Billionaire Mike Novogratz Unveils ‘Shackload’ of Four Crypto Holdings, Says Market Could Go ‘A Lot Further’
Billionaire Mike Novogratz is unveiling four major crypto asset holdings, saying that the market has more room to grow.
In a new interview with crypto entrepreneur Kyle Chasse on his YouTube channel, the Galaxy Digital chief executive says that the firm owns a “shackload” of Bitcoin ( BTC ), Ethereum ( ETH ), Solana ( SOL ), and Hyperliquid ( HYPE ).
“I don’t want you people to think I’m bearish because I own a shackload of crypto. We own Bitcoin. We own a lot of SOL through this… We own a lot of Hyperliquid. I own a lot of Ethereum. Those are my big four positions. But add all those up and I can retire like 15 times over.”
According to Novogratz, the markets could skyrocket if President Donald Trump gets to appoint someone who agrees with his economic views as the next Chairman of the Federal Reserve.
“What I’m thinking… very well is going to happen is we’re going to lose the independence of the Fed. Why do I think that? It’s because Trump told us he wants a dove in the Fed, he’s going to pick a dove in the Fed and if he picks a dovey enough person, there’s going to be a moment [where] gold skyrockets, Bitcoin skyrockets.”
Earlier this month, Novogratz said the next Fed Chair selection could cause a crypto “megacycle” as growth and liquidity would be prioritized over inflation.
“We are moving into a world where we’ve got central banking, independence really is a question. We’ve never had that in my 40-year career on Wall Street.
And so depending on who Trump picks as the next Fed governor, it could kick off a whole frickin’ megacycle, right? We throw the independence into the toilet, and crypto is going a lot higher, right? And so the political situation makes that prediction harder.”
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: Spot Bitcoin ETFs Fuel Surge as Major Holders Resume Accumulation
- Bitcoin's rebound above $90,000 triggered a $3.2B ETF profit turnaround, driven by BlackRock's IBIT and $21M inflows. - Whale accumulation (0.8 score) and retail buying since July signal $80,000 as a potential crypto bottom, supported by ETF cost bases. - Bullish technicals include record whale vs. retail deltas and neutralizing CVD, mirroring 2024's $75K bottom patterns. - Market fragility persists with Ethereum's Death Cross, XRP's $2.30 resistance, and Solana's $36M Upbit hack aftermath. - Traders foc
Webster, NY's Industrial Revival: The Impact of $9.8 Million in Infrastructure Investment on Upstate Real Estate Markets
- Webster , NY, is transforming a 300-acre Xerox brownfield into a high-tech industrial hub via a $9.8M FAST NY grant and state-backed programs. - Infrastructure upgrades, including road and grid modernization, have slashed vacancy rates to 2%, attracting $650M investments and 250+ jobs. - The redevelopment boosts residential property values by 10.1% annually and supports Governor Hochul’s plan to decentralize manufacturing. - Investors benefit from low vacancy rates and state initiatives, with industrial
Zcash Latest Updates: Crypto in 2025—The Paradox of Progress Amid Rising Regulatory and Security Hurdles
- Grayscale's Zcash ETF filing highlights growing institutional interest in privacy coins, with ZEC surging over 1,000% year-to-date. - BNB's price decline below $900 contrasts with Zcash's rise, exposing divergent crypto market dynamics between privacy and utility tokens. - Securitize's EU-approved tokenized securities platform on Avalanche aims to digitize $18 trillion in assets by 2033, pending regulatory alignment. - ALT5's volatile treasury model and Upbit's $36M hack underscore 2025's dual-edged inno
The Influence of City Infrastructure Funding on the Value of Commercial Properties: Insights from Webster, NY
- Webster , NY, transformed a 300-acre brownfield into a high-tech industrial hub using FAST NY and BOA grants. - Infrastructure upgrades like road realignment and power modernization boosted industrial demand, slashing vacancy rates to 2%. - Public-private partnerships enabled $650M projects like fairlife® dairy, creating 250 jobs and raising residential property values by 10.1%. - Strategic rezoning and wastewater upgrades diversified Webster’s economy, positioning it as a logistics hub near Buffalo’s tr
Trending news
MoreCrypto prices
More
