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XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple
23.12.2020
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At...
Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million
15.12.2020
Blockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. The “Everydays” collection auction included 21 original single edition Beeple...
Mike Novogratz has 50% of net worth in crypto, advocates up to 5% for investors
8.12.2020
“I think a new investor could put 5% into Bitcoin. Bitcoin’s not going back to zero.”
Last Month Casascius Owners Redeemed the Highest Number of Physical Bitcoins in 3 Years
3.12.2020
On November 30, 2020, bitcoin crossed an all-time price high on a few global exchanges and between spot and derivatives markets there’s been a lot of action. One metric people didn’t notice was the fact that November 2020 saw the most number of redeemed Casascius physical bitcoins...
Bitcoin adoption is the main key right now, Novogratz says
1.12.2020
Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours
Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitcoin
26.11.2020
Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect...
Galaxy Digital CEO recommends investing up to 3% of one's net worth into Bitcoin
25.11.2020
“Look at it in five years, and it’s going to be a whole lot more," opined Novogratz
Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K Bottom
24.11.2020
While digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw different price spikes and significant drops below 80% as well. If the next bitcoin...
Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund in Canada
18.11.2020
Galaxy Digital, the crypto investment management firm founded by bitcoin bull Mike Novogratz, has revealed plans to launch a bitcoin fund in Canada. In a statement published Nov. 16, Galaxy Digital said it has partnered with major Canadian fund manager CI Global Asset Management for the launch....
Bitcoin price will hit $65K as network effect has 'taken over' — Mike Novogratz
17.11.2020
A Twitter survey of whether Williams should buy Bitcoin attracts the likes of Elon Musk as bull run publicity mounts
Mike Novogratz’s Galaxy Digital to launch new Bitcoin fund in Canada
17.11.2020
Galaxy Digital saw massive growth in its Bitcoin fund trading volumes in Q3 2020
Galaxy Digital Acquires 2 Crypto Firms, Sees Big Wave of Institutional Demand for Bitcoin
14.11.2020
Bitcoin Bull Michael Novogratz’s company, Galaxy Digital, has acquired two cryptocurrency firms in preparation to meet a “bigger wave of institutional demand” for bitcoin. Big Wave of Institutional Demand for Bitcoin Incoming Galaxy Digital Holdings announced Friday that it...
Mike Novogratz’s Galaxy Digital Nets $44.3M in Q3
13.11.2020
Galaxy Digital was trading slightly higher on the news
Galaxy Digital’s Q3 earnings mirror crypto euphoria
13.11.2020
Galaxy Digital reported a large uptick in trading volumes in the third quarter
Bitcoin becoming less-risky as an investment, Novogratz says
27.10.2020
Investing big money into Bitcoin 10 years ago came with immense uncertainty. Now, buying the asset carries less risk, according to the ex-hedge fund manager
Novogratz calls PayPal’s Bitcoin news 'the shot heard around the world on Wall Street’
23.10.2020
PayPal coming to crypto is big news for adoption, says the investor
$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply
21.10.2020
The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars. This past August the billion-dollar firm...
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
20.10.2020
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...
Here Are the Top Public Companies That Have Adopted Bitcoin as a Reserve Asset
11.10.2020
When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge...
Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
6.10.2020
Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to go from $1,000 to $10,000 in 2017. “So, doubling that time frame for maturation...