Michael Novogratz – DIGIT INFO

Galaxy Asset Management raises $113M for new crypto venture

DIGIT — Thu, 25 Jul 2024 11:10:19 +0000

The $113 million could be a significant financial lifeline for cryptocurrency startups and invite more institutional attention to the crypto space.

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Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz

DIGIT — Thu, 13 Jun 2024 06:28:00 +0000

Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.

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Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

DIGIT — Mon, 20 May 2024 00:24:55 +0000

Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it means BTC will probably trade “somewhere between $55,000 and $75,000 until the next set of circumstances, the next set […]

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Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — ‘That’s the New Floor’

DIGIT — Sat, 16 Mar 2024 04:00:56 +0000

Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added, noting that we’re in price discovery mode and if you look […]

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German asset manager DWS joins Galaxy to issue euro stablecoin

DIGIT — Wed, 13 Dec 2023 08:57:01 +0000

AllUnity, a new joint venture by DWS, Galaxy and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, DeFi use cases.

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BitGo raises $100M after losing lawsuit against Galaxy

DIGIT — Wed, 16 Aug 2023 13:15:08 +0000

BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said.

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Bitstamp crypto exchange to raise funds for global expansion: Report

DIGIT — Tue, 08 Aug 2023 08:37:31 +0000

One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy Digital.

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Bankrupt Celsius to spend $24M from GK8 sale on legal expenses

DIGIT — Tue, 18 Jul 2023 09:15:11 +0000

After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees.

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Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’

DIGIT — Sun, 19 Mar 2023 03:30:50 +0000

Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing that “we are heading into a recession,” he expects the Federal Reserve to cut interest rates “sooner than we think.” Novogratz on Global Credit Crunch and Recession Galaxy Digital CEO Mike Novogratz shared his outlook for the U.S. […]

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Mike Novogratz Says Bitcoin Could Return to $30,000 Next Month

DIGIT — Fri, 17 Feb 2023 01:00:56 +0000

Galaxy Digital CEO Mike Novogratz says he wouldn’t be surprised if the price of bitcoin returns to $30,000 next month. “When I look at the price action, when I look at the excitement of the customers calling, the FOMO [fear of missing out] building up, it wouldn’t surprise me,” the executive shared. Bitcoin Could Return […]

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