Mike Novogratz's Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners.
Michael Novogratz News
Michael Novogratz is an ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency. Michael Novogratz’s Bitcoin involvement started when he bought cryptocurrency for the first time before his retirement from Fortress and becoming the CEO of Galaxy Investment Partners — a cryptocurrency investment firm. In 2012, Michael Novogratz’s net worth was about $500 million. In 2017, he revealed that 20 percent of his net worth is held in Bitcoin and Ethereum, from which he received over $250 million in profit. It is paradoxical that Michael Novogratz called cryptocurrency a bubble. However, he continues to invest in Bitcoin technology-related projects due to their high returns.
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Forbes has named the six biggest winners of this latest cryptocurrency rally, including the Winklevoss brothers and Bloq’s Matthew Roszak.
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Bitcoin price may have hit a multi-year high, but numerous fundamental factors signal that even better days are ahead.
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Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours.
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Michael Novogratz, who predicted BTC to hit $20,000 by the end of 2020, advises investors to own more gold than Bitcoin.
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In anticipation of AVA mainnet launch this summer, Emin Sirer’s AVA project raises $12 million from major industry investors.
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Mike Novogratz suspects Bitcoin's recent upward price action is a result of the U.S. government's corrective economic measures.
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As Telegram delays TON launch, Mike Novogratz said that the crypto community doesn’t need either TON or Grams at all.
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Galaxy Digital’s net losses saw some improvement in Q4 2019, down from around $68 million in Q3 to about $33 million.
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Mike Novogratz, CEO of crypto merchant bank Galaxy Digital, admitted that he might give up on Bitcoin if its price does not hit new highs in 2020.
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Just as Bitcoin’s creation is bound up with 2008 and the Great Recession, Galaxy Digital founder Mike Novogratz sees this year as make-or-break for the cryptocurrency.
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In an interview with mainstream media, the venture capitalist pointed to Bitcoin’s upcoming halving as a major price goal.
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An overview of the worst and most outrageous Bitcoin price predictions of 2019.
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The Galaxy Digital co-founder says the coming twelve months will prove bullish for Bitcoin, which has room to almost double its current levels.
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Michael Novogratz’s Galaxy Digital launches two Bitcoin funds aiming to bring wealthy Americans to crypto markets.
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