Bitcoin will reach new highs with the arrival on the market of institutional investors in the first half of 2019. About it in interview of Bloomberg was declared by the founder of the Bank Galaxy Digital and cryptocurrency investor Mike Novogratz.
He also confirmed his last cryptophones — the price of bitcoin will overcome the mark of $10 000 to the end of the year.
In addition, Novogratz noted that Fidelity Digital Assets, new platform for trading bitcoin and Ethereum from Fidelity Investments, will play an important role in the history of the first cryptocurrencies.
According to him, a division of Fidelity Investments offers solutions to storage assets and thus attract institutional investors in kriptonyte. He added, however, that this will not happen immediately. The platform will undergo a number of tests before it earns the trust of major players in the financial world, says Novogratz.
“The platform from Fidelity will probably start in January or in the first quarter of 2019. Then have to drive the water through the pipes, so I think the infusion of institutional money in scriptactive you can expect at the end of the first quarter or early second”, — he said.
We will remind, in September, Mike Novogratz was sure that bitcoin is ready for explosive growth.