Novogratz Says Bitcoin Will See Record Highs in 2019

Twitter Facebook LinkedIn Mike Novogratz, the CEO of crypto investment firm Galaxy Digital, predicts that bitcoin will break out of its 2018 doldrums and soar to $20,000 in 2019 — fueled by a spike in institutional investments. The former Goldman Sachs investment banker says institutional “FOMO” (fear of missing out) will drive the market up …

Billionaire Mike Novogratz’ Crypto Fund is Fidelity’s First Custodian Client

Galaxy Digital, a crypto merchant bank operated by billionaire investor Mike Novogratz listed on Toronto-based stock exchange TSX-V, has become the first alpha crypto custody client of Fidelity Digital Assets. This week, Fidelity, the world’s fourth-largest asset manager with $7.2 trillion in assets under administration as of October 2018, launched Fidelity Digital Assets, a subsidiary …

Cryptocurrency Bank Galaxy Digital Lost $134 Million in Q1. Now It’s Going Public.

Telling prospective investors that your cryptocurrency merchant bank lost more than $130 million during a single quarter is not the optimal way to market your firm on the eve of its public listing, yet that’s the situation in which Mike Novogratz now finds himself. According to Bloomberg, Novogratz’s firm — Galaxy Digital LP — will …

DOJ’s Bitcoin Price Manipulation Probe a ‘Good Thing’: Mike Novogratz

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Billionaire investor and former hedge fund manager Mike Novogratz said that he is optimistic that the US Department of Justice’s (DOJ) recently-launched probe into allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market. Speaking in an …