Mike Novogratz News and Articles

Despite strong sell-offs in the stock market last Thursday, bitcoin was able to stay above $19,000. On Friday, September 30, the largest digital currency is trading at $19,551. Galaxy Digital CEO Mike Novogratz believes that BTC held steady in September because the majority of investors left the...

Galaxy Digital CEO Mike Novogratz said in a recent interview with Bloomberg TV that he expects Bitcoin to stay within its recent price range as the industry hasn't seen large inflows of institutional capital. The businessman said he's doubtful that BTC will get through $30,000. According to him,...

Bitcoin proponent Mike Novogratz believes that the fall in the value of digital currencies was the result of his flood of alarmists and losers. Those companies and funds that collapsed in May and June were created as dubious and speculative projects that attract investment. This “bunch of...

Galaxy Digital CEO Mike Novogratz said in an interview that he does not believe in the possibility of reducing the price of the first cryptocurrency to $13,000. "Can we fall lower? Of course. There is a feeling that we have overcome this deleveraging by 90%. The problem is that further growth...

Galaxy Digital CEO Mike Novogratz said in an interview with Squawk Box that the crypto sector is close to the bottom after massive leverage positions were liquidated. He predicted that the market is close to the bottom. Novogratz assumes however, that the volatility will continue until a bullish...

Many experts look at the $20,000 mark as an important psychological level for bitcoin. For example, Arthur Hayes, the founder of the BitMEX exchange, tweeted earlier this week that if BTC falls below $20,000, then we are in for a deeper dive into the leading digital currency. Galaxy Digital CEO...

The Chief Executive Officer of Galaxy Digital, Mike Novogratz says equity and crypto investors will see difficulties. However, he's still positive about the growth of crypto adoption. Novogratz finds BTC will continue to be a real macro asset as it's a store of value. During the Piper Sandler...

Galaxy Digital CEO Mike Novogratz finds crypto prices will remain volatile at least for the coming quarters. In the company's earnings call on May 9, he said that more damage is expected to be done and the BTC price could fall below $30,000. Galaxy Digital, a financial services firm focused on...

Galaxy Digital CEO Mike Novogratz represents the so-called bitcoin bull camp. He periodically predicts that in the long term, the value of bitcoin will reach unprecedented heights. This week, the billionaire announced the rise of cryptocurrency to $500,000. Moreover, in his opinion, this will...

The CEO of the financial services and investment management company Galaxy Digital, Mike Novogratz says the world won't switch to bitcoin overnight, but we are entering the world where people will try to figure out what is the reserve currency, looking to different assets like gold and digital...

Galaxy Digital CEO Mike Novogratz has repeatedly stated that in terms of capitalization, Bitcoin will be able to bypass gold in the medium term. However, this week on Twitter, he unexpectedly called for an end to discussions about what is more important than precious metal or cryptocurrency. In his...

In the last 7 days, Bitcoin, Ethereum, and other cryptocurrencies saw a major decline, except for Chainlink LINK, Cosmos ATOM and some others. Bitcoin dropped by over 12%, and currently trades at around $42.400. The second largest crypto, Ether, declined by over 14%. Ether's price at the moment is...

Galaxy Digital founder Mike Novogratz advised in an interview the channel to remove Litecoin from the cryptocurrency rates panel and came under criticism from the community. Speaking with host Joe Kernen, the billionaire shared his optimistic expectations regarding cryptocurrency adoption. Galaxy...

During a talk program Squawk Box, Galaxy Investments CEO Mike Novogratz said that with increasing demand from institutions for Bitcoin, the volatility of the coin is likely to reduce. According to Novogratz, that is a good thing. In his opinion, BTC is a store of value and not a transactional...

In a recent interview with Bloomberg, the CEO of crypto-focused investment firm Galaxy Digital, Mike Novogratz talked about cryptocurrencies, NFTs, DeFi, the policy of the US Federal Reserve System, and what developments he expects. The businessman finds the lowest level that Bitcoin may fall is...

Investment banker, CEO of financial services company Galaxy Digital Michael Novogratz expressed his opinion about JPMorgan CEO Jamie Dimon's Bitcoin views. Dimon said recently he finds Bitcoin worthless but it's his personal opinion and has nothing to do with the fact that the bank's clients think...

Galaxy Digital CEO Mike Novogratz mentioned that investors do not need to fear the fall in the value of bitcoin. The main value of a cryptocurrency lies in its technology. We see the expansion of a qualitatively new ecosystem that is not subject to any state. Novogratz made similar statements...

In a recent interview with the Washington Post, Securities and Exchange Commission Chairman Gary Gensler reiterated the need for an early regulatory framework for the cryptocurrency industry. According to the head of the SEC, the US authorities will be able to apply the law on securities to this...