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According to Novogratz, Bitcoin and Ethereum are the two best assets to invest in over the next six months to three years. Mike Novogratz, founder, and CEO of Galaxy Digital, is still bullish on Bitcoin and Ethereum despite the assets’ volatility in recent times. During an interview with CNBC today, Novogratz noted that on a risk-adjusted basis, Bitcoin and Ethereum (ETH) are the two best financial instruments to invest in over the next three years. “At a risk-adjusted base, Bitcoin and Ethereum are the two best assets to invest in over two years, three years, six months,”   said Novogratz. "At a risk-adjusted bases # Bitcoin and #Etherium are the two best assets to invest in over 2 years, 3 years, 6 months," says @novogratz on #crypto. "Volatility-adjusted it's been a much better bet than $JPM." pic.twitter.com/MHGpFCmqtw — Squawk Box (@SquawkCNBC) June 1, 2023   According to him, Bitcoin’s volatility has re...

Galaxy Digital CEO Mike Novogratz believes regulators have got it "completely upside-down" on crypto vs AI regulation. Mike Novogratz, the CEO of digital asset investment firm Galaxy Digital told investors he is shocked over the amount of regulatory attention for crypto rather than artificial intelligence (AI), a technology he believes will trigger a “deep fake” Identity crisis. The chief executive explained at the firm’s fourth-quarter conference call on March 28 that the U.S. government has it “completely upside-down” in choosing to focus so much on crypto regulation and yet turn a blind eye to AI: “When I think about AI, it shocks me that we’re talking so much about crypto regulation and nothing about AI regulation. I mean, I think the government’s got it completely upside-down.” This concern appeared to stem from Novogratz’s fear that AI will trigger a “deep fake” Identity crisis. “In lots of ways, one of the best use cases for crypto is going to be identity around AI,...