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Inside the Largest Virtual Crypto Conference: Cathie Wood, Tom Brady

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Cathie Wood and Tom Brady were among the keynote speakers at the 4-day crypto Consensus conference.
Wood said a bitcoin supercycle is now out the window and shared her bullish outlook for ethereum.
NFL legend Brady revealed how he got involved in crypto and why he s starting an NFT platform.
Much like how crypto trades 24/7/365, the biggest virtual crypto gathering this year also seemed to be designed for enthusiasts who never sleep at least for the four days during which the Consensus 2021 by CoinDesk conference took place. ....

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Is the Crypto Bull Market Over? 5 Industry Heavyweights Break It Down

Major cryptocurrencies suffered double-digit declines as volatility extended into the weekend.
At Consensus 2021, investors pondered whether the sell-offs signal the end of this bull cycle.
They also shared how bitcoin can live up to Hal Finney s historic $10 million price prediction.
It was the kind of volatility that keeps investors eyes glued to the screen.
As last week s wild fluctuations extended into the weekend, none of the major cryptocurrencies was spared from double-digit declines. Bitcoin and ether tumbled as low as $31,384 and $1,758 on Sunday before rebounding to around $39,000 and $2,600, respectively, as of 4:30 p.m. ET on Monday.
The most recent pullback was said to have stemmed from an official statement summarizing Chinese vice-premier Liu He s comments at a state council meeting on May 21. The meeting, which was focused on preventing financial risks, mentioned specifically the need to combat mining and trading of bitcoin, according to ....

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Blockchain.com CEO Shares Why He's 'Hodling' While Crypto Is Crashing

Blockchain.com
Peter Smith is the CEO and cofounder of the Baillie Gifford-backed crypto startup Blockchain.com.
Smith shared how, in 10 years, he built the firm from nothing to a business valued at $5 billion.
He also laid out the four crypto trends and assets on his radar these days.
The crypto market is tumbling. But Peter Smith, the chief executive and cofounder of Blockchain.com, is hodling.
Ten years in crypto and I still haven t figured out how to sell, Smith said in an interview. I ve never been more convicted that bitcoin and crypto generally are where I should be spending all my time. ....

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Binance CEO Interview on How He Built World's Largest Crypto Exchange

Binance
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Changpeng Zhao is the founder of Binance, the world s largest crypto exchange by trading volume.
In an interview, Zhao recounts how he built Binance in 180 days and continues to grow its divisions.
He also breaks down why he s keeping most of his personal assets in Bitcoin and Binance Coin.
To Changpeng Zhao, home has always been less about a physical address and more of an inner world that transcends geographical boundaries.
Growing up in China, Zhao had a somewhat nomadic upbringing as he followed his educator parents who moved in between cities every few years. When he was 12, the family immigrated to Canada where he stayed for another decade before moving to Tokyo, New York, and then Shanghai for work. ....

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Investing strategy: NFT outlook from top crypto artist Beeple

Unfamiliar with Winkelmann s name? You might recognize his artist name, Beeple.
Beeple is generating Banksy-level hype in the digital art world; making headlines for the eye-watering sums of money his digital artwork is selling for.
Two weeks ago, Pablo Rodriguez-Fraile, who originally bought one of Beeple s artwork for $67,000 resold the piece for $6.6 million on the cryptocurrency art marketplace, Nifty Gateway, ahead of auction house Christie s, which made its first-ever sale of digital art - a collage of 5,000 everyday pictures, also by Beeple.
The auction closed on March 11 with a winning bid of $69 million. The price jumped from $15 million to $69 million in under an hour. ....

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