$BTC Bitcoin recovers strongly, moves toward the $80,000 mark, and puts Giancarlo Devasini—Chairman of Tether, the richest man in Italy—squarely in the spotlight. With assets estimated at $89.3 billion
Devasini hasn’t gotten richer by directly buying Bitcoin; instead, it’s mainly due to Tether and the crypto ecosystem. Notably, this is the first time since 2007 that Italy’s richest position is no longer held by the Ferrero family. Bitcoin’s increase of more than 20% in a short period shows that ETF inflows are expected to bring liquidity to the US and market sentiment is also providing momentum to crypto..
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