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<ul class="summary-list"><li><keyword id="6709758" type="UNKNOWN" weightage="60" keywordseo="Ether">Ether</keyword> spiked to a new record high Tuesday ahead of <keyword id="1972612" type="PERSON" weightage="60" keywordseo="Coinbase">Coinbase</keyword>'s direct listing and <keyword id="11095284" type="UNKNOWN" weightage="60" keywordseo="berlin-hard-fork">Berlin hard fork</keyword>. </li><li>Ether rose 8% to $2,287, hitting a market cap of $250 billion for the first time</li><li>Berlin hard fork is the next upgrade to the <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">ethereum</keyword> network.</li></ul><a href="https://markets.businessinsider.com/currencies/eth-usd?utm_source=markets&amp;utm_medium=ingestgest">Ether</a> spiked as much as 8% on Tuesday to a new record high ahead of Coinbase's direct listing and Berlin hard fork, the next upcoming upgrade to the ethereum network, both happening on April 14.Ether rose to a record high of $2,287, hitting a market capitalization of $250 billion for the first time. The world's second-largest cryptocurrency has surged 205% year-to-date amid a broader cryptocurrency rally led by <keyword id="6354947" type="UNKNOWN" weightage="60" keywordseo="bitcoin">bitcoin</keyword>. "Ether is surging because it is relatively undervalued compared to bitcoin," said Ian Balina, founder and CEO of Token Metrics, a data-driven investment research platform for cryptocurrencies. "Factoring in Coinbase's $100 billion [valuation] that will bring new users to the crypto space, and ethereum being the only other crypto asset with CME futures contracts for institutions, one can see why Ethereum is surging."Bitcoin on Tuesday jumped to an <a href="https://markets.businessinsider.com/currencies/news/bitcoin-price-all-time-high-btc-stimulus-institutional-coinbase-cryptocurrencies-2021-4-1030297319">all-time high above $63,000</a> on excitement ahead of Coinbase's Nasdaq listing. <a href="https://markets.businessinsider.com/currencies/news/coinbase-ipo-predictions-expert-analysis-direct-listing-bitcoin-crypto-2021-4-1030290743">Cryptocurrency bulls</a> view this as a milestone for the digital currency ecosystem. "Coinbase direct listing is good to bring mainstream attention to crypto companies," Kosala Hemachandra, founder and CEO of ethereum wallet MEW. "However, it'll be really interesting to see where they will be headed from now on. Can they pave the way so Coinbase stocks are actually tradable on Ethereum? I think that's the way to prove how powerful blockchain can be."The Berlin hard fork, meanwhile, is part of an update to the ethereum network, which includes four major changes, which are broken down in a <a href="https://blog.ethereum.org/2021/03/08/ethereum-berlin-upgrade-announcement/">statement released by the Ethereum Foundation</a>. Among others, the upgrades include introducing new transaction types and lowering gas costs. Balina did add that the while <keyword id="11095285" type="UNKNOWN" weightage="60" keywordseo="berlin-upgrade">Berlin upgrade</keyword> is "interesting," the London upgrade, expected in July, is what could make ether deflationary and more scarce than bitcoin, especially after introducing ether's ability to be burned after transactions.Ether's latest record comes less than two weeks after the coin hit a high of <a href="https://markets.businessinsider.com/currencies/news/ether-price-all-time-high-2000-bitcoin-rally-eth-btc-2021-4-1030272256">$2,000</a>.

