The chief executive of crypto investment firm Galaxy Digital says that Bitcoin (BTC) could hit six figures this year if one key event occurs soon. In a new interview with Bloomberg Television, Mike Novogratz says that if Bitcoin flips the $73,000 level into support he expects the king crypto to reach $100,000 before the end […]
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Galaxy Digital CEO Mike Novogratz predicts bitcoin could hit $100,000 by year-end, citing a positive U.S. political environment for digital assets. He highlighted growing optimism for cryptocurrencies and progress on SEC approval of spot ethereum ETFs. However, the industry recently faced a setback when President Joe Biden vetoed a resolution to overturn the controversial crypto […]
Galaxy Digital CEO Mike Novogratz believes that the so-called great wealth transfer could give a huge boost to Bitcoin (BTC) and other digital assets. In a new CNBC interview, the billionaire says that the millennials, who stand to inherit the largest transfer of wealth in history, are more inclined to invest in digital assets than […]
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The CEO of the crypto investment firm Galaxy Digital says Democrats are changing their tune on crypto as the 2024 US Presidential election approaches. In a new interview with CNBC’s Squawk Box, Mike Novogratz says the Biden administration is listening to the markets and shifting its standpoint on crypto. “But assuming, you know, the market is right, […]
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Galaxy Digital CEO Mike Novogratz is predicting that new “market events” will propel Bitcoin (BTC) and other crypto assets to the next leg up. In Galaxy Digital’s Q1 earnings call, the billionaire says that a break out for Bitcoin, Solana (SOL), Ethereum (ETH) and other digital assets could still be a few months away, following […]
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The founder and CEO of Galaxy Digital believes looming rate cuts by the Fed are bullish for Bitcoin (BTC) and precious metals. Billionaire Mike Novogratz tells his 466,200 followers on the social media platform X that rate cuts may be bad for the US economy, but good for Bitcoin. He suggests rate cuts will increase […]
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Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give the U.S. a chance to avoid a “debt death spiral.” […]
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added, noting that we’re in price discovery mode and if you look […]
The founder and CEO of Galaxy Digital is predicting when Bitcoin (BTC) could experience a significant correction following a rally that has seen the flagship crypto asset appreciate by over 65% year-to-date. In a new CNBC interview, Mike Novogratz says that Bitcoin’s current upward trajectory could reverse if the outflows from spot market Bitcoin exchange-traded […]
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Galaxy Digital CEO Mike Novogratz firmly believes that bitcoin will reach $100K this year. “Right now there are more buyers and sellers,” he explained, adding that there is “runaway momentum” in bitcoin exchange-traded funds (ETFs). In addition, he pointed to a “new phase of bitcoin” as the asset class welcomes baby boomers. He further asserted […]