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The price of the first cryptocurrency will remain in the $20,000–$30,000 range as the interest in digital gold is not supported by a significant influx of institutional funds. This was stated by
“Greed, ignorance and stupid risk management” has caused the cryptocurrency market to crash. This was stated in an interview with Bloomberg by Mike Novogratz, head of Galaxy Digital. The senior executive said
Galaxy Digital CEO Mike Novogratz said in an interview with CNBC that he does not believe in the possibility of lowering the price of the first cryptocurrency to $13,000. “Can we go
The stagnation in the cryptocurrency market will continue for about 18 more months, and the industry will see the first signs of recovery after monetary policy loosening. fed. This was stated by
Once the US Federal Reserve (Fed) stops raising its key interest rate, Bitcoin will “lead” a new rally in the cryptocurrency market. This was stated by Mike Novogratz, president of Galaxy Digital,
Mike Novogratz, CEO and founder of Galaxy Digital crypto bank, believes that, unlike traditional US financial market assets, the two largest cryptocurrencies by capitalization are already near the “bottom”. It is reported
While the idea of creating an algorithmic stablecoin seems promising, the collapse of the Terra ecosystem has shaken confidence in the DeFi industry and the cryptocurrency market in general. This was announced
The next few quarters will be volatile for the market due to the downside on Wall Street, jeopardizing the $30,000 support levels for Bitcoin and $2,000 for Ethereum. This perspective was presented
Bitcoin will “take off” again as soon as possible fed will stop tightening monetary policy. This view was expressed by Galaxy Digital founder Mike Novogratz during the Bitcoin 2022 conference in Miami,
