Learn How Trade Crypto
A deal between the asset manager and the crypto custodian is close to being finalized, sources tell CoinDesk. Galaxy Digital, the cryptocurrency-focused financial services firm run by Michael Novogratz, is in advanced discussions to buy BitGo, the U.S.-regulated crypto custody specialist, according to four people familiar with the situation. Both Galaxy and BitGo declined to […]
As Bitcoin surges to record highs, Scott Minerd of Guggenheim Investments believes the world’s largest cryptocurrency’s fair value still has a ways to go. Bitcoin’s scarcity combined with “rampant money printing” by the Federal Reserve mean the digital token should eventually climb to about $400,000, Minerd, the firm’s chief investment officer, said in an interview. […]
While a number of institutional players and hedge fund managers have turned up to Bitcoin (BTC), some personalities from the traditional investing space just continue with their Bitcoin bashing views. American stock trader Peter Schiff has once again refused to accept Bitcoin’s gaining dominance over his favorite yellow metal aka Gold. Despite the strong evidence that institutional […]
While Bitcoin (BTC) has successfully managed to melt the hearts of some of the biggest global investors, a few still continue to criticize it. Billionaire investor Ray Dalio recently showered his criticism on Bitcoin while being positive for central bank digital currencies (CBDCs). Ray Dalio is a big name in the global financial industry and […]
This week was wild for Bitcoin. Starting at around $13,500, the cryptocurrency went on to shatter the high set back in 2019 and surge to as much as $16,000 just today. It’s interesting to note that this happens despite the fact that retail investors are yet nowhere to be found, according to data. It appears […]
Galaxy Digital chief Mike Novogratz has been a leading voice in the cryptocurrency market. As a former hedge fund trader, he has a rare pulse on the institutional investor community and how they feel about bitcoin. During a Benzinga Boot Camp in conjunction with BlockFi, Novogratz shared his thoughts with host and podcaster Peter McCormack on how far the cryptocurrency industry […]
During his latest appearance on CNBC’s “Squawk Box,” Galaxy Digital CEO Mike Novogratz voiced his bullish Bitcoin sentiment, stating that he still loves cryptocurrencies as a hard asset despite a recent pause in the market rally. The former hedge fund manager also says that he has a “big gold position” while offering a bearish outlook on the U.S. dollar […]
Galaxy Digital CEO Mike Novogratz appeared on CNBC’s Closing Bell on May 4, where he outlined his bullish stance on hard assets like Bitcoin and gold. The heavily mustachioed Novogratz looked forward optimistically to the Bitcoin halving on May 12—a deflationary event which contrasts greatly with the Fed’s money printing regime. CNBC’s Closing Bell ✔@CNBCClosingBell Galaxy Digital CEO @novogratz tells us […]
With the stablecoin market remaining at record-high levels for well over a month, more analysts are taking it as a sign that crypto traders have not given up on higher prices, but are simply waiting for an opportunity to enter bitcoin and other digital assets once again. As reported, many crypto investors sought refuge in […]
Bitcoin is drawing bids amid heightened geopolitical uncertainty and could soon rise above key resistance at $7,580, confirming a short-term bullish breakout. The top cryptocurrency is currently trading at $7,530, representing a 1 percent gain on a 24-hour basis, according to CoinDesk’s Bitcoin Price Index. Prices are now up nearly 10 percent from lows near $6,850 […]