Galaxy Digital and Alerian announced the launch of eight passive crypto indexes that are rebalanced monthly and weighted equally.
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.
Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8-million loss as he emphasized the importance of digital asset adoption.4912
Twelve months earlier, the company recorded a comprehensive loss of $26.9 million.12384
Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash.13556
Galaxy Digital’s billionaire CEO told CNBC he’s shocked at the speed of cryptocurrency adoption.12283
The growing appetite of institutional investors means companies now hold more than 460,000 BTC, which is 3% of the total supply in circulation.38270
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.8704
Forbes has named the six biggest winners of this latest cryptocurrency rally, including the Winklevoss brothers and Bloq’s Matthew Roszak.37200
Bitcoin price may have hit a multi-year high, but numerous fundamental factors signal that even better days are ahead.38515
Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours.9804
Michael Novogratz, who predicted BTC to hit $20,000 by the end of 2020, advises investors to own more gold than Bitcoin.18816
In anticipation of AVA mainnet launch this summer, Emin Sirer’s AVA project raises $12 million from major industry investors.3839
Mike Novogratz suspects Bitcoin's recent upward price action is a result of the U.S. government's corrective economic measures.4474
As Telegram delays TON launch, Mike Novogratz said that the crypto community doesn’t need either TON or Grams at all.6388
Galaxy Digital’s net losses saw some improvement in Q4 2019, down from around $68 million in Q3 to about $33 million.3444