Galaxy Digital

Cosmos liquid staking protocol pSTAKE raises $10 million in seed funding

Source Node: https://www.theblockcrypto.com/post/124454/pstake-persistence-cosmos-liquid-staking-protocol-seed-funding?utm_source=rss&utm_medium=rss
Time Stamp: November 16, 2021 9:00 AM - Modified On: November 16, 2021 - Published By:
Source Cluster:
Republished By Plato

pSTAKE, a liquid staking protocol from blockchain startup Persistence, has raised $10 million in a seed funding round.Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital co-led the round, with Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, and Sino Global Capital also participating. Several angel investors, including Aave's Ajit Tripathi, Terra founder Do Kwon and Alpha Finance co-founder Tascha Punyaneramitdee, also backed the round. Crypto staking infrastructure providers, including Stake.fish, Figment Fund, Everstake, and Chorus One, also joined the round. This was pSTAKE's first fundraise and was

As Bitcoin inches towards $60K, Q4 may see ‘parabolic moves in all of crypto’

Source Node: https://ambcrypto.com/as-bitcoin-inches-towards-60k-q4-may-see-parabolic-moves-in-all-of-crypto/
Time Stamp: October 8, 2021 8:30 PM - Modified On: October 8, 2021 - Published By:
Source Cluster:
Republished By Plato

Earlier this week, Bitcoin broke through the psychologically important mark of $50,000 for the first time in a month, causing many investors to turn their eyes to the top cryptocurrency again. The resurgence of interest in bitcoin recently has resulted in higher trading volumes, combined with mega whale moves. Someone(s) bought up $1.6B worth $BTC via market orders in just 5 minutes. Short liquidations seem relatively smaller like $17M at that time. This is more like whale buying, not cascade liquidations.https://t.co/dD3OsykiET pic.twitter.com/0NnvbmaYYm — Ki Young Ju 주기영 (@ki_young_ju) October 6,

Key Timing for Adoption? Crypto Goes Mainstream With TV, Newspaper Ads

Source Node: https://cointelegraph.com/news/key-timing-for-adoption-crypto-goes-mainstream-with-tv-newspaper-ads
Time Stamp: August 18, 2020 12:46 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Amid turbulent times for the world at large, the cryptocurrency space seems to be cruising on its own steam in 2020. The coronavirus pandemic has put a major strain on economies around the world, and countries such as the United States have seen their central banks resort to extended quantitative easing in order to stimulate their financial ecosystems.Some analysts believe that this continual fiscal stimulus is part of the reason that the cryptocurrency market is enjoying relative success compared with its traditional financial counterparts.The likes of Anthony Pompliano, co-founder of

Bitcoin Is Better Than Gold Right Now: Galaxy Digital’s Mike Novogratz

Source Node: https://bitcoinist.com/bitcoin-better-than-gold-right-now-galaxy-digitals-mike-novogratz/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-better-than-gold-right-now-galaxy-digitals-mike-novogratz
Time Stamp: August 15, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Eyes are starting to fall on both Bitcoin and gold as money printing continues. Case in point: It was revealed that Warren Buffett through Berkshire Hathaway sold many bank stocks while acquiring Barrick Gold shares. There is a debate in certain circles over what investment is better in the current macroeconomic environment, gold or BTC? According to Mike Novogratz, Bitcoin is likely better than the precious metal. This is a sentiment that has also been said by players like Raoul Pal, a former Goldman Sachs partner. Bitcoin Is Better Than

Analyst Who Predicted Bitcoin’s 2018 Bottom Expects a Move to $14k

Source Node: https://bitcoinist.com/analyst-predicted-bitcoins-2018-bottom-expects-move-14k/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-predicted-bitcoins-2018-bottom-expects-move-14k
Time Stamp: August 14, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin is stagnating in the high-$11,000s once again despite Ethereum breaking higher. BTC trades at $11,800 as of this article’s writing, meaning the asset remains below the critical $12,000 level. An analyst thinks Bitcoin is poised to move to $14,000 in the near future. The analyst in question is one that has been historically accurate with his price calls. He famously predicted BTC would bottom 2018’s bear trend at $3,200 months before it did. Others think that BTC is primed to move to $14,000, citing technical and fundamental reasonings. Bitcoin

