- Mike Novogratz poked a little fun at CNBC while speaking to rival Bloomberg about the crypto hype that marked the very beginning of 2018.
- "CNBC, not to pick on CNBC, but I think I can since I am here," Novogratz said.
- He said a segment about buying Ripple's XRP epitomized the "peak nonsense" of the bitcoin mania that swept financial media and markets.
Mike Novogratz, the famed hedge funder turned crypto-enthusiast, poked a little fun at a segment on financial news network CNBC when describing to rival Bloomberg News the crypto hype that marked the very start of 2018.
"CNBC, not to pick on CNBC, but I think I can since I am here, they literally had a show where they were one by one walking people through how to buy the Ripple, the XRP coin, literally when it was trading at $3.20 having moved from $0.20 8 weeks earlier," Novogratz said speaking to Bloomberg's Erik Schatzker.
See the rest of the story at Business Insider
See Also:
- A secretive Chicago trading firm is planning to move bitcoin trading out of chatrooms and into the 21st century
- 'The platform is under extreme load:' Cyber attack brings major cryptocurrency exchange to its knees
- A stock exchange behemoth is quietly powering crypto markets across the world
from Business Insider https://ift.tt/2M3scPR
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