Follow the latest news on Mike Novogratz, CEO of Galaxy Digital. Stay informed on his crypto market insights, investment strategies, public commentary, and influence on institutional adoption of digital assets.
Galaxy Digital appoints former BlockFi CEO Zac Prince as Managing Director to work alongside President Chris Ferraro, leveraging his expertise in digital asset lending during a pivotal time for cryptocurrency.
From Bitcoin’s price recovery near $100K to groundbreaking developments in ETF transparency and significant market events, the crypto landscape continues to evolve with notable shifts in industry dynamics.
Mike Novogratz is convinced XRP and Cardano are among the industry leaders per their first-mover advantage.
Despite its very impressive launch, the TRUMP token has since struggled in the crypto market. Prices have fallen over 79% from their January 19 peak.
Galaxy Digital’s Mike Novogratz is pushing for a pro-crypto leader for the US SEC.
In the past, Galaxy Ventures invested between $30 million and $50 million of the firm’s money into various crypto startups.
If China re-enters the crypto market, it could drive a major upward rally. Additionally, embracing Bitcoin could solidify China’s position in the global fintech landscape, enhancing international trade.
Mark Cuban, a longtime critic of the SEC, told the attendees after the end of the meeting that Biden should fire Gary Gensler.
According to the announcement, State Street Bank and Trust will manage the day-to-day operations and administration of the new ETFs.
Despite Novogratz’s enthusiastic support, not everyone in the industry agrees with his views on meme coins.
While all of the prospective Ethereum ETF issuers have fulfilled the bidding of the US SEC by removing staking in their applications, investors might still favor ETH in the ETF market.
Compared to earlier polls, this survey indicates a heightened interest among voters regarding candidates’ positions on crypto-related policies.
The new Galaxy Digital fund dubbed the Galaxy Ventures Fund I, LP, will invest in as many as 30 startups over the next three years.
The company revealed in a blog post that, as of February 29, 2024, GAM was managing a staggering $10.1 billion in assets, marking a substantial 24.8% increase compared to the previous month.
The billionaire CEO described the current market level as “frothy”, noting that BTC is experiencing a price discovery phase with the arrival of the ETFs, bringing in “a new army” to test the market.