galaxy
Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians
Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent.
Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors
Regulated bitcoin futures provider Bakkt and Galaxy Digital’s trading arm seek to cater to the rising institutional demand for Bitcoin. The two firms have just developed a new service targeting institutional investors looking to purchase and store Bitcoin.
Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption
Galaxy Digital CEO Mike Novogratz argues that central banks like the ECB launching their own digital currency could drive Bitcoin adoption further.
Galaxy Digital CEO Michael Novogratz on Bearish Bitcoin, Libra Hearing and Regulator Angst
Michael Novogratz, CEO, and Chairman of Galaxy Digital recently appeared on CNBC’s “Squawk Box” where he answered questions on Bitcoin’s bearish trend, Zuckerberg’s appearance on Capitol hill and the sentiment driving regulators of the crypto market.
Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem
Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem.
Bitcoin NFTs to Hit $4.5B Market Cap
Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.
Goldman Sachs Starts Trading Bitcoin Futures, Taps Galaxy Digital as Liquidity Provider
Goldman Sachs has partnered with Galax Digital to help the US investment bank offer Bitcoin futures products.
Invesco Partners with Mike Novogratz’s Galaxy Digital to Rollout Suite of Crypto ETFs
Investment management firm, Invesco, is preparing to make crypto ETFs available to investors. The company has partnered with Galaxy Digital Holdings Ltd to expand its existing exchange-traded funds.
Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal
Last month, Galaxy scrapped a plan to acquire BitGo for $1.2 billion. In its lawsuit, BitGo demands $100 million for damages following Galaxy’s termination of the merger deal.
Goldman Sachs Offers Customers Access ETH Fund via Galaxy Digital
Goldman Sachs announced its partnership with Galaxy Digital to once more enable its customers to get greater access to the crypto business.
Crypto Firm Galaxy Digital Postpones US Public Listing Until 2022
Galaxy Digital Holdings announced that it postponed its bid to go public in the US stock market in the first quarter of 2022 instead of the fourth quarter of 2021.
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
ACA Group Has Decided to Abandon its Acquisition of BitFlyer Holdings
ACA Group, a leading financial advisor for institutions across the world has officially announced to the public that it is no longer interested in purchasing holdings of a Japanese-based cryptocurrency exchange, BitFlyer
Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals
A new study by Galaxy Digital shows that the traditional banking system uses twice the energy that Bitcoin mining consumes.
Samsung to Unveil Galaxy AI
Samsung gears up for a revolutionary Galaxy AI debut with the S24 series.
Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil
Galaxy Digital said its net loss in the second quarter had risen three times the amount it experienced during the same period last year. The asset manager stated that the losses were triggered by the ongoing market downturn.
Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding
Ramp Network, a Polish-born crypto payments service provider has concluded its Series A funding round, attracting high-profile investors who pumped $52.7 million into the startup.
Mike Novogratz's Galaxy Digital Files with SEC to Launch Bitcoin Futures ETF
Galaxy Digital announced plans to list a bitcoin futures ETF by seeking regulatory approval from the US SEC.
CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs
CI Global Asset Management (“CI GAM”), a major Canadian asset management firm, has partnered with Galaxy Digital to launch ETFs focused on blockchain technology and Metaverse.
Samsung Facilitates Blockchain Use on Galaxy Devices
Samsung issued an official announcement to inform users that they will now be able to manage and trade cryptocurrencies from third-party wallets directly on Samsung Galaxy smartphones.
Galaxy Asset Management's AUM Exceeds $10 Billion Milestone
Galaxy Asset Management reaches a new pinnacle with over $10 billion in assets under management, reflecting robust institutional interest in digital assets.
Solana Joins BTC, ETH on Bloomberg Terminal
Solana (SOL) becomes the third cryptocurrency after Bitcoin and Ethereum to be added on Bloomberg terminals.
Morgan Stanley Becomes First US Bank to Offer Bitcoin Funds to Its Clients
Morgan Stanley is offering its clients access to Bitcoin (BTC) investments.
Mike Novogratz Considers Galaxy's Helios Purchase "Transformative"
Galaxy Digital Holdings CEO Mike Novogratz dubbed the Helios mining transaction "transformative." Dec. 28 saw the crypto investment firm's $65 million purchase of Argo's main mining plant. Galaxy operates trading, asset management, crypto mining, venture investments, and investment banking.
Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance
Bloomberg has launched a DeFi-backed Index fund with co-branding from Galaxy Digital.
Galaxy Digital Terminates BitGo Acquisition, But Still Eyes Listing on Nasdaq
Galaxy Digital, one of the leading crypto financial services providers, has announced its plans to terminate the proposed acquisition of crypto infrastructure service provider BitGo.
