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XRP and Cardano need to prove they're useful beyond just fans, Mike Novogratz says
29.12.2025
Can Ripple and Cardano hold it together as the market matures to fundamental-focused projects, Galaxy's Novogratz asked Friday
Galaxy Asset Management raises $113M for new crypto venture
25.7.2024
The $113 million could be a significant financial lifeline for cryptocurrency startups and invite more institutional attention to the crypto space
Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’
15.7.2024
Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining
Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz
13.6.2024
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
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
20.5.2024
Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it means BTC will probably trade “somewhere...
Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — ‘That’s the New Floor’
16.3.2024
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added...
‘Hedging Bitcoin and Ether’ — FTX Seeks Court Approval for Strategic Partnership With Galaxy Digital
24.8.2023
FTX Trading Ltd., accompanied by its linked debtors, has approached the U.S. Bankruptcy Court in Delaware with a proposal to collaborate with Michael Novogratz’s Galaxy Digital Capital Management LP, also known as Galaxy Asset Management. FTX Trading Proposes Alliance With Novogratz’s...
BitGo raises $100M after losing lawsuit against Galaxy
16.8.2023
BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said
Bitstamp crypto exchange to raise funds for global expansion: Report
8.8.2023
One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
18.7.2023
After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees
Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’
19.3.2023
Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing that “we are heading into a recession,” he expects the Federal Reserve to cut interest rates “sooner than we think.” Novogratz on Global Credit Crunch and Recession...
Mike Novogratz Says Bitcoin Could Return to $30,000 Next Month
17.2.2023
Galaxy Digital CEO Mike Novogratz says he wouldn’t be surprised if the price of bitcoin returns to $30,000 next month. “When I look at the price action, when I look at the excitement of the customers calling, the FOMO [fear of missing out] building up, it wouldn’t surprise...
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
28.12.2022
Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...
Billionaire Mike Novogratz May Cut 20% of Workforce at Galaxy Digital – Signs of Bear Market?
2.11.2022
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, could let go of up to 20% of the workforce amid the market downturn. Crypto exchange BitMEX has also reduced its staff.
According to a report by Bloomberg, there is no official plan for...
BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
13.9.2022
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
5.8.2022
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million
Goldman Sachs completes first OTC crypto options trade with Galaxy
21.3.2022
Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021
Mike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors
10.1.2022
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,” he said. Mike Novogratz on Future Outlook...
NFT company Candy Digital valued at $1.5B following $100M Series A
21.10.2021
The digital collectibles company was co-founded by entrepreneurs Michael Rubin, Mike Novogratz and Gary Vaynerchuk