Mike Novogratz, Founder and CEO of Galaxy Digital and Kurt MacAlpine, Global CEO, joined Yahoo Finance to discuss the outook for crypto as their ETF, CI Galaxy Ethereum, begins trading on TSX.
Legendary investor shies away from meme stocks according to CNBC interview
Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam. Dogecoin ultimately fell 15.4% to US$0.33, but during the session when it hit a record peak, its market capitalization soared to more than $50 billion. After the slump, its market cap dropped roughly $45 billion, according to coinmarketcap.com.