SEC Delays Decision on Invesco-Galaxy Digital's Ether ETF
The SEC has extended the review period for Invesco and Galaxy Digital's Ether ETF, potentially extending it for up to 240 days, allowing for public commentary.
Billionaire Investor Mike Novogratz Buys Bitcoin at $56,500
Billionaire investor, Mike Novogratz has maintained his bullish title, reaffirming that he has bought even more Bitcoin (BTC) at an average price of $56,500 each.
Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor
The Bitcoin price is heading to $20,000 by the end of 2020 according to billionaire cryptocurrency investor Michael Novagratz, CEO, of Galaxy Digital.
Galaxy Digital Looks to Complete BitGo Acquisition, US Listing by Q1 2022
American digital currency service provider, Galaxy Digital, says it is on track to complete its acquisition of BitGo by the first quarter of 2022.
Time Magazine to Add Ether to Its Balance Sheet as Part of Efforts to Support Metaverse Newsletter with Galaxy Digital
Under a partnership with Galaxy Digital, Time Magazine will hold Ether as part of its corporate balance sheet and produce metaverse-related content.
SEC Delays Decision on Invesco and Galaxy Digital's Ether ETF
The SEC extends the review period for the Invesco and Galaxy Digital's Ether ETF until February 6, 2024, signaling continued caution in cryptocurrency product approvals.
Bank of Korea Initiates CBDC Pilot Plan on Samsung Galaxy Smartphones
Samsung Electronics will participate in South Korea’s Central Bank Digital Currency pilot project. The electronics tech giant will help to determine whether CBDC transactions could be conducted on smartphones without the availability of an internet connection.
Samsung Galaxy S24 Unveils Live Translate for Seamless Multilingual Calls
Samsung introduces Live Translate on the Galaxy S24 series, enabling real-time translation during calls across various languages. This innovative feature, compatible with both Galaxy and non-Galaxy phones, is designed to break down language barriers, making communication more accessible and inclusive.
SEC Delays Decision on Invesco Galaxy's Application for Spot Ether ETF
The US SEC has extended the review period for Invesco Galaxy's application for a spot Ether ETF, with the deadline set for July 5. This follows similar delays for eight other potential Ether ETF issuers, including VanEck. Analysts express skepticism.
Galaxy Digital Loses $111.7m in Q1 as Crypto Markets Plunge
A diversified financial services firm dedicated to the digital asset, Galaxy Digital (GLXY) announced its financial results for the first quarter ended March 2022, with a significant financial loss.
Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain
Samsung device users can now securely store the private keys of their cryptocurrency wallet on their phone, with a recent add-on feature by the Stellar Development Foundation (SDF).
Goldman Sachs Trades First Over-the-Counter Crypto Transaction with Galaxy Digital
Goldman Sachs has become the major US bank to conduct the first over-the-counter crypto trade.
Galaxy Digital CEO Believes Bitcoin Will Not Fall to $50,000-$55,000 Without Major Shift
Michael Novogratz predicts Bitcoin's stability above $50K-$55K hinges on US spot ETF flows, cautioning investors to brace for potential corrections.
Galaxy Asset Mgmt Secures FTX Crypto Sale Bid; Weekly Cap Set at $50M
Jeff Dorman, CFA and CIO of Arca, discusses the court-approved sale of FTX's crypto assets by Galaxy Asset Management. The sale is expected to be gradual and opportunistic, with a maximum sale of $50 million per week. Galaxy's goal is to outperform a static portfolio, not converting the estate into a L/S fund. The sales process is expected to be systematic, strategic, and potentially slower than expected.
No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz
Former Goldman Sachs hedge manager and seasoned investor Mike Novogratz said that nowadays, losing Bitcoin keys just does not happen anymore.
Why Mike Novogratz Acquired 500,000 Ethereum from Vitalik Buterin at $0.99 Each in 2015
Mike Novogratz, Galaxy Digital founder, and CEO has disclosed that he bought 500,000 Ethereum from its co-founder Vitalik Buterin for only $0.99 per Ether.
Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status
Galaxy Digital founder and CEO Mike Novogratz believes Bill Gates could gain and solidify his status if he owned Bitcoin.
Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.
Mike Novogratz on Why He Now Believes Crypto Should Take Up a Bigger Portion in Investors' Portfolios
Mike Novogratz, the CEO of Galaxy Digital recently revealed that he has around half of his net worth tied up in cryptocurrencies.
Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin
At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.
Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype
According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.
Samsung Silently Adds Bitcoin Support for Blockchain Phones
Samsung recently added Bitcoin to the Blockchain Keystore, on the blockchain-enabled smartphones. Samsung’s Galaxy S10 range launched in March with the “Blockchain Keystore” feature offering the storage of cryptocurrencies and transactions for Ether and ERC-20 tokens.