Tag Archives: mike novogratz

Why Are Novogratz, Fidelity, And Bakkt Banking On Institutional Crypto Investors?

It goes without saying that Galaxy Digital, a digital asset-centric merchant bank, has been beaten and bruised in recent months. Months ago, to remain coherent with its appearance on the Toronto Stock Exchange, the startup was required to divulge its Q1 balance sheet, which wasn’t pretty, to put it lightly. However, the Galaxy’s top brass have seemingly remain undeterred,… Read More »

Revolut: Lack of Investor Interest Stunting Crypto Adoption on Wall Street

Advertisement Twitter Facebook LinkedIn Is crypto investing the future of banking? Not in the short term, says fintech executive Nikolay Storonsky, the CEO of London-based startup Revolut, which recently began offering cryptocurrency trading. Storonsky said he had seen “no interest” so far from mainstream institutional investors — despite the fact that Wall Street powerhouses Goldman Sachs and Fidelity are building financial… Read More »

Survey: 19% of Respondents Are Very Confident of ICO Market

A new survey has found that 19 per cent of respondents are very confident about the initial coin offering industry (ICO), whereas 36 per cent remain neutral. Neutral to Positive Confidence The survey was conducted by TGE, who surveyed CEOs, firms, and consultants to deliver a quantitative measure to better understand the ICO and blockchain space. TGE questioned 319 participants.… Read More »

Mike Novogratz’s Galaxy Digital Hires Goldman Sachs Exec to Oversee Blockchain Unit

Advertisement Twitter Facebook LinkedIn Mike Novogratz’s crypto investment bank, Galaxy Digital Capital Management, hired Goldman Sachs banker Ian Taylor to oversee the group’s advisory-services arm. Taylor will join Galaxy Digital before January 2019, sources told Bloomberg. Taylor was a managing director at Goldman, where he worked for almost 19 years, according to his LinkedIn profile. At Galaxy Digital,… Read More »

Crypto Mining Startup Bitfury Secures $80M From Galaxy Digital, Others

Bitfury Gains Traction, Secures Millions In Venture Capital Even though you may not know of Bitfury, the crypto- and blockchain technology-centric startup has been making waves in the mining subindustry, in spite of the dismal performance of the cryptocurrency market, which has seen the aggregate value of all digital assets take a 75%+ haircut. Per an official announcement… Read More »

Bitfury Raises $80 Million from Korelya, Macquarie, Mike Novogratz

Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc., European investment company Armat Group, European fund managers Jabre and Lian Group, Argenthal Capital Partners, insurance group MACSF and Mike Novogratz’s digital asset merchant bank Galaxy… Read More »

Ex-Goldman Sachs Partner Says BTC Price Will Top $20K This Year

What is it with billionaires and Bitcoin predictions? 2018 has been filled with predictions, revisions, and retractions. Here’s another one from Mike Novogratz. Lower Highs Are the new Moonshots In a recent chat with Financial News, Bitcoin bull and Galaxy Digital CEO Mike Novogratz said he believes Bitcoin (BTC) 00 will shake off its current malaise. Novogratz also… Read More »

Bull Call: Novogratz Says Bitcoin Will See Record Highs in 2019

Advertisement 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 over the… Read More »

Novogratz Bitcoin Prediction: BTC To Surpass $20,000 After Q2 2019

Since Mike Novogratz, a former Wall Street banker, has forayed into the crypto ecosystem, he hasn’t shied away from making predictions regarding the future of this nascent industry and the value of crypto assets, like Bitcoin (BTC). And although some of his comments and forecasts have come under fire from industry pundits, with a recent report from Financial News… Read More »

Novogratz: Bitcoin to Revisit All-Time High in 2019, Fueled by Institutional FOMO

One of the most prominent names in cryptocurrency investing believes that Bitcoin’s downtrend woes are near an end, and that a revisit to Bitcoin’s all-time high is on the cards during 2019 due to increased interest from institutional investors. Novogratz: Taking Out $10K Will Lead to New Highs Mike Novogratz, founder and CEO of crypto-focused investment firm Galaxy… Read More »