Mike Novogratz’s digital asset financial services firm Galaxy Digital posted a net income of $296 million for the full year 2023, according to its recently released financial statement. This was a significant turnaround after a $1 billion loss in 2022. The company said that Q4 of 2023 was particularly game-changing for the company. In its […]
Galaxy Digital Reports $296M Net Income in 2023 After $1B Loss Read More »
Last updated: March 19, 2024 03:42 EDT | 2 min read Galaxy Asset Management, a prominent crypto investment firm, has surpassed $10 billion in assets under management (AUM) amid a surge in institutional interest in digital assets. In a recent post on X, Galaxy Digital CEO Mike Novogratz said the company has made continuous progress in
Memecoin mania reaches new levels, and the hottest projects right now are all memcoins. Substantial capital inflows into Bitcoin ($BTC) might be the starting pistol for the beginning of the wildest eighteen months the industry has seen. Memecoins investors, however, are famously picky. While Bonk ($BONK) suffers some serious losses, one new memecoin competitor has
BONK Sees Big Losses as Galaxy Fox (GFOX) Meme Coin Shows Major Gains Read More »
Michael Novogratz, the founder of Galaxy Digital, expressed his opinion on Senator Elizabeth Warren’s stance against the cryptocurrency space on X. The post comes in response to Warren’s announcement of additional support from her colleagues for the Digital Asset Anti-Money Laundering Act, a bipartisan bill aiming to address concerns about the use of cryptocurrencies in
Galaxy Digital CEO Mike Novogratz Urges Removal of Senator Warren Read More »
Source: LinkedIn Galaxy Digital, the cryptocurrency group led by US billionaire Mike Novogratz, is seeking additional asset sales from bankrupt digital asset companies following a successful deal that involved selling coins held by FTX. The transaction has significantly increased Galaxy’s funds under management, tripling the figure from $1.7 billion a year ago to $5.3 billion
Galaxy Digital on the Hunt for More Crypto Bankruptcy Assets Post-FTX Deal Read More »
Source: Galaxy Gives Mike Novogratz, Founder and CEO of Galaxy Digital admitted that he was wrong about XRP in an interview. Novogratz also said that altcoins are currently store of value and might have utilities in the future. Novogratz was originally skeptical about XRP, especially regarding its distribution and how Ripple Labs, the creator and
Galaxy Digital CEO Mike Novogratz Admits He Was Wrong About XRP and Altcoins Read More »
Source: iStock/Photographer, Filmmaker, Designer Cryptocurrency firm, Galaxy Digital views the approval of a spot Bitcoin (BTC) ETF as “the most impactful catalysts” towards the growth and adoption of the top digital asset. In an Oct 24 market analysis, Galaxy’s research associate Charles Yu explained the possible effects of a spot BTC ETF in the United
Galaxy Digital Projects Bitcoin Price to Reach Near $60,000 Year After Spot ETF Approval Read More »
