Binance settlement ‘net positive’ for cryptocurrency industry – Mike Novogratz

Binance’s $4.3 billion settlement with the United States justice department is being hailed as a positive move for the company and the wider cryptocurrency industry, according to Galaxy Digital’s Mike Novogratz.In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency i ...

Bitcoin ETFs will drive institutional adoption in 2024 – Galaxy Digital’s Mike Novogratz

Galaxy Digital founder Mike Novogratz has told investors that 2024 will be headlined by institutional adoption of cryptocurrencies driven by the pending approval of Bitcoin (BTC) spot exchange-traded funds (ETFs).During Galaxy Digital’s third-quarter earnings call on Nov. 9, Novogratz ...

BlackRock insiders say Bitcoin ETF is likely 6 months away: Novogratz

The United States’ first spot Bitcoin (BTC) exchange-traded fund (ETF) could be approved sometime before February, according to Galaxy Digital CEO Mike Novogratz, citing sources at BlackRock and Invesco. “It's a big, big deal. It's a big deal because both our contacts ...

Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratz’s ideal portfolio

Galaxy Digital's founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he'd invest in the Chinese giant Alibaba, silver, gold, Bitcoin (BTC), and Ethereum (ETH).“I ...

Bitcoin ETF is the needed ‘seal of approval’ for BTC: Mike Novogratz

The approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) would equate to a “seal of approval” for Bitcoin from the United States government and its securities regulator, says Mike Novogratz.In a July 12 interview with Bloomberg TV the founder of crypto investment firm Galaxy Digital ...

US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital

The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely dismissing digital asset custodian BitGo’s case following a dropped acquisition of the firm in 2022.According to court documents filed on June 9, Vice Chancello ...

Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz

Galaxy Digital CEO Mike Novogratz has described the broader crypto market as being “lackadaisical” — or lacking enthusiasm — due mainly to a shying away of institutional investors from cryptocurrencies.In a June 1 interview with CNBC, Novogratz said that while the relatively small retail b ...

Galaxy Digital Founder Predicts Bitcoin Price to Reach $40,000 if US Fed Cuts Interest Rates

Galaxy Digital founder Mike Novogratz has recently shared his thoughts on the future of bitcoin's price, stating that it could potentially reach $40,000 in the event that the US Federal Reserve decides to cut interest rates. Novogratz is optimistic about the prospects of both Bitcoin and Ethereum ...