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The growing appetite of institutional investors means companies now hold more than 460,000 BTC, which is 3% of the total supply in circulation. Go to Source Powered by WPeMatico
Mike Novogratz’s Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners. Go to Source Powered by WPeMatico
Forbes has named the six biggest winners of this latest cryptocurrency rally, including the Winklevoss brothers and Bloq’s Matthew Roszak. Go to Source Powered by WPeMatico
Bitcoin price may have hit a multi-year high, but numerous fundamental factors signal that even better days are ahead. Go to Source Powered by WPeMatico
Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours. Go to Source Powered by WPeMatico
Bitcoin Bull Michael Novogratz’s company, Galaxy Digital, has acquired two cryptocurrency firms in preparation to meet a “bigger wave of institutional demand” for bitcoin. Big Wave of Institutional Demand for Bitcoin Incoming Galaxy Digital Holdings announced Friday that it has acquired two cryptocurrency trading firms: Drawbridge Lending and Blue Fire Capital. New York City-headquartered crypto … Read more
Galaxy Digital CEO Michael Novogratz explains why it is a dangerous time to be in the stock market right now, leading up to the U.S. presidential election. While bearish on the dollar, Novogratz is bullish on bitcoin and gold but thinks that bitcoin has more upside than gold. Dangerous Time to Be in Stock Market, … Read more
Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency. Mike Novogratz’s Bitcoin Prediction Galaxy Digital CEO Michael Novogratz said on Tuesday that bitcoin and gold have more room … Read more
The billionaire investor Michael Novogratz recently detailed in an interview that he thinks global investors should hold more gold in their portfolios and own less bitcoin. Novogratz’s statements follow his recent advice last month when he said investors should “watch gold and bitcoin.” Michael Novogratz is a well known investor and was a hedge fund … Read more
Michael Novogratz, who predicted BTC to hit $20,000 by the end of 2020, advises investors to own more gold than Bitcoin. Go to Source Powered by WPeMatico
