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Mike Novogratz Doubts Dogecoin’s Future — ‘No Institution Is Buying DOGE, Retail Will Lose Interest’
26.5.2021
Galaxy Digital CEO Mike Novogratz doubts the future of dogecoin. The billionaire investor said that “It likely doesn’t have long-term legs because no institution is buying it and at some point, retail will lose interest.” Novogratz Says Dogecoin ‘Doesn’t Have Long-Term...
Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation
22.5.2021
Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz...
Banking system consumes two times more energy than Bitcoin: research
17.5.2021
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year
Banking System Uses Significantly More Energy Than Bitcoin, Research Shows
17.5.2021
A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System Consumes Much More Energy Than Bitcoin Galaxy Digital published a report...
Does Mike Novogratz hold more than $5B in crypto?
13.5.2021
In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth
‘Bullish’ Cryptocurrency Exchange to Launch With Backing of Billionaire Investors, Investment Bank Nomura
12.5.2021
A new cryptocurrency exchange called “Bullish” will be launched this year by Bullish Global, a subsidiary of Block.one. It is backed by a number of prominent investors, including Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and investment bank...
Bitcoin’s Smallest Unit: Billionaire Mike Novogratz Wants Crypto Exchanges to Quote Satoshis
10.5.2021
Mike Novogratz, the CEO of Galaxy Digital, wants exchanges to start listing in the smallest unit of bitcoin otherwise known as “satoshis”. On May 8, Novogratz tweeted out to a number of crypto exchange executives and asked “which exchange will be first to quote in SATS?”...
Satoshi or Bitcoin? Novogratz Reignites BTC Marketing Debate
10.5.2021
The discussions over increasing the marketing of satoshis (sats), or the smallest unit of bitcoin (BTC), instead of BTC itself, re-emerged, but so does the opposition to the idea.
"It is time to switch to Satoshis. Too many people telling me at USD 58,000 BTC too expensive," argued Galaxy...
Dogecoin Has ‘Remarkably Strong Fundamentals’ Despite Deficiencies, Says Mike Novogratz’s Galaxy Digital
6.5.2021
Bitcoin bull Mike Novogratz’s company, Galaxy Digital, has analyzed dogecoin and concluded that “despite its deficiencies, dogecoin has remarkably strong fundamentals and powerful forces supporting its rise.” Novogratz admitted that he had been too bearish on the cryptocurrency....
Galaxy Digital to acquire crypto custodian and services provider BitGo
5.5.2021
Under the acquisition's terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash
‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’
16.4.2021
Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about...
Coinbase listing is crypto’s 'Netscape moment,' says Mike Novogratz
14.4.2021
If Coinbase stocks were to follow in Netscape’s footsteps for its first-day listing, the price would need to rise to roughly $593
Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray
13.4.2021
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called...
Bitcoin Bull Mike Novogratz Warns of ‘Existential Crisis’ if the US Fails to Create Digital Dollar
12.4.2021
Mike Novogratz, the CEO of Galaxy Digital and bitcoin bull has warned that the United States’ failure to have its own digital currency could be an “existential crisis.” However, the CEO says the country’s fate is still in its hands. Novogratz made these comments a few days...
Bitcoin on ‘inevitable path’ to reach gold’s market cap – Mike Novogratz
31.3.2021
Galaxy Digital’s billionaire CEO told CNBC he’s shocked at the speed of cryptocurrency adoption
Boomers Next to Adopt Crypto, a Trillion Dollars Could Flow Into Bitcoin Over the Next Year, Says Novogratz
29.3.2021
Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers....
Morgan Stanley Making 3 Bitcoin Funds Available to Clients
18.3.2021
One of the largest U.S. investment banks, Morgan Stanley, will be offering its wealth management clients access to bitcoin funds. Goldman Sachs, JPMorgan Chase, and Bank of America’s wealth management divisions do not currently allow their advisors to offer direct investment in bitcoin funds....
3 Bitcoin ETFs Have Been Approved in North America
10.3.2021
There are now three bitcoin exchange-traded funds (ETFs) in North America, all approved within the past month by Canada’s securities regulators. They are currently trading on the Toronto Stock Exchange. The latest approved bitcoin ETF, backed by Mike Novogratz’s Galaxy Digital, began...
Novogratz Brands Dogecoin a ‘Joke,’ Tells Mark Cuban to Steer Clear
5.3.2021
Mike Novogratz. Michael Novogratz, the CEO of the crypto financial services firm Galaxy Digital, has dismissed dogecoin (DOGE) as a “joke” – and has hit out at the outspoken Shark Tank and new DeFi star, Dallas Mavericks supremo Mark Cuban for his association with the token.
Yesterday, Cuban...
Bitcoin goes mainstream as institutions hold 3% of BTC’s circulating supply
14.2.2021
The growing appetite of institutional investors means companies now hold more than 460,000 BTC, which is 3% of the total supply in circulation