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Tether – the company behind the biggest stablecoin in terms of market capitalization, USDT – announced the acquisition of a minority ownership stake in Juventus. The latter is the most successful football club in Italy, having won the domestic Serie A championship a record 36 times. According to some studies, it also has the largest fan base in the country. Tether Solidifies Its Presence In the Sports World According to a document shared with CryptoPotato, this strategic investment allows Tether to integrate its digital assets, payments, and newly acquired AI and biotech expertise into the sports industry. The company might also assemble a top-tier advisory team for this initiative. Additionally, acquiring a minority stake in Juve (as the team’s nickname is) will allow Tether to promote blockchain technology and stablecoin adoption in mainstream sectors such as the sports world. Speaking on the deal was the company’s chief executive officer – Paolo Ardoino: “Aligned with our strategic investment in Juve, Tether will be a pioneer in merging new technologies, such as digital assets, AI, and biotech, with the well-established sports industry to drive change globally. We will explore avenues for innovative collaborations and the potential to revolutionize the global sports landscape.” It is important to note that this is not the company’s first interaction with a football team. In 2023, Plan ₿, an initiative founded by Tether and the City of Lugano, announced its official sole kit sponsorship of FC Lugano, a professional football club that competes in the Swiss Super League. The company behind the USDT stablecoin has also collaborated with Juan Sartori, whose extensive experience includes involvement with the English football team Sunderland AFC, the French AS Monaco, and the European Club Association. Crypto and Italian Football Juve first engaged with the cryptocurrency sector in September 2018 by partnering with blockchain platform Socios.com to launch the Juventus Official Fan Token. Last year, it named Zondacrypto its new sleeve sponsor and official crypto exchange partner, further solidifying its presence in the industry. Other Italian football clubs that have shaken hands with entities representing the digital asset sector include AC Milan which inked a sponsorship deal with BitMEX, SSC Napoli which teamed up with Upbit, and more. The post Tether Acquires a Minority Stake in Italian Football Giant Juventus appeared first on CryptoPotato.

The post Abu Dhabi Reveals $436.9 Million Investment in BlackRock’s Bitcoin ETF appeared first on Coinpedia Fintech News In a recent update, Abu Dhabi on Friday, revealed a massive $436.9 million stake in BlackRock’s iShares Bitcoin ETF (IBIT) as of December 31, 2024. The investment was made through Mubadala Investments, one of the country’s sovereign wealth funds, according to a 13F filing with the SEC. The company makes investments on behalf of Abu Dhabi’s government, which serves as capital city of the United Arab Emirates. In reaction, Bitcoin’s price jumped about 0.5%, reaching $97,400, following the news. Notably, the purchase follows BlackRock securing a commercial license to operate in Abu Dhabi last November. BlackRock manages the largest spot bitcoin ETF, with nearly $56 billion in assets. While this may be one of Abu Dhabi’s biggest crypto investments, but it’s not the city’s first move into digital assets. In 2023, Abu Dhabi also invested in bitcoin mining, with Marathon Digital and Zero Two announcing plans for a major mining complex in the city. Mubadala’s investment in Bitcoin ETFs reflects the growing interest of institutional investors in digital assets within traditional finance markets. This move aligns with the wider trend of increased crypto adoption in the Middle East, where governments and financial institutions are showing greater interest in blockchain and digital assets.

America has the densest talent population of anywhere on Earth. Currently at a neo-socialist communal youth educational facility in Brasil and listening to an "artista" they brought in to sing a few songs. She's not bad. But by no means competitive with anything you'd hear in the States. Forget NYC or LA, you could walk the streets of Atlanta and pass by professional-esque musical and choreographical talent. From Virginia Highlands to Buckhead, talent is prevalent — in the hipster pot bars, on the fútbol pitch, at the school auditorium, all thru the streets. The least talented venues in America might be the slam poetry competitions in Alphabet City or open-mic nights at Williamsburg comedy clubs. Something about liberal hyper-tolerance breeds less-than-average performance. Perhaps it's an aversion to truth. So it goes. Regardless, low talent is uncommon in America. It's not like that abroad. The ceiling is lower and so is the mean. And it's palpable. Have been abroad a good portion of the last 4 years, and talent doesn't just hit you on the metro, at a restaraunt, or on the street. It's more rare, often covetted and pushed thru more organized and professional settings. Regardless, it's obvious this performance isn't representative of every performance you'd expect to see outside the States — but it reminded me of the mean, of most of my experiences seeing people sing, dance, or rap outside the borders of the US of A. Whether it's a handful of young prodigy coders building algorithms to collect and detect fraud in government organizations or a contestant from America's greatest past-time (singing shows on TV) on the verge of double platinum, we will continue to be the capital of birthing, fostering, and attracting the greatest talent humanity offers.

Donald Trump Jr Says Crypto Is the 'Future of American Hegemony' Donald Trump Junior speaks the Ondo Summit in New York City. (CoinDesk/Krisztian Sandor) #Bitcoin $BTC

Former Celsius CEO Alex Mashinsky asks for trial to be postponed a month to May 8 According to Inner City Press, former Celsius CEO Alex Mashinsky has pleaded guilty to two counts and asked to postpone his trial by one month to May 8, but the U.S. Attorney's Office has not agr…