Ether rallies to all-time high above $2,200 ahead of Coinbase listing, Berlin hard fork

<ul class="summary-list"><li>Tesla is at a fork in the road, and Elon Musk has to turn things around quickly, according to Dan Ives.</li><li>The Wedbush Securities analyst said we're seeing "a seminal moment in the Tesla story" right now.</li></ul><a target="_blank" href="https://www.businessinsider.com/elon-musk-having-terrible-year-tesla-lawsuits-compensation-2024-4">Tesla is facing a do-or-die moment</a> after the "unmitigated disaster" that was its first quarter, one analyst says.Elon Musk's electric carmaker delivered about 386,800 cars in Q1, the company reported Tuesday, <a target="_blank" href="https://www.businessinsider.com/tesla-ev-elon-musk-wall-street-worried-about-deliveries-2024-4">far fewer than Wall Street analysts expected</a>.That's a roughly 20% drop from the previous quarter and down more than 8% from the same time last year. It's the first time since 2020 that Tesla has seen a year-over-year drop in quarterly deliveries. Tesla shares were down more than 5% following the news and have plummeted nearly 30% over the past year."Let's call this as it is: While we were anticipating a bad 1Q, this was an unmitigated disaster 1Q that is hard to explain away," Wedbush Securities' analyst Dan Ives wrote. "We view this as a seminal moment in the Tesla story for Musk to either turn this around and reverse the black eye 1Q performance. Otherwise, some darker days could clearly be ahead that could disrupt the long-term Tesla narrative."In a press release, Tesla attributed the drop in deliveries to its production ramp for its <a target="_blank" rel="" href="https://www.businessinsider.com/tech-youtuber-tesla-refreshed-model-3-mini-model-s-2024-2">updated Model 3</a>, an <a target="_blank" rel="" href="https://www.businessinsider.com/teslas-gigafactory-back-business-after-arson-attack-2024-3">arson attack at its Gigafactory in Berlin</a>, and supply chain issues stemming from <a target="_blank" href="https://www.businessinsider.com/red-sea-conflict-largest-navy-battle-since-world-war-ii-2024-2">the Red Sea conflict</a>.Ives, however, remains bullish on Tesla in the long term and maintains an outperform rating. He <a target="_blank" href="https://www.cnbc.com/video/2024/04/02/tesla-heres-why-wedbush-analyst-dan-ives-has-an-outperform-rating-on-the-stock.html">joined</a> CNBC's "Squawk on the Street" on Tuesday to talk about what it would take for Tesla to turn things around."You have to weigh out the strategy," Ives said. "What are price cuts going to look like, when are the new models coming, what could software be as a percent of revenue, what's the AI roadmap? Right now, it's essentially playing darts blindfolded."Softening electric vehicle demand has contributed to lower EV sales for many automakers, including Tesla, which is also struggling to fend off <a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-regain-title-top-electric-car-maker-2024-4">competition in the Chinese market from BYD</a>.<a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-model-y-winter-discount-2024-2">Tesla has repeatedly cut prices</a> in an attempt to drive up sales, and Musk is now <a target="_blank" href="https://www.businessinsider.com/elon-musk-tells-staff-customers-give-fsd-demo-email-report-2024-3">mandating Tesla employees give new customers test drive demos</a> of its latest Full Self-Driving software, which car owners can buy as an add-on for $199 per month or $12,000.In the US, Tesla is also losing potential customers over <a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-reputation-turning-buyers-off-ev-caliber-2024-4">Musk's polarizing behavior</a>. In a recent report from market intelligence firm Caliber, the number of respondents who said they'd consider buying a Tesla fell to 31% in February, down from a high of 70% in November 2021.

Tesla faces a 'seminal moment' and darker days could be ahead, analyst says

