2020-5-16 20:39 |
Mike Novogratz’s Galaxy Digital has been accepted into the Toronto Stock Exchange’s sandbox, with hopes of graduating onto its senior platform after 12 months.
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Mike Novogratz, one of the first crypto billionaires and founder of financial services company Galaxy Digital, predicted that Bitcoin would likely remain within the $55k-$75k price range for now.
Mike Novogratz, CEO of Galaxy Digital, recently shared his insights on Bitcoin’s future and the role of Exchange-Traded Funds (ETFs) in boosting retail demand for digital assets. During an interview with Forbes, Novogratz highlighted the significant impact of traditional finance…
Investment bank Canaccord started research on the stock with a buy rating and C$17 per share price target, implying 30% upside.
Maintaining its lofty position—the highest it has reached in the last 18 months—Bitcoin is once again on the edge of a potential price increase. With a notable 10% gain over the previous month and more than a doubling of its value over the same period last year, the markets valued Bitcoin (BTC) at over $38,600 on Friday morning.
Mike Novogratz expects SEC to approve a Spot Bitcoin ETF this year. Barclays analyst does not expect that to be a huge benefit for Coinbase. Coinbase stock is currently down over 30% versus its year-to-date high.
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.…