Mike Novogratz On Financial Institutions Entering The Crypto Market: Bitcoin Will Spike In 2019

2018-11-27 22:17

Mike Novogratz Says That Financial Institutions Will Come On Board And Crypto Market Will Spike In 2019

Mike Novogratz, a former partner of Goldman Sachs and the founder of Galaxy Digital, expressed optimism in cryptocurrency, saying that the market will eventually spike in 2019 after financial institutions come on board.

According to Novogratz, the bearish trend being experienced now will not last for long, and that a flip is around the corner. In his opinion, this year has been very challenging for the cryptocurrency market.

Starting A Crypto-Focused Business A Challenging Endeavour

Because of the plunging prices of most cryptocurrencies, Novogratz agrees that starting a crypto-focused business could be a real challenge now. There has been a lot of anxiety among investors because of the dwindling market prices, with many of them seeing any kind of investors in the sector as a draining affair.

Cryptocurrencies See A Big Hit In 2018

2018 hasn’t been the best year for cryptocurrencies as most coins have shed double digit percentage since the previous peak of 2017. Bitcoin in particular managed to briefly trade at $20 in December 2017, but started showing bearish signs in early 2018. Overall, the digital currency has shed off a whopping 80% trading below $3k.

Institutions To Rescue The Ailing Cryptocurrency Market

Even though the cryptocurrency market appears to be plunging every day with no much hope of recovering soon, Novogratz believes that 2019 will be a great year for the market. According to him, big names in the finance sector will enter the cryptocurrency space in the first quarter of 2019. The new money will help the ailing cryptocurrency market, seeing it gain tremendously.

Novogratz also believes that there will be a notable flip next year following a major bull run of the cryptocurrency market.

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novogratz 2019 → Результатов: 22


Новограц ожидает разворот и рост крипторынка в 2019 году

Миллиардер Майк Новограц (Mike Novogratz) в интервью Financial Times заявил, что ожидает разворот и рост криптовалютного рынка в 2019 году. При этом партнер и основатель Galaxy Digital добавил, что в 2018 году его компания столкнулась с рядом вызовов, поскольку ей пришлось создавать бизнес на фоне медвежьего рынка, однако он верит в ее перспективы в долгосрочной перспективе. Новограц считает, […]

2018-11-26 11:30


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Майк Новограц: В начале 2019 года биткоин достигнет $10 000

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2018-11-6 04:50


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Майк Новограц рассказал, сумеет ли bitcoin превысить $10 тысяч

Американский миллиардер, гендиректор и основатель инвестиционной компании Galaxy Digital Capital Management Майк Новограц (Michael Novogratz) считает, что в этом году bitcoin не удастся преодолеть отметку в $10 тысяч.

2018-10-17 09:57


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Ex-Goldman Sachs Partner Sees Institutional Flows Into ‘Purely’ Cryptoassets By Early 2019

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2018-10-17 22:00


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Новограц прогнозирует рост биткоина на 30% к концу года

Основатель и глава компании Galaxy Digital миллиардер Майк Новограц (Mike Novogratz) в интервью CNNMoney заявил, что к концу года, по его мнению, биткоин вырастет на 30%, а в 2019 году его ожидает новый стремительный рост.

2018-9-27 11:13