Due to a surging digital currency, Chris Larsen the co-founder and executive chairman of Ripple is now one of the five richest people in America Forbes, citing sources at Ripple, claims Larsen enjoys 5.19 billion of Ripple’s digital coin, XRP and a 17% share in the company. XRP…
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Investment
Are the Winklevoss twins the first bitcoin billionaires? Debate ensues.
With the ups and downs of Bitcoin - and debate about its true value at even its highest highs, establishing the Winklevoss twins' net worth is a complex conundrum. From one second to the next, valuations of their digital assets can swing their combined overall net worth by millions of…
Bitcoin Looks Like It's Shaking Off Its Holiday Hangover
Bitcoin rallied past $15,000 on Tuesday as traders of the world’s biggest digital currency sought to draw a line under its roller coaster five-day slump. The tokens rose 10% to $15,116.50 as of 11:26 a.m. in London, the biggest gain on a closing basis…
Same Analyst Who Predicted Bitcoin's 2017 Growth Now Says It Will Hit $400,000
Ronnie Moas, a prominent analyst who prdicted the price spike for Bitcoin in June, now claims that signals suggest the end price of the world's largest cryptocurrency could land between $300,000 and $400,000. During the summer months, when Bitcoin was only trading around $2,500, Moas suggested that…
SEC's New Cyber Unit Seeks Out ICO Scams
Initial coin offerings are the current way to make money and get rich. A new part of the Securities and Exchange Commission (Cyber Unit) has been developed to investigate and prosecute ICOs. The first charges from the SEC targeted a scam that raised $15 million from thousands of investors with…
Bitcoin futures will be open for trade on traditional markets tomorrow
In what could be a landmark date for cryptocurrency, December 11, 2017 is the day that Bitcoin futures will soon go live via Cboe Global Markets. This creates a new financial vehicle for traditional market traders to invest in Bitcoin like any other commodity, based on futures contracts. What this…