The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency.
Coinbase stock breaks $300 for first time since 2021
The crypto exchange is one of the big winners from the United States elections on Nov. 5.
Galaxy set for more gains after 25% rise on Trump win: Analyst
Donald Trump’s Nov. 5 win in the United States presidential election sets the stage for more institutional cryptocurrency adoption, according to a Benchmark research note.
Bitcoin shows no ‘overheated’ signals despite new highs, says analyst
From a fundamental standpoint, Bitcoin is showing no signs of the asset overheating, according to Galaxy’s head of research.
Galaxy Digital clocks biggest trading day of year on US election day: Report
Trump’s win sparked a surge of interest in crypto, Galaxy’s CEO reportedly said.
Crypto funding drops 20% in Q3 due to ‘barbell market’ — Galaxy Digital
Bitcoin and low-cap, high-risk memecoins led the crypto market in the third quarter leading venture capitalists to overlook mid-tier projects.
Crypto VC Market ‘Tepid’ as Q3 Investments Declined 20%, Says Galaxy Digital
Scared away by the various crypto collapses in 2022, institutional allocators have yet to make a comeback.
Telegram CEO’s Arrest Is Unlikely to Be the Last: Galaxy
Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said.
Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
The crypto market pulled back from the first-quarter’s record highs during the three-month period.
Galaxy Buys Almost All of CryptoManufaktur’s Ethereum Assets to Expand Staking Portfolio
By acquiring substantially all the assets of the blockchain node operator, the publicly traded Galaxy Digital will increase its role in Ethereum staking, as part of a broader effort to expand in the business of blockchain infrastructure.
Founder’s Gambling ‘Struggles’ Spur Crippling Loss at Crypto Casino Backed by Galaxy
Galaxy is one of several investors who have accused Richard Kim of misappropriating at least $3.67 million of company funds belonging to Zero Edge, his crypto casino.
Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.
State Street, Galaxy Digital to Develop Active Crypto Trading Products
Galaxy Digital inked a similar deal with DWS last year for the European market.
State Street teams up with Galaxy, eyeing new ETFs beyond Bitcoin
State Street believes the “next level of growth” will come from investment options offering more than “pure spot” Bitcoin.
Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.
Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May.
Galaxy Digital uses historic violin NFT to secure loan
The violin once belonged to Russian Empress Catherine II, also known as Catherine the Great.
Meet Mike Novogratz, the Political Commentator
In an interview at Consensus 2024, the Galaxy Digital CEO was asked about a plethora of regulatory and legislative issues affecting crypto.
BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”
Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord
The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said.