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.

News
Michael Novogratz, who predicted BTC to hit $20,000 by the end of 2020, advises investors to own more gold than Bitcoin.
Hold More Gold Than Bitcoin, Says BTC Bull Mike Novogratz
Helen Partz
2020-07-09T19:48:00+01:00
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In anticipation of AVA mainnet launch this summer, Emin Sirer’s AVA project raises $12 million from major industry investors.
Galaxy Digital and Bitmain Lead AVA Project’s $12M Private Token Sale
Helen Partz
2020-06-25T14:00:00+01:00
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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.
Novogratz Alludes Stimulus Causing Recent Bitcoin Uptrend
Benjamin Pirus
2020-05-06T22:24:46+01:00
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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.
Mike Novogratz on Telegram: ‘We Don’t Need Another Crypto’
Helen Partz
2020-04-30T18:30:00+01:00
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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.
Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss
Helen Partz
2020-04-09T20:00:00+01:00
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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.
Mike Novogratz May ‘Hang His Spurs’ if Bitcoin Doesn’t Hit $20K in 2020
Helen Partz
2020-04-03T12:54:00+01:00
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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 cryptocu...
'This Will and Needs to Be Bitcoin’s Year' Says Mike Novogratz
Marie Huillet
2020-03-23T09:34:00+00:00
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In an interview with mainstream media, the venture capitalist pointed to Bitcoin’s upcoming halving as a major price goal.
‘Best Brand’ Bitcoin Can Hit $20K by May Halving, Says Mike Novogratz
William Suberg
2020-02-15T12:55:00+00:00
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