<ul class="summary-list"><li>It was a banner year for digital assets in 2021, but 2022 may be even more exciting.</li><li>Arcane Research, a blockchain research firm, made dozens of <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> predictions for 2022. </li><li>Insider selected five of them, which include meme coins fading into obscurity.</li></ul>It was a banner year for digital assets in 2021, and the new year should see cryptocurrencies reach new milestones.Crypto investors went on yet another roller-coaster ride in 2021. Nearly every cryptocurrency from <a href="https://markets.businessinsider.com/currencies/btc-usd">bitcoin</a> to <a href="https://markets.businessinsider.com/currencies/doge-usd">dogecoin</a> hit record highs and delivered eye-popping gains. But in May, about 50% of the entire market's value was <a href="https://markets.businessinsider.com/news/currencies/crypto-market-value-47-percent-lost-7-days-2021-5">wiped out</a> in just seven days. And September saw China's <a href="https://markets.businessinsider.com/news/currencies/china-crypto-crackdown-timeline-regulatory-bitcoin-ether-solana-dogecoin-bans-2021-9">clampdown against crypto</a> escalate to a ban on all transactions.Other <a href="https://markets.businessinsider.com/news/currencies/top-5-wildest-crypto-moments-2021-nft-bitcoin-dogecoin-shiba-2021-12">wild crypto moments from 2021</a> came when El Salvador made <keyword id="11893902" type="UNKNOWN" weightage="60" keywordseo="bitcoin" source="Orion">bitcoin</keyword> legal tender, meme tokens exploded, and an NFT sold for $69 million.So what's in store for 2022? <a href="https://static1.squarespace.com/static/60377b34e7791c1277aaae97/t/61cb272480430d5cc3337156/1640703789129/Weekly+update+-+Arcane+Research+%28Week+51%29+2021+SUMMARY.pdf">Arcane Research</a>, a blockchain research firm, made dozens of crypto predictions for 2022. Here are five:<h2>Bitcoin will outperform or underperform the S&amp;P 500</h2>Despite the threat to the global economic recovery from rising coronavirus cases, both bitcoin and the benchmark index locked in impressive gains in 2021: Bitcoin jumped 66%, and the S&amp;P 500 rose around 27%. But given that bitcoin has behaved more and more like a risk-on asset, Arcane Research said it will further amplify significant movements of the stock market."Therefore, if the stock market continues to increase in 2022, bitcoin will likely outperform," the firm said. "But if we see a red year for the stock market, bitcoin will likely underperform."<h2><keyword id="11896271" type="UNKNOWN" weightage="60" keywordseo="ether" source="Orion">Ether</keyword> will outperform bitcoin again</h2>Long viewed as second fiddle, ether far outperformed bitcoin in 2021, gaining 418% compared to 66% for bitcoin."This performance gap is the widest seen since 2015 when ethereum was launched," Arcane said. Among the reasons ether will continue to outperform in 2022 is the surge in NFT sales volumes. Most of these tokens still run on the ethereum blockchain. And major upgrades this year from the <a href="https://markets.businessinsider.com/news/currencies/ether-price-all-time-high-coinbase-listing-berlin-hard-fork-2021-4" target="_blank" rel="noopener noreferrer">Berlin update</a> to the <a href="https://markets.businessinsider.com/news/currencies/ethereum-london-hard-fork-ether-burn-blockchain-demand-crypto-2021-8" target="_blank" rel="noopener noreferrer">London hard fork</a> helped improve the network's capacity to process more transactions.<div type="image" title="Ethereum performance in 2021" height="398" width="1162" msid="88650817" hostid="261"></div><h2>Most meme coins will fade into obscurity</h2>Investors saw meme coins pop left and right in 2021. For example, dogecoin spinoff shiba inu rocketed 44,540,000% last year. And squid, a crypto named after the popular Netflix series "Squid Game," jumped more than 75,000% in under a week only to vanish into oblivion soon after. "We cannot summarize the 2021 market without mentioning the absurd meme coin rally of 2021," Arcane Research said, adding the phenomena will be "a historical relic of the absurd times that was 2021."<h2>USD Coin will overtake Tether as biggest stablecoin</h2>Tether has reigned supreme for quite some time as the biggest stablecoin by market valuation. But it may want to watch out this year, especially with USD Coin's decision to join the lending wave."Innovative lending products paying out high yields for stablecoin deposits have primarily been the drivers for stablecoin growth," Arcane Research said.<h2>Bitcoin will remain closely linked to the <keyword id="11895855" type="UNKNOWN" weightage="60" keywordseo="vix" source="Orion">VIX</keyword></h2>The stock market had a stellar run last year, but one pattern crystallized, according to Arcane Research: "Fear in the broad financial <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword> directly affected bitcoin's performance."Spikes in the Cboe Volatility Index, or VIX, accompanied bitcoin sell-offs. Arcane Research warned that market headwinds in 2022 could have implications for bitcoin's short-term price trajectory.<h2><div type="image" title="Bitcoin vs VIX" height="367" width="1099" msid="88650819" hostid="261"></div> </h2>

