DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Cryptocurrency Cryptonews

Crypto Boss Mike Novogratz Says Its Time to Cut Costs and Survive This ‘Transition period’

Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, argued that the events of 2022 have 'cleansed' the industry and that it is now time to survive the "transition period...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Crypto Boss Mike Novogratz Says Its Time to Cut Costs and Survive This ‘Transition period’
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, argued that the events of 2022 have 'cleansed' the industry and that it is now time to survive the "transition period". 
Talking to CNBC on Tuesday, Novogratz said that 2022 was a "grand washout" for the crypto industry, explaining that everything that had high costs and shrinking revenues "got hammered."...
Read More: Crypto Boss Mike Novogratz Says Its Time to Cut Costs and Survive This ‘Transition period’

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context