Billionaire and ex-fund manager Mike Novogratz has restated his belief that bitcoin will end the year at $10,000, adding that ethereum could close at $500. Speaking with Bloomberg Daybreak: Americas yesterday, Novogratz said that "I think we'll hit a new high soon ... we'll end the year at $10,000 in bitcoin." Ethereum, the second largest cryptocurrency by market value, will also reach a new high soon of "close to $500."
Novogratz further played down the recent Tether hack, in which over $30 million-worth of tokens were stolen, noting that "these are all very young experiments."
Notably, the billionaire told Bloomberg that he has invested in initial coin offerings or ICOs, including one launched by the WAX digital asset exchange.
Lees het hele artikel van Suhja Sundararajan op Coindesk.
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