The top 5 crypto predictions for 2022

<ul class="summary-list"><li><keyword id="6709758" type="UNKNOWN" weightage="60" keywordseo="Ether">Ether</keyword> spiked as much as 8.5% on Thursday to a new record high above $2,560.</li><li>The rally pushes the market capitalization of ether near $300 billion for the first time.</li><li>An expert said the latest rally is spurred by the rise of <keyword id="4164994" type="PERSON" weightage="60" keywordseo="defi">DeFi</keyword> apps as they build on top of <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">ethereum</keyword>.</li></ul><a href="https://markets.businessinsider.com/currencies/eth-usd?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingestm=ingest" target="_blank" rel="noopener">Ether</a> spiked as much as 8.5% on Thursday to a new record high above $2,560, pushing the market capitalization of the cryptocurrency near $300 billion for the first time.The second-largest cryptocurrency rose to a record high of $2,591 at around 8:30 a.m. ET Thursday. Ether thus far has surged 250% year-to-date amid a broader cryptocurrency rally led by bitcoin, whose market cap now stands at $1.1 trillion."We are witnessing a perfect storm for Ethereum's momentum," Sergey Nazarov, co-founder of Chainlink, an oracle network that secures over $15 billion worth of assets on the ethereum <keyword id="6355684" type="PERSON" weightage="60" keywordseo="Blockchain">blockchain</keyword>, told Insider. Nazarov said the recent rally is spurred by the rise of <a href="https://www.businessinsider.com/how-to-invest-defi-bitcoin-crypto-cio-launches-new-fund-2021-2?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingestm=ingest">decentralized finance</a> applications, which are now worth<a href="https://defipulse.com/" target="_blank" rel="noopener"> over $59 billion</a>. "The thousands of developers building what is now the fastest-growing ecosystem in the entire blockchain ecosystem seems to be building their applications on top of ethereum," Nazarov told Insider.He continued: "As more and more users pile into these DeFi applications on top of ethereum, some of which are now offering double-digital yield, there's likely increased demand for the asset, as ETH is required whenever a user wants to conduct a transaction."DeFi is an <a href="https://markets.businessinsider.com/currencies/news/crypto-market-cap-bitcoin-doubles-to-2-trillion-rally-surges-2021-4-1030274638">umbrella term</a> for various applications - lending, borrowing, trading, saving, derivatives, options, stocks - that use public blockchains and <keyword id="6368079" type="UNKNOWN" weightage="60" keywordseo="Crypto-assets">crypto assets</keyword> to disrupt traditional financial sectors.Simon Peters, a cryptoasset analyst at eToro, added that the recent momentum is ether's alone, as it slowly decouples from bitcoin."While the two have traded in tandem for much of the last three years, as the cryptoasset market starts to mature, investors will be looking across the broader spectrum of assets and assessing which has the best long-term potential," Peters told Insider.Peters added that ether is a good alternative to bitcoin, especially with it lower dollar valuation. Ether also appeals to investors who want to own whole coins, he said, something far more expensive to achieve with bitcoin, which now trades more than $60,000 per coin on average.The latest <a href="https://markets.businessinsider.com/currencies/news/ether-price-all-time-high-coinbase-listing-berlin-hard-fork-2021-4-1030300075">Berlin hard fork</a>, an update to the ethereum network, and the upcoming London upgrade this summer are also pushing the price of the asset higher as it continues to offer a lot of opportunities to developers and investors."<a href="https://markets.businessinsider.com/currencies/eth-usd?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingestm=ingest" target="_blank" rel="noopener">Ether</a> is trading 7.4% higher to 2,543 as of 10:02 a.m. ET.

