Bitcoin champion Michael Novogratz halts hedge fund plans, says the cryptocurrency may drop to …

He went on Twitter Friday to clarify his thoughts on bitcoin and other crypto assets. "To be clear, we delayed launching a hedge fund with outside investors capital last week because we didn't like market conditions for new investors," he said, adding that he remains bullish in the longer term. Novogratz …
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The bitcoin frenzy right now is like dotcom bubble in 1995, digital currency hedge fund manager says

Investors should be careful of the euphoria that's propelled bitcoin into the stratosphere, says BKCM founder Brian Kelly. "If you look at the internet in 1995, that's where you are in digital currencies," warns Kelly. Kelly who calls himself a "value speculator" in digital currencies and sees greater opportunity …
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Hedge fund manager Novogratz worried surging bitcoin price may attract government regulation

Former Fortress hedge fund manager Michael Novogratz says on CNBC's "Power Lunch" that bitcoin's sharp price gains could result in more government regulation. But Novogratz says "I think it's hard to shut down. … I don't think that's a probability." Bitcoin has soared more than 1,100 percent this year …
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New $100 Million Cryptocurrency Hedge Fund to Use XRP (

TechCrunch and CrunchFund founder Michael Arrington has announced he is going all in on cryptocurrency investments with a new hedge fund called Arrington XRP Capital. As the name suggests, the fund will be managed in Ripple’s XRP but it will invest in a wide variety of cryptocurrency assets and Initial Coin Offerings (ICOs) as well


Bitcoin could 'easily' reach $40000 by the end of 2018, hedge fund legend Novogratz says

"Bitcoin could be at $ 40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money." "Ethereum, which I think just touched $ 500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
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