Relevant:
- Novogratz Is Set for Comeback With Cryptocurrency Hedge Fund
- Fundstrat's Tom Lee says he's a buyer of the bitcoin pullback, Targets $20k
- Regulator allows bitcoin futures trading on major U.S. exchange starting this month
- Bitcoin: What's driving the frenzy (OVER $16k--THANKS FOR THE TRASH TALK, GREENSPAN ET AL?)
- Bitcoin Surges After CME Announces Launch of Futures Contracts
2017-11-27 — bloomberg.com
...
Hedge fund manager Mike Novogratz, who is starting a $500 million fund to invest in cryptocurrencies, said last week that bitcoin would end the year at $10,000. A day later, Fundstrat head of research Thomas Lee doubled his price target to $11,500 by the middle of 2018.
In a move toward mainstream investing, CME Group Inc. has said it plans to start offering futures contracts for bitcoin, which could begin trading in December. JPMorgan Chase & Co., the largest U.S. bank, was weighing last week whether to help clients bet on bitcoin via the proposed futures contracts, according to a person with knowledge of the situation.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
