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Galaxy Surpasses $10 Billion in AUM as Institutional Interest in Digital Assets Skyrockets
19.3.2024
Galaxy Asset Management, a prominent crypto investment firm, has surpassed $10 billion in assets under management (AUM) amid a surge in institutional interest in digital assets.
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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...
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Says
15.3.2024
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said
Bitcoin Will Never Go Back Below $55,000, Mike Novogratz Predicts
13.3.2024
Galaxy Digital CEO Mike Novogratz thinks Bitcoin is forever beyond $55,000 after cracking beyond $73,500 on Tuesday.
The post Bitcoin Will Never Go Back Below $55,000, Mike Novogratz Predicts appeared first on Cryptonews
Galaxy Digital CEO Anticipates BTC Reaching $100K This Year Citing ‘Runaway Momentum’ in Spot Bitcoin ETFs
10.3.2024
Galaxy Digital CEO Mike Novogratz firmly believes that bitcoin will reach $100K this year. “Right now there are more buyers and sellers,” he explained, adding that there is “runaway momentum” in bitcoin exchange-traded funds (ETFs). In addition, he pointed to...
Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’
3.3.2024
Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army of buyers” and there is also “an...
Michael Novogratz Predicts Bitcoin Correction Before Achieving Historic High
1.3.2024
Galaxy Digital's CEO Michael Novogratz cautions investors of potential downturns in Bitcoin's price rally before it surges to unprecedented levels, signaling a volatile path ahead.
The post Michael Novogratz Predicts Bitcoin Correction Before Achieving Historic High appeared first on Cryptonews
Galaxy Digital Stock Started at Buy at Canaccord
20.2.2024
The investment bank said that the company represents one of the most diversified ways to play digital assets
Bitcoin ETFs Pose Long-Term Threat to Public Crypto Miners: Galaxy
15.2.2024
Spot Bitcoin ETFs present long-term competition for publicly traded cryptocurrency miners, according to a Galaxy Research report published Wednesday. Galaxy analysts said that before these ETFs were approved, public mining stocks were one of the few ways investors could gain exposure to Bitcoin...
SEC Delays Decision on Invesco and Galaxy Digital’s Spot Ether ETF
8.2.2024
The United States Securities and Exchange Commission (SEC) has delayed its ruling on the Invesco Galaxy ether exchange-traded fund (ETF), and has now been pushed to potentially July 2024 after opening the proposal to public comments. Invesco and Galaxy Spot Ethereum ETF Decision Delayed by SEC...
US SEC Delays Decision on Invesco and Galaxy Digital’s Joint Ethereum ETF
7.2.2024
The U.S. Securities and Exchange Commission (SEC) has extended the decision period for Invesco and Galaxy’s spot Ethereum ETF, as expected by analysts. This extension pertains to a proposed rule change from Cboe BZX that would enable the listing and trading of shares of the fund....
Invesco Cuts Bitcoin ETF Fee In a Bid to Lure Investors
29.1.2024
The index provider previously had one of the highest fees of 0.39% for its bitcoin ETF
Crypto VC Deals in 2023 Plunged 70% on Funding Constraints
25.1.2024
Crypto venture capital (VC) funding dropped 70% in 2023, securing only about $10b in deal value. That’s a drop from nearly $32b in 2022, which had nearly 90% more deals. Galaxy Digital published a report Wednesday showing venture deal activity in the crypto sector last year. It revealed...
Analyst Warns BTC Price Will Remain Flat as $25 Billion GBTC Liquidation Looms, Galaxy Digital Founder Disagrees
22.1.2024
Bitcoin (BTC) investors should brace themselves for potential price stagnation or even a decline as the liquidation of $25 billion worth of Grayscale Bitcoin Trust (GBTC) looms. Chris J Terry, founding partner of BTCdata Corporation, recently expressed his concerns about the impact of GBTC’s...
Mike Novogratz Predicts a Bitcoin ETF War Between Invesco, BlackRock, and Fidelity
12.1.2024
Source: LinkedIn The recent regulatory approval of 11 Bitcoin (BTC) spot exchange-traded funds (ETFs) has set the stage for an intense battle among asset management firms. Renowned crypto enthusiast Mike Novogratz, who is CEO of Galaxy Digital, has forecasted a fierce struggle for dominance...
The Protocol: Beneath Bitcoin ETF Chaos, A Blockchain Drama
10.1.2024
In this week's issue, we dive into the proposal that would have curtailed Ordinals inscriptions "NFTs on Bitcoin" traffic – were it not abruptly ended over the past week by a maintainer for the popular Bitcoin Core software
Galaxy Digital CEO Mike Novogratz Expects Spot Bitcoin ETF Approval by January 10, Regulatory Progress After Election
23.12.2023
Galaxy Digital CEO Mike Novogratz expects the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF) by Jan. 10 next year. Subsequently, he foresees the cryptocurrency reclaiming its all-time high of $69,000 and wouldn’t be surprised if it surpasses...
Galaxy Digital Seeking to Score Deals From Defunct Cryptocurrency Companies
22.12.2023
Galaxy Digital, a digital assets and blockchain financial services company, is seeking to score deals with defunct cryptocurrency companies to acquire their assets. According to reports, the company is eyeing FTX’s venture capital portfolio, which has a sizable stake in artificial...
Galaxy Digital CEO outlines his expectations for the Bitcoin ETF
20.12.2023
Bitcoiners, or members of the Bitcoin community, have been looking to get a legitimate stand for their tokens for a long time. Expectations have circled to January 2024, a month when the SEC could potentially approve all the applications for Spot Bitcoin ETF. That will give a formal investment...
Galaxy Digital CEO Novogratz Anticipates Bitcoin ETF Approval by Jan 10
20.12.2023
Source: DALL·E Galaxy Digital CEO Michael Novogratz predicts a significant milestone in the cryptocurrency market with the first approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In a recent interview with CNBC, Novogratz elaborated on...