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 …
Google Alert – bitcoin

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 …
Google Alert – bitcoin