Eerily Accurate Analyst Thinks Bitcoin Could Hit $20,000 in the Next 3 Months

Source Node: https://bitcoinist.com/eerily-accurate-analyst-bitcoin-hit-25000-next-3-months/?utm_source=rss&utm_medium=rss&utm_campaign=eerily-accurate-analyst-bitcoin-hit-25000-next-3-months
Time Stamp: August 8, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin has finally started to show weakness after recovering from last weekend’s flash crash. After falling as low as $10,500 last weekend, the leading cryptocurrency surged as high as $11,950 before retracing. As of the time of this article’s writing, BTC trades for $11,500, sliding to this critical level from the aforementioned highs. The retracement for Bitcoin has been bearish, especially considering it was rejected at $12,000 again. Some remain optimistic that Bitcoin bulls are in control, though. One historically accurate analyst that predicted BTC’s macro price action is still

Wall Street Veteran Explains Why He’s “Irresponsibly” Long on Bitcoin

Source Node: https://bitcoinist.com/wall-street-veteran-explains-why-hes-irresponsibly-long-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=wall-street-veteran-explains-why-hes-irresponsibly-long-bitcoin
Time Stamp: August 7, 2020 8:00 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin has gained steam over recent weeks, hitting $12,200 last weekend as buyers rushed in. Analysts say that the cryptocurrency market has room to move higher due to technicals. But from a fundamental standpoint, some argue that BTC is more bullish than ever before. Raoul Pal, the CEO of Real Vision and a Wall Street veteran, recently touched on this. He told his Twitter following on August 6th that he’s “irresponsibly long” on Bitcoin due to the fundamentals. This Ex-Goldman Sachs Exec Is “Irresponsibly” Long on Bitcoin For This Reason

Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss

Source Node: https://cointelegraph.com/news/novogratz-galaxy-digital-continues-losing-streak-in-2019-posts-33m-q4-loss
Time Stamp: April 9, 2020 3:04 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Galaxy Digital, a major cryptocurrency investment bank founded by ex-Goldman Sachs partner, Mike Novogratz, continued its 2018 trend by posting another net loss in Q4 of 2019.According to an official April 8 announcement, the company suffered a net loss of more than $32.9 million in Q4, with the company outlining “realized loss on digital assets” and operating expenses as causes for the loss.Galaxy Digital has posted repetitive losses since its founding in 2018Galaxy Digital was officially founded in early 2018 with the mission to institutionalize the crypto industry. Since then,

Mike Novogratz Thrashes Stocks in Favor of Bitcoin and Gold 

Source Node: https://insidebitcoins.com/news/mike-novogratz-thrashes-stocks-in-favor-of-bitcoin-and-gold/257264
Time Stamp: April 8, 2020 7:01 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Mike Novogratz, the billionaire and founder of cryptocurrency merchant banking firm Galaxy Digital, has cast doubt over the long-term stability of the United States stock market.In the wake of widespread market rebounds from the coronavirus, the billionaire and Bitcoin bull has come out to bash traditional stock portfolios, touting alternative investment classes like Bitcoin and gold instead. Cash is Trash, and Stocks are MisleadingNovogratz appeared on a recent episode of CNBC’s “Squawk on the Street” segment earlier this week, where he counseled investors to keep off traditional stocks and keep their wealth

Bitcoin Bull Mike Novogratz Says He Might Ditch BTC if it Fails to Hit $20k This Year

Source Node: https://coinfomania.com/mike-novogratz-ditch-btc-20k-this-year/?utm_source=rss&utm_medium=rss&utm_campaign=mike-novogratz-ditch-btc-20k-this-year
Time Stamp: April 3, 2020 1:58 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

As Bitcoin (BTC) struggles to recoup the 2020 gains it shredded last month amid the Coronavirus pandemic, Mike Novogratz of Galaxy Digital is still bullish on the cryptocurrency, and he believes that BTC still has much more to offer. Novogratz predicts BTC at $20k in 2020 More like a life bet on Bitcoin, Novogratz said in an interview with CNBC’s Closing Bell segment on Thursday that he is ready to retire if the world’s most valuable crypto doesn’t hit the $20,000 mark this year. Speaking optimistically, the CEO of Galaxy