2018 didn’t exactly go exactly as planned for cryptocurrency investors. Many of us watched as our investments sank by more than 80% in some cases. But much like previous bear markets, this too shall pass. In fact, many investors (72% according to a Shares Post survey) plan to buy even more over the next 12 … Continue reading “Five Key Tips all Cryptocurrency Investors Should Know”
Michael Novogratz
Galaxy Digital CEO Novogratz Predicts $20,000 Bitcoin in 2019
Billionaire Michael Novogratz has been bullish on cryptocurrencies for quite some time. Not long ago, he said the market would be worth $5 trillion by 2021. “Ten percent of my net worth is in this space. It’s the ‘best investment of my life,’” he says, as quoted by Coin Telegraph. “The Nasdaq got to $5.4 … Continue reading “Galaxy Digital CEO Novogratz Predicts $20,000 Bitcoin in 2019”
Fidelity, BitGo, Bakkt Will Boost Cryptocurrencies in 2019
Galaxy Digital’s Michael Novogratz believes that the crypto market is set to go on another bull run in 2019. Solutions from Fidelity Investments, BitGo and Bakkt will undoubtedly aid this growth. This comes after a turbulent year for the sector which saw a lot of downward price movement. He believes that the increasing number of … Continue reading “Fidelity, BitGo, Bakkt Will Boost Cryptocurrencies in 2019”
Cryptocurrency Week in Review: Fidelity and Goldman Jump into Custody
Cryptocurrency has certainly been a volatile beast. But it appears things are only improving, as major banks jump into crypto-custody, and perhaps attract further institutional interest. Here’s what happened over the last week. Cryptocurrency: Fidelity Announced its Fidelity Digital Asset Services The new company will offer custody and trade execution for digital assets. All in an effort … Continue reading “Cryptocurrency Week in Review: Fidelity and Goldman Jump into Custody”
Michael Novogratz and Goldman Sachs Invest in BitGo
Just this week, Michael Novogratz and Goldman Sachs announced they’re investing in BitGo. Reportedly, both invested about $15 million into BitGo’s Series B funding round. According to CEO Mike Belshe “This strategic investment from Goldman Sachs and Galaxy Digital Ventures validates both our market opportunity and unique position. No one is better positioned than BitGo … Continue reading “Michael Novogratz and Goldman Sachs Invest in BitGo”
Michael Novogratz Explains Why 2019 will be a Big Year for Cryptocurrencies
Billionaire Michael Novogratz has been bullish on cryptocurrencies for quite some time. Not long ago, he said the market would be worth $5 trillion by 2021. “Ten percent of my net worth is in this space. It’s the ‘best investment of my life,’” he says, as quoted by Coin Telegraph. “The Nasdaq got to $5.4 … Continue reading “Michael Novogratz Explains Why 2019 will be a Big Year for Cryptocurrencies”
Blockchain Capital’s Spencer Bogart: Bitcoin is Bottoming
We’ve heard a good number of calls for Bitcoin bottoming out. For example, Galaxy Digital CEO, Michael Novogratz said prices have bottomed in September 2018. In fact, he noted the Bloomberg Galaxy Crypto index, which measures the performance of the largest digital currencies traded in dollars, “retouched the highs of late last year and the … Continue reading “Blockchain Capital’s Spencer Bogart: Bitcoin is Bottoming”
Michael Novogratz: Bitcoin Won’t Top $9k this Year
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”
Novogratz: Impossible for Bitcoin Not to Rebound to $8,800 to $10,000
Billionaires have been jumping on the Bitcoin (BTC) bandwagon for quite some time. Months ago, Michael Novogratz said the industry could be worth $5 trillion by 2021. “Ten percent of my net worth is in this space. It’s the ‘best investment of my life,’” he said at one time. “The Nasdaq got to $5.4 trillion … Continue reading “Novogratz: Impossible for Bitcoin Not to Rebound to $8,800 to $10,000”
Mohamed El-Erian: “Crypto isn’t Dead.”
Bullish sentiment for cryptocurrency continues with Mohamed El-Erian. The Bulls are Lining Up John McAfee for example believes Bitcoin could be worth $1 million by 2020. “Why don’t we look at the last Bitcoin? We have thousands of people to mine one coin. What is that coin going to be worth? Maybe billions. Mathematics doesn’t … Continue reading “Mohamed El-Erian: “Crypto isn’t Dead.””