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The Latest Breaking News from Galaxy Digital

Galaxy Digital Scores Relative Strength Rating Upgrade; Hits Key Threshold

A Relative Strength Rating upgrade for Galaxy Digital shows improving technical performance.

Investors Business Daily

$4,000 Is Ethereum's Last Hurdle Before Price Discovery, Says Galaxy Digital's Mike Novogratz

Michael Novogratz, CEO of Galaxy Digital on Thursday said Ethereum (CRYPTO: ETH) has a chance to outperform Bitcoin (CRYPTO: BTC) over the next three to six months as institutional capital begins to rotate deeper into Ethereum.

Benzinga

Stocks To Watch: Galaxy Digital Sees Relative Strength Rating Jump To 91

Galaxy Digital shows rising price performance, earning an upgrade to its IBD Relative Strength Rating.

Investors Business Daily

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$1 Billion Bitcoin Transfer Triggers Massive Liquidations — This Is Where It Was Offloaded

A Bitcoin (CRYPTO: BTC) transfer of nearly $1 billion has caused a stir in the cryptocurrency market.

Benzinga

Galaxy Digital Scores Relative Strength Rating Upgrade; Hits Key Threshold

Galaxy Digital sees its Relative Strength Rating reach the 80-plus level.

Investors Business Daily

Crypto Mining Stocks Surge Thursday: What Happened?

Shares of crypto miners Applied Digital Corp (NASDAQ:APLD), Galaxy Digital Inc (NASDAQ:GLXY) and IREN Ltd (NASDAQ:IREN) all closed higher Thursday in sympathy with Core Scientific Inc (NASDAQ:CORZ). Core Scientific’s stock gained on reports that AI cloud firm CoreWeave Inc (NASDAQ:CRWV) is in discussions to acquire it.

Benzinga

Ethereum ETFs Launch: Analyst Floats Potential 'Problem' Issuer Amid SEC's Slow Approval

The SEC supposedly provided a new round of comments that "took zero time" for applicants to update, but what is taking the regulator longer than initially expected to fully approve spot ETH ETFs for trading?

International Business Times

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Most Democrats Outside Elizabeth Warren's Circle Are Pro-Crypto: Galaxy Digital CEO

Mike Novogratz revealed that "most" Democrats outside the circle of Massachusetts Sen. Elizabeth Warren are actually pro-crypto – the claim comes amid increasing Republican support for the digital assets space.

International Business Times

House Members Highlight Benefits Of Tokenization In Digital Assets Hearing

House lawmakers Wednesday discussed tokenized real-world assets, signaling growing interest among U.S. politicians in the vast blockchain and cryptocurrency sectors.

International Business Times

Galaxy Digital Tokenizes Yat Siu's 300-Year-Old $9M Stradivarious Violin

Galaxy Digital has tokenized a historical musical instrument that was said to have belonged to Catherine the Great, a former reigning empress of Russia in the late 1700s.

International Business Times

Bitcoin Hits All-Time High: Bull Run Continues Amid Regulatory Buzz And Halving Hype

Analysts see this as a pivotal moment, highlighting bitcoin's resilience and its ability to bounce back despite challenges.

International Business Times

Spot Bitcoin ETF In US To Get 'Green Light' On Jan. 10: Report

Besides approving ARK's spot Bitcoin ETF, it is believed that the regulator could also give the go signal to several other applications on Jan. 10, a report said, citing a recent SEC guideline seen by "sources close to these firms."

International Business Times

Galaxy Digital CEO Mike Novogratz says Bitcoin will rebound to its all-time high by next year in wake of ETF approvals

Novogratz said the approval of a spot Bitcoin ETF could drive billions to the crypto space.

Fortune

Galaxy Digital Projects 74% Spike For Bitcoin With US-Regulated ETF Approval

Crypto fund predicts significant price increase and market adoption with a spot Bitcoin ETF.

Zenger

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Zenger

Invesco Galaxy Digital Files For Spot Ether ETF Amidst Delay In Bitcoin ETF Decision

Futures-based Ether ETFs set to launch soon as Invesco joins the race, while SEC extends decision on Bitcoin ETFs.

Fortune

Bitcoin maximalist Mike Novogratz, who once predicted it hitting $500K in 2024, would now be ‘the happiest guy’ if it ends the year at $30K

Bitcoin will eventually hit $500,000, but not in the next five years, the Galaxy Digital CEO said Wednesday.

Evening Standard

London crypto firm Argo sells Bitcoin mine to Galaxy Digital to shore up finances

London-based crypto firm Argo has agreed to sell its Bitcoin mining facilities to New York-based Galaxy Digital as part of a $100 million deal to shore up its shaky finances.

Fortune

Crypto billionaire Mike Novogratz says Sam Bankman-Fried ‘should go to jail,' as the ex-FTX billionaire worries about paying his lawyers

“The problem was, he took our money. And so he needs to get prosecuted,” says Novogratz, whose Galaxy Digital disclosed $76.8 million exposure to FTX.

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Benzinga

Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions

In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC: BRPHF) revealed it has a $76.8 million exposure to the beleag

Investors Business Daily

Cryptocurrency News And Price Weekly Wrap-Up For Nov. 4, 2022

Cryptocurrency News Weekly Wrap-Up: Coinbase earnings; Binance's potential Twitter role; Elon pumps Dogecoin; Visa kicks it with Crypto.com

Benzinga

Big Tech Behemoths Silently Embracing Crypto & DeFi

Crypto and decentralized finance is not nearly as obscure as many traditional investors will have you believe. On the contrary, DeFi and token technology has been embraced by some of the world’s most innovative companies, if not silently.

Investors Business Daily

Galaxy Digital Reorganizing After Backing Out Of $1.2 Bil Buyout Deal

Galaxy Digital says it will reorganize and go public after backing out of its $1.2 billion deal to buy cryptocurrency services company BitGo.

Benzinga

Benzinga Before The Bell: Elon Musk May Get Info It Wants From Twitter, Apple To Lay Off 100 Recruiter Contractors, Saudi's Investment Fund Picks Stocks Of US Big Tech And Other Top Financial Stories Tuesday, August 16

Reuters

Tribune News Service

Almost $4 billion in bitcoin miner loans are coming under stress

The prolonged slump in Bitcoin is making it more difficult for some miners to repay the up to $4 billion in loans they have backed by their equipment, posing a potential risk to major crypto lenders.

Benzinga

Mike Novogratz Says Bitcoin Will 'Explode North' The Moment This Happens

The cryptocurrency market has been following traditional markets lower since the start of the year, but one investor said crypto will lead markets higher on the other side of the Federal Reserve's most aggressive tightening cycle in more than 40 years.

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