CandleFocus Galaxy CEO expects ‘one piece of good news every week’
2024-11-07
Author: Content Editor
Galaxy Digital, a crypto investment firm, reported its third quarter earnings and CEO Mike Novogratz discussed the potential impact of Donald Trump's election win on the crypto industry. Novogratz mentioned the rise in pro-crypto Congress members elected and the positive outlook for the industry. Galaxy's stock saw a significant increase following the election. Novogratz also highlighted the crypto-friendly people who may be part of Trump's administration and expressed optimism for the future of the industry, expecting regular positive developments. He mentioned the possibility of new appointments at regulatory agencies and the potential repeal of SEC accounting guidance that has limited traditional players' involvement in crypto.
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