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Cryptocurrency Financial News

Category: Galaxy Digital

Posted on 13th November 2024

Bitcoin strategic reserve unlikely under Trump — Mike Novogratz

The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency.

Posted on 11th November 2024

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.

Posted on 8th November 2024

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.

Posted on 8th November 2024

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.

Posted on 7th November 2024

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.

Posted on 17th October 2024

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.

Posted on 16th October 2024

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.

Posted on 27th August 2024

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.

Posted on 1st August 2024

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.

Posted on 19th July 2024

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.

Posted on 15th July 2024

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.

Posted on 3rd July 2024

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.

Posted on 27th June 2024

State Street, Galaxy Digital to Develop Active Crypto Trading Products

Galaxy Digital inked a similar deal with DWS last year for the European market.

Posted on 27th June 2024

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.

Posted on 13th June 2024

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.

Posted on 5th June 2024

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.

Posted on 4th June 2024

Galaxy Digital uses historic violin NFT to secure loan

The violin once belonged to Russian Empress Catherine II, also known as Catherine the Great.

Posted on 31st May 2024

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.

Posted on 24th May 2024

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.”

Posted on 15th May 2024

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.

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