The US government holds Bitcoin on its balance sheet in 6 months: predicted Mike Novogratz

Bitcoin price Remember week to week, oscillating about $ 97,650 after culminated at $ 109,000. This occurs after two weekends of high volatility, traders stopping to reassess their positions following a significant liquidation event. Jake O. De Wintermute, OTC noted that the slowdown reflects tighter trading ranges and a lack of fresh stories specific to cryptography. With growing rumors to add Bitcoin to the American balance sheet to many cryptographic companies in public, the market is expecting many events this year. Let’s see what analysts think of these growing claims.

Novogratz predicts a wave of cryptography lists

In the downward trend, Galaxy Digital PDG Mike Novogratz Mike Novogratz Michael Noogratz is a businessman and Bitcoin Blockchain technology, investor. He is the CEO of Galaxy Investment Partners and the cryptocurrency investment company. Initially reserved to start its Galaxy Digital Resources fund on December 15, 2017, it removed plans because it did not like market conditions. He said 20% of its net value was in Bitcoin and Ethereum. He made $ 250 million in cryptocurrency from 2016 to 2017. Galaxy Digital Holding Ltd. is one of the few cryptocurrency companies necessary to publish financial results. During the first nine months of 2018, the organization lost $ 136 million in exchange for digital currencies. In 2017, he contributed $ 80 million to funding to the Bitfury technology company. In September 2017, it was registered in No. 317 on the Forbes 400 with a net value of $ 1.5 billion. 962 was classified on the list of world billionaires in March 2008 with a net value of $ 102 billion. The same year, he became a member of Kappa Beta Phi, a secret company of Wall Street made up of rich financial executives. He will probably remain busy becoming aware of crypto and blockchain as well as working with global controllers to lead the reception of cryptography among the majority. He said that his New Year’s goal for 2022 was to “compete for constantly evolving administration at Congress that the crypto is moderate”. InvestorGeneral managerBoard of Directors shared interesting perspectives for the recent Ondo summit. He predicted that in May or June, several companies could become public, thanks to a new dry environment. Galaxy Digital himself waited for 4.5 years to list, highlighting the potential wave of companies related to cryptography that soon strikes the New York stock market or the NASDAQ.

This year is different, under the direction of Trump, the American economy and the low borrowing rates create an optimistic path for public lists. Last month, vice-president of Nyse, Chris Taylor’s announcements, foreseen A boom of the IPOs, citing increased interest in cryptocurrency companies. Taylor has expressed his hope for regulatory improvements in the new dry leadership could further rationalize the stock market Introduction process for innovative blockchain companies.

High -level crypto gatherings point out a bullish feeling

Continuing, Novogratz also predicted that Bitcoin could appear in the American government’s balance sheet within six months, cement its role of reserve of value. He even mentioned lunch with the head of one of the greatest sovereign funds, which was ready to invest $ 500 million in post-electoral bitcoin, reporting an increasing institutional interest.

• Read also:
• Cardano and Graycale Sparks New Hulish feeling, increasing Ada Price
• ,,

Address the debate to the Crypto bubble

Founder of Pantera Capital and more and more Dan Morehead created Pantera Capital in 2003 as a worldwide worldwide in -scale after 10 years, in 2013, the company suffered an absolute change of brand when it began to put resources in blockchain and currency digital. Today, Pantera Capital is one of the most visible blockchain commercial companies in the United States and one of the largest institutional owners of advanced resources. In addition to offering some reserves centered on the crypto, the division of investments in venture capital of Pantera has put resources in more than 50 blockchain organizations, including Bitstamp, Ripple, Bakkt, Xapo, Bitgo and Shapeshift. He has more than 25 years of participation as a common supervisor and monetary advisor. Before launching his organization, he held firm in various administration and leadership stations at Bankers Trust, Deutsche Bank and Goldman Sachs. He graduated from Magna Cum Laude in structural design of Princeton University in 1987. Details: Organization: Pantera Capital Place: United States Education: BSE, in Civil Engineering of Princeton University Skills: Hedge Funds and fixed income: Founder, Directorial Partner at Pantera Capital of 2003 – Current member of the Bitpesa Board of Directors from February 2015 – Current president at Bitstamp from 2014 to 2018 Co -founder and chief executive officer at Atriax from 2000 to 2002, financial director and chief of macro-exchanges in Tiger Management from 1996 to 2000 EntrepreneurConsultantGeneral managerBoard of DirectorsPresident Also spoke in the panel, responding to concerns concerning a bubble of potential cryptography. He argued that it is premature to call it a bubble when institutional assets blockchain remain minimal. Morehead stressed that if even a small part of the 500 billions of dollars in world assets enters crypto, the market could see substantial growth. He expects this change to start this year, on the basis of recent discussions with institutions that warm up for cryptographic investments.

Novogratz has recognized the possibility that Bitcoin plunges $ 80,000, but considers this as an opportunity to buy rather than a sign of weakness. According to him, such fluctuations do not undermine the long -term potential of cryptographic space.