The BIG Companies Still Need Further Convincing with Cryptocurrencies

THE PROFITS💸

• The BIG Companies Still Need Further Convincing with Cryptocurrencies

• Bitcoin is Running with the Bulls in 2025… and Beyond

• Robert F. Kennedy Suspends His Presidential Campaign and Backs Trump

Read Time: 6 mins

THE BIG PROFITS💸

The BIG Companies Still Need Further Convincing with Cryptocurrencies
Smaller companies might have an advantage… for a little while.

Bitcoin is Running with the Bulls in 2025… and Beyond
Is cryptocurrency here to stay?

Robert F. Kennedy Suspends His Presidential Campaign and Backs Trump

Cryptocurrency

The BIG Companies Still Need Further Convincing with Cryptocurrencies

Industries from sports to entertainment are at a critical juncture, deciding whether to embrace or resist emerging technologies like blockchain.

In a recent discussion, Rob Nelson explored how these sectors could benefit from integrating this technology.

David Packham, CEO of Chintai, noted that while large corporations like BlackRock may hesitate due to current profitability, smaller companies are already advancing, which could eventually push the big players into the tokenized economy.

Sam Price, host of CryptoLifer, compared this shift to Uber's disruption of the taxi industry, emphasizing that technological efficiency and profitability will drive change.

Both experts agreed that while blockchain adoption is inevitable, its potential might be constrained by the very institutions that adopt it for cost-cutting rather than decentralization.

Cryptocurrency

Bitcoin is Running with the Bulls in 2025… and Beyond

As 2025 approaches, experts are divided on whether it will be the year of mass retail adoption of bitcoin and other cryptocurrencies in the U.S. Rob Nelson kicked off the discussion, questioning if this shift is imminent.

David Duong of Coinbase believes a more favorable regulatory environment, driven by growing bipartisan support, could boost retail participation.

However, Noah Newton of Moby Media remains skeptical, pointing to ongoing challenges and the speculative nature of many tokens.

Kelly Kellam from BitLab Academy likened bitcoin's adoption to the early internet, suggesting that while mass adoption might not happen immediately, the pace is accelerating, with the potential for over a billion users by 2030.

Robert F. Kennedy

Robert F. Kennedy Suspends his Presidential Campaign and Backs Trump

Robert F. Kennedy Jr. abruptly suspended his independent presidential campaign on Friday to endorse Donald Trump, creating a late-game twist that might give Trump a slight boost among Kennedy’s supporters.

Shortly after, Kennedy joined Trump on stage at an Arizona rally, where the crowd cheered his new alignment, even as Kennedy’s family and some supporters expressed disappointment over the surprising endorsement.

(Unbiased) Opinion Poll

Sports, Entertainment & Culture

“Baby” by Justin Bieber Comes Full Circle: Justin Bieber, who burst onto the global stage in 2010 with “Baby,” has announced the arrival of his own baby with wife Hailey Bieber. On Friday, the 30-year-old singer shared a photo of a tiny foot on Instagram, revealing the baby's name as Jack Blues Bieber, while Hailey, 27, reposted the image on her Stories; the couple has yet to disclose the baby’s birth date.

Could Blade Live On?: Rumors of cameos in Deadpool & Wolverine have sparked speculation about which characters might continue in the MCU, with Ryan Reynolds adding fuel by praising Wesley Snipes’ return as Blade and pushing for a Logan-style sendoff. While fans might welcome Snipes back for one last film, it risks overshadowing Mahershala Ali’s upcoming Blade reboot and complicating Marvel’s current efforts to regain its footing.

The Future of Tattoos: Tattoos are now a common sight in American workplaces, including among members of Congress, reflecting a broader societal shift toward acceptance. According to a recent Pew Research Center survey, 32% of U.S. adults have tattoos, with most citing reasons like honoring someone or making a personal statement. Despite this, about 24% of tattooed individuals regret their ink, with variations in regret based on demographics and education levels. Looking ahead, while most tattoo-free Americans are unlikely to get a tattoo, younger and lower-income individuals show more interest in future tattooing.

