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.

Bitcoin ‘Seller Fatigue’ Means Market Has Bottomed, Michael Novogratz Tells Yahoo

21 HOURS AGO | by William Suberg

Michael Novogratz has again called the end of the 2018 crypto bear market, claiming this week marked the bottom for prices.

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Galaxy Digital CEO Mike Novogratz Calls Crypto Price Bottom

SEP 14, 2018 | by Ana Alexandre

Galaxy Digital CEO Mike Novogratz said cryptocurrency prices have found a bottom, noting that “markets like to retrace to the breakout.”

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Shares in Novogratz’s Crypto Bank Galaxy Digital Plunge 20% in Toronto Exchange Debut

AUG 02, 2018 | by Marie Huillet

Shares in Mike Novogratz’s crypto-focused merchant bank, Galaxy Digital LP, plunged 20 percent during their trading debut on a Canadian stock exchange Wednesday...

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Novogratz’s Crypto Bank Galaxy Digital to Start Trading Aug. 1 on Canadian Exchange

JUL 30, 2018 | by Marie Huillet

Crypto-focused merchant bank, Galaxy Digital LP, is set to begin trading on Canada’s TSX Venture Exchange on August 1st.

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Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle

JUL 20, 2018 | by Marie Huillet

Bitcoin (BTC) has split off from other top cryptocurrencies and shows more resilience in holding on to gains secured in this week’s major upswing.

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Wall Street Exec Mike Novogratz: Crypto, Blockchain Mass Adoption Is ‘5 to 6 Years Away’

JUL 19, 2018 | by Helen Partz

Mike Novogratz makes the bet that a “herd of institutions” will embrace crypto and blockchain “in the next two to three years.”

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Bloomberg Terminal Lists Crypto Market Index From World’s Third Largest Exchange Huobi

JUN 21, 2018 | by Molly Jane Zuckerman

Crypto exchange Huobi’s top ten cryptocurrency index will now be listed on financial data monitoring service Bloomberg Terminal, along with nine other crypto tr...

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Bloomberg Partners Novogratz’s Galaxy Digital Capital To Release Crypto Benchmark Index

MAY 09, 2018 | by Molly Jane Zuckerman

Bloomberg and Mike Novogratz’s crypto merchant bank have announced a collaborative launch of a crypto benchmark index.

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Wall Street-Turned-Crypto Exec Novogratz Says ‘Enough Already’ To BCH-Promoting Tweet

MAY 06, 2018 | by Maxwell William

Ex-hedge fund manager Mike Novogratz weighs in on the BTC/BCH debate, making it clear he thinks BTC is the true Bitcoin.

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Goldman Sachs Hires Crypto Trader As VP Of Digital Assets ‘In Response To Client Interest’

APR 23, 2018 | by Molly Jane Zuckerman

Crypto trader Justin Schmidt will join Goldman Sachs as the head of their digital asset markets for guiding customers in crypto

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Former Goldman Sachs VP Joins Crypto Wallet Blockchain To Attract Institutional Clients

APR 17, 2018 | by Molly Jane Zuckerman

Former Goldman Sachs exec Breanne Madigan will become the head of institutional sales and strategy at crypto wallet Blockchain.info

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Crypto Hedge Fund Pantera Capital: BTC Will ‘Highly Likely’ Break $20,000 This Year

APR 14, 2018 | by Molly Jane Zuckerman

Cryptocurrency hedge fund says that BTC’s drop to $6,500 was most likely a low for the currency, which will “most likely” surpass $20,000 again this year.

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Goldman Sachs Exec Leaves To Join Mike Novogratz’s Crypto Merchant Bank, Report Says

APR 10, 2018 | by Molly Jane Zuckerman

A Goldman Sachs exec is reportedly joining Mike Novogratz’s new crypto merchant bank as COO

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Most Cryptocurrencies Are Doomed to Fail, But There’s Money to Be Made, Says Credo CIO

JAN 17, 2018 | by Darryn Pollock

A traditional investment officer sees money in cryptocurrencies, but not a long-term future.

