25 Apr Former Hedge Fund Billionaire Picks Bitcoin Over Gold, Treasuries And The Dollar
Bitcoin and cryptocurrency investors are feeling bullish after a rocky start to the year.
The bitcoin price, trading more-or-less flat for 2020 so far, had rocketed in the first few months of the new decade but its rally was halted in its tracks by the coronavirus crisis.
Now, as bitcoin bulls eye the upcoming bitcoin halving—among other major developments on the horizon—former hedge fund billionaire-turned crypto investor, Michael Novogratz, has bet that bitcoin will outperform almost every other market over the next few months.
Michael Novogratz, a Wall Street veteran, has become one of bitcoin and cryptocurrency’s richest … [+]
“I’ll make a bet for dinner anywhere in New York City that bitcoin outperforms both [gold and treasuries] over the next three months,” Novogratz said via Twitter, replying to a report that all major currencies are…