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The school of thought that Ethereum will one day flip Bitcoin is one that has been around for a while. Although debates around this have subsided following the bull rallies that rocked last year. However, it seems not everyone has forgotten about this. One of those is Galaxy Digital’s trading
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Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm originally planned.Galaxy Digital has made some changes to the terms of its acquisition of BitGo, CEO Mike Novogratz announced in an earnings call
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Speaking on the company earnings call Thursday morning, CEO Mike Novogratz said Galaxy tweaked the deal terms to reflect progress BitGo has made, including hiring over 150 people since the original agreement in May. “It's a bigger and better company,” and Galaxy will continue to work on integration with BitGo,
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Michael Novogratz's Galaxy says it's building on the relationship with Goldman as more Wall Street clients seek to push into cryptocurrency trading. Source
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American investment bank Goldman Sachs continues to expand its cryptocurrency trading expertise by executing its first-ever over-the-counter (OTC) crypto options trade.Goldman Sachs executed its first OTC crypto transaction in collaboration with the trading unit of Michael Novogratz’s cryptocurrency investment management firm Galaxy Digital.According to a joint announcement on Monday, the OTC
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Crypto proponent Michael Novogratz has made an ambitious prediction regarding the world’s leading digital currency by market cap, Bitcoin. Novogratz said cryptos will soon go viral like the internet and the price of Bitcoin could hit $500,000 much sooner than the world expects. Former hedge fund manager Mike Novogratz has said
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Financial services giant Goldman Sachs has been offering clients exposure to ETH through Galaxy Digital’s Ethereum Fund according to a new Securities and Exchange Commission filing.Goldman Sachs clients keen on spot exposure to Ethereum (ETH) have been offered space in Galaxy’s ETH Fund. This strategy became apparent in a Mar.
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Larger institutions are awaiting more regulatory clarity, but a “really substantial wave” of capital is ready to be put to work across the cryptocurrency industry, said Damien Vanderwilt, Galaxy Digital Holdings Ltd.’s co-president and head of global markets. Source
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Samsung has unveiled its new range of Galaxy S22 premium smartphones at its virtual Samsung 837X space in the Decentraland metaverse.Over 100,000 users attended the “Samsung Unpacked 2022: The Epic Standard of Smartphone Experiences” event in the first 11 hours since it launched on Feb. 9 at 1:37PM UTC, making
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