‘Crypto market could rise again in upcoming months’ says Bitcoin bull “Mike Novogratz”

‘Crypto market could rise again in upcoming months’ says Bitcoin bull “Mike Novogratz” Bitcoin bull Mike Novogratz thinks cryptocurrencies could rally again soon. The Galaxy Digital CEO and founder thinks crypto hit its bottom earlier this month and will rally 30% by the end of the year. Galaxy and Bloomberg launched the Bloomberg Galaxy Crypto Index in May. The index tracks the performance of 10 digital currencies, including Bitcoin and Ethereum. Bitcoin surged to almost $20,000 late last year, then lost almost two-thirds of its value in 2018. When Novogratz…

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World’s Largest Cryptocurrency Company Bitmain’s invested in EOS

World’s Largest Cryptocurrency Company Bitmain’s invested in EOS The world largest cryptocurrency company, valued at $12 billion, Bitmain have invested in block.one the development firm behind EOS. Jihan Wu, the co-founder and CEO of Bitmain, who is expecting to close a $12 billion initial public offering this summer, said in an official statement that the EOS protocol has shown significant innovation over the past year, with its focus on creating a scalable ecosystem for decentralized applications and commercial decentralized platforms.she said: “The EOSIO protocol is a great example of blockchain…

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Japanese Exchange Coincheck Eyes America for Expansion

Coincheck, the Japanese crypto trading platform that found new owners after it was hacked earlier this year, is now planning to offer services on the US market. The exchange expects to be licensed in Japan next month, according to the chief executive of Monex, the online brokerage which bought the troubled company last month. Coincheck’s US Plans – Part of the Comeback Recognizing the need to “study carefully” the legal framework for cryptocurrencies in the US, Japanese exchange Coincheck is planning to expand its operations and its customer base in…

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