Expert cryptocurrency investor Mike Novogratz said during a speech at Blockchain Week Korea that “a herd of institutional investors” is moving into the crypto space. His opinion is shared by other experts, like Ethereum co-founder Charles Hoskinson who says tens of trillions of dollars will be invested into crypto from institutional investors. If this is accurate, it could lead to the biggest crypto rally in history by far since the total crypto market cap is still below USD 300 billion as of this writing on 23 July 2018.
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