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Mike Novogratz, one of the first crypto billionaires and founder of financial services company Galaxy Digital, predicted that Bitcoin would likely remain within the $55k-$75k price range for now.
Bitcoin (BTC) is at the forefront of Galaxy Digital CEO Mike Novogratz’s latest predictions and insights, particularly regarding the U.S. Federal Reserve’s impact. Novogratz, renowned for his bullish stance on BTC, expresses confidence in the Federal Reserve’s inclination towards interest rate cuts, despite his personal skepticism. He believes this will foster favorable macro-financial conditions for […]
The longtime VC investor and crypto proponent shared his thoughts on Bitcoin and crypto at large in a long-form interview with Bloomberg TV.
In a March 30 blog post, The Avalanche Foundation announced the launch of Avaissance, an initiative designed to support digital artists and boost the growth of the Avalanche nonfungible token (NFT) ecosystem. Avaissance has two main components, an Artist in Resident program (AIR) for over 50 artists and the Mona Lisa Initiative (MLI) to curate [...]
The post Avalanche launches initiative for digital artists, NFT creator protests Sotheby’s gender bias, and more appeared first on Crypto Breaking News.
Galaxy Digital Holdings chief executive Mike Novogratz has said he finds it shocking that U.S. authorities are interested in talking about the regulation of crypto, but have said nothing about artificial intelligence (AI) regulation. Novogratz added that by choosing mainly to focus on crypto regulation, the U.S. government has it “completely upside-down.” ‘A Real Technology [...]
The post Mike Novogratz Laments US Government’s Penchant for Discussing Crypto While Saying ‘Nothing About AI Regulation’ appeared first on Crypto Breaking News.
Galaxy Digital’s founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he’d invest in the Chinese giant Alibaba, silver, gold, Bitcoin (BTC), and Ethereum (ETH). “If they were young and had a high-risk tolerance, I’d be buying [...]
The post Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratz’s ideal portfolio appeared first on Crypto Breaking News.
The Law Commission of England and Wales has published its “recommendations for reform and development of the law on digital assets.” The recommendations, which seek to secure the U.K.’s position as a global crypto hub, are intended “to provide a comprehensive legal foundation for digital assets which will allow these new technologies to flourish.” Accommodating
The post UK Commission Publishes Recommendations for Reform and Development of the Law on Digital Assets appeared first on BTC Ethereum Crypto Currency Blog.
More than 2,600 tech leaders and researchers have signed an open letter urging for a temporary “pause” on further artificial intelligence (AI) development, fearing “profound risks to society and humanity.” Tesla CEO Elon Musk, Apple co-founder Steve Wozniak and a host of AI CEOs, CTOs and researchers were among the signatories of the letter, which [...]
The post Elon Musk and tech execs call for ‘pause’ on AI development appeared first on Crypto Breaking News.
Mike Novogratz is bullish on crypto, particularly the top two coins Bitcoin and Ethereum. The Galaxy Digital CEO says BTC and ETH been best risk-adjusted investments over the last few years. He also suggested during the company’s earnings call that the US risks losing its place as finanial and innovation leader. Galaxy Digital CEO Mike […]
The post Mike Novogratz says Bitcoin and Ethereum are the best risk-adjusted investments today appeared first on CoinJournal.
In a recent interview with Fox Business, cryptocurrency luminary Michael Novogratz made a bold prediction: Bitcoin could skyrocket to $100,000 within the upcoming year. This forecast arrives amid Bitcoin’s rollercoaster ride of soaring highs and dramatic plunges. Novogratz highlighted the cryptocurrency’s potential to stabilize between $58,000 and $69,000 before surging to greater heights. He remarked, […]
Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army of buyers” and there is also “an army of salespeople,” he expects the price of bitcoin to be [...]
The post Galaxy Digital Sees Tremendous Global Demand for Bitcoin CEO Says Theres a New Army of Buyers appeared first on Crypto Breaking News.
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S. [...]
The post Bloomberg Strategist Sees Bitcoin as Global Alternative Currency Warns Stock Market Drawdown Could Impact BTC appeared first on Crypto Breaking News.
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added, noting that we’re in price discovery mode and if you look [...]
The post Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 Thats the New Floor appeared first on Crypto Breaking News.
Galaxy Digital CEO Mike Novogratz firmly believes that bitcoin will reach $100K this year. “Right now there are more buyers and sellers,” he explained, adding that there is “runaway momentum” in bitcoin exchange-traded funds (ETFs). In addition, he pointed to a “new phase of bitcoin” as the asset class welcomes baby boomers. He further asserted [...]
The post Galaxy Digital CEO Anticipates BTC Reaching $100K This Year Citing Runaway Momentum in Spot Bitcoin ETFs appeared first on Crypto Breaking News.
In a recent Bloomberg TV interview, Bitcoin dominated as Michael Novogratz, the founder and CEO of Galaxy Digital, offered insights into the volatile world of cryptocurrency. Novogratz, a seasoned investor in the crypto space, foresees a potential dip in BTC’s price before it skyrockets to new highs, marking a crucial phase in its trajectory. With […]
Mike Novogratz suggested a Bitcoin correction might drop it to the mid-$50,000s before a new surge to a record high.
Hester Pierce, commissioner of the United States Securities and Exchange argued that full transparency should not come at the cost of compromising good-faith efforts.
The collapse of FTX has played its part in the crypto crackdown.
As the US government continues turning over its debt at higher rates, can the Federal Reserve afford not to print?
Renowned billionaire investor Mike Novogratz urges people to buy Bitcoin amid the United States’ surging debt and interest payments. In a recent tweet, the CEO of Galaxy Digital and prominent billionaire investor Mike Novogratz investor and crypto advocate Mike Novogratz issued a resounding call amid concerns over the surging US interest payments reaching new heights. Specifically, […]
The post “Buy Bitcoin,” Novogratz Exclaims as US Interest Payment Projected to Hit $1 Trillion first appeared on The Crypto Basic.
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