Galaxy Digital News

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…

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…

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…

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…

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…

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…

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…

Mike Novogratz’s crypto bank Galaxy Digital says 2024 will be a crucial year for Ethereum, as other layer-1 blockchains will raise the stakes. Ethereum appears to be navigating uncharted waters, as the network is set to face “unprecedented challenges” in…

Mike Novogratz, Galaxy Digital CEO, opined that Bitcoin could swiftly race above its 2021 all-time high once the SEC greenlights spot BTC ETFs. 

Sources close to Mike Novogratz's Galaxy Digital say the firm already held a call with hundreds of investment firms about allocating to Bitcoin.

Galaxy Digital's CEO foresees a delay in U.S. crypto regulation until post-2024 elections amid the firm's report of increased Q3 losses.

American investment company Galaxy Digital will expand its presence in Europe, appointing new CEO in Europe. Galaxy Digital has appointed Leon Marshall to lead its European operations, seeking expansion opportunities in the region amid Markets in Crypto-Assets (MiCA) cryptocurrency regulations.…

Bankrupt exchange FTX wants to hire Mike Novogratz’s Galaxy to assist with selling, staking, and hedging its crypto assets. The proposed agreement would see Galaxy managing and trading certain digital assets owned by FTX to convert them into fiat currency or stablecoins.…

Galaxy Digital’s CEO, Mike Novogratz, emphasizes the transformative potential of a spot bitcoin ETF in rejuvenating institutional interest. Despite the hurdles faced by the crypto industry in 2022, mainly underscored by the collapse of FTX, Galaxy Digital remains optimistic about…

Top publicly traded firms reveal their Bitcoin (BTC) portfolios. MicroStrategy leads the list, showcasing the fusion of traditional finance and digital assets. Crypto analytics website CoinGecko has analyzed the top 10 publicly traded companies with the largest Bitcoin portfolios. The…