Ether rallies to a new record above $2,500 as latest rally pushes the cryptocurrency to near a $300 billion market cap

<ul class="summary-list"><li><keyword id="6446042" type="UNKNOWN" weightage="60" keywordseo="sandwiches">Sandwiches</keyword> can be loosely defined as two pieces of bread with fillings in between, which can range from meats to vegetables and spreads.</li><li><keyword id="6181" type="COMPANY" weightage="60" keywordseo="Food">Food</keyword> historians attribute the creation of the sandwich to John Montagu, the fourth earl of Sandwich, when he asked a cook to create a non-messy meal</li><li>But variations of the concept had been around long before that.</li><li>The UK's chip butty is basically bread and chips, and Brazil's bauru is a roll with melted cheese and roast beef.</li></ul><ul class="summary-list"><li><a href="https://www.insider.com/?hprecirc-bullet">Visit Insider's homepage for more stories</a>.</li></ul>Following is a transcript of the <keyword id="21654" type="COMPANY" weightage="60" keywordseo="video">video</keyword>. Alana Yzola: Thanks. Sandwiches. Food historians believe this portable meal was popularized in England in 1762 by John Montagu, the fourth earl of Sandwich. Apparently, he ordered a cook to prepare an easy-to-eat meal so he could gamble freely. It's unlikely he or his cook were the first people to put food between bread. This concept existed way before that, and even today, variations can be seen across the globe. So, let's take a look at some of the sandwiches you should try when traveling <keyword id="46661" type="ENTERTAINMENT" weightage="60" keywordseo="Around-the-world">around the world</keyword>. The Vietnamese bánh mì is a French baguette filled with either roast chicken or pork and fused with savory ingredients, like slices of cucumber, chili pepper, cilantro, sour pickled daikon, and carrot, mayo, and Maggi sauce. For many years the bánh mì has been a staple street food in Vietnam. French culture, including the French baguette, has heavily influenced Vietnamese culture because of the French occupation and colonization of Vietnam between the 17th and 20th centuries. The Vietnamese version of the French baguette is slightly fluffier. Similar to Vietnam's bánh mì, this Laotian sandwich also uses the French baguette. Khao jee can be found on almost every street corner in Laos. It's filled with pork belly, ham, tomato, lettuce, carrots, cheese, and chili sauce. The dönor kebab is an essential sandwich in Turkey. Pieces of seasoned meat are skewered onto a rotating spit and grilled vertically. Traditionally, lamb is the meat of choice, but nowadays other meats such as beef are used. The meat is shaved from the spit and placed between bread, topped with grilled vegetables, sauces, cheese, and a dash of lemon juice. You can find many variations of the dönor kebab all throughout Europe, especially in Germany. Berlin is filled with food stalls that sell the Turkish sandwiches. In the 1960s, Turkish citizens migrated to Germany as laborers. Turkish immigrant Kadir Nurman has been credited with creating the sandwich during the 1970s in Berlin, though it's likely that there was a similar concept that existed in Turkey as well. While its origins are a bit unclear, it's safe to say our love for the dönor kebab is very clear, due to the fact they're available worldwide. And since we're talking about love, this next sandwich is a personal favorite of mine because I grew up eating it. If you enjoy roast pork, you have to try it in Cuban bread, which is like a crispy baguette. It's layered with ham, cheese, pickles, mustard, and a little bit of garlic if you're up for it. The Cuban sandwich, or Cubano, is not actually even from Cuba. Yep, it was created in Tampa, Florida, by Cuban immigrants. But the influence of Cuba's love for roast pork shines through in this creation. However, if you're looking for a sandwich that actually originated in Cuba, try a medianoche. It's almost identical to a Cubano, except the bread is a sweet egg-based bread. Japan's popular katsu sando is a must-try. This sandwich is typically made with fried, breaded pork cutlets, a few shreds of cabbage, and tonkatsu sauce tucked between two slices of Japanese milk bread. Nowadays, any type of protein can be used, such as Wagyu beef, egg salad, or fish. Mr. Katsu in Southern California serves a 17-layer version of the pork katsu sando. This popular omelet sandwich has made its mark in Malaysia, Singapore, and Indonesia. You can find roti johns sold at street stalls throughout these three countries. A mixture of eggs, minced meat, onions, and cheese is spread onto a griddle. An open-faced baguette is placed on top and toasted over the omelet until the outside of the sandwich becomes crispy. Garnishes like sambal sauce, tomato sauce, and mayo can be added on top for extra flavor. 