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Bitcoin & Crypto Bull-Run Sees Surge in Millionaires & Billionaires.

Ripple’s co-founders Chris Larsen and Jed McCaleb had total assets worth $3.4 billion and $2 billion, respectively. While McCaleb is a new crypto billionaire, Larsen’s net worth last year stood at $2.6 billion. Will we see more billionaires during this bull cryptocurrency bull-run? For sure, many millionaires will be minted. But how many will join the exclusive B-club? Follow Hegion for alternate blockchain and crypto news. This article about Crypto millionaires and billionaires was first published on Mint. From the 40% plunge in a day to below $5,000 on 11 March 2020, Bitcoin has come a long way to hit…

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Real Estate Billionaire Buys Bitcoin, Accepts BTC for Rent Payment at His Residential and Retail Properties

Billionaire real estate mogul Rick Caruso has revealed that his company has invested in bitcoin for its treasury and will begin accepting the cryptocurrency for rent payment at its properties. Among the tenants of one of his properties is Elon Musk’s Tesla. Caruso said, “We believe that cryptocurrency is here to stay.” Caruso Going the Tesla Route, Investing in Bitcoin and Accepting It as a Means of Payment Billionaire real estate developer known for his lavish outdoor malls, Rick Caruso announced Wednesday on CNBC that his real estate company, Caruso Properties, has invested in bitcoin. In addition, he said the…

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Norwegian Billionaire Purchased BTC After Calling For Its Ban A Week Ago

Norwegian billionaire Oystein Stray Spetalen invested in Bitcoin and the MiraiEx crypto exchange after calling for a ban on crypto-only seven days earlier so let’s read more in our latest Bitcoin news today. The Norwegian Billionaire invested in both BTC and local crypto exchange MiraiEx according to the Finansavisen reports on Friday. According to the publication, Spetalen bought an undisclosed amount of BTC as well as investing in the exchange by his own admission where the platform didn’t even need more capital at the moment. However, he confessed that more funds will help it expand faster:  “We did not really…

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Mark Cuban Wants an Expiration Date on Stimulus Checks: Critics Says Proposal Is Right out of a Banana Republic Playbook

U.S. billionaire Mark Cuban wants the next stimulus check to come with an expiration date in order to force Americans to spend the funds. The businessman believes this “use it or lose it” approach would benefit the U.S. economy as it promotes spending instead of saving. Cuban argues that when consumers are forced to spend, it helps businesses to stay open and help the economy to recover from the knock-on effects of the Covid-19 pandemic. Explaining details of his proposal, Cuban says that “all American households, no matter their income level, should receive a $1,000 stimulus check every two weeks…

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