Fortress CIO Mike Novogratz Explains Why He is Bullish on Bitcoin
Fortress Investment Group CIO Mike Novogratz is bullish on bitcoin. Why? The digital currency is attracting some of the smartest people around, he says. In an interview with Bloomberg TV from the 2014 Sohn Investment Conference in New York, and reported by Business Insider, Novogratz argued that bitcoin is attracting some serious talent, including some of the brightest programmers on the face of the planet. Furthermore, there is a lot of smart money flowing into the digital currency, he added. Human and financial capital. Novogratz claims there are an estimated 30,000 individual....
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Mike Novogratz, a billionaire investor and former hedge fund manager, has always defended bitcoin when it acts erratically, but he recently stated in an interview that the world’s most valuable digital currency will never be used for payments. Bitcoin Won’t Be Used For Payments, Says Novogratz Mike Novogratz said bitcoin will not be used as […]
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,” he said.
Mike Novogratz on Future Outlook of Crypto Market
The CEO of Galaxy Digital, Mike Novogratz, talked about the outlook for the cryptocurrency market in an interview with CNBC last week. He was asked about the falling prices of cryptocurrencies, particularly bitcoin.
“Part of the bitcoin story was the....
Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. He explained that bond sell-offs and increased crypto adoption have boosted the prices of cryptocurrencies, particularly bitcoin. “I think you are going to see the Democrats taking a softer stance,” he added.
Mike Novogratz Expects Lawmakers to Take a Softer Stance on Crypto
Galaxy Digital CEO Mike Novogratz talked about why he is more optimistic about the crypto market now than he was six or seven weeks ago in an interview with CNBC Tuesday. The....
Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect its price to drop to levels seen in March when it crashed to under $4,000. Instead, he asserts that “bitcoin prices shouldn’t fall below $12,000 in this current cycle.” Evidence of a Supporting Bitcoin Price According to a report, the bitcoin bull says unlike 2017, current....
Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about bitcoin and companies like Coinbase remaining prosperous. Novogratz Warns of a Crypto Market ‘Washout’ Shares in Coinbase Global, Inc. (Nasdaq: COIN) are currently down 5% since yesterday’s opening and during the launch billionaire Mike Novogratz spoke about the San Francisco....