300 million sandwiches are eaten by Americans each day. And according to a YouGov survey, America's favorite sandwich? The grilled cheese. Now, I can honestly say I've traveled around the world in search of great cheese, so I can appreciate a solid grilled cheese sandwich. We're here at Murray's Cheese, which was voted the best place to get a grilled cheese sandwich in New York City by my friend and coproducer Herrine Ro. Grilled cheese became an American classic after the 1920s. Presliced white bread and processed cheese became available, and soon American families were cooking it up in their homes. But this comfort food went beyond the household. It was found in government-issued cookbooks during World War II, and diners also began advertising it on menus. So, Murray's Cheese has basically perfected the grilled cheese sandwich by taking a special blend of cheese and butter and then sandwiching it between crispy bread. Oh, my gosh. Calling all cheese lovers! This Brazilian sandwich is called bauru. Slices of roast beef and melted cheese are tucked between a French roll along with tomatoes and pickles. China's steamed gua bao is a traditional favorite. It originated in Fuzhou and became popular in Taiwan when Fuzhounese immigrants brought it over. A flat steamed bao is folded over braised pork with sweet peanuts and coriander leaves. As you can see, this is much more than a sandwich. Portugal's Francesinha is typically eaten with a knife and fork. In the late 1950s, a French resident in Portugal named Daniel Silva created the sandwich. Francisinha translates to "little French lady." It's usually made with a stack of ham, steak, sausage, egg, and cheese and topped with a tangy sauce. In Guyana, this sandwich is a party and road-trip favorite. The quick recipe is ideal for any occasion, really. Cheese paste is more than just cheese between bread. Instead, sharp cheddar cheese is grated and mixed with butter, mayo, pepper, mustard, garlic, and pepper sauce. The creamy finish is spread between two slices of white bread. And since we're talking about spreads, India has a similar take. The chutney sandwich is a striking green or red spread laid between two slices of bread. For green chutney mix, use fresh cilantro and green chilies. Red chilies are used for the red spread. Uruguay is said to have some of the world's best beef. Chivito is a steak sandwich enjoyed all throughout the South American country. It's also Uruguay's national dish. According to legend, an Argentine tourist walked into a restaurant asking for a sandwich to be made with chivo, or baby goat. The chef didn't have any goat meat and instead grilled a thin piece of steak. Variations today include toppings like cheese, eggs, bacon, pepper, mayo, lettuce, and tomatoes. It's also popular in Argentina, where it's known as lomito. Uruguay enjoys steak sandwiches, and so does Chile. This sandwich is called the chacarero. A roll holds thin churrasco steak with tomatoes, green beans, peppers, and mayo. Senegal's ndambe is a spicy bean sandwich. Black-eyed peas, which are really beans, are seasoned along with beef and spread between a baguette. Lentils are sometimes used instead. This type of sandwich is typically eaten for breakfast and is sold by street vendors all throughout Senegal. Sabich, from Israel, is a pita bread stuffed with fried eggplant, boiled eggs, salad, amba, and many other sauces. The sabich is actually an Iraqi-Israeli hybrid. When Iraqi Jewish refugees settled in Israel in the 1940s and '50s, they brought traditions like eating hard-boiled eggs, potatoes, and eggplant on Sabbath. Today, the sabich is a popular street food sold by vendors in Israel and is still eaten on the Sabbath. So, the UK is known for their love of chips, so why not make it a sandwich? A chip butty is simply thick-cut, deep-fried chips sandwiched between two buttered slices of white bread. Sauces like mayo and ketchup are added for flavor. You can find the chip butty in English fish-and-chip shops. South Africans enjoy hot chips stuffed in foot-longs. But this foot-long is for sharing. The Gatsby sandwich is typically sliced into four portions and served as a long loaf stuffed with slap chips, polony, and achar. Today, many variations of the Gatsby sandwich are available throughout Cape Town. This Finnish sandwich is called porilainen. A thick slice of pork sausage is placed between two slices of white bread. The hamburger-like sandwich includes onions, pickles, garlic, and your choice of condiment. Eaten in both Venezuela and Colombia, the arepa is a cornmeal pocket that is grilled, fried, or baked and filled with endless ingredients. Traditionally, arepas are cooked on flat griddles. They can be served with shredded meat, like chicken or beef, or with soft white cheese. It's a popular street food in both countries and can be eaten during any time of day. This Danish sandwich comes in many, many combinations. Smorrebrod is basically an open-faced sandwich. Its main ingredients include spreads like butter, cold meats, seafood, and scallions. It's typically garnished with lemon and herbs. It can probably get messy, so feel free to eat it with a knife and fork. Trinidad and Tobago's bake and shark is pretty iconic to the sister islands. Bake, or fried flatbread, is filled with a fusion of fried shark, lettuce, tomatoes, cucumber, and coleslaw. Sauces like garlic sauce, mustard, pepper sauce, and mango chutney add flavor. This spicy snack is sold at stalls in Pakistan, night and day. The bun kebab resembles a burger, with the patty typically being chicken, beef, or egg omelets. The patty is fried and served with onions and chutney. OK, those were a lot of sandwiches, but that just goes to show how important this portable meal is to so many cultures around the world. So, which one was your favorite, and which other global foods would you like to see? Let us know in the comments below. Read the original article on <a href="https://www.insider.com/what-sandwiches-look-like-around-the-world-2020-3">Insider</a>

