Crypto

Matt Damon Slammed For ‘Fortune Favours The Brave’ Cryptocurrency Advert

Published

3 years ago

May 14, 2022

Matt Damon Slammed For ‘Fortune Favours The Brave’ Cryptocurrency Advert

Matt Damon is being slammed on Twitter for showing in a cryptocurrency advert which is not holding up too nicely amid the present market crash. Have a look under:

Just some months in the past, in October 2021, the cryptocurrency market was doing fairly nicely. After all, such a unstable trade typically has its ups and downs, however compared to the present state of affairs, it was nice.

On the identical time, Damon appeared in an advert titled “Fortune Favours The Courageous” for the corporate Crypto.com, which goals to ‘speed up the world’s transition to cryptocurrency’.

Within the clip, Damon highlights various unimaginable human accomplishments, corresponding to climbing Everest, conquering the skies in a aircraft and travelling to area, and likens these acts of bravery to investing in crypto.

“In these moments of fact, these women and men, these mere mortals, identical to you and me, as they peer over the sting, they calm their minds and metal their nerves, with 4 easy phrases which were whispered by the intrepids because the time of the Romans: Fortune favors the courageous,” he says within the video.

On 28 October Matt Damon launched a crypto advert telling folks ‘fortune favours the courageous’.
Since then the value of Bitcoin and Ethereum have halved. pic.twitter.com/wZWUViSIvK
— James Clayton (@JamesClayton5) May 9, 2022

It is positively an inspirational, if dramatic, video, however fast-forward to this month and it isn’t trying so good.

Over the previous couple of weeks, the cryptocurrency market as a complete has misplaced a whole bunch of billions of {dollars} in worth, with Bitcoin dropping to its lowest value since 2020 and ethereum shedding greater than 20 % in 24 hours earlier this week.

The time period ‘crypto’ started trending on Twitter as each traders and onlookers shared their ideas on the state of affairs, with many honing in on Damon’s earlier reward for investing.

Twitter account MarketWatch made clear the unlucky demise of Damon’s endorsement because it wrote: “In case you had bought $1000 value of bitcoin when Matt Damon ‘Fortune Favors the Courageous” industrial debuted, your crypto worth can be about $481 immediately.”

Doubling down on the laborious fact, one other commented: “On 28 October Matt Damon launched a crypto advert telling folks ‘fortune favours the courageous’. Since then the value of Bitcoin and Ethereum have halved.”

A 3rd tweet joked: “Matt Damon was in Oceans 11, 12, 13. You crypto guys simply fell sufferer to his newest heist.”

The dramatic drop within the cryptocurrency market has come after the so-called stablecoin TerraUSD, supposed to be a extra dependable funding, dropped 98 % within the area of 24 hours after beforehand being ranked among the many 10 most respected cryptocurrencies.

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Crypto

Dogecoin Up 3%, Shiba Inu Up 4%: What Is Going On?

Published

2 hours ago

November 22, 2024

Press Room

Dogecoin Up 3%, Shiba Inu Up 4%: What Is Going On?

Dogecoin DOGE/USD and Shiba Inu SHIB/USD are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market.

Cryptocurrency	Price	Market Cap	24-Hour Trend	7-Day Trend
Dogecoin	$0.3923	$57.6 Billion	+2.8%	+5.3%
Shiba Inu	$0.00002496	$14.7 Billion	+4.2%	+3.1%

Trader Notes: Analysts see bullish potential for the top two meme coins.

Crypto chart analyst Ali Martinez predicts a potential rally for Shiba Inu, suggesting SHIB could hit $0.00049 if it mirrors DOGE’s pattern.

Trader Javon Marks highlights SHIB’s daily chart with a possible bull pattern confirmation. A breakout target of $0.000081—216% above current levels—could see SHIB surge more than 200%.

For Dogecoin, Altcoin Sherpa notes the recent correction as not bearish, seeing opportunities for buyers with another leg up expected soon.

Crypto Amsterdam observes DOGE hovering in a mid-range phase, suggesting $1 could be on the horizon.

Meanwhile, trader Kevin forecasts a DOGE breakout by Saturday.

Statistics: IntoTheBlock Data shows:

Large transaction volume increasing for DOGE (+41.1%) and SHIB (+44.9%).
Daily active addresses rising by 34.9% for DOGE and 10.7% for SHIB.
SHIB transactions above $100,000 up from 332 to 399 in one day.

Shibarium Activity: Daily transactions climbed from 4.66 million on Nov. 20 to 4.75 million on Nov. 21.

Read Next:

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

Crypto

Bitcoin nears $100,000 as investors bet on crypto-friendly Trump policies

Published

12 hours ago

November 21, 2024

Press Room

Bitcoin nears 0,000 as investors bet on crypto-friendly Trump policies

World’s popular digital currency rises as high as $99,073 on expectations Trump will ease legal and regulatory hurdles.

Bitcoin is nearing the $100,000 mark as crypto enthusiasts bet that United States President-elect Donald Trump will usher in a more welcoming regulatory environment for digital assets.

The world’s most popular digital currency rose as high as $99,073 on Thursday, extending its surge since Trump’s re-election on November 5.

The commodity has risen more than 60 percent since election day as investors anticipate Trump’s incoming administration to ease regulatory and legal hurdles to its use.

Trump, who called the asset a “scam” during his first term, accepted campaign donations in cryptocurrency, and has pledged to make the US “the crypto capital of the planet” and accumulate a national bitcoin reserve.

Trump and his three sons in September also announced the launch of their own crypto business, World Liberty Financial, which investors have taken as a promising sign of the president-elect’s belief in the sector.

In another bullish signal for the sector on Thursday, United States Securities and Exchange Commission (SEC) chair, Gary Gensler, who was widely disliked among crypto investors for his aggressive enforcement actions targeting the sector, confirmed that he would step down in January.

Trump had pledged to fire Gensler on “day one” of his administration, though the president does not have the authority to remove the SEC chair before the end of his or her term.

While viewed by supporters as a ticket to big returns and financial freedom, Bitcoin and other cryptocurrencies are known for their volatility and have faced government crackdowns in several parts of the world.

After climbing to a record high of $69,000 in late 2021, Bitcoin plunged to less than $16,000 over the following year.

The commodity burst past its previous peak in March after gaining more than 300 percent since November 2022.

Crypto

Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation – Press release Bitcoin News

Published

20 hours ago

November 21, 2024

Press Room

Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation – Press release Bitcoin News