Mike Novogratz: Don't Want Bitcoin to Reach $1 Million

Galaxy Digital founder Mike Novogratz said in a new interview that he does not want the price of Bitcoin to reach 1 million. Specifically, he criticized a recent prediction by venture capitalist and former Coinbase CTO Balaji Srinivasan and emphasized prudent investment. Given the importance of cryptocurrency and the challenge of navigating a volatile market, many cryptocurrency companies have begun to turn to regulators for legitimacy and compliance. (U. today)