A pair of 34-year-old former Credit Suisse traders turned crypto whales say they're beating bitcoin by owning ether — and downplay the energy-use concerns of mining and Elon Musk's impact

The two started a firm focused exclusively on cryptocurrencies, and they say their largest holding is in Ethereum, Bloomberg reported.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. A pair of 34-year-old former Credit Suisse traders turned crypto whales say they're beating bitcoin by owning ether — and downplay the energy-use concerns of mining and Elon Musk's impact The two started a firm focused exclusively on cryptocurrencies, and they say their largest holding is in Ethereum, Bloomberg reported. READ MORE Premium Coinbase's decision to end salary negotiations is a step in the right direction toward fairer pay. Here's what it should do next to make life even better for its employees. Ending salary negotiations can benefit women, provided that employees and managers still strive to minimize everyday biases. READ MORE Millennial entrepreneur Brandon Blackwood shares how $7,000 and Instagram helped him build a handbag empire that's on track to book $30 million in revenue One night, after three glasses of wine, Blackwood went to his boyfriend with an idea that changed everything: a tote that said "end systemic racism." READ MORE Premium Cameron Newell earned $5 million day-trading stocks in 2020 after starting out with $1,000. He breaks down how he decides which companies to buy and shares his top 4 trading strategies. Cameron Newell lost half of his net worth when he began investing — and then he turned $1,000 into $5 million. Here are the tactics he used to do it. READ MORE US futures slip as investors brace for jobs and growth data, while crypto rally loses steam Data on jobless claims, economic growth, and durable goods orders could move markets on Thursday. READ MORE Premium Buy-now, pay-later firm Klarna is raising fresh cash from mega-investor SoftBank at valuation above $40 billion Klarna allows online shoppers to pay for purchases in instalments and has 90 million customers globally. READ MORE Google gets the go-ahead to build a mega-campus in San Jose with 4,000 homes, office space, and shops San Jose city council approved Google's plans for an 80-acre mega-campus in the city, offering 7.3 million square feet of office space. READ MORE Premium Amazon is weighing a push into physical pharmacies to grab a bigger slice of the $370 billion prescription market Amazon Pharmacy is considering options for creating physical pharmacy stores in the US, Insider has learned. READ MORE Premium Investors are looking for the next Peloton, and indoor-rowing brands like Ergatta, CityRow, and Hydrow are competing to be the next at-home-fitness hit The rowing-machine market is set to reach $1.8 billion by 2031 and has become one of the fastest-growing sectors in the fitness-equipment space. READ MORE Premium JOIN US JUNE 24: Execs from Deutsche Bank, AllianceBernstein, and Accenture will break down Wall Street's hybrid models and how they're navigating the return to work in an exclusive live event Execs from financial firms like Deutsche Bank, AllianceBernstein and Accenture will explain how they're navigating the transition back to work. READ MORE Email sent to: ipat39@gmail.com   |   Manage preferences   |   Unsubscribe Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006