On 26th September 2018, the founder and CEO of Galaxy Digital was interviewed by CNN International correspondent Paul Newton on the famous TV episode “Markets Now.” Novogratz observed that recently, crypto exchanges and giant financial firms have started valuing the cryptocurrency industry more than ever.
“Starbucks and Microsoft allow you...
Although digital currencies are currently experiencing a bear market, crypto enthusiasts and investors are still optimistic of a market pull run. A study carried out by the Satis Group predicts the crypto trading volume to swell by almost 50% in 2019. The group further suggests a compound annual growth...
The 2018 Bitcoin (BTC) trend of parabolic increases could see the giant digital currency click a new all-time high (ATH) in the next three months and part of the first quarter of 2019. For the better part of 2018, BC has been swaying between $6000 and $7000 with its...
Bitcoin (BTC) enthusiasts and investors maintained their positions during the past summer, while crypto markets appear to have gained more stability, according to a new research conducted by Chainalysis.
Details of the Study
The data compiled in the report was obtained using the concept of standardization monetary aggregates. Categorically, the...
Recently, Michael Novogratz, the founder of virtual property management company Galaxy digital, restated his belief that digital currencies have reached the bottom of their pits, but a comeback is imminent.
Another famous billionaire, Tim Draper is unconcerned by the persistent drop in crypto markets, terming the situation as a golden...
The crypto markets could have bounced back after a stormy eight-month period that has left Bitcoin (BTC) with severe bruises of almost 60%. The other major cryptocurrencies like Ethereum, Litecoin, Bitcoin Cash, EOS, Monero, and Ripple have also sustained significant declines.
Michael Novagratz’s Views
Michael Novogratz, the founder of virtual...
If you paid attention to the tech-business news towards the ending of last year and the beginning of this year, you surely would have heard of the cryptocurrency; bitcoin. It appreciated so much compared to the dollar, that at a time last year, just one bitcoin exchanged for over...
Cryptocurrencies are here to stay: JP Morgan - According to the internal report of JP Morgan, cryptocurrencies are not a short-term phenomenon.
This statement by one of the world’s largest financial institution is in contrast with many other financial incumbents who believe that the phenomenon of cryptocurrencies is no longer...
IOTA a unique gem in the fast moving fintech landscape: Market is optimistic about the future performance if IOTA. According to iotasupport prediction, the value IOTA will reach $11. However, it is to be noted that the volatility will continue to be present. Thus the investor should have long investment...
At some point in history, there has been a need for a new system of payment, sometimes these payment methods are adopted quickly, other times they are accepted slowly over time. Most systems have become obsolete leaving only the fiat currency. In 2008, a new means of making payment...
