Michael Novogratz

Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line

The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.

Business  ·  9 April 2020

Novogratz’s Crypto Investment Firm Galaxy Digital Shrinks Workforce 15%

Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.

Business  ·  13 February 2020
Donald Trump

Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate

Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil.

Markets  ·  6 January 2020
ICOs

Don’t Throw the Crypto Tokens Out With the Bathwater

We’re at a point where any idea associated with tokens struggles for legitimacy and money. It would be a shame if we ditched token economics altogether.

Markets  ·  28 January 2019
Banking

Novogratz’s Galaxy Digital Will Start Trading on a Stock Exchange This Week

Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.

Business  ·  30 July 2018
Investments

AlphaPoint Raises $15 Million In First Major Funding Round

Crypto services company AlphaPoint announced it raised $15 million in its first major round of venture capital funding from Galaxy Digital.

Business  ·  14 June 2018
News

Bloomberg Partners with Novogratz to Launch Crypto Index

Bloomberg has partnered with Michael Novogratz's Galaxy Digital Capital Management to launch a cryptocurrency index.

Markets  ·  9 May 2018
Bitcoin

Mike Novogratz Doubles Down on $10,000 Bitcoin

Billionaire Mike Novogratz has restated his belief that bitcoin will end the year at $10,000, while ethereum could hit $500.

Tech  ·  22 November 2017
Investments

Billionaire Mike Novogratz: Bitcoin’s Price Will Reach $10k in Less Than a Year

Ex-fund manager Michael Novogratz has said in an interview that he believes the value of a bitcoin will reach $10,000 in six to 10 months.

Business  ·  11 October 2017