{"id":191511,"date":"2021-03-01T20:30:00","date_gmt":"2021-03-01T17:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/investor-dan-loeb-doing-deep-dive-into-crypto\/"},"modified":"2021-03-01T20:30:00","modified_gmt":"2021-03-01T17:30:00","slug":"investor-dan-loeb-doing-deep-dive-into-crypto","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/investor-dan-loeb-doing-deep-dive-into-crypto\/","title":{"rendered":"# Investor Dan Loeb doing &#8216;deep dive&#8217; into crypto"},"content":{"rendered":"<p>&#8220;<strong># Investor Dan Loeb doing &#8216;deep dive&#8217; into crypto <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvMTc0MzgzMzMtYjFjMi00MmIyLWIxYmQtOTJlZTk5NTMxOGFhLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between traditional finance and the crypto space.<\/p>\n<p>In a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of tweets to his followers on Monday, Loeb <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DanielSLoeb1\/status\/1366363033308643328\">said<\/a> he had been &#8220;doing a deep dive into crypto,&#8221; <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/a16z.com\/2021\/02\/27\/nfts-and-a-thousand-true-fans\/\">referencing<\/a> a recent article on nonfungible tokens, or NFTs, from Chris Dixon, a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> partner at Andreessen Horowitz. Dixon described the ways NFTs could change the economics of content creators \u2014 namely that the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> allows them \u201ca new way to take the money.\u201d\u00a0<\/p>\n<p>Though Loeb called the crypto space \u201ca real test of being intellectually open to new and controversial ideas,\u201d he said he was still maintaining a healthy level of skepticism.<\/p>\n<p>\u201cCulturally I compare bridging the crypto world with the old as akin to finding a portal between two distinct worlds in the multiverse,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DanielSLoeb1\/status\/1366363033308643328\">said<\/a> Loeb. \u201cAnother conflict to overcome is the idea that being late to the crypto party will inevitably lead to one taking the sucker seat at a high stakes poker table versus this still being early days in what is just now being adopted in the mainstream.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I\u2019ve been doing a deep dive into crypto lately.   It is a real test of being intellectually open to new and controversial ideas.   Culturally I compare bridging the crypto world with the old as akin to finding a portal @chbetween two distinct worlds in the multiverse. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/LqWwfIxOyd\">https:\/\/t.co\/LqWwfIxOyd<\/a><\/p>\n<p>\u2014 Daniel S. Loeb (@DanielSLoeb1) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DanielSLoeb1\/status\/1366363033308643328?ref_src=twsrc%5Etfw\">March 1, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>The Third Point CEO may be late to certain aspects of the &#8220;crypto party,&#8221; as he puts it, but his potential inclusion in the space as a Wall Street figure could be the first domino in a line of other major investors still hesitant about the technology and what it means for traditional finance. Some estimates <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.forbes.com\/profile\/daniel-loeb\/?sh=77deb8b67c2d\">put<\/a> the hedge fund\u2019s assets under management between $15 billion and $20 billion, with Loeb\u2019s net worth at more than $3 billion.\u00a0<\/p>\n<p>In July 2020, Cointelegraph reported that figures like Loeb were akin to \u201c<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.investopedia.com\/terms\/a\/activist-investor.asp\">activist investors<\/a>,\u201d individuals seeking to \u201ceffect a significant change\u201d within a company by purchasing large numbers of its shares or getting a seat on its board.\u00a0The fact that Loeb chose to announce his crypto deep dive on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> may indicate that he already has a certain understanding of the space. <\/p>\n<p>The price of Bitcoin (BTC) and other tokens can be exceptionally volatile based on mere rumors of institutional investors. Elon Musk, one of the richest people in the world, has\u00a0effected changes\u00a0to the price of Dogecoin (DOGE) with a single tweet. A major Wall Street billionaire just announcing he\u2019s considering the implications of getting into the space could be bullish <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> for Bitcoin\u00a0and other cryptocurrencies.<\/p>\n<p>&#8220;Better late than never, but [Loeb] seems very conflicted,&#8221; <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1366387096403992576\">said<\/a> Joe Kernen, host of CNBC&#8217;s Squawk Box. &#8220;He&#8217;s thinking a lot about it.&#8221;<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/investor-dan-loeb-doing-deep-dive-into-crypto\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Investor Dan Loeb doing &#8216;deep dive&#8217; into crypto &#8221; Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between traditional finance and the crypto space. In a series of tweets to his followers on&#8230;<\/p>\n","protected":false},"author":1,"featured_media":191512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvMTc0MzgzMzMtYjFjMi00MmIyLWIxYmQtOTJlZTk5NTMxOGFhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,74355,117,70610,73711,70360],"class_list":["post-191511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-adoption","tag-business","tag-finance","tag-investments","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/191511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=191511"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/191511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/191512"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=191511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=191511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=191511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}