{"id":4624,"date":"2024-01-04T08:23:16","date_gmt":"2024-01-04T01:23:16","guid":{"rendered":"https:\/\/wam.vn\/en\/?p=4624"},"modified":"2024-01-04T08:23:16","modified_gmt":"2024-01-04T01:23:16","slug":"2024-bitcoin-surge-predicted-novogratz-on-blackrock-etf-impact","status":"publish","type":"post","link":"https:\/\/wam.vn\/en\/2024-bitcoin-surge-predicted-novogratz-on-blackrock-etf-impact\/","title":{"rendered":"2024 Bitcoin Surge Predicted: Novogratz on BlackRock ETF Impact"},"content":{"rendered":"<p><em><strong>TLDR<\/strong>: Mike Novogratz predicts a massive surge in Bitcoin with BlackRock&#8217;s ETF approval, targeting $150,000 per Bitcoin as part of a global crypto revolution.<\/em><\/p>\n<p>This article is a summary of a You Tube video &#8220;BlackRock Is About To SHOCK The World&#8221; Mike Novogratz 2024 Bitcoin ETF Prediction!!&#8221; by Jamie Tree<br \/>\n<iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/q3Vr_eZB0y8?si=4QCjAnfkg61Sg_RT\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h3>Key Takeaways:<\/h3>\n<ol>\n<li><strong>Bitcoin&#8217;s Rapid Growth<\/strong>: Mike Novogratz emphasizes Bitcoin&#8217;s rapid growth and its nature as a &#8220;new asset&#8221;, likening it to a spreading virus.<\/li>\n<li><strong>Influential Support<\/strong>: The support from Larry Fink, CEO of BlackRock, for Bitcoin is highlighted as a major milestone for the cryptocurrency.<\/li>\n<li><strong>Competition in ETFs<\/strong>: There&#8217;s a mention of competition in the Exchange-Traded Funds (ETF) market involving major financial players like Invesco, BlackRock, Wisdom Tree, and Fidelity.<\/li>\n<li><strong>Adoption as Store of Value<\/strong>: Bitcoin&#8217;s increasing adoption as a store of value is underscored, with an optimistic outlook on its future growth.<\/li>\n<li><strong>SEC&#8217;s Role and Predictions<\/strong>: The imminent approval of the BlackRock Bitcoin ETF by the SEC is discussed, with a prediction of substantial capital influx into Bitcoin.<\/li>\n<li><strong>Bitcoin&#8217;s Price Target<\/strong>: Novogratz predicts a 400% increase in Bitcoin&#8217;s value, setting a price target around $150,000 per Bitcoin in 2024.<\/li>\n<li><strong>Bitcoin&#8217;s Brand and Impact<\/strong>: Bitcoin is described as a revolutionary brand, the largest in history, with a unique, decentralized, CEO-less structure.<\/li>\n<li><strong>Global Speculative Mania<\/strong>: The global reach of cryptocurrency, described as the first ever global speculative mania, is highlighted.<\/li>\n<li><strong>Digital Private Property Concept<\/strong>: Satoshi Nakamoto&#8217;s contribution to creating digital private property through blockchain technology is discussed.<\/li>\n<li><strong>The Future of Cryptocurrency and Technology<\/strong>: The potential for future applications of blockchain technology in various sectors, including voting and digital asset ownership, is explored.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Mike Novogratz predicts a massive surge in Bitcoin with BlackRock&#8217;s ETF approval, targeting $150,000 per Bitcoin as part of a global crypto revolution.<\/p>\n","protected":false},"author":3,"featured_media":4625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-4624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-39","description-off"],"_links":{"self":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/4624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/comments?post=4624"}],"version-history":[{"count":1,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/4624\/revisions"}],"predecessor-version":[{"id":4626,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/4624\/revisions\/4626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/media\/4625"}],"wp:attachment":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/media?parent=4624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/categories?post=4624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/tags?post=4624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}