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Crypto news in brief (December 20, 2018): Arthur Hayes, Mike Novogratz, Atari mobile games, BBVA

December 20, 2018 By Crypto Reporter

– Bitcoin has the potential to become a new asset class in the next ten years, believes Arthur Hayes
– Mike Novogratz predicted the price of bitcoin for the foreseeable future
– Analysts from JPMorgan Chase believe that the prolonged crypto bear market is scaring off institutional investors
– Popular mobile games RollerCoaster Tycoon Touch and Goon Squad will have blockchain versions
– BBVA has closed a €150 million term loan for Porsche Holdings using blockchain technology

Bitcoin has the potential to become a new asset class in the next ten years, believes Arthur Hayes, CEO of major crypto derivatives platform BitMEX.

***

Mike Novogratz, founder of Galaxy Digital, said the price of bitcoin is likely to stay between $3,000 and $6,000 in the foreseeable future.

***

Analysts from investment bank JPMorgan Chase believe that the prolonged crypto bear market is scaring off institutional investors.

***

Animoca Brands, developer and publisher of games and other apps for smartphone and tablet devices, will produce and publish blockchain versions of the popular Atari mobile games RollerCoaster Tycoon Touch and Goon Squad.

***

Major Spanish bank BBVA has negotiated and closed a €150 million term loan for Porsche Holdings using blockchain technology.

Filed Under: General News, News Tagged With: Arthur Hayes, Atari, BBVA, cryptocurrency, Mike Novogratz, news, news in brief

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