Crypto millionaire loses $43 million in Ether-Bitcoin trading bet

Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.

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Dogecoin Accumulation: DOGE Millionaires Have Shot Up By 76%

On-chain data shows the total number of Dogecoin millionaires has observed a steep increase over the past month, a sign of strong accumulation. Dogecoin Millionaires Have Jumped 76% In Past Month According to data from the market intelligence platform IntoTheBlock, the number of Dogecoin millionaires has been skyrocketing recently. “DOGE millionaires” here refer to the addresses that are carrying at least $1 million in their balance. Related Reading: Bitcoin Short-Term Holders Panic Capitulate $2.6 Billion In BTC Crash The below chart shows how the total number of such addresses has changed over the past month. The data for the two millionaire groups of the memecoin | Source: IntoTheBlock on X From the graph, it’s visible that the Dogecoin investors carrying between $1 million to $10 million worth of coins have seen their total count rapidly go up since the end of February. This range would include the sharks as well as the smaller of the whales, so this trend would imply interest in the cryptocurrency has sharply risen among these large entities. Following the latest increase, the total count of addresses holding a balance in this range has crossed the 800 mark. The largest of the investors in the market, those with more than $10 million in DOGE, have also seen their number grow in the same period, as the chart displays. The population of these humongous whales has now crossed the 200 mark. This means that in all, there are now more than 1,000 millionaires on the Dogecoin network. This corresponds to a growth of around 76% in the past 30 days, which is a pretty rapid increase. Since the indicator has caught pace, DOGE has also witnessed an impressive rally, which may not be a coincidence. Naturally, if the number of these millionaires continues to rise into the near future, it would be a sign that big money interest in the memecoin is still furthering, which would be a positive sign for the rally. DOGE Price Has Enjoyed A Sharp Rally Recently Towards the end of last month, Dogecoin finally managed to break free of its long spell of consolidation and did so in quite the spectacular fashion as well. As the chart below shows, DOGE has observed a rapid rise in the past couple of weeks. Looks like the price of the memecoin has witnessed some sharp bullish momentum recently | Source: BTCUSD on TradingView During this rally so far, Dogecoin has managed to reach a high beyond the $0.20 level. Since this peak, however, the coin has seen some notable drawdown, as it’s now trading around $0.15. From the chart, it’s visible that the initial sharp crash in the memecoin had occurred at the same time as Bitcoin had plummeted following a breach of its previous all-time high price. Related Reading: Solana Open Interest Plunges 20%: What It Means For Price Unlike BTC, though, which has made some significant recovery already, DOGE is yet to close back in on its recent highs. Despite this significant pullback, though, the coin’s investors would still be carrying profits of more than 95% over the past month, showcasing just how strong its recent bullish momentum has been. In terms of the market cap, Dogecoin is currently the nineth-largest asset in the sector, some distance behind eighth-placed Cardano (ADA). DOGE's market cap appears to be almost $22 billion at the moment | Source: CoinMarketCap While Dogecoin still has a comfortable gap to Shiba Inu (SHIB) in tenth, its rival is fast approaching it with a run of a whopping 131% in the past week. Featured image from Kanchanara on Unsplash.com, CoinMarketCap.com, IntoTheBlock.com, chart from TradingView.com

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FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his [...]

The post FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense appeared first on Crypto Breaking News.

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Missing Crypto Millionaire Found Brutally Dismembered in Argentina

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Missing crypto millionaire found dismembered in suitcase: Report

Fernando Pérez Algaba reportedly ran a crypto trading business in Argentina and is suspected to have been murdered by a professional outfit.

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Bitcoin and its Profits Churn Out New Batch of Millionaires

Bitcoin millionaire has overwhelmed the web and transformed many individuals into moguls for all intents and purposes for the time being. Before you become excited about this better approach to bringing in cash, it’s fundamental to comprehend the stuff to turn into a Bitcoin millionaire to avoid putting resources into a thought that is not […]

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How to Become Rich in 2023 Using Cryptocurrencies?

