$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One

$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One

Galaxy Digital, the crypto merchant bank founded by former hedge fund manager Michael Novogratz, has received $71.2 million after selling its shares in Block.one, the maker of the EOS blockchain. Galaxy Digital said in an announcement on May 21 that it closed the transaction on Monday after a tender offer for its position in Block.one was made on April 18. […]

Analysts Believe Bitcoin is Likely to Surge Past $9,000 in Near Future as Upwards Momentum Builds

Analysts Believe Bitcoin is Likely to Surge Past $9,000 in Near Future as Upwards Momentum Builds

The crypto markets have undoubtedly been in an uptrend over the past several weeks that has allowed Bitcoin to set fresh year-to-date highs in the mid-$8,000 region, and despite facing several pieces of somewhat bad news, BTC has continued to surge higher. Analysts now believe that Bitcoin is likely to surge into the $9,000 region […]

Cameron Winklevoss on Crypto: Not Investing In the “Future of Money” is “Crazy”

Cameron Winklevoss on Crypto: Not Investing In the “Future of Money” is “Crazy”

Bitcoin and the crypto industry it birthed is still new, misunderstood, and is many years away from having its potentially fully realized as a monetary asset, store of value, or transactional currency. But it’s clear to many that the young, emerging financial technology has incredible potential – potential that’ll be unlocked only with time and support. […]

Billionaire Novogratz: Altcoins Won’t Pump Like In 2017 Bull Run, Bitcoin Will Dominate

Billionaire Novogratz: Altcoins Won’t Pump Like In 2017 Bull Run, Bitcoin Will Dominate

It appears that cryptocurrency prices have finally begun to recover after enduring an extended bear market which lasted throughout 2018. As the market capitalization of Bitcoin (BTC) and other major cryptoassets continues to rise, several analysts have been drawing comparisons between what they’re seeing in the current market and what they observed during the historic bull market […]