The price of bitcoin could reach up to $40,000 as it becomes more accepted and easier to trade, billionaire investor Marc Lasry told CNBC on Wednesday.
In December, Lasry expressed regret about not buying bitcoin sooner, saying he should’ve purchased the cryptocurrency when it was at $300 just a couple of years ago.
Bitcoin lost more than half its value in the first six months of this year, according to data from Coinbase.
However, the price of bitcoin spiked Tuesday, with pundits saying the jump had more to do with technical levels than any other catalyst.
In addition to running Avenue Capital as chairman and CEO, Lasry owns a stake in the NBA’s Milwaukee Bucks.
Marc Lasry has a deep regret about bitcoin. The billionaire hedge fund manager has quickly realized that he should have stacked more bitcoin a few years ago. Marc Lasry Remains Bullish On Bitcoin Lasry, co-founder and CEO of Avenue Capital, told CNBC’s Squawk Box on Tuesday that although the bitcoin price could either spike to […]
Billionaire investor Marc Lasry supported crypto optimists, saying that the price of bitcoin could reach up to $40,000 as it becomes more accepted and easier to trade. With the growth of popularity of Bitcoin, only the lazy would not try to guess what its price woulb be in the future. Some believe Bitcoin will reach
Another billionaire investor has made bullish comments on bitcoin. Marc Lasry, the co-founder, chairman and CEO of Avenue Capital Group, an investment firm with $9. 6 billion in assets under management, weighed in on his bitcoin investment on CNBC Wednesday.
Price predictions, you may love them or hate them, but yet another billionaire has just added his name to a long list of Bitcoin predictions. Marc Lasry On Why Bitcoin Has The Potential To Hit $40,000 On Wednesday, billionaire Marc Lasry told CNBC that Bitcoin could reach $40,000 in the future, which would be a gain […]
The post Billionaire Marc Lasry: Bitcoin Could Hit $40,000 In The Upcoming Years appeared first on Ethereum World News.
Billionaire Marc Lasry said in an interview that Bitcoin might reach $40,000 in a few years. He revealed he invested in the cryptocurrency a few years ago.
An executive at the Avenue Capital Group has today stated that he thinks Bitcoin will eventually outperform its 2017 highs. Mark Lasry claimed that the asset is moving into the mainstream further and the launching of extra trading platforms will help drive the price to previously unseen levels.
Cryptocurrency exchange Coinbase has revealed that it has struck a sponsorship agreement with a basketball team starting this National Basketball Association (NBA) season. Related Reading: Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid The deal only shows that the intricate worlds of cryptocurrency and professional sports are becoming more intertwined […]
Drake's $500,000 Bitcoin bet on the Dallas Mavericks winning the NBA Finals has failed, and his similar wager on the Edmonton Oilers in the NHL Stanley Cup Finals is at risk, potentially leading to a total loss of $1 million in Bitcoin.
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