According to the Galaxy Digital CEO, institutions have a greater opportunity to buy Bitcoin currently in circulation, driving up the price.
Category: Mike Novogratz
9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash, and Circle’s popular stablecoin. This week Mike Novogratz asked his Twitter followers out […]
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Zero to $318,000: Proponents and Detractors Give a Variety of Bitcoin Price Predictions for 2021
While bitcoin has jumped well above the $26,000 zone, a number of crypto proponents are extremely bullish for the crypto asset’s performance in 2021. During the last year, a number of pundits, experts, luminaries, and speculators have predicted bitcoin’s 2021 value after the digital currency has experienced a phenomenal year in 2020. 2021 Bitcoin Price […]
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Novogratz hopes Biden admin reverses Trump’s anti-crypto stance
Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.”
XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At the time of writing, the fourth-ranked […]
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Mike Novogratz has 50% of net worth in crypto, advocates up to 5% for investors
“I think a new investor could put 5% into Bitcoin. Bitcoin’s not going back to zero.”
Bitcoin adoption is the main key right now, Novogratz says
Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours.
Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitcoin
Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect its price to drop to […]
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Galaxy Digital CEO recommends investing up to 3% of one’s net worth into Bitcoin
“Look at it in five years, and it’s going to be a whole lot more,” opined Novogratz.
Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund in Canada
Galaxy Digital, the crypto investment management firm founded by bitcoin bull Mike Novogratz, has revealed plans to launch a bitcoin fund in Canada. In a statement published Nov. 16, Galaxy Digital said it has partnered with major Canadian fund manager CI Global Asset Management for the launch. The fund is called the “CI Galaxy Bitcoin […]
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