Bitcoin, the largest cryptocurrency asset could see a significant rise in the coming months as Mike Novogratz, the Chief Executive Officer (CEO) of Galaxy Digital foresees BTC to benefit substantially from the anticipated Federal Reserve cut rates this year. Fed Cut Rate, A Great Set Up For Bitcoin The Federal Reserve has been indicating since […]
Michael Novogratz, CEO of cryptocurrency investment firm Galaxy Digital, offered a nuanced outlook on Bitcoin’s future in a recent interview. While acknowledging short-term risks like a potential price drop to $42,000, his overall tone leaned towards long-term bullishness fueled by institutional adoption and a maturing market. Stumbling Blocks On The Road To $69K Novogratz was […]
Galaxy Digital seems to be bullish on Bitcoin and Ethereum, as revealed by the latest data. The blockchain company recently invested heavily in Bitcoin and Ethereum positions amidst the ongoing increase in price. While quoting data from DeFi portfolio tracker DeBank, Lookonchain showed that Galaxy Digital deposited 4,168 WBTC (worth $142 million) and 16,000 ETH […]
Amid recent fake news that rattled the crypto community, the anticipation and excitement surrounding the potential approval of Bitcoin (BTC) spot exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) have not waned. Adding to the growing optimism, Galaxy Digital CEO Mike Novogratz has provided further hope for the imminent approval of these […]