Reported 12 days ago
Following a tumultuous period marked by the FTX collapse, major crypto moguls like Michael Novogratz and the Winklevoss twins are experiencing a dramatic resurgence in wealth, fueled by Bitcoin's record surge to over $89,000. This shift in fortune comes as Donald Trump's election win signals a more favorable regulatory environment for digital assets, in contrast to the previous administration's strict stance. Notably, Binance's Changpeng Zhao leads with a remarkable $49 billion increase in net worth since 2022, reflecting a broader positive trend within the cryptocurrency market.
Source: YAHOO