Unconfirmed: Mike Novogratz on the 5 Reasons the Crypto Markets Plummeted - Ep.239

Published: May 21, 2021, 7:30 a.m.

b'Mike Novogratz, founder, CEO, and chairman of Galaxy Digital, digs into the drivers behind this week\\u2019s market selloff. Show highlights:\\n the five factors Mike believes led to this week\\u2019s dip\\xa0\\n what Mike thinks about the environmental concerns surrounding Bitcoin\\n how Ethereum will perform in 2021\\n whether centralized blockchains will survive regulatory scrutiny\\n why Galaxy Digital made its $1 billion acquisition of BitGo\\n what sort of projects Galaxy Digital is mulling in the DeFi space\\n when Mike thinks a bitcoin ETF could be approved\\n Mike\\u2019s 2021 bitcoin price prediction\\n \\xa0\\n Thank you to our sponsors!\\n Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021\\xa0\\n Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero\\xa0\\n NEAR: https://near.org\\xa0\\n \\xa0\\n Episode Links\\n \\xa0\\n Mike Novogratz: https://twitter.com/novogratz\\xa0\\n \\xa0\\n Galaxy Digital: https://www.galaxydigital.io\\xa0\\n \\xa0\\n Recommend Reads:\\xa0\\n Galaxy Digital BitGo purchase\\n https://www.coindesk.com/galaxy-digital-to-buy-bitgo-for-about-1-2-billion-in-stock-cash\\n \\n SEC skepticism regarding bitcoin ETF\\n https://www.coindesk.com/sec-warns-mutual-fund-investors-of-bitcoin-futures-risks\\n \\n Galaxy Digital 2021 Q1 results\\n https://www.coindesk.com/galaxy-digital-q1-aum-rose-58-net-comprehensive-income-more-than-doubles\\n \\n Galaxy Digital bitcoin ETF\\n \\n https://www.coindesk.com/galaxy-digital-files-for-us-bitcoin-etf\\xa0\\n \\n Youtube energy consumption\\n \\n https://www.iea.org/commentaries/the-carbon-footprint-of-streaming-video-fact-checking-the-headlines\\xa0\\n https://thefactsource.com/how-much-electricity-does-youtube-use/\\n \\n Dapper Labs lawsuit\\n https://www.forbes.com/sites/andreatinianow/2021/05/17/no-slam-dunk-for-plaintiffs-in-nba-top-shot-moments-class-action-lawsuit/?sh=be89ec3df3da\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'