What signature sandwiches look like in 23 countries around the world

<div class="KonaFilter image-container display-table"><div><div class="image on-image">NorthzonePaul Murphy, a VC at Northzone</div></div></div><ul class="summary-list"><li>Paul Murphy is a partner at VC fund Northzone in London. He worked at Microsoft during its $8.5 billion acquisition of Skype.</li><li>That experience, alongside helping to realize the fund's exit from Spotify during its IPO last year, helped shape his vision for what makes the best companies.</li><li>Murphy helped Giphy make a set of tough choices that paid off in a startling growth strategy and says he applies the same methods to other investments.</li><li><a href="https://www.businessinsider.com/prime?module=article&amp;area=summary">Click here for more BI Prime stories</a>.</li></ul>Taking risks is an inherent part of the world of investing and founding a company. The role of an investor is to help guide a company through the riskier moves. Paul Murphy, a partner at VC fund Northzone, has learned that risky tactics are often the best way to get a startup out of first gear. He worked on Microsoft's acquisition of Skype.For example, one of Murphy's investments, Giphy, had a forked path in terms of strategy. It could opt to develop its own GIF content or it could take on the much harder task of indexing the world's best GIFs. The latter was certainly the riskier approach as the GIF file format has virtually no meta-data attached to it, making it so hard to categorize that even Microsoft's Bing and Google's image search engines had, at that time, failed to do it well."Giphy was founded as a company after its founders made a product in three weeks and said to people, 'Do you want this?' It turned out they did," Murphy told Business Insider in an interview. "Their site crashed from all the traffic almost immediately, but they had spades of ambition, so we encouraged them and said, 'We will back you.'"So, at a bar in New York on a Friday night in 2013, Murphy, then at Betaworks, alongside Giphy's founders made a handshake agreement to fund the business based on a mutual belief and confidence in the company's plans. By Monday morning they had a team of five and the paperwork was signed in the following days. Murphy was an investor at Betaworks who led Giphy's Series A funding round and participated in the company's B and C rounds taking its total funding to $150 million. He says the decision to take the less conservative growth option paid off and has emboldened him to continue down this path.Giphy <a href="https://expandedramblings.com/index.php/giphy-facts-statistics/">now has around 300 million people using its services daily</a> and has raised $151 million to date.Read more: <a href="https://www.businessinsider.com/northzone-vc-paul-murphy-best-startups-are-bought-not-sold-2019-8?r=US&amp;IR=T">A VC who worked on Microsoft's $8.5 billion acquisition of Skype says it provided a valuable lesson about why the best startups are 'bought not sold'</a>"You're always taking a leap of faith with an investment and most investors are more wrong than right," Murphy told Business Insider in an interview. "The important thing is to be able to articulate that leap of faith in a company as an investor, it can't be blind faith."He joined Northzone in 2018, a few months before the fund took Swedish music giant Spotify public. The company's bold streaming model has completely changed the industry and has taken massive risks to push for growth.One of Murphy's investments at Northzone has proven to one such company that's benefitted from massive growth. Berlin-based electric scooter firm Tier is a good example of a business which takes the right kind of risk, according to Murphy."They have everything they need to succeed," Murphy said. "Instead of trying to make just a few cities profitable, they are taking the riskier approach, competing with incumbents and beating them by focussing on unit economics and execution, aiming for a global leadership position."Get the latest Microsoft stock price<a href="http://markets.businessinsider.com/stock/MSFT-Quote"> here.</a> <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/taylor-swift-net-worth-singer-millionaire-makes-spends-money-wealth-2019-4">Taylor Swift is dropping a new album. Here's how the world's highest-paid celebrity makes and spends her $360 million.</a></h3> <div> </div> </div>

This VC helped Giphy grow to a website with 300 million users a day. Here's how he applies a 'leap of faith' approach to investing.

