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 …

Bitcoin Still in the Middle of a Bear Market: Analyst

Veteran Bitcoin analyst Willy Woo insists that bitcoin is still in the middle of a bearish trend. This contradicts the opinions of some experts who believe that the sell-off period has already come to an end, therefore expecting a bull ride to kick in. Market Behaviour and Speculators Since January 2018, bitcoin and the cryptocurrency …

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 …

Billionaire Mike Novogratz Says ‘Bitcoin Core is BTC’

Join our community of 10 000 traders on Hacked.com for just $39 per month. “Enough already.” That’s the message that billionaire Mike Novogratz had for the @Bitcoin Twitter account, whose operator has lately hopped on the “Bitcoin Cash is Bitcoin” bandwagon. Responding to a post that claimed Bitcoin Cash is the “oldest cryptocurrency” and that …

Litecoin Price Jumps 25% as Founder Lee Remains Upbeat

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Litecoin price posted one of the biggest gains today, jumping from $236.76 at the start of the day to a high of $305.66 around noon Saturday (UTC), marking a 29% gain, before sliding back to $290.08 at the time of this report. With …