Latest News

Matt Hougan, Bitwise CIO Mentions Investor’s Interest Altcoins Ready For Bull Run

Matt Hougan, The chief investment officer of Bitwise Asset Management mentions the altcoins with Investor’s Interest.

Furthermore, during an interview with Bloomberg Technology’s Emily Chang, Matt Hougan notes why he’s bullish on Ethereum (ETH), Solana (SOL) and Polygon (MATIC).

“I think we’re going to see this sort of Cambrian explosion of activity built on Ethereum…”
“and other Layer 1 solutions. I think investors are going to be looking at Ethereum,…”
“they’re going to be looking at Solana, they’re going to be looking at Polygon.”

More so, Matt Hougan notes that Bitcoin investors has eyes beyond the top Cryptocurrency.

“We’re seeing a lot of investors who put their ton in the water with Bitcoin in 2020, 2021…”
“starting to realize there’s more to crypto than just Bitcoin…”
“If there’s one biggest story for next year, it’s going to be everything else.”

Then, Matt Hougan continues.
“It’s going to be crypto as decentralized finance (DeFi), crypto as non-fungible tokens (NFTs),..”
“crypto as web 3.0, crypto as the metaverse. That’s what we’re hearing from investors.”

“What is there beyond Bitcoin? That’s what I’m most bullish about for 2022.”

Additionally, on the issue of choosing between Bitcoin and Ethereum, Matt Hougan confirms he’s going all in for Ether.

“I’m on the Ethereum side… I love all my children equally but if you pin me down,…” “Ethereum was the asset of the year. This year, I have a reasonable degree of confidence…”
“that it will continue to play that in the future. There’s just so much positive activity taking place in and around that blockchain right now.”

Galaxy Interactive Rises Additional $325M Fund For Metaverse and Next Gen…>>

Related Posts – Bank DBS’s Crypto Business Grows Massively Due To Growing Demand From Investors

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.