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Tag: Ownership

  • does fractional vacation home ownership offer an alternative?

    does fractional vacation home ownership offer an alternative?

    The recent regulatory green light for 11 Bitcoin spot exchange-traded funds (ETFs) has triggered fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, anticipates a showdown between Invesco, Fidelity, and BlackRock, whose IBIT traded $7.5M shares in the first 10 minutes of the launch

    Amidst this crypto turbulence, Everlodge, a disruptor in fractional vacation home ownership, is making waves with its ongoing ELDG token presale.

    Bitcoin ETF war unleashed

    The approval of 11 Bitcoin spot ETFs has set the stage for a high-stakes battle among industry behemoths. According to Mike Novogratz, a prominent figure in the crypto sphere, the ETF landscape is becoming a hotbed of competition. In a recent CNBC interview, Novogratz highlighted that success in this emerging market depends on execution, liquidity, and hidden fees, rather than just focusing on expense ratios.

    Novogratz’s insights stem from his experience, as Galaxy Digital, his firm, has partnered with Invesco to launch its cryptocurrency ETF. He predicts a fierce struggle for dominance, emphasizing that the ETF market is not one-size-fits-all. The recent regulatory approvals have ignited a race for customers, with Invesco, BlackRock, and Fidelity emerging as key contenders in the crypto showdown.

    Everlodge: unlocking vacation home ownership

    In a parallel narrative, Everlodge is disrupting the vacation home industry with its ongoing ELDG token presale. This innovative platform allows users to invest fractionally in hotels, luxury villas, and vacation homes on the blockchain. Everlodge’s approach to fractional investing eliminates the complexities associated with traditional real estate investment, providing a seamless experience for users.

    The ELDG token, designed as a genuine utility token, incentivizes and benefits the Everlodge community and investors. Early adopters stand to gain from features such as passive income through staking, exclusive monthly rewards, and eligibility for the Everlodge private members club. Token holders can also leverage their ELDG tokens for discounts on trading fees and purchases within the Everlodge ecosystem.

    Is Everlodge a good investment?

    The question on many minds is whether Everlodge and its ELDG token represent a sound investment opportunity. Everlodge’s unique approach to democratizing vacation home ownership, coupled with the integration of blockchain technology, positions it as a disruptor in the industry. The ongoing ELDG token presale provides early investors with a chance to participate in this groundbreaking venture.

    Investors looking for an alternative asset class may find Everlodge appealing. The platform’s emphasis on providing passive income, discounts, and exclusive rewards adds an attractive layer to the investment proposition.

    However, as with any investment, potential participants should conduct thorough research, considering factors like market trends, Everlodge’s roadmap, and broader economic conditions.

    Conclusion

    The cryptocurrency landscape is witnessing macro-level battles among industry giants like Invesco, BlackRock, and Fidelity, and micro-level disruptions through innovative platforms like Everlodge. The regulatory approval of Bitcoin spot ETFs has not only intensified competition but also highlighted the evolving nature of the crypto market.

    As investors navigate this dynamic environment, Everlodge is a testament to the ongoing transformation in how people invest and engage with emerging technologies in the digital age.

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  • Cryptocurrency Ownership Reaches 49 Million in the U.S

    Cryptocurrency Ownership Reaches 49 Million in the U.S

    • Top 10 countries like the UAE, Vietnam, and Saudi Arabia showcase mainstream cryptocurrency adoption.
    • The U.S. boasts 49 million active cryptocurrency owners.
    • With a 10.30% ownership rate, Ukraine emerges as a crypto hub.

    In a world brimming with a myriad of cryptocurrencies, each vying for attention and market dominance, the global landscape of digital assets is undergoing transformation. Amidst this sea of possibilities, certain countries stand out as key players in the cryptocurrency revolution.

    According to CoinJournal.net, the U.S., with a 14.36% ownership rate, boasts nearly 49 million active participants in the cryptocurrency market.

    Here are the top 10 countries where owning cryptocurrency has become a mainstream phenomenon:

    United Arab Emirates

    With a population of 9.5 million, the United Arab Emirates tops the list with an impressive ownership percentage of 27.67%. Over 2.6 million residents of the UAE have enthusiastically joined the crypto revolution, making it a prominent hub for digital asset enthusiasts.

    Vietnam

    The Southeast Asian nation of Vietnam boasts a population of nearly 99 million, and a remarkable 21.19% of its citizens, totaling over 20.9 million people, have embraced cryptocurrencies. The country’s tech-savvy population has played a pivotal role in driving this surge.

    Saudi Arabia

    In the heart of the Middle East, Saudi Arabia stands out with an ownership percentage of 17.53%. With a population of over 36 million, more than 6.4 million Saudis have ventured into the crypto space, reflecting a growing interest in digital financial assets.

    United States

    Despite its lower ownership percentage of 14.36%, the sheer scale of the United States, with a population exceeding 339 million, means that nearly 49 million Americans are actively involved in the cryptocurrency market. The U.S. remains a powerhouse in the global crypto landscape.

    Singapore

    This vibrant city-state has become a crypto hotspot, with 13.93% of its 6 million residents holding digital assets. Singapore’s reputation as a financial and technological hub has attracted a significant number of crypto enthusiasts, contributing to the global phenomenon.

    Iran

    With a population of 89 million, Iran has seen a substantial 13.46% of its citizens, around 12 million people, diving into the world of cryptocurrencies. Despite regulatory challenges, Iranians have found ways to participate in the global crypto market.

    Philippines

    Boasting a population of over 117 million, the Philippines has witnessed a surge in crypto ownership, with 13.43% of its residents, totaling over 15.7 million people, actively engaging in the digital currency space.

    Ukraine

    With 10.30% of its 36.7 million population owning cryptocurrencies, Ukraine is carving a niche for itself in the global crypto arena. The country’s tech-savvy youth and a growing awareness of digital assets contribute to its rising crypto ownership.

    Venezuela

    Despite economic challenges, Venezuela stands out with a crypto ownership percentage of 10.30%. Nearly 3 million Venezuelans, out of a population of 28.8 million, have turned to cryptocurrencies as an alternative financial solution.

    South Africa

    With a population of over 60 million, South Africa rounds off the top 10 with a solid 10% ownership percentage. Over 6 million South Africans have embraced cryptocurrencies, highlighting the widespread appeal of digital assets on the African continent.

    Max Coupland from CoinJournal commented on the findings: ”The United States, with its substantial population and widespread adoption, remains a formidable force in shaping the trajectory of the global crypto landscape. As individuals continue to explore and invest in digital assets, the findings reflect the enduring allure of cryptocurrencies as a mainstream financial phenomenon.”

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