billionaire

Ricardo Salinas advocates Bitcoin as an effective hedge against global inflation during an interview with Bitcoin Magazine. Salinas emphasizes Bitcoin’s resistance to devaluation, which he views as crucial for safeguarding assets in hyperinflationary economies. In a recent post on X, Ricardo Salinas, a prominent Mexican billionaire and honorary chairman of TV Azteca, discussed the advantages of Bitcoin as a hedge against inflation. During his first Spanish-language interview on the subject with Bitcoin Magazine reporter Isabella Santos, Salinas shared his insights…

Tim Draper has led a $3.5 million seed funding round in Zest Protocol, a Bitcoin lending startup.  This move marks a significant milestone in making decentralized finance (DeFi) accessible to the Bitcoin network, with notable contributions from industry giants like Binance Labs. $3.5 Million Into Bitcoin Lending Venture Building on the Stacks blockchain, Zest Protocol aims to revolutionize Bitcoin lending. It seeks to allow BTC holders to utilize their assets in on-chain lending markets without intermediaries. The startup is leveraging…

The post Cardano Billionaire Who Bought ADA In 2017 Says Don’t Miss ETFSwap (ETFS) 10,000% Rally To $1 appeared first on Coinpedia Fintech News Since the market became widely known, success stories have become a norm, as millions of investors who were ordinary citizens hit it big by making the right investment at the right time. Among these stories is a noteworthy scenario of several curious individuals taking a chance on Cardano (ADA) by investing in the token following its…

Another mainstream billionaire has added cryptocurrency to his portfolio. Tim Cook – CEO of Apple – recently confirmed that he owns at least one of the two top cryptocurrencies. Cook’s Personal Interest In Crypto In a recent interview with CNBC’s Andrew Sorkin, Cook was asked whether he owns Bitcoin or Ethereum. “I do”, he replied.  I think it’s reasonable to own it as part of a diversified portfolio… I’m not giving anyone investment advice by the way.” [caption id="" align="aligncenter"…

Orlando Bravo– private equity firm owner and multi-billionaire– is highly supportive of cryptocurrency. He recently discussed what makes the asset class so unique and why he has personally invested in Bitcoin. Bravo on Bitcoin: "I'm Very Bullish" Bravo expressed his faith in cryptocurrency in a recent interview with CNBC. He says that it's "absolutely" here to stay and praises it as a way to dodge high inflation and transaction fees. How could you not love crypto? Look at the movement. Aren’t…

Rakesh Jhunjhunwala, an Indian billionaire investor and partner in the asset management firm, Rare Enterprises, has called on its financial regulators to place a ban on cryptocurrencies, especially bitcoin. A Speculative Investment According to a CNBC report on Tuesday, Jhunjhunwala said that crypto trading is the highest form of speculative investment and that he had no intention of joining the trend. Popularly referred to as "India's Warren Buffet," Jhunjhunwala does not hide his dislike for the top cryptocurrency, bitcoin. He…