Bitcoin 

‘Hurun China Rich List 2019’ Features 12 Crypto Magnates

“Hurun China Rich List 2019” published by Hurun Report, a research, media and investments firm, features 12 local cryptocurrency magnates. The latest list was published on Oct. 10 and includes co-founders of mining giant Bitmain Micree Zhan and Jihan Wu, founder of major crypto exchange Binance Changpeng Zhao and founder of competing OKCoin — Star Xu. Lastly, Leon Li, founder of cryptocurrency exchange Huobi, is also on the list. Mining hardware producers and crypto exchanges’ CEOs Bitmain’s Zhan — with his net worth of 30 billion Chinese yuan (over $4.2…

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Blockchain 

Veteran Crypto and Stocks Trader Shares 6 Ways to Invest and Get Rich

Two of the most frequent questions that I get from people in the crypto community are: what do you invest in and what are the best investing strategies? As a general rule, the best investment strategy focuses on maximizing gains while minimizing risk.  Historically, the best assets that fit this profile have been stocks, bonds, and real estate. A well balanced portfolio should have an allocation of all three, which is where I am most heavily invested. Every investment strategy should always have a long-term horizon and investors that begin…

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Blockchain 

‘Hope It Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’

Stephen Moore — the economist who advised Trump on his tax cut policy and made an aborted Trump-backed bid to join the United States Federal Reserve board — has joined a cryptocurrency project that aspires to function as a new type of central bank. The development was reported by U.S. business news site Fox Business Network on June 24. Moore is a conservative economics commentator, policy researcher and former Trump campaign advisor who was briefly nominated by the president earlier this year to take up an influential board role at…

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Bitcoin 

Crypto Investors Are Driven by Interest to ‘Get Rich Quick’

The United Kingdom’s Financial Conduct Authority (FCA) has published two pieces of research on Thursday, Mar. 7, which examine the attitudes of U.K. crypto consumers. The first study, conducted by research firm Revealing Reality, uses qualitative interviews to focus on the understanding of cryptocurrencies and motivations behind people’s decisions to invest in crypto assets. The researchers interviewed 31 crypto consumers and selected 17 of them for a follow-up interview. According to the interviews, many see cryptocurrencies as a way to “get rich quick” and a shortcut to wealth and easy…

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