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Ethereum Surpasses $1,000 For the First Time, Factors Behind Increase

JAN 05, 2018 | by Joseph Young

The recent surge in Ether price can be largely attributed to two main factors: the abrupt surge in the value of Ripple and the rising user activity of DApps.

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Most Cryptocurrencies Are Doomed to Fail, But There’s Money to Be Made, Says Credo CIO

JAN 17, 2018 | by Darryn Pollock

A traditional investment officer sees money in cryptocurrencies, but not a long-term future.

109782 | 34

Ethereum Surpasses $1,000 For the First Time, Factors Behind Increase

JAN 05, 2018 | by Joseph Young

The recent surge in Ether price can be largely attributed to two main factors: the abrupt surge in the value of Ripple and the rising user activity of DApps.

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Billionaire Fortress Investor: Cryptocurrencies Will Be Worth $5 Trillion by 2022

JUN 29, 2017 | by Joseph Young

Billionaire investor Michael Novogratz explains that the cryptocurrency market will be worth $5 trillion by 2022.

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Billionaire Investor Believes Bitcoin Will Reach $10,000 by End of Year

NOV 22, 2017 | by Jacob J

Billionaire Bitcoin investor Mike Novogratz believes the currency will hit $10,000 by year end.

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Crypto Hedge Fund Pantera Capital: BTC Will ‘Highly Likely’ Break $20,000 This Year

APR 14, 2018 | by Molly Jane Zuckerman

Cryptocurrency hedge fund says that BTC’s drop to $6,500 was most likely a low for the currency, which will “most likely” surpass $20,000 again this year.

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Novogratz: Rubbishes Bitcoin Bubble, $40,000 In December 2018

NOV 28, 2017 | by Gareth Jenkinson

Hedge fund legend Mike Novogratz doesn’t agree with ‘Bitcoin bubble’ rhetoric - predicts $40,000 in 12 months.

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Wall Street-Turned-Crypto Exec Novogratz Says ‘Enough Already’ To BCH-Promoting Tweet

MAY 06, 2018 | by Maxwell William

Ex-hedge fund manager Mike Novogratz weighs in on the BTC/BCH debate, making it clear he thinks BTC is the true Bitcoin.

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Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established

NOV 30, 2017 | by Jacob J

Unlike many bankers, Goldman CEO maintains neutral view of Bitcoin, cites both benefits and risks.

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Billionaire Investor Holds 10 Percent of His Life Savings in Bitcoin, Predicts Price to Hit $2,000

APR 21, 2017 | by Joseph Young

Billionaire hedge fund investor Mike Novogratz, who made it into the Forbes billionaire list in 2008, revealed that he holds 10 percent of his net worth in bitc...

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Bloomberg Partners Novogratz’s Galaxy Digital Capital To Release Crypto Benchmark Index

MAY 09, 2018 | by Molly Jane Zuckerman

Bloomberg and Mike Novogratz’s crypto merchant bank have announced a collaborative launch of a crypto benchmark index.

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Wall Street Exec Mike Novogratz: Crypto, Blockchain Mass Adoption Is ‘5 to 6 Years Away’

JUL 19, 2018 | by Helen Partz

Mike Novogratz makes the bet that a “herd of institutions” will embrace crypto and blockchain “in the next two to three years.”

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Bitcoin Price Reaching $10k by April 2018 ‘No Surprise’: Mike Novogratz

OCT 11, 2017 | by William Suberg

Hedge fund mogul Mike Novogratz has said he “would not be surprised” if Bitcoin were over $10,000 in the next six months.

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Billionaire Investor Novogratz: Institutional Investors Will Soon Adopt Bitcoin

NOV 14, 2017 | by Joseph Young

Millionaire Hedge Fund Legend and former Fortress Executive Mike Novogratz stated institutional investors are close to adopting Bitcoin.

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Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle

JUL 20, 2018 | by Marie Huillet

Bitcoin (BTC) has split off from other top cryptocurrencies and shows more resilience in holding on to gains secured in this week’s major upswing.

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Just More FUD: Citadel CEO Wary of Bitcoin Bubble

NOV 30, 2017 | by Gareth Jenkinson

Citadel CEO warns that confusion between Bitcoin and its Blockchain could burst the bubble.

