Why billionaires are suddenly accumulating Bitcoin after 113% YTD gain
Billionaires have been increasingly accumulating Bitcoin in recent months as four main factors are making BTC increasingly attractive to money managers. Billionaires have been increasingly accumulating Bitcoin (BTC) in recent months. Following Paul Tudor Jones’ lead, hedge fund manager Stanley Druckenmiller became the latest billionaire to publicly disclose his Bitcoin investment.The performance of Bitcoin since 2015. Source: TradingView.comThere are four main reasons Bitcoin is becoming more compelling to high-net-worth investors. The reasons are Bitcoin’s effectiveness as a portfolio....
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The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list of crypto billionaires is 3x larger than last year. Today’s Crypto Billionaires List Since March 1987, Forbes has been publishing a list of the world’s wealthiest billionaires compiled in a list for the public to view. Back then the Japanese businessman and real-estate mogul Yoshiaki....
Forbes 400 rich list for 2021 welcomes six new cryptocurrency billionaires. These names are all prominent in the crypto industry. These six people have joined a Ripple co-founder who appeared on the list last year. In total, there are now seven names on the list who are crypto billionaires. This is the first time seven […]
Bitcoin is still seen by some as a scam or something with little intrinsic value. But this is changing, with prominent institutional investors and billionaires backing Bitcoin. Here’s a brief recap of some of the many billionaires that are big on Bitcoin. Bitcoin Has a List of Billionaire Backers Bitcoin is still seen by some as a scam or something with little intrinsic value. But this is changing, with both retail investors and prominent institutional […]
XRP could create enormous wealth for long-term holders if institutional adoption and global liquidity demand expand the way some market analysts expect. That was the message pushed by crypto commentator Remi Relief, who argued that future XRP valuations could become large enough to turn regular investors into millionaires and, in some cases, even billionaires. The […]
US President Donald Trump’s name is back in the headlines this week as a Trump-branded mobile game tied to the TRUMP memecoin prepares to go live at the end of the month. Related Reading: Canadian Crypto Traders In Trouble? Regulator Flags 40% For Possible Tax Fraud The title, called Trump Billionaires Club, is being marketed […]