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.
Lasry has an estimated $1.7 billion in his personal fortune, according to the 2018 World’s Billionaires List released by Forbes.
Although investors are betting on all kinds of cryptos, Lasry believes “the one will have the biggest market benefit is going to be bitcoin.”
One of the Wall Street’s most renowned “vulture” investors, Lasry said he has started investment in bitcoin a few years ago, but bought a lot more in the last year.
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
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.
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
Nasdaq and the CME Group have stepped up a joint effort to give big investors a single, regulated way to measure crypto markets. According to Nasdaq, the firms have reintroduced the Nasdaq Crypto Index as the Nasdaq-CME Crypto Index (NCI), a benchmark built to support products like ETFs and structured funds. The announcement was made […]
Crypto pundit NoLimit has explained why the Bitcoin, Ethereum, and Dogecoin prices have been dumping recently. He specifically raised claims of manipulation, with these crypto prices recording gains and then fully retracing those gains.
Ethereum’s momentum in institutional markets just hit a major roadblock. After months of enthusiasm surrounding spot Ethereum exchange-traded funds (ETFs), new data has shown that ETF flows have sunk to their worst monthly total since their launch.
SUI Group announced a key partnership with the decentralized exchange Bluefin to drive institutional adoption of crypto products on the Sui blockchain.
Wall Street was upbeat Tuesday, with Dow Jones Industrial Average rising more than 150 points and S&P 500 and Nasdaq jumping to record highs as Nvidia and a Microsoft-OpenAI deal boosted US stocks.
The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791. 68 while the US 100 Index reached 25,358. 15, both setting new all-time highs.
T. Rowe Price, the US asset manager with $1.8 trillion in assets, has filed to launch its first crypto exchange-traded fund, according to regulatory filings and market reports. The filing seeks registration with the US Securities and Exchange Commission for an actively managed product that would give investors exposure to a basket of digital tokens […]