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Mike Novogratz: sellers in the cryptocurrency market are already depleted

ICO-NEWS-sellers-in-the-cryptocurrency-market-are-depleted Mike Novogratz | General Manager of Galaxy Digital

"There is a cycle of depletion of sellers in the market of cryptocurrencies," said General Manager of Galaxy Digital and former hedge fund manager Mike Novogratz at the second annual event of Yahoo Finance All Markets Summit.

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Mike Novogratz: Bitcoin is not believed by those who are too old for the digital world

ICO-LINK-NEWS-Mike-Novogratz-Bitcoin-is-not-believed-by-those-who-are-too-old-for-the-digital-world

While the price of Bitcoin beats the record for the record, many prominent figures of the financial world are in a hurry to express their opinion on what is happening. Some do not comment, since they acknowledge that they do not have enough knowledge in this area, and some openly call the cryptocurrency a fraud and a bubble. In a recent interview for Bloomberg TV, a well-known investor and billionaire Mike Novogratz (Mike Novogratz) said that this attitude is more associated with the age of these skeptics than with their wisdom.

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Mike Novogratz predicts the new highs of Ethereum

ICO-LINK-NEWS-Mike-Novogratz-predicts-the-new-highs-of-Ethereum

Investor and founder of crypto-currency hedge funds Mike Novogratz said that the Ethereum is ready to reach new record highs in the short term. Over the past few weeks, the daily volume of sales of the air has grown significantly, mainly due to the South Korean market of cryptocurrencies. After the government of South Korea introduced a nationwide ban on the initial deployment of tokens (ICO) in October, the demand for airwaves and its price in South Korea declined.


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Mike Novogratz: Wall Street is on the verge of taking Bitcoin and Ethereum

ICO-LINK-NEWS-Mike-Novogratz-Wall-Street-is-on-the-verge-of-taking-Bitcoin-and-Ethereum

Mike Novogratz, former head of the hedge fund of the Fortress Investment Group, who recently became a cryptocurrency investor, noted that he believes that institutional investors are only a few weeks from the mass adoption of Bitcoin and the Ethereum. Novogratz also said that this migration from Wall Street would lead to a sharp rise in prices for cryptocurrencies.

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