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Take My Fiat but Don’t Sell My Crypto, Plead Millionaires after Tax Bust
23.4.2021
Seoul has become the latest South Korean city to launch an assault on crypto tax evaders, seizing cryptoassets from 1,566 individuals and 676 companies in the highest tax band – leaving scores of high-earning crypto buyers begging the city not to sell their tokens as they fear missing out on bigger...
Billionaire FOMO: Famed Norwegian Billionaire Investor Capitulates After Seeing Another Embrace Bitcoin
4.4.2021
Norwegian billionaire Øystein Stray Spetalen, who once called bitcoin “nonsense,” has reportedly capitulated and invested in the cryptocurrency after seeing another billionaire in Norway embracing bitcoin. He has also invested in a local crypto exchange. “When the facts...
Would a US wealth tax push millionaires to Bitcoin adoption?
18.3.2021
There are ways in which a tax on the ultra-wealthy could nudge them toward crypto, but hiding assets is not one of them
Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes
11.12.2020
Argentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation....
No, You Can’t Buy Shares in Bitcoin
29.11.2020
With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset. New Scam Tactic Consequently, many bitcoin investment scams have...
Grammy Nominated Hip-Hop Star Logic Dropped $6 Million Into Bitcoin Last Month
20.11.2020
During the last few months, a slew of celebrity luminaries, millionaires, and even a number of billionaires have announced taking the plunge into the crypto asset economy. On Thursday evening, the former rapper Robert Bryson Hall II, known professionally as “Logic,” revealed...
Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey
19.11.2020
Hundreds of millionaires have revealed in a new survey that they have either already invested in bitcoin or are planning to invest in the cryptocurrency in the next couple of years. Millionaires Don’t Want to Miss Out on Bitcoin A new global poll by Devere Group shows that 73% of millionaires...
Survey of millionaires finds 73% own or want to invest in crypto
19.11.2020
The number of millionaires wanting to buy cryptocurrencies is on the rise, with a new survey indicating that 73% want to own digital assets before the end of 2022
Bitcoin News Roundup for June 10, 2020
10.6.2020
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run
Bitcoin Loophole: Wanna Make $13K in 24 Hours? This Crypto Trading App Is a Scam
16.5.2020
A bitcoin investment scheme claiming to help people make over $13,000 within 24 hours has recently gained more attention. Bitcoin Loophole claims to be an algorithmic crypto trading app that enables its members to make daily profits and become millionaires within 61 days. However, it is a scam...
The Greatest Wealth Transfer: Economists Predict the Emergence of New Bitcoin Millionaires, BTC Capturing 3% of Gold Market
27.4.2020
The global economy has been feeling the hardships from the mandated lockdowns various nation states have implemented during the last month and a half. Oil prices have dropped below zero for the first time in history, and economic powerhouses like the U.S. are starting to show cracks in the system....
Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam
1.4.2020
A cryptocurrency investment scheme called Bitcoin Revolution has recently garnered interest worldwide with its claim that investors could easily earn over $1,000 a day. They could even become millionaires within 61 days using the Bitcoin Revolution app. However, this is a scam and it recently...
50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires
17.2.2020
Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other...
Growth of BTC Millionaires Now Matches Bitcoin’s Early Years: New Data
14.10.2019
1000+ BTC wallet growth returns to pre-Mt. Gox levels