Cryptocurrency
Bitcoin ETFs Outpace Satoshi's Holdings in 2024's Institutional Adoption
2024-12-08
The year 2024 holds a special place in the history of the cryptocurrency industry, particularly for Bitcoin. With the approval of spot exchange-traded funds (ETFs) at the beginning of the year, Bitcoin quickly soared to new heights, riding on the wave of fresh institutional capital. This trend has continued throughout the past 12 months, as Bitcoin has attracted the attention of both institutional players and large corporations.

Unlock the Potential of Bitcoin with 2024's Institutional Adoption

Spot ETFs: A Gateway for Investors

In its latest weekly report, blockchain intelligence platform CryptoQuant emphasized how 2024 was a defining year for Bitcoin's institutional adoption, driven by the launch of spot ETFs in January. These ETFs have provided a convenient way for both institutional and retail investors to gain exposure to Bitcoin without directly owning it. As a result, a steady inflow of capital has been flowing into Bitcoin in the past 11 months.Data from CryptoQuant shows that Bitcoin has witnessed an impressive increase in its realized capitalization, rising from $430 billion to a record high of $730 billion so far in 2024. One of the major contributors to this growth is MicroStrategy, which has been steadily increasing its Bitcoin holdings. The business intelligence company started the year with an 189,000 BTC holding, which has now expanded by 112% to 402,000 coins.

Large Investors and Their Impact

On-chain data reveals that large Bitcoin investors have increased their holdings by a net 275,000 coins so far in 2024, reaching a record high of 16.4 million BTC. This highlights the growing influence of crypto and Bitcoin in traditional finance and the burgeoning institutional demand for Bitcoin.As a result of the surging institutional adoption, the BTC price has witnessed exponential growth in 2024, recently reaching a six-figure valuation. As of this writing, Bitcoin is valued at just above $100,000, reflecting an almost 5% increase in the past 24 hours. According to data from CoinGecko, Bitcoin remains the largest cryptocurrency in the digital asset sector, with a market cap of roughly $1.99 trillion.The price of BTC on the daily timeframe shows a clear upward trend, indicating the strength of Bitcoin in the market. This growth is a testament to the increasing acceptance and recognition of Bitcoin in the global financial landscape.
Trump's Crypto-AI Czar Sacks: Tech Investor with Skepticism of Regulation
2024-12-08
Donald Trump's unexpected choice for guiding policy on artificial intelligence and cryptocurrency, David Sacks, lacks significant industry ties and a comprehensive investment track record. However, in the eyes of technology investors, his tech-friendly worldview and long history of skepticism towards government regulation hold even greater significance.

Unraveling Trump's Crypto-AI Czar's Impact on Tech Regulation

David Sacks' Background and Qualifications

David Sacks enters the realm of crypto-AI policy with a unique profile. He may not have a direct and extensive history within these industries, but his perspective brings a fresh outlook. His past experiences and thought processes have shaped his stance on government regulation, which now positions him at the forefront of shaping policies in these rapidly evolving fields. He has likely encountered various challenges and opportunities in different contexts, which have contributed to his current stance.

The Significance of a Tech-Friendly Worldview

In the dynamic landscape of technology, a tech-friendly worldview is crucial. David Sacks' belief in the potential of these emerging fields and his willingness to explore and embrace them sets him apart. This worldview allows him to understand the intricacies and possibilities of crypto and AI, and to advocate for policies that foster their growth. It also helps him navigate the complex web of interests and challenges within the tech sector, ensuring that regulations are balanced and conducive to innovation.

