By comparison, traditional options trading of stocks accounts for 20% of the market cap of the S&P 500 at the Chicago Board Options Exchange (CBOE), EDG said. “When you think of all the other [S&a...
Tag: Galaxy
Galaxy Digital Ends Agreement To Buy BitGo
Galaxy CEO Mike Novogratz said on the company’s earnings call last week that the length of the acquisition process had been “frustrating” Company reveals plan to launch a platform for institutions all...
Galaxy Digital Terminates Agreement to Acquire Crypto Custodian BitGo
Financial services company Galaxy Digital Holdings announced that it will no longer pursue its acquisition of the cryptocurrency custody provider BitGo. According to the official release, the decision...
Galaxy Digital Records Increased Losses, Senate Passed Inflation Reduction Act, Crypto Market Bullish – crypto.news
Galaxy Digital recently released its quarterly report that indicates the network suffered a $554 million loss in the second quarter. In other news, the US Senate passed the inflation reduction act on ...
Samsung ready to launch an NFT ecosystem for Galaxy
Korean electronics giant, Samsung Electronics, recently signed a memorandum of understanding (MOU) with six companies that will collaborate to build the Galaxy NFT ecosystem. Samsung’s future NFT ecos...
Galaxy Digital eyeing more M&A despite $554 million loss
Galaxy Digital is looking at acquisitions to add new areas to its core businesses. Founder and CEO Michael Novogratz noted the firm has $1 billion in cash to spend and that it continues to raise capit...
Galaxy Digital Records Over Half a Billion Loss in Q2
Despite a severe downturn during the second quarter, Galaxy Digital maintains a solid cash position sufficient to deal with any further headwinds. On Monday, August 8, Galaxy Digital Holdings released...
Galaxy Digital Incurs $554.7 Million Comprehensive Loss in Q2
7 hours ago | 2 mins read Bitcoin News Galaxy’s investments were $753.9 million at the time of the report. Non-algorithmic stablecoins accounted for $256.2 million. This has been a difficult year for ...
Galaxy Digital’s $554 million loss triples from a year ago
Galaxy Digital reported a loss of more than $554 million for the second quarter, compared to a $182.9 million loss in the prior year period amid a tumble in crypto asset prices. The digital asset-focu...
Bitcoin Not Going to $30,000 Anytime Soon, Says Galaxy Digital CEO Mike Novogratz
Founder of Galaxy Digital and billionaire cryptocurrency investor Mike Novogratz expects Bitcoin to remain range bound for a while after the recent price pump. He believes that Bitcoin is not going pa...
Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil
Galaxy Digital Holdings Ltd, on Monday, announced its second-quarter earnings report that showed that the company has more than tripled the amount of the net loss it witnessed in the same period last ...
Samsung partners with Theta Labs for upcoming Galaxy NFT ecosystem
Samsung Electronics has signed a memorandum of understanding (MOU) with partners, including Theta Labs, to operate an NFT ecosystem for its new range of Galaxy mobile phones. “Samsung Electronics is p...
Galaxy Digital’s Stock Rises Despite Posting $555M Q2 Net Loss
The company’s assets under management stood at $1.7 billion at the end of Q2, down 40% from the prior quarter Mike Novogratz labels BlackRock’s deal with Coinbase “a monumental shift” for the industry...
Galaxy Digital Lost Over Half a Billion Dollars in Q2
Key Takeaways Galaxy Digital Holdings has disclosed second-quarter losses of over $554 million in its latest earnings report. The firm reports that much of its losses are unrealized and that it remain...
Galaxy Digital’s Q2 Net Loss More Than Triples to $554.7M Amid Market Downturn
The larger loss was mainly the result of the crypto market downturn and investments in Galaxy’s trading business, the firm said on Monday. The firm reported a loss of $182.9 million for the seco...
Argo Blockchain continues selling Bitcoin to pay off Galaxy Digital debt
Argo Blockchain, a cryptocurrency mining company, has continued to sell its Bitcoin holdings to repay the debt owed to Galaxy Digital, a cryptocurrency investment company owned by Michael Novogratz. A...
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
Cryptocurrency mining firm Argo Blockchain continues to sell its Bitcoin (BTC) holdings to cut its debt to Michael Novogratz’s crypto investment firm Galaxy Digital. Argo sold another 887 Bitcoin in J...
Galaxy Digital Seeds New Crypto Fund Manager
Europa’s actively managed open-end fund is set to offer exposure to crypto spot assets, derivatives and DeFi protocols Lower valuations amid crypto sell-off presents “better entry point” for some inve...
Enjinstarter Partners With Galaxy Arena
Enjinstarter has announced its partnership with Galaxy Arena on Twitter, committed to bringing more intergalactic action for players beyond their earthly imagination. All new commitments that will be ...
Galaxy Buys $75 Million ETH – Trustnodes
The Galaxy Institutional Ethereum Fund has bought $75.6 million eth according to a filing with the Securities and Exchanges Commission. The purchase was on behalf of 21 investors, each with a minimum ...
Galaxy Digital Names Credit Suisse Veteran as Global Head of Distribution
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Galaxy Block Coin (GXBC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Jun. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed Galaxy Block Coin (GXBC) on June 22, 2022. For all users of LBank Exchange, the GXBC/USDT trad...
Bitfarms gives up 3,000 BTC to pay down $100 million loan from Galaxy Digital
Bitcoin miner Bitfarms paid down a $100 million bitcoin-backed loan with the sale of 3,000 BTC in the last week while securing an additional $37 million facility collateralized by mining machines. The...
Don’t Expect A Bitcoin Recovery Anytime Soon, Galaxy Digital CEO
Billionaire Mike Novogratz has warned investors to not expect much of a recovery in bitcoin anytime soon. Novogratz who serves as the CEO of the digital asset merchant bank Galaxy Digital has always b...
RareMint Launches the RareMint Galaxy Pass – crypto.news
Since launching RareMint, they’ve made it their mission to thank their loyal customers. Also, to reward those who joined them in the early stages of the company’s growth. As a result, the Galaxy Pass ...
Galaxy Digital CEO Mike Novogratz Says Crypto is Closer to Bottom Than Stock
Mike Novogratz, a famous American crypto proponent and founder of crypto investment firm Galaxy Digital, believes that the crypto market is closer to the “bottom” than the U.S. stock market. Ethereum ...
Galaxy Digital CEO, Mike Novogratz: “Crypto Market Nearer To Bottom Than Stocks”
– Advertisement – Crypto Market Nearer To Bottom Than Stocks. According to a Bloomberg report, the founder and CEO of Galaxy Digital Holdings Ltd., Mike Novogratz, suggested that cryptocur...
This is When the Next Crypto Cycle May Begin as per the CEO of Galaxy Digital
Mike Novogratz, CEO of Galaxy Digital who was a hardcore proponent of LUNA at a conference predicts the next crypto bull run would begin in Q4 2022. He also believes that the FED is going to take some...
The Majority of Crypto Hedge Funds Will Go Out of Business, Predicts Galaxy Digital CEO Mike Novogratz: Report
The chief executive of crypto asset management company Galaxy Digital, Mike Novogratz, thinks the majority of crypto hedge funds could be headed toward dark days in the future. Novogratz outlined his ...
Skolem announces $20 million Series A round led by Galaxy Digital
Data and trade execution service provider Skolem Technologies announced Wednesday that it has closed a $20 million Series A round led by Galaxy Digital. Point72 Ventures, Jump Crypto, Fenwick and West...