Galaxy Digital News
Latest Galaxy Digital News
Bitcoin has finally crossed the $100,000 mark, and while that’s big news for the industry, some analysts are sounding the alarm about what comes next. Bitcoin (BTC) has long been touted by its die-hard supporters as the crypto destined to…
BTC
Bitcoin
Galaxy Digital is launching a $300 million private offering of exchangeable senior notes due 2029 to fund the expansion of its West Texas Helios data center and support corporate initiatives. Mike Novogratz’s Galaxy Digital Holdings announced on Nov. 20 that…
BTC
Bitcoin
H.C. Wainwright has initiated coverage on Galaxy Digital Holdings stock, offering a Buy rating and a price target of C$24. Analyst Mike Colonnese states that the U.S.-based digital asset-focused financial services firm’s shares offer the diversified exposure investors seek when…
BTC
Bitcoin
Crypto management startup Mesh has partnered with broker CoinMENA to streamline crypto transactions in the Middle East. Crypto startup Mesh (formerly known as Front Finance) has announced a strategic partnership with Bahrain-regulated crypto trading platform CoinMENA to expand its services…
Galaxy Asset Management has bagged $113 million for a new venture fund investing in early-stage startups focused on crypto software, infrastructure and financial apps. Michael Novogratz‘s crypto bank Galaxy Digital has raised $113 million for a new fund focused on…
Galaxy Digital, the digital bank founded by Michael Novogratz, is poised to become the largest validator in the Solana network. Galaxy Digital, a global crypto-focused financial services firm founded by Bitcoin bull Michael Novogratz, is set to surpass Coinbase as…
SOL
Solana
Robin Linus, the author of BitVM whitepaper, slammed Citrea stating that the project’s marketing is “full of overclaims and misleading statements.” Bitcoin zero-knowledge rollup Citrea, which recently secured $2.7 million in a seed funding round led by Galaxy Ventures, has…
BTC
Bitcoin
Galaxy Digital’s Alex Thorn suggests that the SEC might classify staked Ethereum as a security in a bid to find a loop to approve spot Ethereum ETF. The U.S. Securities and Exchange Commission (SEC) might make an eyebrow-raising turn regarding…
ETH
Ethereum
Galaxy Digital CEO Michael Novogratz thinks the crypto market has stuck in a “consolidation phase,” blocking it from growing higher. Bitcoin is unlikely to experience any bull run in the foreseeable future as the whole crypto market has been stuck…
BTC
Bitcoin
California-based venture capital firm Pantera Capital has reportedly won another bid for discounted SOL tokens from a collapsed exchange. Pantera Capital, a Menlo Park-headquartered crypto venture capital firm, has won another pack of discounted Solana’s SOL tokens in an auction…
SOL
Solana
Venture capital veterans as well as crypto management firms have lined up to back 1kx’s new fund focused on crypto consumer apps. Crypto investment firm that specializes in ecosystem growth 1kx has oversubscribed its early-stage venture fund to back crypto…
BTC
Bitcoin
Galaxy Asset Management surpassed $10 billion in Assets under Management (AUM) for the first time on Feb. 29, 2024. Galaxy Digital Holdings’ institutional investing division credited the milestone to a growing enthusiasm among institutional investors for digital assets. Mike Novogratz,…
Citrea, a project focused on integrating zero-knowledge rollups with Bitcoin, has raised $2.7 million in a seed round led by Galaxy Ventures, part of Galaxy Digital. The investment marks a significant step towards enhancing Bitcoin’s capability to support a wider…
BTC
Bitcoin
The U.S. Securities and Exchange Commission (SEC) has delayed considering an application for a spot Ethereum (ETH) ETF, proposed by Invesco and Galaxy Digital. The SEC said it would initiate proceedings to determine whether to approve or deny a proposed…
LPL Financial, the largest U.S. independent broker-dealer, takes a measured approach, conducting a three-month evaluation before entering the spot Bitcoin ETF market. The San Diego-headquartered broker-dealer is planning a thorough three-month evaluation before deciding to join the spot Bitcoin exchange-traded…
BTC
Bitcoin
Invesco and Galaxy Digital have announced fee reductions for their spot Bitcoin (BTC) ETF (BTCO). According to filings with the U.S. Securities and Exchange Commission, the fee is reduced by 14 basis points, from 0.39% to 0.25%. Invesco and Galaxy…