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Bitcoin speeds towards race car sponsorship

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Bitcoin has achieved many firsts in its short history, a sponsored race car wasn’t on the list, until now.

The 105th running of the Indianapolis 500 featured a Bitcoin sponsored racing car in a world first.

Crossover between sport and cryptocurrency

Renowned Bitcoin podcaster Stephan Livera approves of the Bitcoin race car design but points to a building phenomenon: the crossover between sports, athletes and cryptocurrency.

“I think it’s all about the story, there’s a social element as well. People look at what celebrities and sports stars are doing,”

“I think it’s really cool how they’ve styled the car, and they’ve really gone all out” Livera added.

Because the Bitcoin logo isn’t under any copyright laws, team owner Ed Carpenter was free to go his hardest.

“I really believe that it’s the future of a lot of what our financial system is going to look like” Carpenter said.

Bitcoin car comes 8th in the race

Dutch driver Rinus Veekay looked set for victory but couldn’t find the right track position before coming home in a solid 8th place. 

Could you imagine what a victory for the Bitcoin race car would do to the price?

The BTC logo was everywhere. Veekay’s fire suit was covered as were the uniforms worn by the team’s pit crew.

Also adorning the car was the number 21 to signify the total supply of BTC, being 21 million.

https://twitter.com/APompliano/status/1398972528865972226?s=20

Not your ordinary sponsor

Strike Founder and CEO Jack Mallers was a key player in sponsoring the Bitcoin race car, and his vision offered something outside the traditional sponsor setup.

Mallers could hardly be accused of understatement when he said Carpenter “is racing for human freedom, financial literacy, financial inclusivity, and is using the platform he’s earned throughout his career to promote the most powerful message possible in pushing forward.”

So the biggest car race in America is added to a rapidly growing list combining digital currencies and sports.

Does crypto have a place in racing?

In March, Major League Baseball’s Oakland A’s announced they’ll accept Bitcoin as payment for season suites. This followed the NBA’s Sacramento King’s also allowing players and staff a bitcoin payment option.

NFL stars Tom Brady, Saquon Barkley and Russell Okung have all publicised their interest.

The growth in this space appears only heading in one direction.

Perhaps Carpenter best encapsulated the mood “We want to kiss the bricks, drink the milk, then watch Bitcoin race past $100k!”

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SpaceX IPO could make Elon Musk’s Mars dream a trillion-dollar reality

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

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SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.


Investors are buzzing as SpaceX gears up for a potential IPO, aiming to raise more than $25 billion, possibly as soon as June. The offering could value the company at over $1 trillion, fueling Musk’s ambitious plans for Mars and beyond.

Despite the high-risk nature of space ventures, demand from retail investors is expected to be strong. Experts predict this IPO could become historic, with the company’s market value potentially soaring past $2 trillion once it launches.

Musk’s unconventional management style hasn’t slowed investor enthusiasm, even amidst regulatory hurdles. The funds raised could also support groundbreaking innovations, including energy-efficient space data centers.

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#SpaceX #ElonMusk #IPO #MarsMission #Investing #StockMarket #TrillionDollar #SpaceTech


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Russia shoots down 280+ Ukrainian drones as Zelenskyy pushes new peace plan

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

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Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.


Russia’s Defence Ministry claims it has shot down over 280 Ukrainian drones, with 40 intercepted near Moscow, some targeting the city directly. Emergency services responded to debris, and temporary flight restrictions were enforced at Moscow’s airports amid the attacks.

Meanwhile, President Zelenskyy revealed his team is finalizing a revised 20-point peace proposal, introducing new ideas on territorial control. Ukrainian and American officials are set to consult online, focusing on security guarantees rather than the detailed points of the plan.

As tensions rise, both military clashes and diplomatic efforts continue to shape the future of the conflict. Keep up with the latest updates and expert analysis on these unfolding events.

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#UkraineConflict #RussiaUkraine #Zelenskyy #DroneAttack #PeacePlan #Moscow #WorldNews #TickerUpdates


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Disney invests $1B in OpenAI to generate Marvel, Star Wars, and Pixar videos

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

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Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.


Disney is taking AI to the next level, investing $1 billion in OpenAI to create a licensing deal that allows users to generate videos featuring more than 200 characters from Disney, Marvel, Star Wars, and Pixar. This partnership could redefine how fans interact with their favorite characters.

The deal will let users stream short AI-generated videos directly on Disney+, and ChatGPT will also produce images of Disney’s licensed characters. However, the agreement excludes talent likenesses or voices, keeping human performances separate.

Set to launch in 2026, the collaboration also gives Disney warrants to purchase additional OpenAI equity and use AI tools for product development, opening doors to new creative opportunities.

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