Afghanistan Financial Crisis’ Solution Lies in Cryptocurrency, Suggests Mike Novogratz

Crypto advocates Mike Novogratz and Charles Hoskinson believe that cryptocurrencies could have eased the financial crisis in Afghanistan. After the Taliban invasion, locals and foreigners attempted to exit the country only to find their accounts under Taliban control. The situation proved that safe banking control and central governments take away financial freedom. Novogratz, in a recent investor call, warned of a foreseen wealth confiscation. He offered Bitcoin as a solution considering its decentralized nature. Charles Hoskinson also called an end…

Mike Novogratz Says Bitcoin Rally Will Continue To $100k in 2021

Sidelined Wall Street legend Mike Novogratz, founder and CEO of Galaxy Digital Holdings has recently predicted that the bitcoin bull run will continue until the asset's price hits $100,000. Bitcoin's Price To Double By Year-End In an interview with Bloomberg on Thursday, Novogratz said that bitcoin might stay within the $50,000 mark for a little while, but it will ultimately get to $100,000 this year. He said, "It feels like we’re going to consolidate a little bit in this US$50,000…

XRP is About to Revisit the Mid-March Crash Lows, Says an Analyst

The price action of all cryptocurrencies within the previous few days has been dull but that of XRP has been particularly poor. Bitcoin moved from the highs established at $10.1k last week to $8,709 at press time while XRP has declined by 18 percent within the same time frame. XRP’s poor performance brings fear of deeper correction in the weeks ahead as a trader suggests the possibility of retesting the price area close to the lows established during the market…

Bitcoin Continues on An Uptrend; Mike Novogratz Explains Why

Since December 2019, Bitcoin price is still surging from $6.4k to $10550 this week, as per Tradingview data. The coin experienced over 60% gains and performed better than other assets apart from ETH, XRP, and Tesla. Following the Bitcoin's incline, Mike Novogratz, the CEO of Galaxy Digital, explained the currency's upsurge to CNBC's "Closing Bell '' panel. Novogratz says that liquidy accelerates the crypto's uptrend. He said that low-interest rates set up by Central Banks and people pumping in money…

Mike Novogratz Is Assured Bitcoin Will Continue to Thrive In the Coming Times

This year, Bitcoin has surpassed many hurdles while performing beyond many people’s expectations. The performance has seen the cryptocurrency impressively move from $7k to $9k, an upsurge that took place only in weeks. At press time, BTC value was standing at the $9,355.88 mark. In a recent interview, Galaxy Digital’s Mike Novogratz spoke about his assurance that Bitcoin’s price would perpetually rise this year. Novogratz says the significant size of liquidity spreading around the United States economy combined with the…