This article is all about How to become rich in 2023 using cryptocurrencies. Let's take a look at it in more detail.

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How to Become a Cryptocurrency Millionaire by 2025 in 3 Easy Steps!

In this article, we discuss 3 steps you could follow, and with a lot of investment and luck, you can become a cryptocurrency millionaire in 2025.

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Tron (TRX) Price Value Surges As Mushe (XMU) Enters Presale...

Almost everybody invests in crypto, as it can become a second income when done properly. But the market has been down recently and this does not encourage people to join the cryptosphere. 

Maybe you want to start investing but are scared of the risks that come with being a beginner investor. One thing you must know is that the best time to buy crypto is actually when the market is down, and that is now.

As many worry about investing in the wrong digital asset and losing money, do not make the same mistake and consider investing in these two coins. The crypto market has recently pushed beyond the $2 Trillion wall and many investors have seen their returns. Do not miss your chance and watch out for Tron (TRX) and Mushe (XMU).

Launched in 2017, TRON (TRX) is a decentralised blockchain-based operating system created by the Tron Foundation. 

According to the whitepaper, the long-term objective of Tron is to accelerate the internet’s decentralisation. As such, the platform includes a variety of innovative decentralised project offerings.

The platform functions as a tool for developers to create dApps and consequently, it is an alternative to Ethereum. The TRON software supports decentralised applications (dApps) as well as smart contracts.  

Additionally, the platform allows any investors to create dApps on the TRON network, offer content, and be rewarded with digital assets.

The platform's governing coin is the TRX token and is used for the payment of fees on the Tron blockchain. As more projects surge, the more TRX tokens circulate as the price value increases.

According to CoinMarketcap.com, the token acquired 10% in the last 24 hours and is currently the 24th largest coin by mark cap. The TRON price today is $0,074048 with a live market cap of $7.5 Billion.

The XMU Token serves as the utility token to the Mushe Ecosystem and is a decentralised cryptocurrency that provides peer-to-peer interaction, rewards, and governance utility.

The platform is recent to the market but investors are already praising it for its innovative features. It has a Mushe Wallet which allows users to buy and exchange crypto coins.

It also includes Mushe DeFi for voting, playing in the lottery and plenty of rewards programs and a Mushe Chat, a social platform that bans third parties and other investors from accessing the personal details of users.

With a strong Metaverse presence, the platform contains a Mushe Verse. It is a place for users to socialise, play and earn in the Metaverse ecosystem. 

Similarly, Mushe (XMU) is aware of the recent NFT hype and has included Mushe NFTs. These symbolise ownership of Mushe services and can be purchased with the token.

The token is currently in its presale which makes it the best time for you to invest. Buy Mushe now for cheaper and sell it for higher once the price value increases.

Join Mushe’s Presale:

Website: https://www.mushe.world/

Presale: https://portal.mushe.world/sign-in

Twitter: https://twitter.com/Mushe_World

Telegram: https://t.me/musheworldXMU

Instagram: https://www.instagram.com/mushe_world/

Content not created, evaluated, or endorsed by Global Crypto PressCrypto & NFT Press Release Distribution

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Want to Become a Millionaire with NFT? – Use these Platforms and be Creative!

The post Want to Become a Millionaire with NFT? – Use these Platforms and be Creative! appeared first on CryptoTicker.

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Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think?

