Friday , March 29 2024
Home / Tag Archives: Michael Novogratz

Tag Archives: Michael Novogratz

Crypto Bull Novogratz: Why Fed Policy Will Push Bitcoin and Gold to New Highs after Spot BTC ETF Approval

Novogratz is not the only expert who expects Bitcoin price to skyrocket soon. One of the main reasons is that long-term holders are not selling off their positions According to Michael Novogratz, founder of digital asset management company Galaxy Digital, things may soon change for other stores of value like gold and Bitcoin (BTC) as the United States Federal Reserve changes course. In a Bloomberg interview, Novogratz shared optimism for these assets based on expectations that the Fed will...

Read More »

Crypto Stocks See Second Day of Significant Gains with Marathon Digital and Riot Platforms Leading Pack

Leading digital asset Bitcoin hit $30K for the first time in almost a year amid prevalent gains in crypto stocks. Crypto stocks are rising, with players Marathon Digital Holdings (NASDAQ: MARA) and Riot Platforms (NASDAQ: RIOT) leading gains. The duo is trading up at 11% and 15%, respectively, with prominent coin Bitcoin (BTC) also changing hands at $30K. As it stands, BTC price is up by more than 80% so far this year. Besides MARA and RIOT, other smaller crypto stocks also experienced...

Read More »

Michael Novogratz sieht eine Korrelation zwischen Wall Street und Bitcoin

Mike Novogratz Ist Bitcoin ein spekulativer Vermögenswert oder eine sichere Anlage? Wenn die Kryptowährung eine sichere Anlage wäre, hätte der Bitcoin-Preis nicht so stark auf die Unsicherheit durch den Coronavirus reagieren sollen. Hedge-Fonds-Manager Michael Novogratz verkündete auf Twitter, dass er einige Zweifel an Bitcoin als sichere Anlage hat. Er schrieb: „Wie hat sich...

Read More »

Galaxy Digital CEO Michael Novogratz to Offer “Cheap” Bitcoin Funds

Michael Novogratz will be launching two different bitcoin funds.Novogratz wants to bring “the wealth of America” into the crypto market.The new funds would offer cheaper services than what competitors are offering.Galaxy Digital Holding CEO Michael Novogratz is launching two bitcoin funds that target accredited and institutional investors who have been waiting on the sidelines for a cheap and secure service way to access the pioneer cryptocurrency.Bitcoin is hovering around $8,000. | Source:...

Read More »

China’s Crypto Revolution Might Undermine U.S. Reserve Status, Michael Novogratz Says

Photo: Acumen_ / FlickrIn recent weeks, China appears to be retracting its hard stand against crypto activities within its jurisdiction. Notably, even President Xi Jinping encouraged Chinese investors to take up blockchain and crypto activities in an attempt to diversify the Asian economy.These developments have made billionaire Michael Novogratz warn that the United State’s reserve status might soon be undermined by the Chinese revolution. In his statement, he insists that China is already...

Read More »

Michael Novogratz Warns China’s Digital Currency Revolution Might Undermine U.S. Reserve Status

China is on a fast track to becoming a global digital currency power. Billionaire Michael Novogratz warns that the country might undermine the United States’ reserve status. Some politicians are wary about embracing cryptocurrency networks. Billionaire Michael Novogratz has warned that the United States’ reserve status is likely to be undermined by China’s blockchain and cryptocurrency revolution. In the forewarning, he underscores that China is already ahead in some areas such as fintech,...

Read More »

Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund

After Wednesday’s crypto crash that left bitcoin trading at the $7,500 level, many investors never thought they’d see this kind of buying opportunity again. Now market leaders are predicting that the BTC price could have further to fall before regaining its upward momentum alongside improving fundamentals, which if they’re right could play out before the end of the year. Still the bitcoin price downturn has taken a toll on sentiment in the crypto market. As a veteran trader, bitcoin...

Read More »