The post Crypto Elites Pivot to Collectibles as $5 Million Triceratops Skeleton Finds a Home in Singapore’s Asian Fort Knox appeared on BitcoinEthereumNews.com. COINOTAG News, citing Bloomberg, notes that a Singapore vault colloquially dubbed the Asian Fort Knox houses a complete Triceratops skeleton dating 69 million years, one of just 24 known specimens globally. Earlier this year, about $5 million secured the purchase by a four-member crypto investor group, including Yoann Turpin, co‑founder of Wintermute, alongside other co‑investors with ties to digital assets such as Co‑Museum founder Chaw Wei Yang. The artifact was shipped from Wyoming to Le Freeport in Singapore, illustrating a trend among crypto executives toward tangible assets rather than purely digital art after the NFT craze of 2022. Across the sector, executives are diversifying into collectibles, precious metals, and sculptures, signaling a shift in appetite for high-value physical assets within the crypto community. Source: https://en.coinotag.com/breakingnews/crypto-elites-pivot-to-collectibles-as-5-million-triceratops-skeleton-finds-a-home-in-singapores-asian-fort-knoxThe post Crypto Elites Pivot to Collectibles as $5 Million Triceratops Skeleton Finds a Home in Singapore’s Asian Fort Knox appeared on BitcoinEthereumNews.com. COINOTAG News, citing Bloomberg, notes that a Singapore vault colloquially dubbed the Asian Fort Knox houses a complete Triceratops skeleton dating 69 million years, one of just 24 known specimens globally. Earlier this year, about $5 million secured the purchase by a four-member crypto investor group, including Yoann Turpin, co‑founder of Wintermute, alongside other co‑investors with ties to digital assets such as Co‑Museum founder Chaw Wei Yang. The artifact was shipped from Wyoming to Le Freeport in Singapore, illustrating a trend among crypto executives toward tangible assets rather than purely digital art after the NFT craze of 2022. Across the sector, executives are diversifying into collectibles, precious metals, and sculptures, signaling a shift in appetite for high-value physical assets within the crypto community. Source: https://en.coinotag.com/breakingnews/crypto-elites-pivot-to-collectibles-as-5-million-triceratops-skeleton-finds-a-home-in-singapores-asian-fort-knox

Crypto Elites Pivot to Collectibles as $5 Million Triceratops Skeleton Finds a Home in Singapore’s Asian Fort Knox

2025/12/11 14:31

COINOTAG News, citing Bloomberg, notes that a Singapore vault colloquially dubbed the Asian Fort Knox houses a complete Triceratops skeleton dating 69 million years, one of just 24 known specimens globally.

Earlier this year, about $5 million secured the purchase by a four-member crypto investor group, including Yoann Turpin, co‑founder of Wintermute, alongside other co‑investors with ties to digital assets such as Co‑Museum founder Chaw Wei Yang.

The artifact was shipped from Wyoming to Le Freeport in Singapore, illustrating a trend among crypto executives toward tangible assets rather than purely digital art after the NFT craze of 2022.

Across the sector, executives are diversifying into collectibles, precious metals, and sculptures, signaling a shift in appetite for high-value physical assets within the crypto community.

Source: https://en.coinotag.com/breakingnews/crypto-elites-pivot-to-collectibles-as-5-million-triceratops-skeleton-finds-a-home-in-singapores-asian-fort-knox

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The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
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PANews2025/09/18 06:54