Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
05/23/2025
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The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
May 21, 2021: -Bitcoin rose on Thursday as cryptocurrencies attempted recovery from a significant sell-off during the previous session.
According to Coin Metrics, the world’s largest digital currency bounced back above $40,000, climbing 7% to a price of $42,082. Bitcoin had earlier fluctuated around the $40,000 level.
Some of bitcoin’s newer alternatives also attempted a comeback Thursday, with ether up 8% at $2,820 and litecoin rising 7% to $218. Dogecoin, meme-inspired crypto that Elon Musk has talked up, surged 14% following a tweet from the Tesla CEO.
On Wednesday, bitcoin dived 30% to nearly $30,000 at one point before paring some of those losses. The entire crypto market lost hundreds of billions of dollars of value in a single day.
The move lower was driven by mixed signals from Musk, who came out as a believer in bitcoin earlier this year, and a regulatory clampdown on the market in China.
On May 12, Musk said his electric car company had suspended vehicle purchases with bitcoin due to environmental concerns. Mining cryptocurrency uses more energy than entire countries like Argentina and Ukraine, according to Cambridge University researchers.
Earlier this week, Musk suggested Tesla may have sold its bitcoin holdings, only to clarify later that it had “not sold any bitcoin.” On Wednesday, he tweeted the “diamond hands” emoji, implying that the electric vehicle maker would not shed any of its bitcoin.
Also weighing on bitcoin’s price, Wednesday was the news that China had banned financial institutions and payment firms from providing cryptocurrency-related services, reiterating its tough stance on digital currencies.
“If you look at the history of bull markets, a correction of this size, between 30-40% of bitcoin price, tends to be part of the bull market,” Alyse Killeen, founder and managing partner of bitcoin-focused venture capital firm Stillmark Capital, told CNBC Wednesday.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
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The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.
Maushum Basu is a visionary leader who inspires his team with a clear, compelling purpose. Unafraid to take calculated risks, he understands that growth often stems from change and innovation. His deep commitment to both Airia Brands, Inc.
When speaking with Martin Paquette, one thing is immediately apparent: he’s honest. His transparency is refreshing. While many shy away from such vulnerability, Paquette sees it as a force to reckon with. The incredible emotional intelligence speaks to years of looking within—it’s also what allows him to acknowledge his mistakes gracefully and use them as opportunities to innovate.
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