After accurately predicting the $10,000 milestone, hedge fund manager Michael Novogratz threw out one other prediction: that Bitcoin worth could go 4 instances by the top of 2018 and cross $40,000. In accordance with him, excessive demand from Asia and a restricted supply of the cryptocurrency had result in cryptocurrency’s exuberant progress.
WASHINGTON, Sept 10 (Reuters) – The U.S. Treasury Department met with a variety of business contributors this week to quiz them in regards dollar to bitcoin the risks and advantages posed by stablecoins — a rapidly rising kind of cryptocurrencies, the worth of which is pegged to conventional currencies, in accordance to three individuals with direct knowledge of the conferences.
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