The Role of Skepticism in Tech Regulation

Skepticism about government regulation is a double-edged sword. On one hand, it can prevent overly restrictive policies that stifle innovation. On the other hand, it needs to be balanced with the need for appropriate oversight to protect consumers and ensure the stability of the system. David Sacks' long history of skepticism shows his ability to weigh these factors carefully. He understands that while regulation is necessary, it should not be a hindrance to the progress of crypto and AI. His approach aims to find the right balance, allowing these technologies to thrive while safeguarding the interests of all stakeholders.
See More
11th Annual ARTAS Honors Reality TV's Biggest Stars
2024-12-07
Backstreet Boys stars AJ McLean and Howie D. graced the 11th Annual ARTAS in Hollywood, CA, adding a touch of musical charm to the event. (Photo Credit: Courtesy of American Reality Television Awards & Isaac Alvarez)

Reality Stars: Bringing Unique Energy to the Screen and Beyond

From the Backstreet Boys to the Real Housewives of Orange County, reality stars from all corners came together for this grand event. Any reality TV watcher will attest to the unique energy these stars bring to the screen, and it's no different in real life. The air at the ARTAS on November 18, 2024, in Hollywood, California, was alive with excitement and appreciation. These stars are grateful for their rise to fame and aren't shy about expressing it. The reality TV community is strong and interconnected, with stars from different shows bonding and creating a sense of family. 2: The red carpet at the ARTAS truly felt like a family reunion. It was a moment for these stars to come together, share their stories, and celebrate their achievements. Each star brought their own personality and perspective, making the event even more special.

Reality TV Casting: The Key to a Great Show

When it comes to reality TV, the cast is everything. Emmy award-winning casting director Erin Tomasselo shared her secret: look for personality, perspective, and people with storied backgrounds. Jacqui Pitman, who helped cast the Golden Bachelor, thanked her cast for their generosity and openness. A good reality TV personality is willing to be raw and vulnerable with their emotions. When combined with a great concept and an incredible crew, this is the heart of reality TV, and what the ARTAS celebrates. 2: Casting truly makes a reality show. It's about finding the right mix of personalities who can connect with the audience and create memorable moments. The ARTAS honors the efforts of these casting directors and the stars they bring to our screens.

Celebrity Presenters and Winners: Shining in the Photobooth

Celebrity presenters and winners took center stage in the ARTAS photobooth, creating lasting memories. (Photo Credit: Courtesy of American Reality Television Awards & Isaac Alvarez) 2: These moments allowed the stars to showcase their personalities and have fun. It was a chance for them to bond and share in the excitement of the event.

The ARTAS: Celebrating Reality Television

For over a decade, the ARTAS has honored exceptional achievements in unscripted television. This year's show was hosted by 2023 ARTAS winner Heather McDonald, a talented comedian and actress. "We are thrilled to bring this event to life," said Executive Producers Andrew Ward and Kristen Moss. "Our goal is to create a night of unforgettable moments that celebrate the best in entertainment." The 11th Annual ARTAS was directed by Steve Moss. 2: The ARTAS is committed to celebrating the art of reality television. By supporting and redefining reality media, it rewards excellence, encourages creative risk-taking, and highlights the importance of public engagement. This annual event fosters a sense of camaraderie and diversity, which are the reasons for reality TV's enduring popularity.

Attendees and Their Impact

Celebrities in attendance included JoJo Siwa, Omarosa, AJ McLean, Howie D., Kendra Wilkinson, Ed "Big Ed" Brown, George Gray, Tamra Judge, Sutton Stracke, Nev Schulman, Chandler Kinney, Gleb Savchenko, Kailyn Lowry, Dr. Sandra Lee, Kelly Rizzo, Ninja Kidz, Alison Victoria, Mai Whelan, Vance Walker, Mike O'Brien, Sean Patrick Bryan, Laura Pierson, and James Wallington. Each of these stars added their own flavor to the event and contributed to its success. 2: These celebrities represent the diverse world of reality TV. Their presence at the ARTAS shows the significance and influence of this genre.

Conclusion

The 11th Annual American Reality Television Awards was a night to remember. It brought together reality stars from different shows, celebrated their achievements, and showcased the art of reality TV. Through the photobooth moments, hosting by Heather McDonald, and the support of the industry, the ARTAS continues to make a mark in the world of entertainment. For more on the ARTAS, visit realitytelevisionawards.com and follow @RealityAwardsTV on Instagram.
See More