-Bitcoin news, price, information & analysis
Tuesday saw Bitcoin take a bit of a tumble, with the price of the asset currently down 7% in the past 24 hours. Despite the drastic pullback, some investors do not see this as a bearish sign, including Mike Novogratz of Galaxy Digital. Bitcoin Sees Pullback From Monthly...
Mike Novogratz’s merchant bank, Galaxy Digital, will be going public on Toronto’s TSX Venture Exchange on August 1st, making it one of the first ever public cryptocurrency focused merchant banks. In an interview with Bloomberg, Novogratz expressed some concerns with the upcoming IPO, mainly centered around the decline...
Billionaire Investor and President of Fortress Investment Group, Mike Novogratz, is leading a $52.5 million fundraising round for a cryptocurrency lending service called BlockFi. The investment is the latest move by the “Bitcoin King” that is solidifying his position as a leader within the expanding cryptocurrency community. BlockFi:...
Developers of EOS, Block.one, have received a further round of investment from backers including Peter Thiel, Bitmain, Louis Bacon, and Alan Howard. This follows recent support by Mike Novogratz’s Galaxy Digital and new hiring appointments to the Block.one team. Peter Thiel Makes Block.one Investment Peter Thiel was the...
Virtual reality platform High Fidelity believes that by using blockchain technology they can reach an audience of a billion people and have just raised $35 million in fresh revenue to do so. $35 Million Raised to Create New Virtual World The series D fundraising round was led by a...
Meet Wences Casares, the Argentine entrepreneur who has spent the past several years convincing Silicon Valley’s wealthiest investors that Bitcoin, and only Bitcoin, is the global currency of the future. His startup, Xapo, has built a network of underground cold storage vaults across five continents, specifically designed to...
The founder of Galaxy Digital Capital Management LP is joining forces with Bloomberg LP to start an index for the cryptocurrency industry, according to a statement from the two companies. Michael Novogratz, ex-hedge fund manager of the Fortress Investment Group, today launched the Bloomberg Galaxy Crypto Index (BGCI). According...
Mike Novogratz is extremely bullish on Bitcoin and other cryptocurrencies. He is convinced this new form of money has a bright future ahead in the years to come. His latest cryptocurrency merchant bank project attracts a lot of attention. Even Foxconn’s Terry Gou wants to get in on...
There are always some interesting developments in the world of Bitcoin. Mike Novogratz was forced to cancel his initial hedge fund plans. More specifically, the $500m fund will not launch after all. He also adjusted the Bitcoin price prediction of several months ago. In the long run, however,...
Mike Novogratz, former hedge-fund manager at Fortress, will advise on new token-exchange platform AirSwap. Based on the Ethereum network, the project aims to provide users a digital coin swapping service. The idea to is to match buyers and sellers in a model similar to CraigsList, or GumTree in...
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