{"id":544284,"date":"2022-02-23T13:47:16","date_gmt":"2022-02-23T13:47:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/"},"modified":"2022-02-23T13:47:16","modified_gmt":"2022-02-23T13:47:16","slug":"space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/","title":{"rendered":"Space tourism is here, but the price tag is hefty + Crypto is slowly integrating itself into the regulated derivatives market"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Space tourism is here for the general (but rich) public:<\/strong> Virgin Galactic has reopened <a href=\"https:\/\/www.virgingalactic.com\/\">online registration<\/a> for its first commercial flights to space that will start in late 2022, reports <a href=\"https:\/\/www.afar.com\/magazine\/how-to-book-a-virgin-galactic-space-flight\">AFAR<\/a>. Following <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b767d09-dde7-4382-944a-918719a4fe00\">successful test flights<\/a> last year, these 90-minute, four-passenger journeys mark the beginning of citizen space tourism. Bookings for these flights began back in 2014, when the rich and famous reserved seats, the magazine writes. Passengers will get to experience weightlessness in space all with the view of planet Earth to gaze at.<\/p>\n<p><strong>The price tag is hefty:<\/strong> The starting price for a seat on one of these trips is set at a cool USD 450k.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Crypto is slowly integrating itself into regulated markets: <\/strong>In efforts to increase its user base, the crypto industry is forging paths into the highly regulated US derivatives market, the <a href=\"https:\/\/www.ft.com\/content\/364dee59-fb51-400b-acd2-808d4ec41ab3\">Financial Times writes<\/a>. Trading volumes of crypto-backed derivatives reached almost USD 3 tn in January, accounting for over 60% of total crypto trades \u2014 but most crypto trading is done via offshore, unregulated exchanges, putting the asset class <a href=\"https:\/\/www.reuters.com\/legal\/transactional\/cryptocurrency-finds-itself-sights-robust-regulation-2022-01-24\/\">in the crosshairs of US regulators<\/a>. Now, crypto platforms are acquiring small companies with licenses to operate in the US in a bid to go mainstream and gain a bigger foothold in the market.<\/p>\n<p><strong>But there\u2019s a problem brewing in BTC mining: <\/strong>BTC has lost nearly 45% of its value since a November peak of nearly USD 69k \u2014 and spiraling mining costs are partly to blame, <a href=\"https:\/\/www.reuters.com\/markets\/europe\/cryptoverse-bitcoin-could-be-laid-low-by-miners-malady-2022-02-22\/\">Reuters<\/a> reports. The total computational power (or hashrate) used by BTC miners globally has more than quadrupled as new miners rush to enter the market following last year\u2019s rally. But all that power means miners are struggling to pay their costs, including electricity bills, prompting them to sell their coins and adding to the downward pressure on prices.<\/p>\n<p><strong>Want to know more about why crypto mining is becoming more energy intensive?<\/strong> We dove into the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8b4efeab-ca1a-486c-8524-aa9bc84448dc\">issue of crypto sustainability last week<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>The iron dagger found in King Tut\u2019s tomb gives us insight into how iron<\/strong><strong> manufacturing technology first began<\/strong>, <a href=\"https:\/\/www.asahi.com\/ajw\/articles\/14550285\">Japanese researchers say<\/a>. The team of researchers from the Chiba Institute of Technology used chemical analysis to determine that the dagger could not have been forged in Egypt as at the time, Egyptians had no way of producing the iron, which required ultra-high temperatures. This suggests the iron dagger was a gift to Amenhotep III, the grandfather of Tutankhamun, from Mitanni, a kingdom in northern Mesopotamia. The metal was 80 times more valuable than gold during Ancient Egyptian times due to its rarity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Space tourism is here for the general (but rich) public: Virgin Galactic has reopened online registration for its first commercial flights to space that will start in late 2022, reports AFAR. Following successful test flights last year, these 90-minute, four-passenger journeys mark the beginning of citizen space tourism. Bookings for these flights began back in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":544285,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[344,1192,633,638,648,671,1191,1193,650,1194],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-cryptocurrency","tag-digital-fashion","tag-enterprisepm","tag-for-your-commute","tag-metaverse","tag-space","tag-virgin-galactic","tag-virtual-fashion","tag-virtual-reality","tag-virtual-retail","wpautop","entry"],"acf":{"mongo_id":"9fba6a8a-64bd-452c-a13d-51fb3e0eb491","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/540.jpg","photo_position":"above","related_issue":[544280],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Space tourism is here, but the price tag is hefty + Crypto is slowly integrating itself into the regulated derivatives market - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Space tourism is here, but the price tag is hefty + Crypto is slowly integrating itself into the regulated derivatives market\" \/>\n<meta property=\"og:description\" content=\"Space tourism is here for the general (but rich) public: Virgin Galactic has reopened online registration for its first commercial flights to space that will start in late 2022, reports AFAR. 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Bookings for these flights began back in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-23T13:47:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/540.