Tag: michael novogratz

May 10 2022

No Love For Mike: Galaxy Digital Loses $111 Million Amid Crypto Blood Bath

Galaxy Digital, a cryptocurrency-focused financial services corporation, reported a net loss of $111.7 million for the quarter ending March 31, 2022. Galaxy Digital Takes Hit In the first quarter of 2022, Galaxy Digital, a cryptocurrency investment firm led by billionaire Michael Novogratz, recorded a loss of $111.7 million. The deficit is a considerable fall from the...

May 09 2022

Michael Novogratz’s Galaxy Digital Loses $111 Million Amid Crypto Crash

Galaxy Digital, a cryptocurrency investment firm headed by billionaire Michael Novogratz, has reported losing $111.7 million in the first quarter of the year 2022. The loss is a significant decrease from its $858.2 million gain recorded in the previous years. Crypto Market Volatility reason behind losses The aforementioned net loss, as noted in the firm’s...

Mar 16 2022

Feds increased rate won’t positively affect Bitcoin price, here is why

While many analysts predict that the hiked interest rate by the Feds would lead to a positive movement in the price performance of Bitcoin, a leading billionaire investor, however, disagrees with this notion. Bitcoin would continue to trade between $30k to $50k...

Michael Novogratz Predicts Bitcoin Price To Range Between $30k-$50k In 2022

Mar 16 2022 Published at Coingape under tags  bitcoin bitcoin news michael novogratz news

Michael Novogratz, CEO and founder of Galaxy Digital, in an appearance on Bloomberg TV, predicted that Bitcoin (BTC) will reach the $500,000 mark in the next five years. Novogratz’s surprising projection comes despite the current price action of BTC. He added that Bitcoin will trade in the range of $30,000 to $50,000 this year. BTC...

Mar 31 2021

Opinion: “Bitcoin Will Have a Higher Market Cap than Gold” Says Novogratz

Mar 31 2021 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

Bitcoin will have a higher market cap than gold,’ Novogratz says. BTC’s market cap currently 15% of gold’s cap. Galaxy Digital CEO and billionaire,...

Dec 09 2020

Ex-Hedge Fund Manager Recommends 5% Crypto in Portfolios

Legendary investor and Galaxy Digital founder Mike Novogratz has advocated that fellow investors increase their crypto asset portfolio share to 5%. The comments came in an interview with CNN’s Julia Chatterley on December 8 in which she introduced Novogratz as a bridge between traditional macro investing and frontier...

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