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3 mins read
Mike Novogratz pounded the recession alarm, warned stocks would plunge further, and predicted some benefits from the crypto crash this week. Here are the 12 best quotes.
The Galaxy Digital CEO expects a deep recession in the near future, and anticipates the crypto cras…
Theron Mohamed
2 mins read
Bitcoin may be near a bottom at $20,000 as the crypto market endures a 'Long Term Capital Management moment', says Mike Novogratz
The liquidity crisis at crypto lender Celsius and the TerraUSD collapse are reminiscent of the leve…
Carla Mozée
1 min read
Two-thirds of crypto hedge funds will fail due to the massive sell-off that was sparked by Fed tightening, Mike Novogratz predicts
Mike Novogratz thinks most crypto hedge funds will fail as market turbulence sparked by the end of …
Brian Evans
2 mins read
MicroStrategy's massive debt-fueled bitcoin purchases could make a future downturn worse, JPMorgan says
"Purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk o…
Filip De Mott
2 mins read
One-time Luna bull Mike Novogratz offers 4 investing tenets as crypto heads for more post-crash volatility; 'There is no cavalry coming'
"It was a big idea that failed," the Galaxy Digital founder and CEO said in a letter to investors a…
Brian Evans
1 min read
BlackRock pushes for the first ever US spot bitcoin ETF - crypto bull Mike Novogratz thinks it could 'the best thing that could happen' for the world's largest cryptocurrency
The world's largest asset manager filed an application on Thursday to create the iShares Bitcoin Tr…
Zahra Tayeb
1 min read
A third of consumers see bitcoin plunging at least 70% this year even as the token hits record highs, Deutsche Bank survey says
Only 10% of surveyed consumers see bitcoin extending past $75,000, according to the new survey.
Filip De Mott
1 min read
Jamie Dimon compares bitcoin to smoking, saying he supports peoples' right to buy it, but that he never would
"I defend your right to smoke a cigarette, I'll defend your right to buy a bitcoin," the JPMorgan c…
Filip De Mott
2 mins read
Mike Novogratz says he'll be 'the happiest guy' if bitcoin ends the year at $30,000 given the crypto market headwinds
"I would've given both my shoes for that to be true just six weeks ago," the longtime crypto bull t…
George Glover
1 min read
Here's how to invest $100,000 right now, according to billionaire Mike Novogratz
The crypto enthusiast suggested that young and risk-tolerant investors buy Alibaba stock, silver, e…
Filip De Mott
1 min read
Billionaire crypto bull Mike Novogratz says the US is headed for a credit crisis and a dramatic economic slowdown that will make bitcoin's investment case stronger
"The government has kind of gone full jihad against crypto," Galaxy Digital CEO Mike Novogratz said.
Morgan Chittum
2 mins read
Mike Novogratz sees the bond sell-off helping to push bitcoin's price higher as the cryptocurrency sets sights on $50,000
The bitcoin bull earlier this year expected bitcoin to trade between $30,000 and $50,000, with the …
Carla Mozée
1 min read
Billionaire bitcoin bull Mike Novogratz says 2023 will be a year for crypto markets to try and survive, and 'heal and rebuild narrative'
"The outlook for crypto is not horrible, but it's not great," the Galaxy Digital CEO said. "We've g…
Morgan Chittum
2 mins read
Mike Novogratz says the bitcoin market got too excited before the latest crash - and singles out highly leveraged retail traders
"This was a little air being popped out of the balloon," crypto billionaire Mike Novogratz said of …
Harry Robertson
1 min read
Bitcoin bull Mike Novogratz says crypto's forced deleveraging is over and bitcoin is still an asset to hold amid economic uncertainty
"The worst is over. There is no more forced deleveraging that's going to happen," the famed crypto …
Jennifer Sor
2 mins read
Mike Novogratz backs off his call for bitcoin to hit $500,000 in 5 years, blaming the Fed's rate hikes
The Federal Reserve's interest-rate increases have suppressed bitcoin's value this year, the Galaxy…
George Glover
2 mins read
Crypto market shrinks after another $350 billion gets wiped out over the weekend, with bitcoin at a 6-month low
Bitcoin is now 50% off its all-time high, while ethereum is also at lows not seen since July.
Adam Morgan McCarthy
2 mins read
Bitcoin billionaire Mike Novogratz says the $3.6 billion Bitfinex hack recovery is bullish for crypto because it shows the strengths of the blockchain
"It's a good day for the crypto security companies," Galaxy Digital boss Mike Novogratz said after …
Harry Robertson
1 min read
Bitcoin touches $42,000 as gains this year outpace US stocks and gold
Hopes for Fed rate cuts, optimism about a spot ETF approval, and the scheduled halving in 2024 are …
Aruni Soni
1 min read
Crypto bull Mike Novogratz sees bitcoin's price floor at $38,000 as institutions take positions during latest sell-off
Bitcoin and other cryptocurrencies were slammed as the Fed indicated a faster pace of both rate hik…