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div><ul><li>Bitcoin cash come onto the scene on Tuesday following a much-anticipated fork in the bitcoin blockchain, and is the third&#xa0;largest cryptocurrency by market cap.</li><li>But its price and high market cap might be the result of some technical issues underpinning the coin's infrastructure.&#xa0;</li></ul>Bitcoin cash has the third largest market cap of any alternative cryptocurrency just three days after coming onto the scene. But it's price may be inflated because of some technical issues underpinning the new coin.&#xa0;To recap, on Tuesday, bitcoin&#xa0;split in two following a years-long battle in the community over the rules that should guide the cryptocurrency's network.&#xa0;That split resulted in the creation of a new cryptocurrency, <a href="http://www.businessinsider.com/bitcoin-and-bitcoin-cash-2017-7">bitcoin cash</a>, which has the same basic underpinnings, but plays by different rules. In essence, it's almost like bitcoin cash is a copy of bitcoin, but it's built to process more transactions and faster.&#xa0;Following&#xa0;the fork, bitcoin investors who had their holdings in certain wallets and on certain exchanges now have just as much bitcoin cash as they do bitcoin. but only folks on exchanges are able to actively trade it.&#xa0;The 95% of bitcoin cash holders who have their&#xa0;bitcoin cash in a private wallet, according to Aaron Lasher, the CEO of Breadwallet, can't do anything with it.&#xa0;Basically, it's stuck. Kind of like when you have a pending deposit on your checking account.&#xa0;Lasher told Business Insider that wallets are playing catch-up, and working on updating their infrastructure so bitcoin cash investors can move their coins over to exchanges where they can be actively traded.&#xa0;Some bitcoin cash investors&#xa0;have taken to Twitter since the split to complain that they can't trade their bitcoin cash.&#xa0;Here are one bitcoin cash investor's Lamentations:"Our clients have just as many bitcoin cash coins as they do bitcoins, but they're invisible for now," Lasher said."We are being flooded with request to put them on an exchange."Breadwallet isn't alone. <a href="https://blog.trezor.io/claim-bcash-bitcoin-cash-bch-bcc-trezor-wallet-f0a810d5864a">Trezor</a>, another wallet, is also having some problems making bitcoin cash available for its users. Here's the company's statement on the matter (emphasis ours):Samson Mow, a video game developer and CEO of Pixelmatic, said the market, as a result, is completely illiquid. In other words, sellers in the market can't find buyers.&#xa0;"The market for BCH is so illiquid and fragmented that the price, and by extension the market cap, mean almost nothing," Mow told Business InsiderIn other words, the only reason why bitcoin cash is trading at $400 and has the <a href="https://coinmarketcap.com/currencies/bitcoin-cash/">fourth highest cryptocurrency market cap</a>&#xa0;is because a large swath of the marketplace can't move their coins.&#xa0;So what happens when folks are able to unleash those coins onto exchanges?According to Lasher, it will likely increase the number of folks in the market who want to sell their coins. When more people look to sell a good than buy it,&#xa0;the price falls.&#xa0;&#xa0;Mow told Business Insider the bitcoin cash house of cards will completely fall apart.&#xa0;"It's unlikely that BCH will survive at prices above $100 in the long term," he said."We have some of our key traders telling us that they will be getting out of their BCC positions by 8 August," Sebastian Quinn-Watson, a venture partner for a bitcoin exchange operator based in Australia,&#xa0;Blockchain Global.August 8 is the day on which SegWit, a software update for the original bitcoin blockchain, will go into effect.&#xa0;"We see 8 August as the day the bell tolls for BCC," Quinn-Watson said. "If the prices of BCC remain strong post the 8th then it is likely to be a currency for a long period.""Alternatively, we could see a consolidation in bitcoin and see it run well past its peak," he concluded. Bitcoin cash bulls, you've been warned. &#xa0;&#xa0;Get the latest Bitcoin price<a href="http://markets.businessinsider.com/currencies/BTC-USD"> here.</a><div></div><div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/stock-market-new-record-highs-2017-7">Stocks have shrugged off Trump headlines to hit new highs this week</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="IwamkwYzE6NQS76DKxkDlDYPBj612Bff" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

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