Galaxy Digital

Asset management giant Invesco filed for a cryptocurrency exchange-traded fund focused on Solana (CRYPTO: SOL) on Wednesday, expanding its offerings beyond Bitcoin (CRYPTO: BTC). What Happened: The proposed Invesco Galaxy Solana ETF, filed in collaboration with the Michael Novogratz-founded...

Galaxy Digital Inc. (NASDAQ:GLXY) shares climbed in after-hours trading Wednesday, seemingly fueled by optimism about its expansion into high-performance computing. What happened: The digital asset and AI infrastructure company announced a 29 million share offering last month to fund the continued...

The Benzinga Future of Digital Assets conference recently provided industry leaders with a platform to discuss Bitcoin's evolving role in investment portfolios. A panel moderated by angel investor Erik LaPaglia explored how Bitcoin is transitioning from a speculative asset to a mainstay in...

Alex Thorn, head of research at Galaxy Digital, on Tuesday emphasized the transformative potential of derivatives for the Bitcoin market, particularly with the launch of options on BlackRock’s iShares Bitcoin ETF (IBIT) on Nasdaq. What Happened: Highlighting the significant impact derivatives...

Cryptocurrency investment firm Galaxy Digital announced the tokenization of a nearly 300-year-old vintage violin once owned by Russian royalty. The instrument will be used as collateral to back a loan. What Happened: The firm owned by crypto billionaire and Bitcoin (CRYPTO: BTC) bull Michael...

Galaxy Digital CEO Michael Novogratz has reiterated his bullish stance on Bitcoin, predicting a price of $100,000 by the end of 2024. In an interview with Bloomberg on Tuesday, Novogratz pointed to several catalysts driving his optimism. Regulatory Tailwinds And Increased Institutional Adoption...

Mike Novogratz, CEO of Galaxy Digital, warned about the economic repercussions of war while forecasting a robust performance for Bitcoin (CRYPTO: BTC). What Happened: Novogratz, the billionaire founder of Galaxy Digital, took to social media platform X on Sunday to express his concerns about the...

Billionaire Mike Novogratz, founder and CEO of Galaxy Digital, predicted Bitcoin (CRYPTO: BTC) and precious metals are poised for a surge, fueled by potential interest rate cuts. What Happened: In a tweet, Novogratz highlighted the lack of solid reasons for the Federal Reserve to reduce interest...

Bitcoin (CRYPTO: BTC) has surged past the $47,000 mark, a peak not seen since April 2022, fueled by expectations that U.S. regulators are on the brink of approving exchange-traded funds (ETFs) that directly invest in the cryptocurrency. Bitcoin made a high of $47,281 on Monday. ETF Applications...

Galaxy Digital, a cryptocurrency group led by U.S. billionaire Mike Novogratz, is actively seeking to acquire more assets from bankrupt digital asset companies. This strategy follows their successful deal involving the sale of coins held by the failed crypto exchange FTX (CRYPTO: FTT), which...

Just a over month ago, the cryptosphere resembled a post-apocalyptic wasteland. The FTX (CRYPTO: FTT) fallout, regulatory headwinds and global economic tremors had left investors cowering under a blanket of fear. Bitcoin (CRYPTO: BTC), the once-mighty digital messiah, was dethroned, its price...

MicroStrategy Inc (NASDAQ:MSTR), the largest corporate holder of Bitcoin (CRYPTO: BTC), expanded its Bitcoin holdings in November. Spearheaded by its CEO Michael Saylor, the company added 16,130 BTC to its treasury. What Happened: Reacting to this news, billionaire investor Galaxy Digital CEO Mike...

In a week marked by diverging market trends, Nasdaq’s slump, coupled with Bitcoin (CRYPTO: BTC) and Gold’s upward momentum has raised questions about a potential shift in the tech investment landscape. What Happened: This week, Bitcoin’s bullish momentum extended to the broader...

Crypto fund Galaxy Digital projects a 74% spike in the price of Bitcoin (CRYPTO: BTC) next year if a U.S.-regulated spot Bitcoin ETF is approved. Galaxy's research underscores that a spot ETF would not only offer direct exposure to Bitcoin but also boast advantages over current investment...

Bitcoin’s (CRYPTO: BTC) value is predicted to soar by a staggering 74% in the first year following the launch of spot Bitcoin exchange-traded funds (ETFs) in the U.S., according to estimates from cryptocurrency investment firm Galaxy Digital. The predictions, according to...