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Billionaire Sam Bankman-Fried Reveals Reasons for Not Investing in Elon Musk Twitter Takeover
7.11.2022
Sam Bankman-Fried, CEO of FTX, said that the reason the major exchange did not invest in the much-talked-about Elon Musk Twitter takeover is the crypto-related difference in visions for the social network.
The CEO tweeted on November 3,
"We passed on Twitter b/c it didn't seem like our strengths...
Biden Accuses Twitter of Spewing Lies Across the World as Elon Musk Rolls Out Twitter Blue Subscription
7.11.2022
Elon Musk has started rolling out a $7.99-a-month Twitter Blue subscription service. U.S. President Joe Biden, however, is concerned that the billionaire has bought a social media platform “that spews lies all across the world.” Stating that there are “no editors anymore...
Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day
6.11.2022
Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no choice since Twitter is losing over $4 million a day. “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though...
Billionaire Mike Novogratz May Cut 20% of Workforce at Galaxy Digital – Signs of Bear Market?
2.11.2022
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, could let go of up to 20% of the workforce amid the market downturn. Crypto exchange BitMEX has also reduced its staff.
According to a report by Bloomberg, there is no official plan for...
Billionaire Coinbase CEO has Just Made This Crypto Prediction – Will it Happen?
31.10.2022
Coinbase CEO Brian Armstrong has forecasted that Bitcoin will become a serious flight-to-safety asset within the next five or 10 years.
In an episode of Coinbase’s Around the Block podcast, titled "The State of Crypto and Where It’s Headed with Pomp," said the flagship cryptocurrency's market...
Billionaire Arthur Hayes Says Bull Market Will Return When This Happens
27.10.2022
Arthur Hayes, a prominent American banker, entrepreneur, and former CEO of crypto derivatives giant BitMEX, has speculated that the next crypto bull run will kick off when China eases its stance toward the crypto market. ...
Read More: Billionaire Arthur Hayes Says Bull Market Will Return When This...
Billionaire Quant Trader Donates a Record $1.9M of Bitcoin to a Super PAC
26.10.2022
Jeffrey Yass, founder of Susquehanna International Group, gave 100 bitcoin worth more than $1.9 million to a crypto-supporting super PAC
Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal
25.10.2022
British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not renegotiate its Brexit deal. The billionaire insisted the United Kingdom’s current...
Renowned Investor Jim Rogers Warns of the Worst Recession in His Lifetime
20.10.2022
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects the bear market to get much worse, adding that this recession will be the worst in his lifetime. “We are probably going to have one last rally but that will be it,” he predicted....
Billionaire Michael Saylor Pitches Bitcoin to American Investor Ray Dalio
17.10.2022
Michael Saylor, the founder and former CEO of software business MicroStrategy, said that Bitcoin (BTC) is the only money that has the potential to align “all interests to focus on peaceful engagement, rational action, & productive industry.” The notorious crypto-enthusiast tweeted this in response...
Crypto Billionaire Sam Bankman-Fried No Longer Looking to Spend $1 Billion on Political Donations
17.10.2022
FTX CEO Sam Bankman-Fried has made a U-turn on his statement to spend up to or even more than $1 billion in political donations in the run-up to the 2024 United States presidential election.
Back in May, the 30-year-old billionaire said he plans to give “north of $100 million” in the next...
Billionaire Paul Tudor Jones Expects Bitcoin Price to Be ‘Much Higher’ Than Today
11.10.2022
Billionaire hedge fund manager Paul Tudor Jones says cryptocurrencies, specifically bitcoin and ethereum, will be “at a value much higher than where we are today.” Confirming that he still owns bitcoin, the famed hedge fund manager revealed that he “always” has a small...
Billionaire Chamath Predicts This Crypto Sector Will Transform All Financial Assets
10.10.2022
Billionaire investor Chamath Palihapitiya believes that decentralized finance (DeFi) will eventually allow people across the world to monetize and financialize all of their assets, allowing to place them on the blockchain.
Palihapitiya, who is a former vice president at Facebook, is currently best...
Bitcoin Billionaire vs Gold Bug, Kardashian vs SEC, Do Kwon vs Freezing and 20 Crypto Jokes
8.10.2022
Read More: Bitcoin Billionaire vs Gold Bug, Kardashian vs SEC, Do Kwon vs Freezing and 20 Crypto Jokes
Here’s What Crypto Billionaire Sam Bankman-Fried Thinks About Markets – Have We Bottomed?
6.10.2022
While many industry observers ask themselves whether the crypto markets have reached their bottom level before they will rebound, Sam Bankman-Fried, the outspoken CEO and founder of major crypto exchange FTX, believes that the coming months could see crypto pegged to the general outlook for...
Bitcoin Billionaire Michael Saylor Gets Into Twitter Spat with Gold Bug Peter Schiff
5.10.2022
Bitcoin (BTC) bull and former IT firm MicroStrategy CEO Michael Saylor got into a bit of an argument with the arch-bitcoin skeptic Peter Schiff on Twitter on Monday over the former’s support for the world’s number one crypto.
Schiff has become infamous in the world of crypto Twitter, where...
Billionaire Mike Novogratz Believes Bitcoin Price Will Surge if Fed Makes This Decision
5.10.2022
Mike Novogratz forecasts a bullish takeoff for Bitcoin (BTC) once the US Federal Reserve eases down on its aggressive rate hikes aimed at taming inflation.
The current cycle has especially been tough for the firstborn crypto, as it suffers from both an unfavourable outlook, and the effects...
Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater Associates
5.10.2022
Billionaire hedge fund founder Ray Dalio has stepped down as chief executive of Bridgewater Associates, according to a transfer of voting rights on September 30. Bridgewater’s co-chief executive explained on Tuesday that “Ray no longer has the final word,” in regard to...
Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months
4.10.2022
Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S....
Billionaire Stan Druckenmiller Discusses Cryptocurrency Having ‘Big Role in a Renaissance’ — ‘People Aren’t Going to Trust Central Banks’
30.9.2022
Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a Renaissance because people just aren’t going to trust the central banks.” He added that he will be “stunned” if the U.S. isn’t in...