Galaxy Digital CEO, billionaire Mike Novogratz, said that excessive calls for Bitcoin (BTC) to hit $1 million will hurt the industry.
Mike Novogratz with podcast host Scott Galloway Prof G PodIn a recent interview in . Former Coinbase CTO in the past weeks Balaji Srinivasan made as a claim by Bitcoin It will reach $1 million in 3 months. Novogratz, targeting statements on the subject, expressed his concerns about the issue.
This kind your excessive calls that it will pit the cryptocurrency industry against US government officials and could put things in a more serious stalemate. while stating, in similar manipulative discourses not beneficial to the industry. stressed. Inviting everyone to be more sensitive in order for the crypto money industry to be integrated into the global economy in a healthy way, Novogratz continued his statement with the following statements:
Similar calls go no further than harming relations between the US government and the cryptocurrency industry. These rhetoric are not helping us as the US has already entered a rapid sanction process against the sector and the dollar is under a potential attack on a global scale.
Emphasizing the sensitivity of this period when the leading institutions of the crypto money industry are trying to establish a healthy relationship with regulators and countries that have a say, Novogratz said, Commodity Futures Trading Commission (CFTC) by BinanceHe also included his thoughts on the lawsuit filed against . not worried about the case While stating that he does not believe Binance is at risk and that most of the alleged violations before 2021 He added that it happened.
In his statement for the first time in February, he said that until the end of March, 30 thousand dollars Mike Novogratz, who made the forecast and was successful in this forecast, FED interest policies and Bitcoin (BTC) of the macroeconomic structure. T for 40 thousand dollarsHe claimed he could overcome.