Ripple co-founder Chris Larsen entered the Forbes 400 list this year. He was the 383rd among the richest people in the world in the opinion of the publication, and became the first who entered the list due to the state earned exclusively on cryptocurrencies.
Last week, Forbes released the new Forbes 400 list. Larsen's fortune is estimated at $ 2.1 billion, placing him at 383rd place. The leader of the ranking was Jeff Bezos, who earned $ 78.5 billion over the last year, who dismissed Bill Gates, who occupied the first place in the list for 24 years, from this position. In addition to Larsen, Drew Houston, CEO of Dropbox, made his debut in the rankings.
The well-known Bitcoin-optimist and former hedge fund manager Michael Novogratz, who previously assumed the price movement of Bitcoin to new historical heights until the end of 2018, revised his forecast.
The American hedge fund Tiger Global, most of whose investments are related to consumer brands, plans to invest $ 500 million in the Coinbase cryptocurrency exchange.
If the negotiations are successful, the company's market value will approach $ 8 billion, which will make Coinbase one of the highest-rated startups in the United States, as well as strengthen the legitimacy of the entire cryptocurrency market. There is also information that Tiger Global plans to buy out some of the shares of Coinbase shareholders, but no specific figures have been announced yet.
On October 9, 2018, the international company Smile-Expo will host the second Blockchain & Bitcoin Conference Switzerland – large event about DLT and cryptocurrencies. The conference will unite top professionals from the DLT sphere, as well as investors, developers and market analysts.
The sale of tickets to the Russian largest conference on blockchain, cryptocurrencies, and token investments is open! Blockchain Conference Moscow will take place on November 20 bringing together leading local and foreign industry experts.
The well-known Chinese OTC trader and cryptocurrency billionaire Zhao Dong believes that the next 15 months is the ideal time to acquire a cryptocurrency. According to Dong, you need to select a "quality undervalued project", buy its tokens and do not sell them for a long time.
In a note to Fundstrat Global Advisors clients, analyst Tom Lee wrote that the Ethereum is ready to change the trend to a bottom line and make a strong rally.
The cryptographic principles underlying the zk-SNARK (ZCash-proof technology of zero-disclosure in the crypto currency) can greatly help with the scaling of the Ethereum network, Vitalik Buterin said during a scientific forum.
"There is a cycle of depletion of sellers in the market of cryptocurrencies," said General Manager of Galaxy Digital and former hedge fund manager Mike Novogratz
Venezuela's President Nicolas Maduro announced that Petro's National Petroleum Cryptocurrency, secured by oil, will be used for settlements in international trade from October. These words were heard on the air of local television.
"The Petro enters ... as a currency of exchange, purchase and convertible currencies for the world," Maduro said during the broadcast.