Crypto Biz: An eye-opening chat with Mr. Wonderful, April 7–13, 2022

cointelegraph.com:

The past seven days have reminded me of how lucky I am to have forged a career in the Bitcoin (BTC) and cryptocurrency industry. Cointelegraph sent a contingency of reporters to the Bitcoin conference in Miami, where we got to chop it up with billionaires, business leaders and hedge fund managers. I had the privilege of sitting down with Canadian businessman and Shark Tank star Kevin O’Leary, who actually revealed most of his crypto portfolio. 

I also got to interview Bloomberg’s senior commodity strategist Mike McGlone, who shed light on crypto market volatility, as well as Mark Yusko of Morgan Creek Capital. Yusko and I laughed at traditional 60/40 portfolio strategies, and I got to ask him a curious question: Who in their right mind is buying bonds today?

This week’s Crypto Biz gives you a nice recap of Bitcoin 2022, as well as the latest funding and business news from the world of blockchain.

Related: Bitcoin 2022 Miami: Conference recap and major themes

Kevin O’Leary made it abundantly clear to Cointelegraph last week that Bitcoin and crypto are the future. There was so much I wanted to ask Mr. Wonderful, but I decided to keep it as succinct as possible, given that his entourage was hovering behind the set. O’Leary told the Bitcoin conference in Miami that BTC mining can actually save the world by incentivizing green energy production. I decided to pick his brain on this matter by asking for more concrete examples. I also asked him about stablecoin regulations, institutional appetite for digital assets and, of course, what his current crypto portfolio looks like (you’ll be surprised by the answer).

Watch what they do, not what they say. New York-based hedge fund manager BlackRock has thrown its weight behind stablecoin