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Space tourism is here, but the price tag is hefty + Crypto is slowly integrating itself into the regulated derivatives market\",\"datePublished\":\"2022-02-23T13:47:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/\"},\"wordCount\":438,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/540.jpg?fit=%2C&ssl=1\",\"keywords\":[\"cryptocurrency\",\"Digital fashion\",\"EnterprisePM\",\"FOR YOUR COMMUTE\",\"metaverse\",\"space\",\"Virgin Galactic\",\"virtual fashion\",\"virtual reality\",\"virtual retail\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/space-tourism-is-here-but-the-price-tag-is-hefty-crypto-is-slowly-integrating-itself-into-the-regulated-derivatives-market\/\",\"name\":\"Space tourism is here, but the price tag is hefty + Crypto is slowly integrating itself into the regulated derivatives market - 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Virgin Galactic could begin flying tourists into space as early as this year, following major engineering redesigns after the death of a test pilot in 2014, Bloomberg reports. Some 700 customers have already signed up for the ride, each paying USD 250k for\u2026","rel":"","context":"In &quot;Image of the Day&quot;","block_context":{"text":"Image of the Day","link":"https:\/\/enterpriseam.com\/egypt\/category\/image-of-the-day\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2490.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552588,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/how-new-space-is-paving-the-way-for-space-tourism-and-the-space-economy\/","url_meta":{"origin":544284,"position":1},"title":"How New Space is paving the way for space tourism and the space economy","author":"enterpriseam admin","date":"14 September 2022","format":false,"excerpt":"Fancy a trip to outer space? Soon, you might not have to be an astronaut (or Richard Branson) to journey to the cosmos. As the private sector increasingly looks to capitalize on the burgeoning New Space industry, a casual voyage to the moon might become within the reach of the\u2026","rel":"","context":"In &quot;OUTER SPACE&quot;","block_context":{"text":"OUTER SPACE","link":"https:\/\/enterpriseam.com\/egypt\/category\/outer-space\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/508.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563647,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/this-morning-subsidized-mortgage-program-goes-live-next-month-us-earnings-season-starts-this-week-branson-goes-to-space\/","url_meta":{"origin":544284,"position":2},"title":"THIS MORNING: Subsidized mortgage program goes live next month; US earnings season starts this week; Branson goes to space.","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"Good morning ladies and gents \u2014 we have quite a packed issue for you this morning so let\u2019s get to it.THE BIG STORY INTERNATIONALLY- The global press is proclaiming a new era of space travel this morning after bn\u2019aire entrepreneur Richard Branson finally boarded a Virgin Galactic flight and flew\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554843,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/16\/private-jet-flights-are-way-expensive-these-days\/","url_meta":{"origin":544284,"position":3},"title":"Private jet flights are way expensive these days +","author":"enterpriseam admin","date":"16 November 2021","format":false,"excerpt":"Bn\u2019aires may have to (gasp) fly commercial, with \u201cdistressed buyers\u201d reportedly paying above the asking price for private jets as inventories hit an all-time low, one industry analyst told the Financial Times. The partial resumption of scheduled flights has propelled an increased turn by the super rich to private jets,with\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/149.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566729,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/11\/tonight-cement-producers-say-hoorah-spacs-craze-coming-to-mena-also-head-to-sando-haus-in-diplo\/","url_meta":{"origin":544284,"position":4},"title":"TONIGHT: Cement producers say hoorah. + Spacs craze coming to MENA? ALSO: Head to Sando Haus in Diplo.","author":"enterpriseam admin","date":"11 July 2021","format":false,"excerpt":"Hello, wonderful people, and welcome to a busy news day. Our Speed Round section features plenty of bold-faced names making news in everything from M&A (Elsewedy, Raya) and investment (SFE) to consumer finance (GB Auto).MEANWHILE- We\u2019ve completely cancelled covid in Sahel, and Cairo isn\u2019t far behind. But that doesn\u2019t mean\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":552507,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/08\/theres-a-new-age-space-race\/","url_meta":{"origin":544284,"position":5},"title":"There\u2019s a new-age space race","author":"enterpriseam admin","date":"8 September 2022","format":false,"excerpt":"NASA\u2019s latest moon missions mark our first return to our lunar neighbor in 50 years. NASA has been back in the global headlines in recent days albeit not for the reasons it was hoping. Two attempts to launch Artemis 1 both ended in failure last week as technical issues scuppered\u2026","rel":"","context":"In &quot;OUTER SPACE&quot;","block_context":{"text":"OUTER SPACE","link":"https:\/\/enterpriseam.com\/egypt\/category\/outer-space\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/478.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544284"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544284\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/544280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544285"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544284"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544284"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}