Tag Archives: mike novogratz

Crypto investor Mike Novogratz says that big things will happen for bitcoin this year.Mike Novogratz: BTC Will Hit a New All-Time HighIn a recent interview with CNBC, he commented that the currency could exit 2020 having hit a new all-time high. The previous record for bitcoin is just shy of $20,000, which the world’s number one cryptocurrency by market cap reached at the end of 2017. He’s confident that in approximately ten months, the currency will strike an even higher range.He...

What happens when a lot of people talk about possible Bitcoin price movement? Right – the price indeed starts moving. And now BTC seems to be gaining momentum ahead of May’s halving event.Some experts start predicting the next price move. They see a dramatic scenario of Bitcoin price rushing up to $18,000 and even $20,000 in the short-term and up to $100,000 in the long-term. Such data is based on calculations of previous price action. It appears that Bitcoin can gain up to 80% in profits...

Xpring recruitment follows its new development relations initiative announced last week. One of the main priorities now is XRP adoption.Xpring, Ripple‘s arm that invests in, incubates, acquires and provides grants to companies and projects run by proven entrepreneurs, is hiring 10 new people. The open positions include a range of jobs from senior infrastructure engineer to director of product management to vice president of developer relations. According to Ripple, Xpring recruitment is a way...

DeFi not only attracts major talent and interest but also large sums of money in the form of digital assets. The number of companies in this sphere is constantly growing but let’s look at the most prominent of them.There’s no time like the present to talk about DeFi.Short for “decentralized finance,” this buzzword simply refers to making conventional financial services (like loans or credit) available via cryptocurrency and blockchain technology. It’s a niche within the cryptocurrency niche,...

Wealth manager Andy Edstrom has predicted that bitcoin will reach $400,000 by the year 2030, thereby bringing bitcoin’s total market cap to approximately $8 trillion and making it one of the most valuable assets across the globe.Edstrom: BTC Will Incur a Mega Spike in Ten YearsEdstrom works with a California-based investment platform known as WESCAP. In a recent interview, he stated he’s “pretty bullish” on bitcoin and thinks that the currency could reach the stars in roughly ten years. He...

Ripple CEO Brad Gralinghouse has lashed out at Novogratz’s comment on XRP. Galinghouse said that so far in 2020, XRP has successfully managed to outperform Bitcoin. He also pointed out some of Novogratz’s failed predictions from the past.Ripple‘s XRP cryptocurrency remains in the news after it jumped 20% in the last seven days with a sudden volume surge. XRP, the world’s third-largest cryptocurrency has been the talk of the town after its poor show in 2019.While almost all other top-ten...

While some experts are rather bullish about the performance of Ripple’s XRP in 2020, Mike Novogratz believes that the coin will underperform again this year.XRP’s underperformance in 2020 is likely. It is the world’s third-largest cryptocurrency by capitalization. But by this moment, it has failed to meet expectations. Many in the crypto space are even wondering if the cryptocurrency token deserves mention. The past few years have been harsh for XRP price. Some experts are laying blame on...

Short-sellers are burning their hands on Tesla as the electric car maker released its strong Q4 2019 numbers last week. In less than a week, the Tesla stock has added over $200 to its price making it the first American automobile company to hit $100-billion valuations.On Monday, February 3rd, the Tesla stock surged 20% to $780 levels taking the company’s valuations at $140 billion. Indeed, with this move, Tesla has taken Wall Street and global investors by surprise. Monday’s stock price gain...

Mike Novogratz of Galaxy Digital is skeptical of the sudden altcoin rally that crypto enthusiasts have been witnessing over the past several days.Mike Novogratz: What the Heck Is Going On?A wide variety of cryptocurrencies – including Ethereum (ETH), Ripple’s XRP and bitcoin SV (BSV) – have all jumped over the past week, with bitcoin SV surging by as much as 99 percent. This likely stemmed from the news that Craig Wright was cooperating in the lawsuit against him by Ira Kleiman, who claimed...

After a fairly good ending to 2019, Bitcoin has been on a good start in 2020. Since the start of 2020, the Bitcoin price has surged nearly 20% reaching closer to over $8,500 levels. At press time, Bitcoin is trading for a price of $8,534 with a market cap of $154 billion.However, this has got many analysts and Bitcoin enthusiasts talking about future predictions. This has always been the case for Bitcoin which has been the darling of crypto investors over the last few years. A Twitter handle...