With Bitcoin (CRYPTO: BTC) trading close to $64,000 Tuesday afternoon and bullish sentiment growing in intensity by the hour, a panel of experts suggested that is headed for $80,000.
Following a huge surge in cryptocurrency prices this year, crypto is going through a consolidation period, Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz said Wednesday on CNBC's "Squawk Box."
Former hedge fund manager and Bitcoin (CRYPTO: BTC) investor Michael Novogratz said that the cryptocurrency market is in “good shape” as long as Bitcoin and Ethereum (CRYPTO: ETH) hold above important levels.
After pulling back significantly from its highs, the cryptocurrency market has rallied over the past month. The increasing interest from large companies is helping to fuel the crypto recovery, Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz said Wednesday.
What Happened: Mike Novogratz, head of crypto-focused investment firm Galaxy Digital Holdings Ltd (OTCMKTS: BRPHF), remains optimistic in his outlook for digital currencies despite losing $175 million in the second quarter of this year.
Boxing legend Mike Tyson spurred a full-on cryptocurrency debate that attracted advocates of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and other altcoins.
Ethereum (CRYPTO: ETH) is trading in the green on Wednesday, outperforming the wider cryptocurrency market, amid a couple of bullish stances taken by analysts.
What Happened: London Stock Exchange-listed Bitcoin mining firm Argo Blockchain PLC (OTCMKTS: ARBKF) is reportedly considering a secondary listing on the NASDAQ.