Changpeng Zhao, the CEO of Binance, tops the list of richest crypto billionaires with an estimated net worth of $96 billion.According to Bloomberg CZ ranks 11th among the world’s richest people as Binance retains its position as the biggest crypto exchange in terms of trading volume.CZ, the 44-year-old crypto entrepreneur, overtook Asia’s richest billionaire Mukesh Ambani … [Read more...] about Binance CEO CZ richest crypto billionaire at $96B: Bloomberg
Bloomberg
Galaxy, Bloomberg Debut Solana Fund for Institutional Investors
Galaxy Digital on Wednesday said it will launch a crypto fund for Solana, the high-speed blockchain whose native token SOL has soared in value this year.The crypto conglomerate said Galaxy Solana Funds will target “institutional investors.” Its release trails two weeks behind Grayscale’s announcement that it plans to do the same. Grayscale is a sister company of CoinDesk … [Read more...] about Galaxy, Bloomberg Debut Solana Fund for Institutional Investors
Solana Hits Bloomberg Terminal With Galaxy-Backed Index
The launch signals Wall Street investors’ interest in a token that has surged over 11,700% in the past 12 months, according to Messari. Carrying ticker symbol SOL, it went live on Monday across Bloomberg terminals globally, Galaxy Head of Europe Tim Grant said in a LinkedIn post. Source link … [Read more...] about Solana Hits Bloomberg Terminal With Galaxy-Backed Index
Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash
Bitcoin (BTC) maintained $34,000 support on Wednesday as a rebound from six-month lows showed surprising resilience.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls see 2020 similaritiesData from Cointelegraph Markets Pro and TradingView showed BTC/USD stabilizing on Wednesday after a day of unnerving volatility.At the time of writing, Bitcoin was … [Read more...] about Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash
Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail the flagship cryptocurrency's long-term bull trend, especially as global markets grapple with declining national currencies and the prospect of a commodity market crash.So believes Mike McGlone, the senior commodity strategist at Bloomberg … [Read more...] about Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist