tags/wall street

Jack Mallers: Bitcoin's Path to a Million Dollars in the Current Bull Cycle

Robert Kiyosaki Advocates for Bitcoin Investment Over Traditional Currency

Cryptocurrency Investment Strategies During Market Downturns

The Call to Battle Cryptocurrency-Driven Terrorism: Senator Elizabeth Warren Takes the Helm

Michael Novogratz, a well-known cryptocurrency enthusiast and founder of the Galaxy Digital investment bank, believes that large institutional investors will start investing in the cryptocurrency industry next year.

The creator of Dogecoin, Jackson Palmer expressed concern about the arrival of institutional investors in the cryptocurrency industry. In his opinion, such a development of events could turn a decentralized ecosystem into "Wall Street 2.0".

"This is why I never understand people getting excited about ETFs, Bakkt, etc. Goodbye to decentralized peer-to-peer cash. Hello to Wall Street 2.0." Palmer tweets.

The founder of the hedge fund Tetras Capital and former economist of Goldman Sachs Bank Brendan Bernstein argues that Bitcoin will help to burst the bubble of traditional finance. In a tweet on April 10, Bernstein supported the position of Bitcoin Foundation director Jon Matonis, who disagreed with the statements that Bitcoin is an economic bubble.

Michael Novogratz, former head of the hedge fund of the Fortress Investment Group, who recently became a cryptocurrency investor, noted that he believes that institutional investors are only a few weeks from the mass adoption of Bitcoin and the Ethereum.