News
Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining.
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Michael Novogratz News
Who is Michael Novogratz? The founder of finance company Galaxy Digital, Michael Edward Novogratz is a notable figure in the cryptocurrency space. Bullish on Bitcoin (BTC), Michael Novogratz has made numerous comments on the asset and its price over the years. Michael Novogratz’s net worth sits in the billions. Novogratz led Fortress Investment Group prior to his transition to Galaxy Digital. Novogratz has advocated for anywhere between a 1% to 5% allocation to Bitcoin.
Viewers can often find Michael Novogratz featured in interviews with CNBC, as well as other media outlets, in which he discusses various financial topics, including his latest thoughts on Bitcoin and other components of the cryptocurrency industry.
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AllUnity, a new joint venture by DWS, Galaxy, and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, as well as DeFi use cases.
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BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said.
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One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy Digital.
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After buying GK8 for $115 million in 2021, Celsius has recouped $44 million of that but will spend most of the sum on legal fees.
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The Galaxy Digital founder believes approval of a spot Bitcoin ETF would essentially be a United States regulator and government nod for Bitcoin.
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The Galaxy Digital CEO predicts tough times ahead for the United States economy but continues to be bullish on crypto.
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Recent positive Bitcoin price action has been linked to a slowdown in U.S. inflation, and Mike Novogratz thinks the price rally could sustain until the end of March.
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Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy.
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The Galaxy Digital CEO alleges Sam Bankman-Fried and his cohorts perpetuated fraud and suggested they should be in jail.
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BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court.
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After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million.
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Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021.
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The digital collectibles company was co-founded by entrepreneurs Michael Rubin, Mike Novogratz and Gary Vaynerchuk.
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Galaxy Digital and Alerian announced the launch of eight passive crypto indexes that are rebalanced monthly and weighted equally.
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