A $1 Million “Buffett Bet 2.0” on Cryptocurrencies

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It’s safe to say 2018 wasn’t the best year for cryptocurrencies. However, some firms aren’t willing to throw in the towel.  In fact, Morgan Creek Digital just announced a “Buffett Bet 2.0,” or a $1 million wager that its cryptocurrency index will outperform the S&P 500 over the next 10 years. That’s quite a bet … Continue reading “A $1 Million “Buffett Bet 2.0” on Cryptocurrencies”

Fundstrat Tom Lee: Cryptocurrency Investors “Too Bearish”

Posted on Categories Bitcoin, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, Ethereum, General, News, UncategorizedTags , , , , , Leave a comment on Fundstrat Tom Lee: Cryptocurrency Investors “Too Bearish”

In early October 2018, Tom Lee from Fundstrat noted Bitcoin “could end the year explosively higher.”  Furthermore, he said Bitcoin could rally as high as $25,000. He even called for Ethereum to rally to $1,900 by 2019. “People are too Bearish,” says Tom Lee The Fundstrat executive reiterated that target with Heidi, otherwise known as … Continue reading “Fundstrat Tom Lee: Cryptocurrency Investors “Too Bearish””

Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin Bottomed

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Fundstat’s Tom Lee is no stranger to cryptocurrencies. Tom Lee of Fundstrat had famously said Bitcoin “could end the year explosively higher.”  In fact, he says Bitcoin could rally as high as $25,000. He called for Ethereum to rally to $1,900 by 2019. Tom Lee Fundstrat Survey: Bitcoin Prices Already Bottomed After plunging from $20,000 to … Continue reading “Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin Bottomed”

Michael Novogratz: Bitcoin Won’t Top $9k this Year

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Michael Novogratz doesn’t see Bitcoin breaking out of its current slump. Granted, at one time, he was quite bullish. “Ten percent of my net worth is in this space. It’s the ‘best investment of my life,’” he once said, as quoted by Coin Telegraph. “The Nasdaq got to $5.4 trillion in 1999, why couldn’t it … Continue reading “Michael Novogratz: Bitcoin Won’t Top $9k this Year”