Tag Archives: mike novogratz

Bitcoin continues to solidify its position as a potential tool for hedging one’s wealth, according to most analysts. The world’s number one cryptocurrency by market cap garnered this newfound reputation during the early days of the COVID pandemic, and it doesn’t seem to be letting up anytime soon.Bitcoin Has a Swelling ReputationThe idea has emerged in recent months that bitcoin is somehow safer and more stable, even, than assets like gold, and far stronger than the U.S. dollar, which is...

Bitcoin is trading for around $17,800 at the time of writing, though the world’s number one cryptocurrency by market cap had initially spent the early parts of this morning trading above the $18,000 mark, thus suggesting that the currency has the power to rise further.Could Bitcoin Beat Its Old Record?The asset is presently undergoing a slight correction, having lost a few hundred dollars and settling at a lower price, though to be fair, this has happened a few times with the currency....

Mike Novogratz can be a hard man to read. As a billionaire investor and former ex-hedge fund manager, the man has had a lot of positive things to say about bitcoin, going so far as to compare the asset to gold. However, while he thinks very highly of bitcoin, he doesn’t see it being used as a legitimate currency anytime soon.Mike Novogratz: BTC Won’t Be Used for Payments RegularlyWhile there are retailers and companies out there that accept crypto and bitcoin payments, they are certainly not...

CEO of Galaxy Digital Michael Novogratz is at it again with his praise and pushing of bitcoin. In a recent interview, he said that BTC was less risky than the stock market.Mike Novogratz Is Pushing BTC AgainAs it stands, bitcoin has been going through something of a rough patch. The currency recently fell from about $12,400 to its present figure of $10,800, which is about $400 higher than where it stood just a few days ago. The good news is that bitcoin is quite close to hitting the $10,900...

Former hedge fund manager turned bitcoin and crypto investor Mike Novogratz appears to have predicted the recent bitcoin crash that’s affected the space. He said not too long ago in an interview that there was a “speculative frenzy” surrounding bitcoin that he thought was getting too out of hand.Mike Novogratz Warned Us About BTCOne of the big problems with bitcoin is that whenever it shows signs of spiking, people – largely new investors – want to get in on the action. This would be fine,...

Mike Novogratz has always been a huge bitcoin fan, but while he remains confident in the cryptocurrency, he is telling people not to go crazy.Mike Novogratz: Bitcoin Is a Safe BetAt press time, bitcoin is trading for well above $11,800. The currency has been on a roll these past few weeks and has surged by more than $2,000 from where it was in late July. However, the asset is still failing to reach $12K despite many separate attempts, and the resistance level at $12K is still proving too much...

The founder and chief executive of Galaxy Digital Michael Novogratz said in an interview recently that he fully expects the price of bitcoin to reach $20,000 by the end of the year. This would place the world’s number one cryptocurrency by market cap at its all-time high again, which it previously attained three years ago in 2017.Mike Novogratz: BTC Will Be at $20K Again SoonThe bitcoin price has been surging as of late. At the time of writing, bitcoin is trading for over $11,200, and...

Mike Novogratz, CEO von Galaxy Digital Die Halbierung des Bitcoins ist in Kraft getreten, nachdem die Investoren bereits darauf gewartet hatten. Die Erwartungshaltung hat sich jedoch nicht erfüllt, weil der Kurs der Währung um 15 Prozent gefallen ist. Mike Novogratz wagte trotzdem die Prognose, dass der Kurs der Währung bis zum Ende des Jahres auf 20’000 US-Dollar steigen...

The crypto market has been up and down since the weekend, with assets like bitcoin losing more than $500 from its price on April 10.Bitcoin Is Tumbling Down the StairsLast week marked a solid end to what appeared to be a longstanding bearish cycle that was repeatedly striking the world’s primary cryptocurrency by market cap. The currency had initially struggled – and struggled hard – to relieve itself of the measly and miniscule $6,000 range it had been stuck in for several weeks. Finally,...

It’s no secret that Mike Novogratz – a former hedge fund manager – has always been a big fan of bitcoin. When everyone else has lost faith, he’s always there to tout it and remind us of just how special it is.Mike Novogratz Is Betting Big on BitcoinNow, he’s claiming bitcoin is about to make a huge leap. On Twitter, he writes:I’ll make a bet for dinner anywhere in New York City that bitcoin outperforms both [gold and treasuries] over the next three months, and I like gold… Give it a few...