Mike Novogratz News

While many analysts believe Bitcoin is destined for six figures if support at $40,000 can hold up, others are predicting an imminent bear cycle.

Retail investors had good reasons to overextend in the crypto market, says billionaire Bitcoin bull Mike Novogratz.

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.

The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations.

The billionaire crypto proponent said politicians and regulators have a flawed understanding of crypto and its technological underpinnings.

Pop starlet Miley Cyrus was spotted performing at an extravagant private birthday party for actress Gabriela Novogratz, the daughter of Galaxy Digital CEO Mike Novogratz.

“China has declared war on crypto as part of this broader cold war that we’re getting into,” Mike Novogratz stated.

Despite Twitter releasing 140 NFTs on the Ethereum blockchain, Twitter’s CEO continues to reject the altcoin as an investment.

Despite China's undermining, Bitcoin still exists and survives in lots of ways, Galaxy Digital's CEO says.

Ether could take longer than 12 months to regain ground versus Bitcoin due to increased uncertainties surrounding the shift to ETH 2.0 and reservations from institutional investors.

Cryptology Asset Group wants to invest $100 million into new crypto and blockchain-focused venture funds.

Bitcoin is "not going to bounce right back," said Mike Novogratz right before it bounced back to the $42,000s.

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.

In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth.

The EOS-based Bullish Global crypto exchange platform is expected to go live later in the year.