Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Prominent Wall Street analyst Linda Jones has suggested that billionaire crypto investor Mike Novogratz deliberately avoids discussing XRP. This observation…
The post Wall Street Expert Says Mike Novogratz Will Speak on Everything But XRP first appeared on The Crypto Basic.
Mike Novogratz discusses the substantial market presence of memecoins, with a focus on their narrative and investment potential.
The post Galaxy Digital CEO believes meme coins have more to offer than laughs appeared first on Crypto Briefing.
In a candid interview on Galaxy Digital's podcast, Novogratz sends a cautious yet insightful warning about the Bitcoin price movement.
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.
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.
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.
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.
Michael Novogratz predicts Bitcoin's stability above $50K-$55K hinges on US spot ETF flows, cautioning investors to brace for potential corrections. (Read More)
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.
<p class="MsoNormal">The publicly-listed cryptocurrency company founded by an American investor Michael Novogratz, Galaxy Digital Holdings (<a href="https://www.financemagnates.com/tag/galaxy-digital-assets-fund/" target="_blank" rel="follow">TSX:GLXY</a>) has published its full-year results for 2022. Galaxy showed a massive net loss due to the prolonged crypto winter dominating the previous year.</p><p>Crypto Winter Hits Galaxy Digital Hard</p><p class="MsoNormal">In Wednesday's press release, Galaxy announced the fourth quarter, the full year and preliminary first quarter-to-date results. The company showed a massive net loss of $1.0 billion for the year ended 31 December 2022, compared to a net income of $1.7 billion for the same period a year earlier. In the meantime, the fourth quarter ended with a net loss of $287.8 million compared to $521.3 million reached in Q4 2021.</p><p class="MsoNormal">Galaxy explains the poorer performance primarily by the 64% drop in the price of <a href="https://www.financemagnates.com/terms/b/bitcoin/" class="terms__main-term" id="261088a9-0f41-4202-a73c-31f75ba6bd93">Bitcoin</a> (BTC) over 2022. In January, BTC cost $46,500, ending the year at $16,500. Ethereum (ETH) also saw a similar depreciation, falling from $3,700 to $1,200. <a href="https://www.financemagnates.com/cryptocurrency/crypto-winter-fear-fad-or-opportunity-for-regrowth/" target="_blank" rel="follow">The crypto winter</a> negatively affected the performance of other companies in the sector, <a href="https://www.financemagnates.com/cryptocurrency/hive-blockchain-reports-90m-loss-in-q4-2022-amid-lower-bitcoin-prices/" target="_blank" rel="follow">including digital asset miners</a>.</p><p class="MsoNormal">"2022 was a formative year for Galaxy, and while we and our industry faced unprecedented macroeconomic events, we succeeded in staying the course and were able to opportunistically take advantage of strategic opportunities to build our operating businesses for the future. I have never been more confident in our go-forward strategy, businesses, and team," Michael Novogratz, the Founder and CEO of Galaxy Digital, commented in a press release.</p><p class="MsoNormal">At the end of 2022, Galaxy had 104 portfolio companies, in which it holds 145 investments. In Q4 2022, it invested in Veridise, a verification platform that conducts security audits for DeFi applications. Novogratz's company is still exploring other opportunities in the investment space.</p><p>2023 Paints Brighter Future for Galaxy Digital</p><p class="MsoNormal">The beginning of 2023, in which cryptocurrencies saw a rebound after the severe declines of 2022, started off decidedly better. Between early January and 24 March 2023, the company generated income before tax of $150 million. In the months ahead, Galaxy will focus on organically building its platform during the bear market and scaling and integrating recent strategic acquisitions.</p><p class="MsoNormal">Galaxy anticipates earning net profits in its operating businesses and positive gains from its liquid coin and investment holdings on its balance sheet for the entire Q1 2023. The increased market <a href="https://www.financemagnates.com/terms/v/volatility/" class="terms__secondary-term" id="7fd330d9-8855-4c31-9770-cb52b328c117">volatility</a> and volumes from existing counterparties positively impacted the company's operating business.</p><p class="MsoNormal">"The Company continues to lead from a position of strength, remaining open for business for our clients and counterparties. And as the market has improved year to date, we have generated approximately $150 million of income before tax while retaining a strong liquidity position through 24 March 2023," Novogratz added.</p><p class="MsoNormal">Galaxy Mining has increased its capacity by 100% since the start of 2022 by integrating the Helios site, <a href="https://www.financemagnates.com/cryptocurrency/mike-novogratzs-galaxy-saves-bitcoin-miner-argo-from-bankruptcy/" target="_blank" rel="follow">which was acquired at the end of last year</a>. The company aims to have over 4 EH/s of Hashrate Under Management by the end of 2023, with self-mining accounting for about 50% of the total.</p> This article was written by Damian Chmiel at www.financemagnates.com.
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?
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
