Tag Archives: mike novogratz

Michael Novogratz, the founder and CEO of Galaxy Digital, believes the crypto space is lackadaisical right now due to low participation from institutional investors. During an interview with CNBC, the American investor said the market lacks enthusiasm as most of the recent activities in the space are coming from retail buyers while large-scale players are withdrawing. “Quite frankly, crypto is lackadaisical, I’d say. There’s a constant bid from retail. We’re seeing it through...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has been on a roll since the beginning of the year. The world’s number one digital currency has recently reached a price of about $30K per unit (for the first time in about ten or 11 months), and it seems like 2023 is set to be a year of healing for the asset. Now, Mike Novogratz – a bitcoin bull and...

Galaxy Digital turned profitable in the first quarter of the year as the markets improved. Its founder and CEO, Michael Novogratz, revealed that the crypto financial services firm ended Q1 2023 with a liquidity position of $814 million. According to an official press release, Galaxy Digital reported $134 million in net income for the same period as compared to a net loss of $288 million in the fourth quarter of 2022. The income was attributed to the gains on digital assets as...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin bull and hedge fund manager Mike Novogratz has gotten into a bit of a battle with top economist Steve Hanke over bitcoin. The latter is against it, while the former is practically willing to bet everything he has on the asset. Mike Novogratz Comes to Bitcoin’s Aid In a recent tweet, Hanke took aim at...

Mike Novogratz – a bitcoin bull, billionaire investor, and the man behind Galaxy Digital – says if there was ever a time for residents of the United States to get involved in bitcoin, that time has come. Mike Novogratz on the State of the U.S. and Bitcon Novogratz is terribly concerned that another major financial collapse – similar to the one seen in 2008 – is coming. He believes the fall of three of the country’s biggest banks (Silicon Valley, Signature, and...

Despite several headwinds in 2022, Novogratz said that the company continues to lead from a position of strength, remaining open for business for our clients and counterparties. On Tuesday, March 28, Canadian investment firm Galaxy Digital, operated by Wall Street veteran Mike Novogratz, reported a pre-tax profit of $150 million from January 1, 2023, through March 24, 2023. This is a major sign of optimism for the crypto firm which reported $1 billion in net losses for the last year 2022....

Mike Novogratz – a bitcoin bull and billionaire behind the hedge fund Galaxy Digital – is confident about BTC’s sudden price increases. He believes the currency could hit $30K in the coming weeks, and he’d be extremely “happy” if the asset stayed at that price through the end of the year. Mike Novogratz Doesn’t Think 2023 Will Be a Year of Huge Gains At first glance, this doesn’t sound like the opinion of a true bull. One who falls into this category would likely think...

2023 is slated to be – according to various analysts – the year in which bitcoin and the crypto market heal themselves, but per Galaxy Digital CEO Mike Novogratz, things aren’t going to work out that way. Mike Novogratz: Not Much Will Happen This Year The bitcoin bull says that while 2023 will open the door to some of the healing these analysts expect to see, we aren’t going to witness any serious bull runs, nor will the digital asset space endure serious levels of...

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Crypto proponent and CEO of Galaxy Digital, Mike Novogratz, commented on the fiasco between two industry participants – Digital Currency Group (DCG) and Gemini – and how it will affect the entire market. The American investor noted that although the issue “isn’t good news” for the industry, it won’t involve massive selling that will affect crypto prices as it plays out over the next quarter. The DCG-Gemini Fiasco Recall that the DCG debacle started in the wake of FTX’s...