets

With the help of Synthetix, Thales will enable binary options trading on the Ethereum network.

zkSync 1.x Testnet Launched

Twitter avatar for @zksync
zkSync @zksync
ZKSYNC 1.X TESTNET OUT NOW!
medium.comzkSync 1.x: Swaps, NFTs, event system, and permissionless token listingCalling all developers! Try out NFTs and Swaps on our Rinkeby-beta and Ropsten testnets today! Functionality includes: The zkSync 1.x mainnet upgrade including swaps, NFTs, the new event system, and…
6:55 PM ∙ May 24, 2021
263Likes68Retweets

zkSync launched the Rinkeby & Ropsten testnet; the features will be very limited at first:

  • NFTs

  • ERC20 tokens swaps

Gitcoin Launches Governance Token

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Gitcoin @gitcoin
💚 Introducing GTC — The Gitcoin Governance Token 💙 Let's decentralize Gitcoin! gitcoin.co/blog/introduci…
Image
3:08 PM ∙ May 25, 2021
1,937Likes554Retweets

Gitcoin launched GTC with the goal to become more decentralized. You might be able to claim an airdrop if you ever used Gitcoin.


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DISCLAIMER: All information presented above is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This article's content solely reflects the opinion of the writer, who is not a financial advisor.

Do your own research before you purchase cryptocurrencies. Any cryptocurrency can go down in value. Holding cryptocurrencies is risky.


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If you are into Crypto and live in Lisbon, DM us! We would love to meet you!
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Carl Icahn Considers Getting Into Crypto "In a Big Way"

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