The world’s wealthiest individuals are also jumping on the crypto bandwagon because approximately 30% of the top 65 globe’s rich people have directly or indirectly invested in cryptocurrencies, according to a Forbes survey.
Per the report:
“Nearly 30% are either directly or indirectly invested in cryptocurrencies, a rate that is higher than among non-billionaire investors.”
Therefore, this represents a change of tune among the world’s wealthiest people because some have been heavy crypto critics. The survey noted:
“Of the billionaires surveyed, about 18% reported having at least 1% of their fortune in cryptocurrencies. Of that group, most are investing as a small side experiment.”
“3.2% of the billionaire respondents said they have more than half of their fortunes poured into crypto. The study added that another 10% said they hadn’t directly invested in cryptocurrencies but had backed crypto-focused companies,” the study added.
Despite some of the world’s leading billionaires having...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...