Bitcoin Watch – Novogratz’s Galaxy Investment Partners calls for institutional investors

    Novogratz’s Galaxy Investment Partners’ Michael Novogratz, one of the most prominent investors in digital currencies, confirmed he doesn’t expect big increases in the price of Bitcoin until institutional investors are involved. Speaking in Bloomberg Television interview, Mr Novograts said: “One thing you learn in this process is that everything takes a little longer than you hoped it would. I don’t see us breaking USD10,000 by the end of the year.”

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