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Mike Novogratz’s Galaxy Lands Bitlicense to Serve New York Hedge Funds and RIAs

Galaxy Digital secured a Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS) on May 18, allowing the company to offer regulated digital asset…

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Mike Novogratz’s Galaxy and Sharplink Launch $125M Ethereum-Powered DeFi Yield Fund

Mike Novogratz’s digital asset firm Galaxy Digital and ETH treasury company Sharplink announced a non-binding memorandum of understanding to form the Galaxy Sharplink Onchain Yield Fund. This new private investment…

Continue ReadingMike Novogratz’s Galaxy and Sharplink Launch $125M Ethereum-Powered DeFi Yield Fund

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings…

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Mike Novogratz Expects Bitcoin to Hit $100K by Year-End as US Political Support for Crypto Grows

Galaxy Digital CEO Mike Novogratz predicts bitcoin could hit $100,000 by year-end, citing a positive U.S. political environment for digital assets. He highlighted growing optimism for cryptocurrencies and progress on…

Continue ReadingMike Novogratz Expects Bitcoin to Hit $100K by Year-End as US Political Support for Crypto Grows