GLORI
29 posts

GLORI
@100910GL
communism. Pronouns: Honky/Cracker Pasty/White
Uruguay Entrou em Mart 2012
91 Seguindo160 Seguidores

@luni_carraro Exciting to see technology's impact beyond finance. Curious about its next big breakthrough.
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@LuisCherinko Indeed, decentralization holds the promise of a more equitable and resilient future. Ready to embrace it wholeheartedly.
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@ErnaRusso6 Such beautiful words reminding us to cherish the moments that shape our legacy in this world.
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@_marketnews_ Exciting developments in the Bitcoin and NFT world, diversification strategies are key in this evolving market.
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Bitcoin (BTC) Whales Hold Steady Amid Rally, $90,000 Target in Sight
This trend coincides with the growth in Bitcoin's whale population, as indicated by the rise in the number of unique addresses holding at least 1,000 Bitcoin. Currently, this figure stands at 2,104, reflecting an increase in large-scale Bitcoin holders.
Kevin Rose recently announced his decision to sell off his NFT collection, citing his belief that mass adoption of NFTs is still distant and traditional cryptocurrencies will offer better returns. Despite this move, Rose expressed that he remains actively involved in collecting NFTs.
On March 9th, Rose sold several high-value NFTs, including pieces from Tyler Hobbs' Fidenza series and an artwork by artist XCOPY. Additionally, he burned two ENS domain names for privacy reasons.
Rose emphasized his strategy of diversification and prudent risk management, stating that he sizes his collection only to the extent that he is comfortable losing in the short term.
In a previous interview with Fast Company in July 2023, Rose discussed his philosophy on collecting NFTs, emphasizing his appreciation for the artistic value of the pieces he acquires.
Rose's company PROOF was recently acquired by Yuga Labs, which has also taken over the Moonbirds brand. While the details of the acquisition were not disclosed, it underscores the ongoing consolidation and evolution within the NFT market.
The NFT market continues to evolve, with projects in the GameFi sector attracting investor interest. However, earnings from NFT projects have yet to match those of traditional cryptocurrencies. Investors should exercise caution and conduct thorough research due to the high volatility associated with cryptocurrencies and NFTs.
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