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Most Cryptocurrencies Are Doomed to Fail, But There’s Money to Be Made, Says Credo CIO

JAN 17, 2018 | by Darryn Pollock

A traditional investment officer sees money in cryptocurrencies, but not a long-term future.

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Just More FUD: Citadel CEO Wary of Bitcoin Bubble

NOV 30, 2017 | by Gareth Jenkinson

Citadel CEO warns that confusion between Bitcoin and its Blockchain could burst the bubble.

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Billionaire Fortress Investor: Cryptocurrencies Will Be Worth $5 Trillion by 2022

JUN 29, 2017 | by Joseph Young

Billionaire investor Michael Novogratz explains that the cryptocurrency market will be worth $5 trillion by 2022.

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Wall Street-Turned-Crypto Exec Novogratz Says ‘Enough Already’ To BCH-Promoting Tweet

MAY 06, 2018 | by Maxwell William

Ex-hedge fund manager Mike Novogratz weighs in on the BTC/BCH debate, making it clear he thinks BTC is the true Bitcoin.

40228 | 10

Billionaire Investor Believes Bitcoin Will Reach $10,000 by End of Year

NOV 22, 2017 | by Jacob J

Billionaire Bitcoin investor Mike Novogratz believes the currency will hit $10,000 by year end.

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Novogratz: Rubbishes Bitcoin Bubble, $40,000 In December 2018

NOV 28, 2017 | by Gareth Jenkinson

Hedge fund legend Mike Novogratz doesn’t agree with ‘Bitcoin bubble’ rhetoric - predicts $40,000 in 12 months.

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Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established

NOV 30, 2017 | by Jacob J

Unlike many bankers, Goldman CEO maintains neutral view of Bitcoin, cites both benefits and risks.

40170 | 9

Ethereum Surpasses $1,000 For the First Time, Factors Behind Increase

JAN 05, 2018 | by Joseph Young

The recent surge in Ether price can be largely attributed to two main factors: the abrupt surge in the value of Ripple and the rising user activity of DApps.

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Regulators Could Start Stirring Again if Bitcoin Continues Rising: Mike Novogratz

DEC 06, 2017 | by Darryn Pollock

Bitcoin is starting to make a lot of noise which could attract unwanted attention from regulators.

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Billionaire Investor Holds 10 Percent of His Life Savings in Bitcoin, Predicts Price to Hit $2,000

APR 21, 2017 | by Joseph Young

Billionaire hedge fund investor Mike Novogratz, who made it into the Forbes billionaire list in 2008, revealed that he holds 10 percent of his net worth in bitc...

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Billionaire Investor Novogratz: Institutional Investors Will Soon Adopt Bitcoin

NOV 14, 2017 | by Joseph Young

Millionaire Hedge Fund Legend and former Fortress Executive Mike Novogratz stated institutional investors are close to adopting Bitcoin.

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Wall Street Exec Mike Novogratz: Crypto, Blockchain Mass Adoption Is ‘5 to 6 Years Away’

JUL 19, 2018 | by Helen Partz

Mike Novogratz makes the bet that a “herd of institutions” will embrace crypto and blockchain “in the next two to three years.”

28397 | 5

Shares in Novogratz’s Crypto Bank Galaxy Digital Plunge 20% in Toronto Exchange Debut

AUG 02, 2018 | by Marie Huillet

Shares in Mike Novogratz’s crypto-focused merchant bank, Galaxy Digital LP, plunged 20 percent during their trading debut on a Canadian stock exchange Wednesday...

17344 | 5

Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle

JUL 20, 2018 | by Marie Huillet

Bitcoin (BTC) has split off from other top cryptocurrencies and shows more resilience in holding on to gains secured in this week’s major upswing.

24191 | 4

Bitcoin Price Reaching $10k by April 2018 ‘No Surprise’: Mike Novogratz

OCT 11, 2017 | by William Suberg

Hedge fund mogul Mike Novogratz has said he “would not be surprised” if Bitcoin were over $10,000 in the next six months.

25771 | 4