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☆ Who Decides Penn’s Future: Donors or the University?
▼ + stars: | 2023-10-26 | by ( Stephanie Saul | More About Stephanie Saul | ) www.nytimes.com time to read: +8 min

“The conference became a vehicle.”It is not unusual for donors, unhappy with student activism, to pull back giving. “It’s essential that the university remains independent from donor pressure or influence on the content of work that’s done in the university,” said Ms. Lieberwitz, who is also general counsel for the American Association of University Professors. “Very broadly, I am deeply committed to academic freedom,” Ms. Magill had told The Daily Pennsylvanian, the campus newspaper. Alumni Donors Push BackOne day after the Indigenous Peoples’ Day post, Ms. Magill issued her first statement condemning the Hamas assault. Some Wharton alumni had been unhappy with the university’s direction for a long time.

Persons: —, Lauder, Jon Huntsman, Dick Wolf —, Rowan, ”, Robert Vitalis, “, George W, Bush, Penn, Risa L, Lieberwitz, Magill, Ms, Amy Wax, Penn Hillel, Viet Thanh Nguyen, Israel, Roger Waters, Susan Albuhawa, Critics, ” Mr, Wharton, Jonathan S, Jacobson, Lia Thomas, Erika James, Ross Stevens, University of Chicago’s Booth, Stevens, Booth Organizations: “, East Center, University of Texas, Austin, University of Denver, Palestinian, U.N, Cornell, American Association of University, Edge, University of Virginia, Daily, university’s College of Arts and Sciences, Penn, Pink Floyd, Indigenous Peoples, Wharton, HighSage Ventures, Management, University of Chicago’s Locations: Utah, Penn, Israel, Yom Kippur, Nazi, Berlin

☆ An Oscar Winner Scouts Her New Location: an Uptown Pad for Less Than $500,000
▼ + stars: | 2023-10-12 | by ( Debra Kamin | ) www.nytimes.com time to read: +3 min

When her son, Jack, was born 36 years ago, Ms. Leo, now 63, thought about putting down real roots. At the time, she was renting a place on 83rd Street, on the Upper East Side of Manhattan. I rent places for temporary housing when I do television work,” Ms. Leo said. Earlier this year, she decided to try again, focusing on Yorkville, a historic swath of the Upper East Side. Ms. McCormack showed Ms. Leo a handful of studios and one-bedroom apartments in the area.

Persons: Melissa Leo, Leo, Alice Eklund, Ward, homeownership, Jack, Carl Schurz, Oscar, ”, Louie ”, “ I’ve, ” Ms, Janina McCormack, Ms, McCormack, “ Organizations: Upper East Locations: Upper, “, Manhattan, Stone Ridge, N.Y, New Yorker, Washington Heights, ”, Yorkville, New York

☆ Bitcoin's most faithful are staying put despite the crypto market's recent weakness
▼ + stars: | 2023-08-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Coin Metrics measures a week in crypto, which trades 24 hours a day, from the 4:00 p.m. "The part that could upset the crypto market is if interest rates stay higher for longer, which disappoints the expectation that the rate could be lowered in the first half of 2024. Trading data also shows long-term investors haven't been easily shaken by the recent weakness. This tells us that despite the price volatility and recent downdraft in prices, long-term holders are unwavering. He added that while it's unclear what exactly accounts for traders' resilience, maturing crypto investors are becoming more "aware of the cycles associated with bitcoin's halving and are expecting it to repeat, leading to price appreciation."

Persons: Bitcoin, Oppenheimer's Owen Lau, Jerome Powell's, Gustavo Schwenkler, It's, haven't, Greg Cipolaro, Michael Bloom, Nick Wells Organizations: Metrics, Fed, Leavey School of Business, Santa Clara University, Indicia Labs, SEC, JPMorgan, Management, CNBC Locations: Jackson Hole , Wyoming, U.S, China, NYDIG, Stone

☆ What bitcoin investors can learn from the halving of Litecoin this week
▼ + stars: | 2023-08-03 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Traders have been looking to next spring's Bitcoin halving as a beacon of hope while regulatory uncertainty weighs on the industry and trading volumes remain suppressed. "The Litecoin halving has a bit of a price cyclicality associated with it as well, and those patterns seem to be repeating," he told CNBC. The token typically finds its trough and then its peak ahead of the halving, whereas bitcoin tends to peak well after its halving. Litecoin's trough to peak returns fell from 550% in its first halving cycle in 2015 to 504.8% in its second halving cycle three years later. "The Litecoin halving hasn't had as much of a pre-event momentum build like, say, a Bitcoin halving or Ethereum upgrade," said Michael Safai, managing partner at the crypto trading firm Dexterity Capital.

Persons: Litecoin, Greg Cipolaro, Cipolaro, Michael Safai Organizations: Management, CNBC, Traders Locations: NYDIG, Stone

☆ Bitcoin is in the depths of the summer doldrums despite a wave of positive regulatory developments. Here's what to expect in August.
▼ + stars: | 2023-07-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

In the latest week, bitcoin closed lower by 1.9%. Coin Metrics measures a week in crypto, which trades 24 hours a day, from the 4:00 p.m. "August is a quiet month for traditional market investors and crypto is no different," said Greg Cipolaro, global head of research at NYDIG, the crypto subsidiary of Stone Ridge Asset Management. "Historically, mean returns have waned as we go into the summer months and that may play out again in August." But even with the latest downdraft, bitcoin is still up about 77% for the year, and investors are upbeat.

Persons: it's, Greg Cipolaro, Ric Edelman, Edelman, Bitcoin, —, Gina Francolla Organizations: bitcoin, Management, Digital Assets, Financial Professionals, U.S . Securities, Exchange Commission, SEC, Binance, Innovation, Technology, Century, Federal Reserve, European Central Bank, Nasdaq Locations: NYDIG, Stone, Congress, BlackRock

☆ Finding That Hudson Valley Gem for About $500,000: Which House Would You Choose?
▼ + stars: | 2023-05-04 | by ( Karen Angel | ) www.nytimes.com time to read: +2 min

Ms. Burk still works in Manhattan as a freelance photo stylist for clients like Tory Burch and Coach, but plans to focus entirely on Lotus when she turns 50 in August. “We fell in love with the area,” said Mr. Burk, who began rock-climbing near the local lakes 15 years ago. Email: thehunt@nytimes.com]His retirement thrust the couple into a Hudson Valley house search just as a stream of New Yorkers fleeing the city created fierce competition. Mr. Burk picked up construction skills while working for a plumber when he was in high school and later developed those skills by flipping houses, and Ms. Burk has a background in design. “We were always drawn to ugly-duckling houses,” Ms. Burk said.

☆ Bitcoin firm NYDIG lays off about a third of employees - WSJ
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +1 min

Oct 13 (Reuters) - Bitcoin company NYDIG laid off about a third of its workforce last month to cut costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The company laid off around 110 people on Sept. 22, weeks before replacing its top two executives, the WSJ reported. Register now for FREE unlimited access to Reuters.com RegisterNYDIG did not immediately respond to a Reuters request for comment. Earlier this month, NYDIG appointed Tejas Shah as its chief executive officer and Nate Conrad as president. Last year, NYDIG raised $1 billion in a funding round led by venture firm WestCap with participation from existing investor Bessemer Venture Partners, valuing the bitcoin company at more than $7 billion.

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