Dr. Steven Waterhouse, a founding partner of Pantera Capital, says that his biggest regret as a VC is not investing in the Ethereum (ETH) Initial Coin Offering (ICO), but he learned his lessons from his mistake. Waterhouse received his doctorate from Cambridge University back in 1997. He launched several successful ventures before joining Fortress Investment Group in 2013 where he rubbed shoulders with Mike Novogratz. Initially, the idea was to start a crypto fund within Fortress. When this did not work out, he became one of the founding partners of Pantera Capital, in which Fortress invested. Currently, he serves as …

Bitcoin has had a rough week, down around 9 percent and trading below $6,700. Ross Ulbricht, the founder of Silk Road, believes we’re in a bear market that could even take the price under $3,200. Ulbricht is serving two life sentences for money laundering, computer hacking, and conspiracy to traffic narcotics. Mike Novogratz disagrees. The famed investor and CEO of Galaxy Digital Holdings Ltd., is seeing greater adoption of Bitcoin, including among hedge funds and high-net worth individuals. He’s shorting stocks but believes “this is the time for Bitcoin.” It’s certainly time for debt. The US national debt has now …

As after any major Bitcoin (BTC) crash, analysts are now arguing over what could potentially have been the cause. But this time, the answer is simple, at least according to noted Bitcoin bull and Galaxy Digital CEO Mike Novogratz. In a tweet on March 13, Novogratz said: “[Bitcoin] was always a confidence game. All crypto is. And it appears global confidence in just about anything has evaporated.” Pandemic panic The coronavirus pandemic has shaken global markets to their core, and disputes between oil-producing nations have only added to the misery. As investors have been frantically liquidating their assets, even those …

Controversial altcoin XRP is still “proving” itself, but Bitcoin (BTC) remains the recommended investment choice in the cryptocurrency world, Mike Novogratz says. In a series of tweets on Feb. 6, venture capitalist Novogratz, who is also CEO of the cryptocurrency merchant bank, Galaxy Digital, delivered modest praise of XRP and Ripple, the company which owns more of it than anyone else. Novogratz “surprised” by XRP performance “This year the broader alt market, including $XRP has outperformed $BTC. This has surprised me,” he wrote. “That said, I see more and more large accounts getting educated and set up to be accumulators …