Keiser wants the naming rights to the sculpture to restore it to the initial project to look more like its predecessor. The crypto Charging Bull symbolizes prosperity, confidence, and financial optimism, as cryptocurrencies have come to stay and change finances.
Everyone has seen the picture of the legendary Charging Bull sculpture, the Wall Street bull. The 7,200-pound bronze statue became a major tourist landmark in New York.
Although there is a replica of the iconic structure in Miami, it directly relates to cryptocurrencies. American broadcaster and moviemaker Max Keiser recently offered to restore the crypto Charging Bull of Miami to make it look more like its predecessor.
However, Keiser wants to have the naming rights to the sculpture if he can restore it to the initial project. Although it looks perfect at first sight, it has a detail relevant for tourists not included in the construction. The enormous sculpture of the Charging Bull does not have testicles like the Wall Street bull.
The Reasons for Keiser to Restore the Crypto Charging Bull of Miami
Following a recent Twitter post, Max Keiser might win naming rights to the sculpture at Miami Dade College.
The crypto Charging Bull symbolizes prosperity, confidence, and financial optimism regarding Bitcoin and other cryptocurrencies. That stresses that crypto assets have come to stay to change finances, allowing users to make decisions through the blockchain.
Keizer might be offering to restore the crypto Charging Bull to match the original for his benefit. Whoever wins the naming rights to such an iconic monument will have a privilege before his competitors.
The Miami version of the Charging Bull, which weighs 3,000 pounds, is different In that its blue eyes simulate a laser effect.
After several transfers made by some companies, Florida seeks to become the new US financial capital. The state is getting ready to receive leading companies like Ark Investment Management and Elliott Investment Management. They want to stand out in crypto by holding important annual conferences and events.
This year they held an event, which Nayib Bukele, the president of El Salvador, could not attend due to unforeseen circumstances.
In April, mayor Francis Suarez explained the importance of positioning Miami in the crypto industry. He commented that the Charging Bull would further reaffirm the strength of Miami in global finance.
The relevance of cryptocurrencies has grown significantly, which regulators, politicians, and famous broadcasters like Mike Keizer do not overlook. Restoring the crypto Charging Bull of Miami would prove the relevance of that industry in the world economic system.
Bitcoin is trading at around USD 19,762 and has accumulated a 0.5% loss over the last 24 hours. While its trading volume is above USD 20.07 billion, its market capitalization is about USD 378.27 billion, according to CoinGecko.
Investors should monitor the behavior of the market and external factors before buying ADA or any other crypto asset. That would allow having a better perspective of its current state to avoid the loss of money.
By Alexander Salazar
