<br><div> <p> <iframe loading="lazy" src="https://news.google.com/__i/rss/rd/articles/about:blank" width="320" height="100" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no" data-rocket-lazyload="fitvidscompatible" data-lazy-src="https://servedbyadbutler.com/adserve/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER"> </iframe><noscript><iframe src="https://servedbyadbutler.com/adserve/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER" width="320" height="100" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no"> </iframe></noscript> </p> <p><strong>Bitcoin Value Prediction Information:</strong> Galaxy Digital CEO <a target="_blank" href="https://coingape.com/tag/mike-novogratz/" rel="noopener">Mike Novogratz</a> stated that there can be a chance for progress for Bitcoin (BTC) in the long term. He stated the FTX collapse will not be essentially a really dangerous factor for the crypto business in long run. Novogratz made the feedback within the backdrop of the shock meltdown of the Sam Bankman-Fried crypto empire. In the meantime, <a target="_blank" rel="nofollow noopener" href="https://coinmarketcap.com/currencies/bitcoin/">Bitcoin (BTC) price</a> together with different cryptocurrencies rallied on Wednesday following Fed chair Jerome Powell’s feedback on the state of the financial system.</p>

<p>Additionally Learn: <a target="_blank" href="https://coingape.com/dogecoin-live-price-dogecoin-price-skyrocket-by-28-1-ahead/?utm_source=priceanalysisbar" rel="noopener">Dogecoin Price Update: DOGE Price Skyrockets By 28% In Last 7 Days; $1 Ahead?</a></p> <h2>‘Sam Bankman-Fried Was Delusional’</h2> <p>The Galaxy CEO stated Sam Bankman-Fried was delusional about what occurred with <a target="_blank" href="https://coingape.com/tag/ftx/" rel="noopener">FTX</a> and the person funds. Talking to CNBC on the state of crypto market on Thursday, he stated extra individuals other than SBF needs to be prosecuted and jailed. He additionally stated Bitcoin worth would have been larger if not for the FTX collapse. Galaxy Digital is among the many firms which have publicity to FTX. Nonetheless, the corporate stated the publicity it needed to FTX is minimal.</p> <blockquote><p>“He must be prosecuted. He'll spend time in jail. And it wasn’t simply Sam. You don’t pull this off with one particular person.”</p></blockquote> <p>Whereas asserting the Galaxy quarterly outcomes not too long ago, Novogratz stated the <a target="_blank" href="https://coingape.com/crypto-news-mike-novogratz-galaxy-digital-ftx-exposure/" rel="noopener">crypto industry continues to face macroeconomic headwinds</a> and structural evolution. The crypto market noticed a chronic bear run for the reason that starting of 2022. In comparison with the highs of final 12 months, crypto asset costs at the moment are buying and selling at round 70% decrease vary.</p> <p>Additionally Learn: <a target="_blank" href="https://coingape.com/why-should-you-consider-investing-in-solana-sol/?utm_source=priceanalysisbar" rel="noopener">Is Solana (SOL) Still A Good Investment in 2023?</a></p> <p>As of writing, Bitcoin (BTC) worth stands at $16,970, up 0.71% within the final 24 hours, in accordance with worth monitoring platform CoinMarketCap. Fed chair <a target="_blank" href="https://coingape.com/powell-speech-at-brookings-economic-outlook-inflation-crypto/" rel="noopener">Jerome Powell</a> hinted on Thursday about potential smaller rate of interest hikes in as quickly as December. Nonetheless, he stated the inflation nonetheless remained excessive.</p>

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<div class="authodes"> Anvesh studies main developments round crypto adoption and buying and selling alternatives. Having been related to the business since 2016, he's now a robust advocate of decentralized applied sciences. Anvesh is at the moment based mostly in India. Comply with Anvesh on Twitter at @AnveshReddyBTC and attain him out at <a target="_blank" href="https://news.google.com/cdn-cgi/l/email-protection" class="__cf_email__" data-cfemail="7819160e1d0b10381b1711161f19081d561b171556" rel="noopener">[email protected]</a> </div> </div> <div class="author_Image"> <img alt="" srcset="https://secure.gravatar.com/avatar/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x" class="avatar avatar-200 photo" height="200" width="200" src="https://secure.gravatar.com/avatar/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g"/><noscript><img alt="" src="https://secure.gravatar.com/avatar/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g" srcset="https://secure.gravatar.com/avatar/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x" class="avatar avatar-200 photo" height="200" width="200"/></noscript> </div> </div> </div> <div class="TabDesCm tabcS" id="TabD129394"> <p> The introduced content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn't maintain any accountability to your private monetary loss.</p></div> </div> </div>

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