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Euronews
Euronews
Stefania De Michele

As bitcoin soars people ask who is Giancarlo Devasini, Italy's richest man?

Bitcoin Tether Italy Paolo Ardoino Crypto Bitfinex Cryptocurrency Economy Juventus

Bitcoin is back in the spotlight after a week-long rally pushed the cryptocurrency above $79,000, with gains of more than 20% in just a few days.

The rally has been driven by fresh flows into spot Bitcoin ETFs, expectations of greater liquidity in the United States, a more favourable climate for cryptocurrencies in Washington and a squeeze on traders betting against Bitcoin.

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