Shark Tank

Shark Tank star Mark Cuban recently aired his thoughts on Ethereum’s upcoming “Merge” upgrade. He pointed out how Ethereum’s utility as a smart contract platform and as a deflationary asset are at odds.  In an interview with Altcoin Daily on Sunday, Cuban explained that there is an inverse relationship between deflation and utilization of Ethereum. “If utilization goes up, and the value of a token goes up, then the cost to do something goes up,” he explained. “So you have…

On Monday, Dallas Mavericks owner Mark Cuban and prominent Bitcoiner Preston Pysh were at it again over Twitter. Amid their argument, Cuban asserted that Bitcoin was not and would never be an inflation hedge. Instead, like his Shark Tank co-star Kevin O’Leary, Cuban is primarily interested in a range of other altcoins, including Doge. The Argument The spat began with Cuban wishing that spambots advertising various crypto projects on Twitter would disappear. But, unfortunately, such spam is rampant in crypto…

Media personality and entrepreneur Kevin O’Leary recently revealed that 10% of his portfolio goes to cryptocurrency. This comes after the investor derided the asset class years ago, with words that he now says he’ll “never live down”. O’Leary Treats Crypto As A Serious Investment The Shark Tank star revealed his crypto holdings yesterday during a Reddit talk session. He said that he opened up to the asset class as international regulators showed their approval and created industry frameworks. With that,…

Kevin O'Leary plans on adding more cryptocurrencies to his portfolio. The shark tank star hopes to expand his digital assets from 3% to 7%. As per Kevin, digital currencies could accumulate trillions if they entirely turn into an asset category. He intends to include more virtual assets as 2021 comes to an end. O'Leary is Comfortable with Crypto The digital currency space is currently under pressure from global regulators. As such, Kevin hopes that U.S regulators can design policies focusing on…