Does This Market Indicator Confirm the Novogratz Predicted Rebound?

Bitcoin bull and highly cited cryptocurrency proponent Mike Novogratz called “bottom” this week on Twitter. On Friday, Bitcoin’s market performance and key market reversal indicated a possible turning point. What will Monday bring? Is the market still too bearish? Bitcoin Could Have Oversold According to a Friday report from Bloomberg, a key market sign — the Williams %R […]

Continue Reading

Overstock Shares Plummet, Losing Around 50 Percent YTD

The cryptocurrency market has been in a steady decline for the last couple of weeks. Since the beginning of August, a little over $90 billion were wiped off the market. Popular e-commerce company Overstock has also felt the impact, forfeiting 50 percent of its value in 2018. A Bumpy Ride Much like other companies, Overstock […]

Continue Reading

Crypto Hedge Funds Launching at ‘Surprising’ Record Pace in 2018

Specialized cryptocurrency funds are launching at a record pace, according to a new research. While the prices are steadily depreciating across the board, these new findings challenge the notion of a continuous bear market. More Than 150 Cryptocurrency to Launch in 2018 According to a new research from Crypto Fund Research, there are a total […]

Continue Reading

Novogratz Invests $15M in White-Label Cryptocurrency Exchange Startup

Georgi Georgiev · June 16, 2018 · 7:00 pm Former Wall Street macro trader and vocal Bitcoin proponent Mike Novogratz has expanded his involvement in the cryptocurrency field, investing $15 million in a startup company which aims to facilitate the launch of trading platforms and tokenizes assets through blockchain-based technology. Despite the current market correction, […]

Continue Reading

Billionaire Bitcoin Bull Partners with Bloomberg to Launch Cryptocurrency Index Platform

Osato Avan-Nomayo · May 10, 2018 · 12:30 pm Bitcoin proponent and former Goldman Sachs trader Mike Novogratz has inked a partnership deal with Bloomberg to launch a cryptocurrency index platform. Novogratz’s Galaxy Digital Capital Management LP and Bloomberg will establish the Bloomberg Galaxy Crypto Index (BGCI). The index service will provide trusted asset tracking […]

Continue Reading