Galaxy Digital Raising $250 Million to Offer Loans to Crypto Firms: Report
Galaxy Digital, the crypto merchant bank launched by former hedge fund manager Michael Novogratz, is reportedly raising $250 million to build a credit fund. A…
Tag: Novogratz
Nasdaq, Citi Join Novogratz in Funding Blockchain Firm Symbiont
Nasdaq Inc. and Citigroup Inc. are among firms that are investing $20 million in Symbiont.io Inc., a New York-based company that’s applying blockchain technology to capital markets. Their…
Bitcoin Bull Mike Novogratz’s Trading Desk Loses $41M Last Quarter
Bloomberg has revealed that Mike Novogratz’s cryptocurrency trading desk lost $41M in the third quarter of 2018. After Bitcoin dropped below $5k for the first time this year,…
The Week: Crypto ETP ‘HODL5’, Bitcoin Cash ‘HashWar’, SEC Charges ICOs
A bloody week indeed for cryptoassets, where the total market cap has lost more than 19% as of today. Starting on Wednesday, Bitcoin’s 16% intraday…
Crypto Exchange Bitfinex Denies Allegedly ‘Fake’ Tether Volumes Listed on CoinMarketCap
Major crypto exchange Bitfinex has responded to a recent media report that accused the exchange of publishing trading volume data from “a market that doesn’t exist,” in…
Tether ‘Didn’t Do a Great Job on Transparency,’ Claims Investor Mike Novogratz
Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrencyinvestor and entrepreneur Michael Novogratz told Bloomberg Oct. 18. Speaking in an interview, Novogratz, whose Galaxy Digital investment company is active in…
Goldman Sachs Investing in Crypto Custodian BitGo
Goldman Sachs and Mike Novogratz’ venture capital fund Galaxy Digital Ventures are investing in crypto custody solution provider BitGo Holdings. Here is how BitGo, which calls itself…
Mike Novogratz Explains Why the Beginning of 2019 Will Be Big for Bitcoin
In a recent Bloomberg Television interview, famed bitcoin supporter Mike Novogratz explains why he thinks Q1 & Q2 of 2019 will be extremely positive for bitcoin. Novogratz,…
Bitcoin Price Watch: Currency Still Unwavering, No Direction Set
At press time, the price of bitcoin is still refusing to budge, and remains solidly in the $6,500 range. The currency continues to move in…
Will Yale’s Investment in Crypto Lead to More Institutional Investors?
This week, CCN reported that Yale, the prestigious Connecticut-based academic institution, has invested in a $400 million crypto fund operated by veterans in the digital asset and…