Tag Archives: mike novogratz

Galaxy Digital has won the auction for GK8 – a crypto custody platform to be sold as part of bankruptcy proceedings for the insolvent crypto lender Celsius.  Galaxy will utilize GK8’s custody solution as it develops GalaxyOne – its own institutional prime offering.   As announced by Galaxy on Friday, GK8 founders CEO Lior Lamesh and CTO Shahar Shamai will remain to lead Galaxy’s custodial tech business, while providing self-custody solutions for GalaxyOne as well.  “With the...

In its recently released third-quarter earnings report, crypto financial services firm Galaxy Digital revealed that it holds over $76 million worth of exposure to FTX, the mainstream crypto exchange that is now experiencing a liquidity crisis.  Per the report, the $76.8 million of exposure is comprised of both cash and digital assets. Within that, $47.5 million is still in the withdrawal process. FTX appears to have stopped processing withdrawals on Tuesday after the company...

Mike Novogratz – the billionaire investor and head of hedge fund Galaxy Digital – has stated that if Jerome Powell and the Federal Reserve give up the fight against inflation, bitcoin could likely exceed all expectations and rise back up through the roof. Mike Novogratz Wants to Save Bitcoin In an interview, Novogratz commented: If he gives up this fight, you’re going to see bitcoin and other assets take right back off. Inflation is at a 40-year high in countries like...

With inflation at an all-time high and running rampant like never before, it appears crypto at least has some sort of voice regardless of how thin or quiet it might be. Inflation Is Getting Worse and Worse Inflation has gone crazy under incompetent leaders like Joe Biden. As a result, fiat currencies all over the world from USD to the euro to the pound have suffered greatly, and the Fed has been forced into a position of continually having to hike rates. This has led to...

Bitcoin-Preis bald auf 500'000 US-Dollar? Michael Saylor prophezeit Bitcoin-Preis in Höhe von 500.000 Dollar – dagegen malt CoinShares für 2022 ein dunkles Bild. Trotzdem, genau jetzt könnte ein ziemlich guter Zeitpunkt sein, um etwas Bitcoin zu kaufen. Aber nun mal der Reihe nach. Wie kommt Michael Saylor auf einen derart hohen Bitcoin-Preis? Wenn man dem BTC-Optimisten Michael Saylor glauben darf, ist der Boden für den Bitcoin erreicht und wir...

Mike Novogratz – Founder and Chief Executive Officer of Galaxy Digital – thinks cryptocurrencies have been more resilient in the past month because many forced sellers left the industry. In addition, he spoke about Do Kwon and his problems with numerous law authorities. Novogratz hopes the South Korean could cope with the issues, describing him as a highly intelligent individual. Crypto Lacks the Energy of the Equity Market In an interview for Bloomberg, the American...

Despite falling prices and the overall dying positions of the crypto space, bitcoin bull and gazillionaire hedge fund manager Mike Novogratz recently commented that bitcoin is still a solid asset that’s worth holding. Mike Novogratz Remains Loyal to BTC The crypto space has been suffering heavily over the past few months. The world’s number one digital currency by market cap, for example, reached a new all-time high of more than $68,000 per unit ten months ago in...

Mike Novogratz and Galaxy Digital have always been there to support bitcoin. There’s no doubt about this, but has bitcoin been able to support them? Following the company’s recent Q2 reports, it appears BTC is abandoning both figures. Mike Novogratz Is Feeling the Burn Galaxy Digital is reporting that it lost more than half a billion in quarter two of 2022, nearly triple its losses for the same period in 2021. The company – which has become so tied to bitcoin – has...

Bitcoin bull and hedge fund gazillionaire Mike Novogratz stirred controversy on social media when he used the recent Supreme Court decision to repeal Roe v. Wade to promote bitcoin. Mike Novogratz Takes Political Flak The decision – which occurred just a few weeks ago in late June – led to heavy protests on the left side of the political spectrum and cheering on the right. The repeal of Roe v. Wade severely limits one’s access to abortion rights in the United States...

Mike Novogratz, der Gründer von Galaxy Digital, wagt einmal mehr eine ziemlich interessante Prognose: Der Bitcoin-Kurs wird die 500’000 US-Dollar-Marke knacken. Es kann sich also lohnen, hier, jetzt und heute, in Bitcoin zu investieren. Galaxy Digital founder and CEO Michael Novogratz sees growing demand for cryptocurrencies and says there is „zero chance“ Russia can use crypto to circumvent sanctions. Novogratz also...