LensLinks: Issue 272

Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit, brought to you by Regiment LLC

Author

Len Pacek
November 16, 2023

Today in LensLinks:

  • Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit

  • Sega's 'Super Game' Has a Lot of Focus on "User Generated Content" - Insider Gaming

  • Compound founder’s new firm Superstate raises $14 million to modernize investing with crypto-style tools

  • Another Fintech Drops Crypto

  • The Console Giants' Secret Plot To Unlock Web3 Gaming From Epic To Sony To Microsoft

  • Predictions For 2024 That Could Completely Change Video Games As We Know Them Today

  • Meta Quest Black Friday Deals

  • Bankrupt Crypto Lender Celsius Moves Over $10,000,000 Worth of Ethereum (ETH) To Exchange: On-Chain Data - The Daily Hodl

  • Bankrupt FTX Wants To Sell $100 Million Of Crypto Per Week, Will The SEC Stop It?

  • Singularity: Biden, Xi to Sign Deal Prohibiting AI in Drones, Nuclear Weapons: Report

  • And Much, Much, More…

#regimentco #

QUOTABLE

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“Risk assets celebrated, with the Nasdaq jumping 2.4% (Tuesday). BTC rose almost 1.5% on the news, but then dropped sharply. Bitcoin was not behaving like a risk asset that would benefit from higher liquidity.”

- Noelle Acheson, author of the ‘Crypto is Macro Now’ newsletter

NOTABLE

Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit

Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.

www.coindesk.com/markets/2023/11/10/michael-saylors-massive-bitcoin-bet-crosses-1b-in-unrealized-profit/?utm_term=organic&utm_source=linkedin&utm_content=editorial&utm_medium=social

Metaverse & Gaming

Sega's 'Super Game' Has a Lot of Focus on "User Generated Content" - Insider Gaming

Sega's Chief Operating Officer Shuji Utsumi provided a bit more information on what to expect with Sega's 'Super Game'.

insider-gaming.com/sega-super-game-details

Blockchain, Tokens & DeFi

Compound founder’s new firm Superstate raises $14 million to modernize investing with crypto-style tools

Superstate is building infrastructure that will let investors trade traditional assets like they do DeFi tokens.

fortune.com/crypto/2023/11/15/compound-founders-new-firm-superstate-14-million-modernize-investing-crypto-style-tools

Crypto Trading

Another Fintech Drops Crypto

Crypto prices have been creeping up over the past month, fueling hope that the crypto winter could be thawing. But some trading and investing apps have already thrown in the towel.I reported earlier this week that Stash, an app that offers stock, ETF and crypto trading, is pulling the plug on ...

www.theinformation.com/articles/another-fintech-drops-crypto

Metaverse & Gaming - a little more…

The Console Giants' Secret Plot To Unlock Web3 Gaming From Epic To Sony To Microsoft

Similarly, leaked documents from Microsoft have revealed that plans are in the works for future updates to Xbox which include compatibility with crypto wallets.

www.forbes.com/sites/digital-assets/2023/11/15/the-console-giants-secret-plot-to-unlock-web3-gaming-from-epic-to-sony-to-microsoft/?sh=4d2da6337250

Predictions For 2024 That Could Completely Change Video Games As We Know Them Today

The gaming world is by many standards a very chaotic industry where things can change overnight. Since new products, whether hardware or software, appear

mitechnews.com/business-technologies/predictions-for-2024-that-could-completely-change-video-games-as-we-know-them-today

Meta Quest 2 Black Friday deal sees world's most popular VR headset drop to just $249 at Amazon

The Meta Quest 2 for just $249? That's virtual insanity

www.laptopmag.com/gaming/vr/meta-quest-2-black-friday-deal-sees-worlds-most-popular-vr-headset-drop-to-just-dollar249-at-amazon

Blockchain, Tokens & DeFi - a little more…

Bankrupt Crypto Lender Celsius Moves Over $10,000,000 Worth of Ethereum (ETH) To Exchange: On-Chain Data - The Daily Hodl

An address associated with failed crypto lending platform Celsius has moved millions of dollars worth of Ethereum (ETH) to an exchange, according to on-chain data.

dailyhodl.com/2023/11/15/bankrupt-crypto-lender-celsius-moves-over-10000000-worth-of-ethereum-eth-to-exchange-on-chain-data

Crypto Trading - a little more…

Bankrupt FTX Wants To Sell $100 Million Of Crypto Per Week, Will The SEC Stop It?

With cryptocurrency markets rising, the failed exchange is preparing to sell billions of digital assets held in its coffers. That’s great for customers but problematic for regulators.

www.forbes.com/sites/stevenehrlich/2023/11/15/bankrupt-ftx-wants-to-sell-100-million-of-crypto-per-week-will-the-sec-stop-it/?sh=6be2f17f3e90

After a short lived dip, risk-on is back for crypto trading

Crypto recovered Wednesday, once again outperforming stocks after Tuesday’s inflation data sent bitcoin and ether into the red.

blockworks.co/news/risk-on-is-back-crypto-trading

WonderFi's grip on Canadian crypto market grows as Bitbuy buys Bitvo

As the Canadian crypto landscape evolves and matures, WonderFi has grown its footprint — and now controls nearly half the market.

www.theblock.co/post/263140/wonderfis-grip-on-canadian-crypto-market-grows-as-bitbuy-buys-bitvo

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

Biden, Xi to Sign Deal Prohibiting AI in Drones, Nuclear Weapons: Report

US President Joe Biden and his Chinese counterpart Xi Jinping will enter into an agreement to limit the use of AI in military weapons.

www.thedefensepost.com/2023/11/15/biden-xi-prohibit-ai

AI stocks are rallying again, but US-China chip war risks aren’t done

Nvidia is on the tear again as investors jump back into the AI hype, but geopolitical risks are lurking, starting with an election in Taiwan.

www.afr.com/chanticleer/ai-stocks-are-rallying-again-but-us-china-chip-war-risks-aren-t-done-20231115-p5ek8c

ESG (Environmental, Social & Governance)

Do All AI Systems Need to Be Explainable? (SSIR)

“Explainable A” can bridge the gap between AI outputs and human expertise, but a balance needs to be struck between explainability and performance.

ssir.org/articles/entry/do_ai_systems_need_to_be_explainable

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.