Unconfirmed: Mike Novogratz on the 5 Reasons the Crypto Markets Plummeted - Ep.239

Mike Novogratz, founder, CEO, and chairman of Galaxy Digital, digs into the drivers behind this week’s market selloff. Show highlights:
the five factors Mike believes led to this week’s dip 
what Mike thinks about the environmental concerns surrounding Bitcoin
how Ethereum will perform in 2021
whether centralized blockchains will survive regulatory scrutiny
why Galaxy Digital made its $1 billion acquisition of BitGo
what sort of projects Galaxy Digital is mulling in the DeFi space
when Mike thinks a bitcoin ETF could be approved
Mike’s 2021 bitcoin price prediction
 
Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 
Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero 
NEAR: https://near.org 
 
Episode Links
 
Mike Novogratz: https://twitter.com/novogratz 
 
Galaxy Digital: https://www.galaxydigital.io 
 
Recommend Reads: 
Galaxy Digital BitGo purchase
https://www.coindesk.com/galaxy-digital-to-buy-bitgo-for-about-1-2-billion-in-stock-cash

SEC skepticism regarding bitcoin ETF
https://www.coindesk.com/sec-warns-mutual-fund-investors-of-bitcoin-futures-risks

Galaxy Digital 2021 Q1 results
https://www.coindesk.com/galaxy-digital-q1-aum-rose-58-net-comprehensive-income-more-than-doubles

Galaxy Digital bitcoin ETF

https://www.coindesk.com/galaxy-digital-files-for-us-bitcoin-etf 

Youtube energy consumption

https://www.iea.org/commentaries/the-carbon-footprint-of-streaming-video-fact-checking-the-headlines 
https://thefactsource.com/how-much-electricity-does-youtube-use/

Dapper Labs lawsuit
https://www.forbes.com/sites/andreatinianow/2021/05/17/no-slam-dunk-for-plaintiffs-in-nba-top-shot-moments-class-action-lawsuit/?sh=be89ec3df3da
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