.novogratz believes that the price of Bitcoin is on track to reach $500,000 in five years
predicted that Bitcoin, the largest cryptocurrency, would hit the $500,000 mark in five years.
Novogratz admits that he will be wrong on the adoption cycle if the flagship coin fails to reach the above-mentioned price milestone.“I see this going viral everywhere,” Novogratz said. The cryptocurrency mogul compared Bitcoin to diamonds and gold since it’s not controlled by the government.Bitcoin’s recent run was propelled by the narrative that the Federal Reserve would “print money forever,” according to the crypto boss. Now that the Fed has turned hawkish, the largest cryptocurrency is in the middle of a bearish trend.reported by U.
Still, there are still some regulatory roadblocks. Novogratz made a case for getting rid of BitLicense, New York’s landmark cryptocurrency regulatory framework. He also took a swipe at the Securities and Exchange Commission for its controversial strategy of regulation by enforcement.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Mexican Architect Frida Escobedo Will Design the Met’s New $500 Million Modern and Contemporary Art WingChosen from a shortlist of five, Frida Escobedo will become the first woman to design a wing at the museum.
Les mer »
Mexico City-Based Architect Frida Escobedo Will Design the New $500 Million Wing at the MetThe architect will become the first woman to design a wing of the Met.
Les mer »
After Rangers additions — over $500 million worth — Chris Woodward sets ‘expectation’ to win in 2022SURPRISE, Ariz. — This will probably not come as a major surprise for a team coming off a 102-loss season, but the Rangers are, by no means, a complete roster. ...
Les mer »
Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries – Featured Bitcoin News'Bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador, but other countries.' cryptocurrency crypto $BTC
Les mer »
Bitcoin Showing “Divergent Strength” Against Nasdaq, Says Bloomberg's Mike McGloneMike McGlone believes that Bitcoin’s growing divergent strength is a positive development ahead of a potential Nasdaq bear market
Les mer »
Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000 – Markets and Prices Bitcoin NewsAbra's CEO has predicted that the price of ether could reach $40,000. He's more bullish on Ethereum than Bitcoin. 'The use cases are through the roof,' said the executive.
Les mer »