Big News: Novogratz Says Bitcoin Could Appear on U.S. Government Balance Sheets in Six Months

Share This Post

Here’s What in Store For BTC Price

The post Big News: Novogratz Says Bitcoin Could Appear on U.S. Government Balance Sheets in Six Months appeared first on Coinpedia Fintech News

At the recent ONDO Summit 2025, Galaxy Digital CEO Mike Novogratz discussed the positive shift in the crypto space, explaining how the industry has changed in recent years. He said that after four years of feeling “abused” and misunderstood, the mood in crypto has changed dramatically.

He explained that with a new SEC leadership and a resurgence of Bitcoin, the industry is beginning to feel like it could play a key role in both finance and consumer spaces. Novogratz also predicted that in May or June, the industry could see several companies listing on major exchanges like the New York Stock Exchange or NASDAQ.

Big Move Incoming for Bitcoin?

As for Bitcoin, Novogratz believes it has established itself as a store of value and will continue to grow globally. He predicts that Bitcoin might even end up on government balance sheets within the next six months, though the process of integrating it may take time. 

“Bitcoin has a store of value, it’s carved out a lane, it is becoming global. It might or might not be on the government’s balance sheet in six months. I actually think it will. I think there are people trying to figure out how to do it gracefully, and so I don’t think Bitcoin’s going away,” he said.

He then opened up about the increasing importance of stablecoins, which are becoming significant players in the financial system, with stablecoin legislation moving forward. According to the CEO, the energy around crypto has been strong, especially during the recent inauguration. Novogratz shared how crypto leaders were well-represented at high-profile events, including a ball with major figures. This shows how far crypto has come in terms of acceptance and recognition.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Dogecoin Ready For A $2.43 Rally? Elliott Wave Says Yes

A new chart shared by BigMike7335 (@Michael_EWpro) via X suggests that Dogecoin could be on the verge of a strong bullish wave targeting $243 His analysis relies on Elliott Wave theory, which divides

XRP ETF News: SEC May Acknowledge Grayscale Filing by Feb 13, 2025 Amid Ripple Lawsuit

The post XRP ETF News: SEC May Acknowledge Grayscale Filing by Feb 13, 2025 Amid Ripple Lawsuit appeared first on Coinpedia Fintech News The buzz around an XRP ETF is gaining momentum as FOX Business

XRP Price Prediction, Is HBAR A Good Investment In 2025, How High Can Remittix Climb By 2027?

The post XRP Price Prediction, Is HBAR A Good Investment In 2025, How High Can Remittix Climb By 2027 appeared first on Coinpedia Fintech News Even though Hedera (HBAR) and Ripple (XRP) are currently

Why The Crypto Market is Down Today?

The post Why The Crypto Market is Down Today appeared first on Coinpedia Fintech News The cryptocurrency market has experienced a significant downturn, losing a staggering $54 billion in the last 24

Cardano News: ADA Price Holds Firm While Whales Buy More

The post Cardano News: ADA Price Holds Firm While Whales Buy More appeared first on Coinpedia Fintech News Cardano (ADA) price has defied the wider crypto bearish sentiment in the past three days

Why Solana (SOL) Price Is Down Today?

The post Why Solana (SOL) Price Is Down Today appeared first on Coinpedia Fintech News The cryptocurrency market continues recording a mixed price action since the month started This has resulted in