Galaxy Digital appoints former BlockFi CEO Zac Prince as Managing Director to work alongside President Chris Ferraro, leveraging his expertise in digital asset lending during a pivotal time for cryptocurrency.
Galaxy Digital now offers staking services in conjunction with BitGo despite legal battle history.
Galaxy Digital will work with a new CFO as it prepares for the pro-Donald Trump Presidency.
Galaxy Digital’s Mike Novogratz is pushing for a pro-crypto leader for the US SEC.
Leading crypto firms including Paxos, Kraken, Galaxy Digital, and Robinhood announced the formation of the Global Dollar Network to enhance stablecoin adoption globally.
Galaxy Digital has allegedly increased its Bitcoin portfolio by acquiring 400 BTC, valued at approximately $23.4 million.
Democratic House Representative Ro Khanna said the crypto industry is a key contributor to America’s financial prowess and also acknowledged the frustration among the industry players.
Argo plans to use net profits generated from the deal for corporate affairs. The company said that part of the profits will be dedicated to catering to the company’s needs, operations, and other corporate purposes.
Blockworks founder Jason Yanowitz who will be hosting the Permissionless Crypto conference in October said that Democratic donors are willing to mediate between them and Kamala Harris’ campigh team.
In the past, Galaxy Ventures invested between $30 million and $50 million of the firm’s money into various crypto startups.
According to data from CryptoQuant, over 40% of the Bitcoin owed to Mt. Gox creditors has been distributed, equating to around $3.6 billion.
If China re-enters the crypto market, it could drive a major upward rally. Additionally, embracing Bitcoin could solidify China’s position in the global fintech landscape, enhancing international trade.
Although the intakes are currently happening at a much slower rate than before, these ETFs have still impressed so far.
According to the announcement, State Street Bank and Trust will manage the day-to-day operations and administration of the new ETFs.
Despite Novogratz’s enthusiastic support, not everyone in the industry agrees with his views on meme coins.