Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz
The Galaxy Digital CEO said there has been a recent lack of institutional interest in cryptocurrency buying, which has led to deflated enthusiasm in the markets.
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Crypto asset
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Gary Gensler
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NFT
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The US Securities and Exchange Commission
Mike Novogratz Laments US Government’s Penchant for Discussing Crypto While Saying ‘Nothing About AI Regulation’
Galaxy Digital Holdings chief executive Mike Novogratz has said he finds it shocking that U.S. authorities are interested in talking about the regulation of crypto, but have said nothing about…
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Future of Life Institute
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Elon Musk and tech execs call for ‘pause’ on AI development
The authors of the letter explained that advanced AI could cause a profound change in the history of life on Earth, for better or worse.
Galaxy Digital swings to profit after $1B net loss in 2022
The Mike Novogratz-led digital asset firm recorded a pre-tax income of $150 million during most of Q1 2023.
Banking Crisis
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Michael Novogratz
Mike Novogratz
Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’
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…
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Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed…
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Mike Novogratz Says Bitcoin Could Return to $30,000 Next Month
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…
Bitcoin price hits $25K in new 2023 high
Despite macroeconomic headwinds and regulatory crackdowns on crypto, Bitcoin is made a new high for 2023.
Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF
Anthony Scarammuci also noted that there was "clearly fraud" in the SBF and FTX debacle, while Mike Novogratz said there’s a side of him that would like to “punch” SBF…
Argo Blockchain mines 25% less Bitcoin due to winter storm at Helios
Argo Blockchain mined less Bitcoin than expected in December due to the firm curtailing mining operations at Helios amid extreme weather conditions.