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                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h233">Does the founder of Messari know the answer?</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h368">Ideas from the community</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h493">‘Why Ripple is better than Ethereum’</a></li></ul>
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On Monday, January 13, the price of the flagship cryptocurrency surged to the $8,500 area simultaneously with the news of CME starting off with <a href="https://u.today/cme-finally-launches-bitcoin-btc-options-will-crypto-market-be-affected-by-new-product">Bitcoin options trading</a> and overcoming the results of BTC futures on Bakkt on the first day.

At press-time, Bitcoin is sitting at the $8,700 level. The prominent Bitcoin bull and&nbsp;head of&nbsp;Galaxy Digital crypto bank has initiated a discussion on Twitter about the factors that prompted the BTC price to surge.

Does the founder of&nbsp;Messari&nbsp;know the answer?

Earlier today, founder of the Messari agency, Ryan Selkis, offered the crypto community the opportunity to pick a&nbsp;topic for discussion. He asked:

<blockquote>
“What should I write about this morning?”
</blockquote>

A lot of people rushed in to offer their advice, with <a href="https://u.today/mike-novogratz-says-he-should-be-worried-after-buying-bitcoin-btc-at-7700-this-chart-shows-why">Mike Novogratz</a> among them, offering to come up with ideas about where the new money pushing&nbsp;the <a rel="nofollow" target="_blank" href="#">BTC price up</a>&nbsp;is coming from.

<blockquote class="twitter-tweet">
Where is the new money that’s driving price appreciation coming from
— Michael Novogratz (@novogratz) <a rel="nofollow" target="_blank" href="https://twitter.com/novogratz/status/1217070229911633920?ref_src=twsrc%5Etfw">January 14, 2020</a></blockquote>


Ideas from the community

In the comment thread, many users suggested their own view, naming various triggers – from institutional investors to the cartel.

ShapeShift CEO Erik Voorhees stated that a price surge does not have to be caused by an inflow of new cash.

<blockquote class="twitter-tweet">
“New money” isn’t a prerequisite of prices rising.
— Erik Voorhees (@ErikVoorhees) <a rel="nofollow" target="_blank" href="https://twitter.com/ErikVoorhees/status/1217071216713924610?ref_src=twsrc%5Etfw">January 14, 2020</a></blockquote>


<a rel="nofollow" target="_blank" href="#">card</a>

‘Why Ripple is better than Ethereum’

Among other requests in response to the Messari CEO’s words ‘what should I write about this morning’, there were a couple of top topics for the crypto community today.

One was the eternal (it seems) argument, why ‘Ethereum is inferior to Ripple/Tron/EOS’. It came from Bitcoiner and&nbsp;‘Tron troll’ Udi Wertheimer – he suggested that&nbsp;Ryan Selkis writes about ‘why Ripple is better than Ethereum’.
Image via Twitter
The other day,&nbsp;Tron CEO Justin Sun <a href="https://u.today/justin-sun-to-pay-1-mln-trx-to-major-bitcoiner-tron-troll-ethereum-allegedly-does-the-same">offered Wertheimer 1 million TRX</a> for improving Tron’s reputation on&nbsp;social media.

Another relevant request came from&nbsp;Forbes contributor Biser Dimitrov – he asked for an explanation for the current pump of the BSV price. At the time of writing, the coin is posting a nearly 52-percent surge.
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                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h233">Does the founder of Messari know the answer?</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h368">Ideas from the community</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h493">‘Why Ripple is better than Ethereum’</a></li></ul>
    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    
On Monday, January 13, the price of the flagship cryptocurrency surged to the $8,500 area simultaneously with the news of CME starting off with <a href="https://u.today/cme-finally-launches-bitcoin-btc-options-will-crypto-market-be-affected-by-new-product">Bitcoin options trading</a> and overcoming the results of BTC futures on Bakkt on the first day.

At press-time, Bitcoin is sitting at the $8,700 level. The prominent Bitcoin bull and&nbsp;head of&nbsp;Galaxy Digital crypto bank has initiated a discussion on Twitter about the factors that prompted the BTC price to surge.

Does the founder of&nbsp;Messari&nbsp;know the answer?

Earlier today, founder of the Messari agency, Ryan Selkis, offered the crypto community the opportunity to pick a&nbsp;topic for discussion. He asked:

<blockquote>
“What should I write about this morning?”
</blockquote>

A lot of people rushed in to offer their advice, with <a href="https://u.today/mike-novogratz-says-he-should-be-worried-after-buying-bitcoin-btc-at-7700-this-chart-shows-why">Mike Novogratz</a> among them, offering to come up with ideas about where the new money pushing&nbsp;the <a rel="nofollow" target="_blank" href="#">BTC price up</a>&nbsp;is coming from.

