Galaxy Digital CEO Mike Novogratz joins CNBC’s ‘Squawk Box’ to discuss the fallout of crypto exchange FTX and its impact on the industry. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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    25 Comments

    1. Nothing good ever happens from a company HQ’d in the Bahamas. Crypto has always faced a deficit of trust for 12yrs but emerges stronger

    2. Nova, Gratz and Kramer should have their own show called, do the opposite of what we say what we , because all we do is talk or book 24/7. You hurt your product by having people like this song him Clayton Kramer. Worst part is you guys know what they’re doing when they’re saying it.

    3. Whether you like it or not, life is going to knock you down, people are going to hurt you, things are going to go wrong. You have to have some strong reasons for why you must do this and keep pushing forward. Remember who you're doing it for. Remember what it will do for you. Remember what it will do for the world. If you know the why for living, you can endure almost any how. Find that why that will make you not let go, no matter the obstacles.

    4. I’m still confused. Is Crypto an investment or is it a Currency? Why would you spend your crypto when it could gain value in the next minute, hour, day, week? That doesn’t make much sense. Fees = shovels?

    5. Fidelity or PayPal who has offered bitcoin purchases / spends and hard storage for some time now…that has been lost in the sea of these questionable / offshore exchanges…

    6. Crypto is basically snake oil with lots of similarities to MSM pyramid schemes. The advocates bang on about money to be made, getting in early and techno jargon but never actually say what the benefits are and where it’s intrinsic value is, that’s because there isn’t any. Crypto mining is energy intensive and relies on cheap energy in places like Kazakhstan. The whole thing is a scam.

    7. Charts appear to say >20.5k< bottom i could see that, but not with the macro situation though. I dont even think talkin bout the bottom is worth it atm. Macro is the worst in decades energy, inflation, rate hikes, supply shortages etc etc its the perfect storm. From 2008ish till around 2021 when the economy was boomin & the fed was printing money btc still crash about 85%. So i find it hard to accept a 75% crash for a bear market that lines up with a global recession, dont make sense to me. Institutions & whales need retail to sell so theres enough supply to meet their demand & they aint buyin yet!! The thing is retail aint got any money to ape in to btc atm & over the next 12 months or so i see less money in the system as the fed tightens & everything goes up in price. So where will the money come from in that kind of a setting?? I really dont think weve seen the bottom yet or the kind of pain coming next year after mid terms. I guess we will see, I will keep buy and just trade long term more than ever, I have made over 1.6` btc from trading with Kyle Miller in few weeks this is one of the best medium to backup your assets incase it goes bearish <You can reach Kyle on ͲeIєɠɾαm➡➡ KyleMiller3,

    8. After 10 years and all the ordeals my trust, at least in bitcoin, only get stronger. Not gonna sell or do anything, except maybe accumulating some more tether if we dip again

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