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BitClout lists on AscendEX, continuing incredible growth
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BitClout Lists on AscendEX, Continuing Incredible Growth
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SINGAPORE, July 13, 2021 /PRNewswire/
AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the listing of the
BitClout token (CLOUT) on July 14 at 1 p.m. UTC.
BitClout is the first social network built with its own custom blockchain as its foundation. This new type of social network allows any creator to have their own token that their followers can buy and sell.
BitClout Lists on AscendEX, Continuing Incredible Growth
BitClout is a token-based marketplace for shares in someone s (or something s) reputation and influence. If an influencer goes viral on Instagram for something delightful, their token will appreciate in value. If an influencer says something inappropriate on Twitter, it could hurt the value of their token. In theory, every public action from anyone makes the creator token s price subject to fluctuation and thu
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Hedge funds like multi-strategy giants Millennium and Point72 are getting into crypto.
The space, which was once dismissed by top managers, has become more accepted.
There are still major holdouts, including Ken Griffin s Citadel.
The hedge-fund world didn t come running to cryptocurrencies.
While some smaller funds embraced bitcoin and other digital currencies early on, the biggest names in the industry needed to warm up to the idea of investing in a completely new asset class.
But now that some of the world s most respected investors have embraced bitcoin, the floodgates have opened. A new PwC report finds that while only 21% of hedge funds are currently investing in digital assets, a quarter of those who are not have made plans to this year.