Outspoken Bitcoin bull and founder of the cryptocurrency-focused Galaxy Digital, Mike Novogratz, believes that investor interest in cryptocurrencies like Bitcoin and Ethereum have left the market for macro trading. Despite this, Novogratz still expects Bitcoin to emerge as a digital store of value in the end. Novogratz: Investors and Traders Ditch Crypto for Macro Trading… Continue reading Novogratz: Interest Left Crypto for Macro, But Bitcoin Will Emerge As Store of Value
Category: Mike Novogratz
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Bitfury Raises $80 Million from Korelya, Macquarie, Mike Novogratz
Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc., European investment company Armat Group, European fund managers Jabre and Lian Group, Argenthal Capital Partners, insurance group MACSF and Mike Novogratz’s digital asset… Continue reading Bitfury Raises $80 Million from Korelya, Macquarie, Mike Novogratz
Report: Coinbase Negotiation Could Value Crypto Exchange at $8 Billion
Tech media site Recode reports that crypto exchange Coinbase is in negotiations that could increase the firm’s value to $8 billion. San Francisco-based cryptocurrency exchange and wallet service Coinbase is finishing negotiations that would value the company at $8 billion, technology news site Recode reports Oct. 2. Citing anonymous sources familiar with the matter, Recode… Continue reading Report: Coinbase Negotiation Could Value Crypto Exchange at $8 Billion