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Goldman Sachs Partners with Galaxy Digital on First OTC Crypto Trade

Galaxy Digital Holdings Ltd. (TSX: GLXY) has facilitated Goldman Sachs‘ (NYSE:GS) first over-the-counter crypto trade, according to Galaxy. The specific trade was for a “Bitcoin non-deliverable option”. Galaxy claims this is the first OTC transaction by a major US bank. Damien Vanderwilt, Co-President, and Head… Read More

Bitcoin Mining Report: Analysts Expect to See Multiple Crypto Mining Firms to Complete Listings on the NASDAQ

Brandon Bailey, a crypto mining analyst at Galaxy Digital, notes that a strong Bitcoin bull market, “authoritarian” crackdown on cryptocurrency mining in China and “flight to North America” seems to have flipped the international hashrate economy on its head during 2021. In a recent report,… Read More

CoinShares, Digital Currency Group, Galaxy Digital Contribute to Staking Rewards’ 3M CHF Round

Staking Rewards, a provider of independent staking data and research, has secured 3 million CHF from various digital asset investment companies to create a new suite of products and services catering to the staking space, “including the development of investable staking index products.” Currently, staking… Read More

Galaxy Digital, a Full-Service Crypto Merchant Bank, Records a Net Loss of $68.2 million during Q3

Galaxy Digital (TSXV: GLXY), a full-service cryptocurrency merchant bank launched by former hedge fund manager Michael Novogratz, has generated $58.4 million in net income during the first three quarters of this year, which represents a 133% increase from the same financial period in 2018. In… Read More

Novogratz’ Crypto Merchant Bank, Galaxy Digital, Granted Underwriters License in US

Mike Novogratz’ ambitious crypto merchant bank venture, Galaxy Digital (TSXV: GLXY; Frankfurt: 7LX) has been licensed by FINRA to underwrite crypto-token offerings, which will lead to the, “expansion of its broker-dealer, Galaxy Digital Advisors LLC,” Galaxy Digital states in a press release July 24th. According to TechCrunch, Galaxy… Read More

Mike Novogratz Downgrades Bitcoin Price Prediction, Says it Won’t Break $9000 in 2018

Mike Novogratz, creator of cryptocurrency merchant bank Galaxy Digital, told and audience at the Economist Finance Disrupted conference in New York this week that he does not expect Bitcoin to surpass the $9000 USD mark this year, CNBC reports. Novogratz’ latest call contradicts a number… Read More

Goldman Sachs VP Latest Defector to Crypto

Press tracking events in crypto have been reporting on talent migrating from traditional tech and finance into blockchain and crypto for some time now. The latest news concerns an announcement that Richard Kim, formerly VP London at Goldman Sachs, is now CEO at Mike Novogratz’s new… Read More

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