Mike Novogratz, CEO of financial services firm Galaxy Digital, recently expressed his usual bullish Bitcoin sentiments on CNBC’s Squawk Box morning show. During the short segment, the show’s interviewer asked Novogratz about Bitcoin (BTC) in relation to gold. He noted that big players are seemingly buying crypto after selling their gold investments, with gold recently seeing an all-time high level of outflow. “I think it’s meaningful but it’s not the real story,” Novogratz said on Tuesday morning. “The real story is adoption of Bitcoin, adoption of crypto, across a vast variety of accounts,” he noted, going on to mention Guggenheim's …

CNBC Fast Money trader Brian Kelly sees three potential signs of a price top as Bitcoin (BTC) hits $19,000. Both fundamental and technical factors suggest a pullback could be imminent as the rally becomes overextended. Kelly named three reasons why a short-term Bitcoin pullback might occur. The reasons were the pump of altcoins, overpriced address growth and high funding rates. On Nov. 25, he said on CNBC: “I’m still a Bitcoin bull. In the long run, I’m going to be a bull for the next decade. But, if I take off the long-term investor hat and put on my short-term …

The world’s first livestreaming platform dedicated to cryptocurrency is going live just in time for the 2021 bull market. Ran Neuner, host of CNBC’s Crypto Trader show, has launched the first call-in media channel devoted exclusively to cryptocurrency. Dubbed Crypto Banter, the station features a blend of news, opinions, interviews and live discussions with industry leaders. Crypto Banter aims to be the world’s first crypto-based streaming platform available 24 hours per day, 365 days per year. The new service is designed to provide viewers with an alternative source of “credible, live information” that can be accessed any time without having …

A bullish Brian Kelly of CNBC’s Fast Money said today that Bitcoin’s gains may extend to a full year after the halving — which many members of Crypto Twitter immediately took as a major sell signal. In a Nov. 12 interview on CNBC, Kelly said to host Melissa Lee that the surge of high-profile and institutional investors moving toward Bitcoin (BTC) could mean a bullish future for the cryptocurrency. Asked for a price prediction, he instead said: “There’s a lot of scope for upside. Most of the gains that come are the year after the halvening, and we’re seven months …

American billionaire Stanley Druckenmiller has changed course on Bitcoin, saying it has the potential to store value for future generations. Speaking on CNBC today, Druckenmiller said that although he was still more heavily invested in gold than crypto, he had purchased at least some Bitcoin (BTC). He did not specify how much. “Bitcoin could be an asset class that has a lot of attraction as a store of value to both millennials and the new West Coast money — and, as you know, they got a lot of it,” said the billionaire. “It’s been around for 13 years and with …

Recently, Jim Cramer, the host of CNBC’s Mad Money, says he might invest 1% of his net worth in Bitcoin (BTC). The famed investor drew comparisons between BTC and gold and cited the importance of hedging against inflation. During a podcast with Anthony Pompliano, Cramer said he would “take a shot at that with 1%.” Since the lead up to Bitcoin’s 2017 bull run, CNBC, Bloomberg and institutional analysts have been extremely critical of the digital asset. Most claimed that cryptocurrencies were ponzi schemes, scams, or unsustainable, but this narrative began to shift in April 2019 when the digital asset …

Jim Cramer, host of the popular CNBC mainstream markets show, Mad Money, described changing mindsets across generations as they relate to wealth storage. "I think that my kids, when they get my inheritance, won't feel comfortable with gold, and will feel comfortable with crypto," Cramer told Morgan Creek Digital co-founder Anthony Pompliano on a podcast episode. "I have to start recognizing that maybe I am using a typewriter," he said of his possibly outdated gold storage practices. Cramer's comment came in the middle of a lengthy interview, which saw the mainstream markets expert asking Pompliano a number of questions about …

Paul Tudor Jones, a legendary hedge fund investor, triggered massive excitement in crypto markets yesterday by revealing that Bitcoin (BTC) is part of his portfolio. Traders and industry players like BitMEX’s CEO expect that the move will bring more big investors to the market. Arthur Hayes, CEO of the world’s second largest crypto exchange, BitMEX, says that Jones has just removed career risk from investing in cryptos like Bitcoin. “Expect a lot of beta fund managers to begin cooking some copypasta,” Hayes tweeted May 7. Jones paves the way for other hedge fund managers to get into Bitcoin Hayes is …

American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory scrutiny on Facebook’s not-yet-launched Libra stablecoin and related projects, CNBC reports Nov. 21. The bipartisan team of the House Financial Services Committee introduced the bill today, speaking at a committee hearing on the role of big data in financial services. Libra is “clearly” a security under existing law, lawmaker claims In the new bill called the “Managed Stablecoins are Securities Act …

China will “definitely” deploy its new digital currency within the next six months to a year, a local blockchain investor has said. Speaking to CNBC on Nov. 20, Edith Cheung, partner at blockchain-focused venture capital fund Proof of Capital, appeared convinced about the digital currency’s imminent arrival. Cheung: rollout could come in May 2020 “I think definitely within the next six to twelve months,” she told the network about a launch time frame. China has revealed it has been developing the virtual yuan for several years, but senior government officials have so far declined to state when it could become …

⁠David Marcus, the head of Facebook’s forthcoming cryptocurrency wallet Calibra, said that he is a fan of Bitcoin (BTC) but it is totally different to the proposed Libra stablecoin. Bitcoin is digital gold, Marcus says In a Squawk Box interview on Oct. 16, Marcus stated that he has been looking at Bitcoin since 2012 and considers it to be akin to digital gold. When asked by Squawk Box co-host Joe Kernen if he owns any Bitcoin or other cryptocurrencies, Marcus did not answer directly but noted that he was an early fan of the major cryptocurrency. He said: “I’m a …

Famous emerging markets investor Mark Mobius believes that Bitcoin (BTC) needs to be backed by gold to have any value. Crypto and blockchain are “very risky situations” Mobius, founder at frontier markets asset manager Mobius Capital Partners, expressed concerns over risks associated with cryptocurrencies and blockchain tech in an interview on Squawk Box on Sept. 5. When CNBC’s crypto activist Joe Kernen asked whether Mobius believes that Bitcoin has inherent value, the famed investor avoided answering the question directly, claiming that the world really needs a cryptocurrency that would be backed by gold. Mobius said: “If there is a cryptocurrency …