Next Bitcoin bull run to be half story, half utility — Mike Novogratz at Token2049

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Next Bitcoin bull run to be half story, half utility — Mike Novogratz at Token2049
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Galaxy Digital CEO novogratz affirmed at Singapore's Token2049 that the next Bitcoin rally will require fast and scalable systems.

Compared with previous bull runs, the next Bitcoin rally will have to be more focused on utility and less on the story, Novogratz predicted during a panel at the Token2049 crypto event on Sept. 28.

In contrast to the aforementioned cryptocurrency bull runs, the next Bitcoin rally will have to be “50% story, 50% utility,” Novogratz predicted, stating:

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