Galaxy Digital, a digital currency investment firm, has now listed its shares on the Nasdaq Global Select Market. The firm started trading on the Nasdaq Global Select Market on May 16, 2025, under the ticker symbol GLXY. This marks a major step for Galaxy Digital’s previous attempts to list its shares on a major U.S […]
Galaxy Digital
Galaxy Digital Moves 23,900 ETH to Coinbase, Market Braces for Impact
Galaxy Digital increased market speculation after depositing 23,900 ETH valued at $42 million through Coinbase. Market speculation grew stronger after Coinbase received the large Ethereum deposit, causing investors to fear Galaxy Digital would sell their cryptocurrency due to its recent trading strategies. These investors show shifting perspectives toward the altcoin since they question Galaxy Digital’s […]
Solana Surges as Galaxy Digital Dumps $100M ETH Amid Meme Coin Boom
Solana has received nearly $105 million worth of Ethereum from Galaxy Digital, one of the leading crypto asset manager, in a strategic move due to the recent increase in the popularity of meme coins and the rapid growth of decentralized exchanges on the network. According to on-chain data from Arkham, Galaxy Digital moved a large […]
Galaxy Digital Plans Mid-May Nasdaq Launch After Regulatory and Shareholder Approvals
The U.S. Securities and Exchange Commission (SEC) approved Galaxy Digital’s trade on the Nasdaq stock exchange as an artificial intelligence and cryptocurrency investment firm. The company operates under the Toronto Stock Exchange (TSX) and plans to relocate its headquarters from the Cayman Islands to Delaware to simplify its corporate structure and operations. The relocation depends […]
Galaxy Digital Settles for $200M Over Terra Promotion Fallout
As part of its settlement with the New York Attorney General Galaxy Digital has agreed to pay $200 million. The settlement results from accusations about Galaxy Digital’s role in undisclosed promotion of collapsed cryptocurrency Terra (LUNA). The company allegedly deceived investors through false statements about how the project operated and its connection with South Korean […]
Galaxy Digital Surges with $296 Million Net Income in 2023 Financial Results
Galaxy Digital, weathering the 2022 storm, soars like a phoenix from the ashes — securing a staggering $296 million net income in 2023 Financial Results. A stark turnaround from its hefty $288 million deficit the previous year. Reflecting not merely enhanced market climes but Galaxy’s calculated maneuvers within crypto’s vast, digital expanse. Galaxy Digital displayed […]
Bitcoin’s 40% Soar Leads Novogratz to Forecast a Dip
In a recent Bloomberg TV interview, Bitcoin dominated as Michael Novogratz, the founder and CEO of Galaxy Digital, offered insights into the volatile world of cryptocurrency. Novogratz, a seasoned investor in the crypto space, foresees a potential dip in BTC’s price before it skyrockets to new highs, marking a crucial phase in its trajectory. With […]
Solana Gears Up for Euro Stablecoin Revolution Despite Market Dip
Solana Blockchain is soon to welcome new projects from major crypto firms, notably Galaxy Digital, Deutsche Bank’s DWS Group, and Dutch market maker Flow Traders. Recent reports have emerged that these digital-asset-focused entities are set to seek regulatory approval for their planned Euro-denominated stablecoin before the intended launch date of 12 to 18 months. Crypto-focused […]
Invesco and Galaxy’s Bitcoin ETF Advances Amidst Growing Investor Interest
In a significant development, Invesco and Galaxy’s joint Bitcoin ETF, with the ticker BTCO, has made its appearance on the Depository Trust and Clearing Corporation’s [DTCC] website, joining the ranks of other leading Assets Under Management [AUMs] spot ETFs like BlackRock, Valkyrie, and Bitwise. The updated list, dated October 31, has caught the attention of […]
Bitcoin Touches 17-Month Peak Amid Whales & Utility Surge
The price of Bitcoin skyrocketed to a significant milestone, hitting $35.2K today, a level not seen since May 2022. This historic achievement was propelled by a series of noteworthy events in the cryptocurrency market. Whale transactions, a key indicator of large trades made by influential investors, surged, reflecting a robust on-chain movement and hinting at […]