Insight Poll

Science and Technology

Boeing Drops the Ball… Again: SpaceX’s Crew Dragon capsule will bring astronauts Suni Williams and Butch Wilmore back to Earth in February 2025, extending their mission at the ISS from eight days to eight months. NASA’s decision underscores ongoing issues with Boeing's Starliner, which, plagued by delays and technical problems, will now return uncrewed, while the astronauts will don SpaceX suits for their journey home.

Apple Remains in Need of Remote Workers: Apple is still offering remote roles even 4 years after the pandemic. Currently, Apple has over 600 job openings, with 65 available for remote work, including positions like Enterprise System Engineer and Threat Intelligence Analyst. Apple's remote jobs come with competitive salaries, generous benefits, and perks like stock discounts and charitable donation matching. If Apple isn't the right fit, other tech giants like Microsoft and Google also offer attractive remote opportunities.

• Enterprise System Engineer, Major Accounts (Austin, TX, USA)

• Manufacturing Quality Engineer (Changsha, Hunan, China)

• AIML – Partnerships Lead, Siri Response (Cupertino, CA, USA)

• Field Sales Supervisor – North Region (Riyadh, Riyadh, Saudi Arabia)

• Enterprise Pre-Sales Systems Engineer (Minneapolis, MN, USA)

• Enterprise Systems Engineer (Dallas, TX, USA)

• Browser Security Researcher (Seoul, South Korea)

• Facilities Manager (Cincinnati, OH, USA)

• Carrier Sales Manager – T-Mobile Consumer Lead (Seattle, WA, USA)

• NL-Manager (Amsterdam, Holland, Netherlands)

• Threat Intelligence Analyst, SEAR (Washington D.C., USA)

One More Ocean?: Recently, science has served up mind-blowing revelations nearly every day, from a black hole pointing directly at us to a hidden continent that vanished for 375 years. The latest jaw-dropper: a massive ocean trapped 400 miles beneath Earth's crust in rock called 'ringwoodite,' a mineral that absorbs and stores water in a sponge-like state, potentially explaining the vast amounts of liquid water on our planet. What could this mean for interplanetary discovery?

Opinion Poll

Business & Markets

Potential Longterm Investment Opportunity: Looking for an undervalued long-term investment that doesn’t demand constant oversight? Consider Toyota Motor, which Wall Street deems over 30% undervalued at its current price, despite its historical dominance waning amid market changes and the rise of EVs.

While Toyota’s shift towards hybrid technology aligns well with evolving consumer preferences, it remains well-positioned for growth. Analysts are optimistic, with a consensus price target suggesting a 30% upside, and Toyota’s stock, trading at just over eight times forward earnings, offers solid long-term potential.

*WARNING: Please do not use this article as sound investing advice. Investing uses real capital and is subject to gains and losses. Invest responsibly.
These recommended companies are based on their last funding date, the conclusive amount the previous funding amounted to, and the total funding so far for the most recent valuation.
The way you choose to invest is completely for you, by you, and up to you.

Bad Data isn’t Good News Anymore: Since 2022, Wall Street has seen "bad data" as good news due to rising inflation, with the Federal Reserve focusing on interest rate hikes to stabilize the economy. However, recent shifts in economic indicators, including a surprising increase in unemployment and mixed responses to growth and inflation data, suggest markets and the Fed are now more concerned with labor market conditions and overall economic health.

Chipotle Shareholders Already Know, Hopefully: On August 13, Starbucks stunned the investment world by hiring Brian Niccol, Chipotle's CEO, as its new leader, offering him a staggering compensation package potentially worth $113 million. Under Niccol, Chipotle’s stock surged by 800%, driven by a 700% increase in earnings per share and an impressive rise in profit margins.

Though Chipotle is now transitioning to interim CEO Scott Boatwright, investors should remain calm. Niccol's tenure, marked by significant profit growth, was not without controversy, particularly regarding portion sizes. While the upcoming drop in profit margins could affect short-term stock performance, Chipotle's long-term prospects remain strong, so there's no immediate need to sell, but caution is advised for new investors.