The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives.
Novogratz’s Galaxy Digital to acquire Celsius’ GK8 in bankruptcy garage sale
The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals.
Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in
Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come.
Fish food? Data shows retail investors are buying Bitcoin, whales are selling
The number of Bitcoin addresses holding less than 1 BTC has been rising in the face of a 30% price correction from $69,000.
Fidelity Digital Assets Gets NY Trust Charter to Custody Bitcoin for Institutions
The New York Department of Financial Services has granted Fidelity Digital Assets Services (FDAS) a charter to operate as a limited liability trust company to custody digital currencies and execute crypto trading.
Bakkt, Fidelity Will Store Galaxy Digital’s New Bitcoin Fund Holdings
Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds.
Novogratz’s Galaxy Digital Crypto Fund Lost $272.7 Million in 2018
Galaxy Digital, the crypto fund founded by Michael Novogratz, lost $272.7 million in its first full year of operation.