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FTX files motion for Galaxy Digital to manage recovered crypto holdings
24.8.2023
Galaxy Digital set to manage the sale of bankrupt FTX’s crypto holdings and facilitate staking of certain tokens to generate passive yield
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
16.8.2023
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation...
ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki
10.8.2023
IQ GPT will help fight misinformation in the crypto space and onboard new users
Cathie Wood and Mike Novogratz Are Both Bullish on Spot Bitcoin ETF Approvals
8.8.2023
Ark Invest CEO Cathie Wood and Galaxy Digital CEO Mike Novogratz are both optimistic about the imminent approval of a spot bitcoin ETF
Larry Fink Got 'Orange-Pilled', Says Galaxy Digital's Mike Novogratz: Bloomberg
31.7.2023
Galaxy Digital CEO Mike Novogratz said Fink is "the most important thing that happened this year in bitcoin."
Crypto investors cool on Bitcoin funds, turning to Ether and XRP
25.7.2023
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill
Report: Crypto Investment Declines for Fifth Consecutive Quarter, Fails to Find Bottom
17.7.2023
Venture capital firms are continuing to invest less money in the crypto sector, after five consecutive quarters of declines, according to a new report from crypto financial services firm Galaxy Digital.
During the second quarter of this year, VC firms invested $2.3 billion in crypto and blockchain...
US 'dominates' crypto startup funding in Q2: Report
16.7.2023
US-based crypto startups attracted 45% of all VC funding invested in the industry, followed by the United Kingdom claiming 7.7% of capital investment and Singapore with 5.7%
Bitcoin ETF would be the 'seal of approval' from SEC: Mike Novogratz
13.7.2023
The Galaxy Digital founder believes approval of a spot Bitcoin ETF would essentially be a United States regulator and government nod for Bitcoin
Billionaire CEO of Galaxy Digital Announces Overseas Move, Cites Similar Moves by Other Firms
7.7.2023
Galaxy Digital CEO Mike Novogratz is looking to move businesses outside the US territory amid the ongoing regulatory crackdown on the crypto industry.
The American billionaire warned that more crypto firms are following similar strategies by moving out of the US.
Novagratz said that they...
Billionaire Mike Novogratz's Galaxy Digital Welcomes Former Genesis Exec as Sales Head
22.6.2023
Leon Marshall, a former executive at Genesis, has joined Mike Novogratz's Galaxy Digital as global head of sales.
Per his LinkedIn, this crypto trading veteran held the same role at Genesis from January 2019 until June 2023.
Genesis was a unit of the Digital Currency Group (DCG) that, along...
Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
21.6.2023
Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application
BlackRock's Bitcoin ETF ‘is the best thing to happen' to BTC, or is it?
16.6.2023
Galaxy Digital CEO Mike Novogratz was among those over the moon with the news, others warn it could be the start of a major institutional takeover
Judge Rules in Favor of Galaxy Digital in Case Against BitGo Over $1.2 Billion Deal Cancellation
13.6.2023
In a recent development, a federal judge in Delaware has ruled in favor of Galaxy Digital, the crypto merchant bank led by Mike Novogratz.
The case pertains to the termination of a $1.2 billion acquisition deal with BitGo. The court dismissed BitGo's lawsuit, stating that Galaxy had a valid basis...
BitGo's Suit Against Galaxy Digital Over Canceled $1.2B Purchase Dismissed by Delaware Judge
12.6.2023
Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
12.6.2023
Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022
Billionaire Mike Novogratz Says Crypto Market Rally is Stalling as Bitcoin Posts First Monthly Loss – Here's What's Happening
2.6.2023
Galaxy Digital CEO Mike Novogratz believes the crypto market lacks momentum to move higher as Bitcoin posts its first monthly loss of the year.
The flagship cryptocurrency lost 6% of its value in May, while Ethereum fell by 1%. Both remain well over 50% year to date, however. ...
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Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz
2.6.2023
The Galaxy Digital CEO said there has been a recent lack of institutional interest in cryptocurrency buying, which has led to deflated enthusiasm in the markets
Billionaire Mike Novogratz's Galaxy Digital Crypto Firm Reports $134 Million Profit in Q1 2023 – Crypto Bull Market Back?
10.5.2023
Crypto bull Mike Novogratz’s firm Galaxy Digital reported a profit of $134 million in the first quarter of this year, missing analysts’ expectations.
Galaxy’s earnings per share (EPS) for the quarter came in at $0.55, missing an estimate by analysts of $0.76....
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Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market
9.5.2023
The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter