Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 22 October 12:38 (GMT -05:00)



Foreign exchange market

Only 4 Of All Existing Billionaires Made Their Fortunes With Cryptocurrencies


Forbes has recently published the list of 2095 billionaires from different parts of the world. It turns out that 4 of them owe it to cryptocurrencies. Who they are, the cryptocurrency billionaires?
 
As for the overall Forbes rating, the first places have been occupied by the same people. Sometimes, they change places for a while. Jeff Bezos, the king of e-commerce and the owner of Amazon, has been leading the rating for years, with 113 billion dollars in assets. Bill Gates comes next with 98 billion dollars. Bernard Arnault is number 3 with 76 billion dollars. By the way, he owns such brands as Louis Vuitton and Hennessy. 
 
The next richest people of the world are Warren Buffett (Berkshire Hathaway), Larry Ellison (Oracle), Amancio Ortega (Zara), Mark Zuckerberg (Facebook), and the Walton family (Walmart).
 
Cryptocurrency Billionaires
 
It turns out that the world's richest cryptocurrency billionaires actually made their fortunes because they happened to be among the first investors when cryptocurrencies like Bitcoin used to be cheap as dirt. They believed in this technology and reaped the benefits later on when Bitcoin grew from a couple of cents per coin all the way up to thousands of dollars per coin. Their collective fortune is currently estimated at around 8,6 billion dollars (1,17 million BTC).
 
Jihan Wu and Micree Zhan founded Bitmain Technologies i 2013 and later monopolized the "mining industry". They made the entire crypto-mining industry dependent on their products, the so called ASIC miner chips. This is an Apple from the world of crypto-mining. The two billionaires own 1,8 billion dollars and 3,2 billion dollars respectively.
 
Chris Larsen, founder of Ripple, is the second richest crypto-billionaire with 2,6 billion dollars. He is number 804 in the Forbes rankings.
 
Brayan Armstrong, he is the 4th richest crypto-billionaire with 1 billion dollars in assets. He is the founder of the Coinbase exchange, which is the biggest cryptocurrency exchange in the United States.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Tape Patterns Indicator

Traders often use various kinds of technical indicators these days. The list can be rather long, from popular ones like RIS, MACD etc. to less popular ones like Tape Patterns.
Publication date: 30 September 08:52 AM

Bitcoin's Getting Ready For a Strong Rally

While Bitcoin could have been more volatile over the recent weeks, the king of cryptocurrencies stoped in the range between 10K and 11K dollars per coin. Do BTC miners know in which way the coin is going in the near future?

Publication date: 30 September 04:07 AM

Bloomberg: Crypto Is Better Than Gold In 2020

According to the recent Bloomberg report, cryptocurrencies are way better than gold in terms of investments in 2020. Which is interesting, most cryptocurrencies have been growing much faster than gold this year. It's not a secret that gold is considered a safe-haven asset amid crises. Bloomberg Galaxy Crypto Index (BGCI) has gained 66% this year,while gold has gained only 20% over the same period.
Publication date: 29 September 01:07 PM

Gold Prices Drop Below $1860/oz, Seeing A Major Downtrend

On Thursday morning, the spot price of gold dropped roughly down to $1850/oz withing the scope of a strong downtrend started earlier this week, with a strong gap from the consolidation level. The key factors contributing to the price drop was the sudden strengthening of the U.S. Dollar.

Publication date: 25 September 07:39 AM

Texas Authorities Spot New Crypto Scams

The TSSB, which is the financial regulator of Texas, is reported to have revealed a couple of potential scams in the international market of cryptocurrencies. These are named Forex Birds and PEK Universe. From now on, both of these projects cannot work in Texas anymore. These projects were banned on September, 3rd.

Publication date: 18 September 01:07 PM

Cryptocurrencies On Sale: ChainLink and TRON Go Down, Bitcoin Is Stable

Wednesday's session is bringing a retracement in the market of digital assets, which is affecting the entire crypto market cap. Chainlink (LINK), TRON (TRX), and Tezos (XTZ) have been the biggest losers over the last 24 hours. They lost 9,7%, 8,7%, and 5,5% respectively. Bitcoins remains stable and one of the very few tokens among the top 20 that are still showing some gains, though modest ones.

Publication date: 16 September 12:04 PM

What's Next For Bitcoin?

Some analysts argue the future of Bitcoin, also known as the digital gold. Last week, the Winkelvoss brothers stated that the BTC price may skyrocket all the way up to 500.000 dollars per coin in the near future. This opinion is shared by Bloomberg analysts. But on the other hand, Bitcoin may see the opposite scenario, which is a major crash to make it as cheap as dirt.

Publication date: 10 September 03:00 AM

How To Get Ready For Bitcoin Boom 2020?

Cryptocurrencies keep on growing in value. If you are going to buy your first coins, this is what you should do first.
Publication date: 30 August 11:27 AM

U.S. Tech Companies Increase Stock Buyback

Publication date: 20 August 06:10 AM

Altcoin Mining Account For Over 30% Of Overall Crypto Mining Consumption

Scientists for the University of Munich urge the regulators to go beyond the BTC scope when it comes to crypto mining affecting the environment. They say that Bitcoin accounts for over 66% of the entire energy consumed by crypto mining, based on the basic algorithms, the current hashing speed, and the mining equipment used, while altcoins account for the rest of it. Consequently, altcoins add almost 50% on top of Bitcoin's energy demand, which in itself may result in considerable damage to the environment.

Publication date: 09 August 11:06 AM