Mike Novoghatz -Teo de Galaxy Digital ( – (Galaxy Digital) is able to strongly start the price of the Bitcoin currency if it turns out that the candidate expected for the American federal presidency adopts a facilitative monetary policy.
Main points:
- Mike Noogs believes that the appointment of one of the adopters of the monetary facilitation policy of the federal presidency can represent the “most powerful bitcoin), which could pay the price to start at $ 200,000.
- Novogs warned that such a change could affect the stability of the American financial system, but it can have huge gains for the Chipto market.
- Market reactions can remain light until the official announcement of the candidate’s name, and some analysts think that the risk of weakness looks at the US dollar.
During his speech in an interview on YouTube with the Kyle Chasse, Novograzels indicated that the potential appointment of one of the adopters of monetary facilitation policy to succeed Jerome Powell on the siege of the Federal Reserve as a decisive moment in digital motivations, adding an advertisement like this “.
Novujurat: transformation into facilitation into cash can trigger a good start of the crack market
Novuogs spoke of the transformation of monetary facilitation – especially if it implies a stronger reduction in interest rates – it can light a strong price and continued, saying: “Can the price of bitcoin reach $ 200,000?
According to reports, President Donald Trump examines the list of potential candidates who include Kevin Hassett and Kevin Warsh to succeed Powell, each of them adopts different opinions on monetary policy. For example, Wald called to accelerate the reduction in interest rates in July this year.
For his part, Noogsz has confirmed that such a scenario will have major repercussions, explaining that it could “do a lot of trouble in the United States” and warn that federal independence can be dangerous. However, the short -term effect on Bitcoin can be doubled, it is expected that “the price of gold is highly high and with the price of bitcoin” if it is confirmed that a candidate supporting the follow -up – of serious political facilitation policies is confirmed.
It should be noted that these comments reflect the concerns of market monitors, where Daleep Singh – Vice -president of PGIM fixed income – recently declared that the Federal Open Market Committee (FOC) could change radically after 2026, highlighting the risks of American Dollar Mint (USD), explaining that the risk balance tends to be next to the weakness. “”
According to Novujozuzz, market reactions can remain minor until this appointment becomes official, adding: “I don’t think the market will believe that Trump will take such reckless measures until it really takes it.”
The first federal reduction procedures for interest rates – which reached 25 basic points in September – came largely compatible with expectations, and if the stages of the next president accelerate in this sense, this can increase the wave of recycling investments to digital currencies and that novogs have stressed: “The position is completely turned if this scenario is carried out.”
Hex Trust CEO: American Banks will soon provide Bitcoin related services (Bitcoin)
Alysio Quaglini, CEO of Hex Trust, believes that American banks are about to adopt Bitcoin on a large scale as soon as the organizational scene is clarified, expecting that during the months, the majority of American banks will provide static conservation, negotiation and deposit services for Bitcoin owners, adding that American regulatory measures represent the ” institutional.
Hex Trust was created in 2018 and provides institutional services linked to static preservation, trade, loans and mortgages via Asia, the Middle East and Europe, and has more than 200 employees who facilitate the completion of institutional agreements between a million users, and the company aims to reach revenues of $ 20 million by 2025 and the measure The public subscription is studied in the future.
In addition, Kajalini also believes that stable currencies have reached fluctuous scales because they can replace the SWIFT system which facilitates international payment operations. Unlike the circus companies listed in the United States, depending on the commercial activities of small investors, the HEX Trust strategy focuses on the supply of institutional infrastructure and the avoidance of direct exposure to the fluctuations in the Circasso markets.
The announcement of the name of the name of an indulgent candidate to resume the federal presidency can stimulate the launch of the Bitcoin-BTC price, according to Novogratz, appeared first on Arab Cryptonews.