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                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h292">Novogratz doesn't understand why alts are rallying    </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h366">Charles Schwab hinders Bitcoin adoption </a></li></ul>
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    Galaxy Digital CEO Mike Novogratz is not the biggest fan of altcoins. During&nbsp;a hedge fund conference in Miami, he told an audience that he would short all of them, <a rel="nofollow" target="_blank" href="https://www.businessinsider.com/michael-novogratz-on-financial-advisers-using-bitcoin-2020-1">Business Insider</a> reports.&nbsp;
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Novogratz doesn't understand why alts are rallying&nbsp;&nbsp;&nbsp;&nbsp;
    
    Novogratz believes that Bitcoin is <a rel="nofollow" target="_blank" href="#">digital gold</a>, which is why it is here to stay. The biggest cryptocurrency by market cap now tends to react to global events such as the Iran conflict and the coronavirus outbreak.&nbsp;As&nbsp;<a href="https://u.today/long-bitcoin-long-gold-mike-novogratz-reacts-to-ray-dalios-doom-laden-post">reported by U.Today</a>, the Wall Street legend was long on both BTC and the yellow metal.
    
    However, when it comes to altcoins,&nbsp;Novogratz doesn't understand why anyone would want to buy them. When they rallied hard in mid-January, he offered a dinner in NY to anyone who would offer the best explanation.&nbsp; &nbsp;
    
    <a href="https://u.today/mike-novogratz-wins-his-bitcoin-bet-against-nouriel-roubini">card</a>
    
    Charles Schwab hinders Bitcoin adoption&nbsp;
    
    During the conference, Novogratz also revealed that TD Ameritrade was close to allowing financial advisors to hold and trade Bitcoin. However, the bombshell merger with its bitter rival Charles Schwab made it scrap its crypto plans given that the former views crypto as "a speculative investment."
    
    TD Ameritrade started added support for Bitcoin futures back in 2017. According to the company's CEO&nbsp;Tim Hockey, there is still a&nbsp;<a rel="nofollow" target="_blank" href="https://www.thestreet.com/markets/bitcoin-drawing-more-interest-from-traders-td-ameritrade-ceo-says-15028466">great demand</a> for them.&nbsp;
    
    The brokerage giant is now exploring the addition of additional <a href="https://u.today/td-ameritrade-might-add-support-for-xrp-after-its-success-with-bitcoin-futures">cryptocurrency products</a>.&nbsp;&nbsp;
    
    
    &nbsp;
    
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                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h292">Novogratz doesn't understand why alts are rallying    </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h366">Charles Schwab hinders Bitcoin adoption </a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Galaxy Digital CEO Mike Novogratz is not the biggest fan of altcoins. During&nbsp;a hedge fund conference in Miami, he told an audience that he would short all of them, <a rel="nofollow" target="_blank" href="https://www.businessinsider.com/michael-novogratz-on-financial-advisers-using-bitcoin-2020-1">Business Insider</a> reports.&nbsp;
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Novogratz doesn't understand why alts are rallying&nbsp;&nbsp;&nbsp;&nbsp;
    
    Novogratz believes that Bitcoin is <a rel="nofollow" target="_blank" href="#">digital gold</a>, which is why it is here to stay. The biggest cryptocurrency by market cap now tends to react to global events such as the Iran conflict and the coronavirus outbreak.&nbsp;As&nbsp;<a href="https://u.today/long-bitcoin-long-gold-mike-novogratz-reacts-to-ray-dalios-doom-laden-post">reported by U.Today</a>, the Wall Street legend was long on both BTC and the yellow metal.
    
    However, when it comes to altcoins,&nbsp;Novogratz doesn't understand why anyone would want to buy them. When they rallied hard in mid-January, he offered a dinner in NY to anyone who would offer the best explanation.&nbsp; &nbsp;
    
    <a href="https://u.today/mike-novogratz-wins-his-bitcoin-bet-against-nouriel-roubini">card</a>
    
    Charles Schwab hinders Bitcoin adoption&nbsp;
    
    During the conference, Novogratz also revealed that TD Ameritrade was close to allowing financial advisors to hold and trade Bitcoin. However, the bombshell merger with its bitter rival Charles Schwab made it scrap its crypto plans given that the former views crypto as "a speculative investment."
    
    TD Ameritrade started added support for Bitcoin futures back in 2017. According to the company's CEO&nbsp;Tim Hockey, there is still a&nbsp;<a rel="nofollow" target="_blank" href="https://www.thestreet.com/markets/bitcoin-drawing-more-interest-from-traders-td-ameritrade-ceo-says-15028466">great demand</a> for them.&nbsp;
    
    The brokerage giant is now exploring the addition of additional <a href="https://u.today/td-ameritrade-might-add-support-for-xrp-after-its-success-with-bitcoin-futures">cryptocurrency products</a>.&nbsp;&nbsp;
    
    
    &nbsp;
    
    ') (Line: 1086)
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Bitcoin (BTC) Bull Mike Novogratz Says That He Would Short All Altcoins

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Thu, 30/01/2020 - 6:18
Bitcoin (BTC) Bull Mike Novogratz Says That He Would Short All Altcoins
Cover image via www.yahoo.com
Read U.TODAY on
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Contents
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Galaxy Digital CEO Mike Novogratz is not the biggest fan of altcoins. During a hedge fund conference in Miami, he told an audience that he would short all of them, Business Insider reports. 

card

Novogratz doesn't understand why alts are rallying    

Novogratz believes that Bitcoin is digital gold, which is why it is here to stay. The biggest cryptocurrency by market cap now tends to react to global events such as the Iran conflict and the coronavirus outbreak. As reported by U.Today, the Wall Street legend was long on both BTC and the yellow metal.

However, when it comes to altcoins, Novogratz doesn't understand why anyone would want to buy them. When they rallied hard in mid-January, he offered a dinner in NY to anyone who would offer the best explanation.   

Charles Schwab hinders Bitcoin adoption 

During the conference, Novogratz also revealed that TD Ameritrade was close to allowing financial advisors to hold and trade Bitcoin. However, the bombshell merger with its bitter rival Charles Schwab made it scrap its crypto plans given that the former views crypto as "a speculative investment."

TD Ameritrade started added support for Bitcoin futures back in 2017. According to the company's CEO Tim Hockey, there is still a great demand for them. 

The brokerage giant is now exploring the addition of additional cryptocurrency products.  

 
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