Bitcoin has made its own fair share of millionaires and with the recent bull rally, there is no doubt that this number went up drastically. This has led to a number of issues of investors who have made their money off the digital asset, the main one being taxes. A lot of these millionaires have begun to flee to places with less strict tax laws, as well as better weather conditions. Bitcoin Millionaires Flock To Puerto Rico A recent report from CNBC documents the movements of bitcoin millionaires towards Puerto Rico and its beautiful islands. The subject of the report, 36-year-old crypto entrepreneur and investor David Johnson, outlines why he moved himself and his entire family to the North American country. For the entrepreneur, the tropical paradise was a big push, as well as the tax breaks offered to those who spend at least 183 days on the island. Related Reading | Altcoins Are Encroaching On Bitcoin’s Dominance On Digital Payments Johnson also noted that the decision to move was also predicated on the fact that his friends had all moved to the same destination. The 36-year-old who lived in New York before the move said there weren’t any of his friends left in what is said to be one of the most expensive cities in the world as they had all moved to Puerto Rico. “That’s where all my friends are. I don’t have one friend left in New York, and maybe the pandemic accelerated this, but every single one of them has moved to Puerto Rico,” Johnson told CNBC. In addition to offering tax breaks to those who spend a significant amount on the island, residents are also allowed to retain their American passports. Locals Not Feeling The Love Puerto Rican locals are not exactly happy about seeing the move to the tropical paradise. This has less to do with the people coming in and more to do with the fact that the locals themselves do not qualify for the tax exemptions that these non-Puerto Ricans enjoy. Residents like Johnson who move in from other American states after making their millions with bitcoin and crypto do not have to pay capital gains on their earnings. However, Puerto Rican citizens are having to pay up to 15% long-term capital gains tax. Related Reading | American Rapper Lil Baby On Holding Bitcoin And Ethereum Over Fiat This disparity between locals and non-locals has obviously now been the source of tension between the two groups. These tax breaks which were meant to bring more jobs and investors into the region are now being utilized by residents who are trying to get out of paying capital gains tax. Additionally, the influx of new wealthy residents is causing property costs to surge. Diaz Fournier of Luxury Collection Real Estate told CNBC that the increased demand has led to prices not seen before. “I’ve been tracking the markets for several years, and I was not expecting this,” Fournier said. “You have properties in Dorado Beach that have been sold for more than $20 million.” BTC falls to $41K | Source: BTCUSD on TradingView.com Featured image from Wallpaper Flare, chart from TradingView.com

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Why Are Bitcoin Millionaires Moving to Puerto Rico?

Like Texas and other states in the United States, the island of Puerto Rico has become an attractive place for crypto investors in the last year.

Continue reading Why Are Bitcoin Millionaires Moving to Puerto Rico? at DailyCoin.com.

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Top 3 Cryptocurrencies That Can Make You a Millionaire in 2022

The post Top 3 Cryptocurrencies That Can Make You a Millionaire in 2022 appeared first on CryptoTicker.

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The Dogecoin Millionaire Reveals His Next Memecoin Play

Glauber Contessoto, a 33-year-old LA resident, became a Dogecoin (DOGE) millionaire this year in April after putting his life savings on the line. A few days ago in an exclusive interview, the Dogecoin millionaire told CoinStats that despite all the discouragement from family and friends, he decided to invest everything he had in Dogecoin after reading about crypto on Reddit.  Was It a Calculated Move? One of the main reasons behind Contessoto’s investment in Dogecoin is Elon Musk, the billionaire behind Dogecoin’s inevitable ascension. Plus, he was disappointed in the stock market when GameStop Corp stocks dropped approximately 88.29% from […]

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Millennial Millionaires Own Bitcoin And Want More: Survey

Over 80% of the young millionaires own bitcoin and cryptocurrency, and 53% have at least half their wealth in such assets.

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Crypto Flipsider News – ConsenSys Partners with Mastercard, Adidas’ First NFT, Melania and Solana Labs NFT, 83% of Millennial Millionaires Own Crypto, Russia’s Crypto Ban, Binance to UAE

Read Friday's breaking news in the daily digest.

Continue reading Crypto Flipsider News – ConsenSys Partners with Mastercard, Adidas’ First NFT, Melania and Solana Labs NFT, 83% of Millennial Millionaires Own Crypto, Russia’s Crypto Ban, Binance to UAE at DailyCoin.com.

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Owning 1 Bitcoin Is Better Than Being a Millionaire

Think being a millionaire is exclusive? Let me explain why owning just 1 bitcoin might be the real wealth symbol of the future.

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Tragic Disappearance of a Bitcoin Millionaire…What Happened?

Dr. John Forsyth, recognized as a Bitcoin millionaire by Forbes, was subsequently discovered with an apparent gunshot wound.

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