<blockquote class="twitter-tweet">
Where is the new money that’s driving price appreciation coming from
— Michael Novogratz (@novogratz) <a rel="nofollow" target="_blank" href="https://twitter.com/novogratz/status/1217070229911633920?ref_src=twsrc%5Etfw">January 14, 2020</a></blockquote>


Ideas from the community

In the comment thread, many users suggested their own view, naming various triggers – from institutional investors to the cartel.

ShapeShift CEO Erik Voorhees stated that a price surge does not have to be caused by an inflow of new cash.

<blockquote class="twitter-tweet">
“New money” isn’t a prerequisite of prices rising.
— Erik Voorhees (@ErikVoorhees) <a rel="nofollow" target="_blank" href="https://twitter.com/ErikVoorhees/status/1217071216713924610?ref_src=twsrc%5Etfw">January 14, 2020</a></blockquote>


<a rel="nofollow" target="_blank" href="#">card</a>

‘Why Ripple is better than Ethereum’

Among other requests in response to the Messari CEO’s words ‘what should I write about this morning’, there were a couple of top topics for the crypto community today.

One was the eternal (it seems) argument, why ‘Ethereum is inferior to Ripple/Tron/EOS’. It came from Bitcoiner and&nbsp;‘Tron troll’ Udi Wertheimer – he suggested that&nbsp;Ryan Selkis writes about ‘why Ripple is better than Ethereum’.
Image via Twitter
The other day,&nbsp;Tron CEO Justin Sun <a href="https://u.today/justin-sun-to-pay-1-mln-trx-to-major-bitcoiner-tron-troll-ethereum-allegedly-does-the-same">offered Wertheimer 1 million TRX</a> for improving Tron’s reputation on&nbsp;social media.

Another relevant request came from&nbsp;Forbes contributor Biser Dimitrov – he asked for an explanation for the current pump of the BSV price. At the time of writing, the coin is posting a nearly 52-percent surge.
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    Original article based on tweet

    Mike Novogratz: Where Is ‘Bitcoin-Push’ Money Coming from?

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    article image
    Yuri Molchan
    While the Bitcoin price is holding in the $8,700 area, prominent Bitcoin bull Mike Novogratz is trying to figure out the reason for this sudden BTC price surge
    Tue, 14/01/2020 - 15:55
    Mike Novogratz: Where Is ‘Bitcoin-Push’ Money Coming from?
    Cover image via www.bloomberg.com
    Read U.TODAY on
    Google News
    Contents
    Advertisement

    On Monday, January 13, the price of the flagship cryptocurrency surged to the $8,500 area simultaneously with the news of CME starting off with Bitcoin options trading and overcoming the results of BTC futures on Bakkt on the first day.

    At press-time, Bitcoin is sitting at the $8,700 level. The prominent Bitcoin bull and head of Galaxy Digital crypto bank has initiated a discussion on Twitter about the factors that prompted the BTC price to surge.

    Does the founder of Messari know the answer?

    Earlier today, founder of the Messari agency, Ryan Selkis, offered the crypto community the opportunity to pick a topic for discussion. He asked:

    “What should I write about this morning?”

    A lot of people rushed in to offer their advice, with Mike Novogratz among them, offering to come up with ideas about where the new money pushing the BTC price up is coming from.

    Ideas from the community

    In the comment thread, many users suggested their own view, naming various triggers – from institutional investors to the cartel.

    ShapeShift CEO Erik Voorhees stated that a price surge does not have to be caused by an inflow of new cash.

    card

    ‘Why Ripple is better than Ethereum’

    Among other requests in response to the Messari CEO’s words ‘what should I write about this morning’, there were a couple of top topics for the crypto community today.

    One was the eternal (it seems) argument, why ‘Ethereum is inferior to Ripple/Tron/EOS’. It came from Bitcoiner and ‘Tron troll’ Udi Wertheimer – he suggested that Ryan Selkis writes about ‘why Ripple is better than Ethereum’.

    Ethereum VS Ripple
    Image via Twitter

    The other day, Tron CEO Justin Sun offered Wertheimer 1 million TRX for improving Tron’s reputation on social media.

    Another relevant request came from Forbes contributor Biser Dimitrov – he asked for an explanation for the current pump of the BSV price. At the time of writing, the coin is posting a nearly 52-percent surge.

    #Bitcoin News #Bitcoin Price Prediction #Mike Novogratz
    About the author
    article image
    Yuri Molchan
    Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.
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