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Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss
9.4.2020
Having suffered repetitive losses since foundation in 2018, Galaxy Digital posts another net loss in Q4 2019
Blockchain Bites: Canaan and Galaxy Digital Report Losses, Fold Joins Visa and Indian Exchange Volume Skyrockets
9.4.2020
Today, Canaan and Galaxy Digital reported quarterly losses, Huobi announced a legally compliant way to reenter the U.S. market, and Binance denies stealing $1 million from one of its users
Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line
9.4.2020
The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19
Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin
8.4.2020
Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money...
That AlphaPoint $5.6M Funding Round? It’s a Loan
6.3.2020
The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing, a short-term business loan, the company confirmed to CoinDesk. But AlphaPoint would not say who made the loan or its terms
Novogratz’s Crypto Investment Firm Galaxy Digital Shrinks Workforce 15%
14.2.2020
Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said
XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins
10.2.2020
Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in...
Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate
6.1.2020
Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
17.12.2019
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering
Fidelity Digital Assets Gets NY Trust Charter to Custody Bitcoin for Institutions
19.11.2019
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
19.11.2019
Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds
CEO of Galaxy Digital Opines China’s Fondness for Digital Currency to Be a Reason for USD Losing Its Reserve Status
11.11.2019
Founder and CEO of Galaxy Digital, Michael Novogratz, is of the feeling that if the US does not adapt to digital finance, then it may be left behind. He also said that countries like China are miles ahead with regards to acceptance of fintech and support for it and this could lead to change...
Michael Novogratz’s Galaxy Digital Comes up with 2 New Bitcoin Funds
25.10.2019
In a recent announcement, billionaire Michael Novogratz-led Galaxy Digital Asset Management proudly stated that the company will be launching two Bitcoin funds in the month of November. Novogratz confirmed that the planned Bitcoin funds, dubbed the Galaxy Bitcoin Fund and the Galaxy Institutional...
Galaxy Digital to Launch 2 New Bitcoin Funds in November
24.10.2019
Galaxy Digital's asset management division is launching two bitcoin funds in November, according to a source with knowledge of the matter
App-Controlled Bank Current Raises $20M From Galaxy Digital and Others
24.10.2019
Mobile-only bank Current has secured $20 million from a group of investors, including Galaxy Digital EOS VC Fund
CME Bitcoin Futures Sees Institutional Interest and Demand from Asia
18.10.2019
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...
Galaxy Digital and XBTO Execute First Block Trade of Bakkt Bitcoin Futures
4.10.2019
The first Bakkt Bitcoin Futures block trade was executed between Galaxy Digital and crypto investment firm XBTO
Galaxy Digital, XBTO Just Made the First Block Trade of Bakkt Bitcoin Futures
4.10.2019
Crypto fund Galaxy Digital and OTC trader XBTO have conducted the first-ever block trade of Bakkt's bitcoin futures contract
Verisart Acquires $2.5 Million Through Series Seed Funding Led by Galaxy Digital Eos VC Fund
4.10.2019
Verisart, the firm that certifies arts and collectibles through blockchain technology, has raised a whopping sum of $2.5 million in seed financing. The financing process was led by Galaxy Digital EOS VC Fund, along with a substantial investment from existing investors, including Sinai Ventures...
Flipside Crypto Raises $7.1 Million to Give Token Projects Better Analytics
24.9.2019
This firm taps blockchain analytics across hundreds of projects to reveal what really makes prices go up