Tag Archives: galaxy digital

Novogratz is a fan of making Twitter predictions. This time, he thinks that Donald Trump will lose the Presidential elections. His competitor, according to Novogratz, will have 10 million votes more. One of the subscribers made a bet that this will not happen, placing 1 ETH and Novogratz accepted the deal.However, when it comes to Tom Hanks, Novogratz thinks that no other actors can dive into the Process as precisely as he can. Regarding “A Beautiful Day in the Neighborhood”, he thinks that...

The Bakkt Bitcoin futures exchange, owned by the Intercontinental Exchange (ICE), has just appointed a new chief executive officer (CEO). According to an official press release, the company’s former Chief Product Officer Mike Blandina, has now been promoted to the role of CEO. Blandina already assumed the position on Friday, Dec 20.The appointment of a new CEO was necessary because the company’s founding CEO Kelly Loeffler had to leave the position after her appointment to the United States...

Die Investmentbank von Michael Novogratz bietet seit dem 19. November zwei neue Bitcoin-Fonds an: Galaxy Bitcoin Fund sowie Galaxy Institutional Bitcoin Fund. Galaxy Digital Holdings Ltd. hat bekannt gegeben, dass ihr verbundenes Unternehmen namens Galaxy Digital Capital Management LP („GDCM“) zum 30. November 2019 vorläufige verwaltete Vermögenswerte (assets under management/AUM) in Höhe von 360,7 Millionen USD meldet. Im November 2019...

Premier cryptocurrency lending service BlockFi has introduced a new feature. It is trading at no fees for Bitcoin, Ethereum and the stablecoin GUSD. The startup has been known to allow users access to returns on their cryptocurrency holdings by offering loans to borrowers against users’ cryptocurrency holdings and then passing across the returns in terms of interest on the loans while securing the crypto assets that were used as security for the loans.  While this model is known to have been...

In general, the fund that made a bet on different unknown coins is experiencing major troubles. The long-awaited “altcoin season” didn’t come.ICO Funds Related to Shitcoins are Receiving  the HeatAccording to the sources, ICO designated portfolios are losing most of the profits. Many of the funds keep the “illiquid, pre-launched” tokens which will only be launched at the end of 2019. However, this does not add those tokens any credibility.Instead, we see that privacy-oriented PoW coins are...

Various factors are known to limit the public adoption of cryptocurrency especially Bitcoin. For now, one cannot spend Bitcoin the same way they would spend fiat currencies. Sometimes converting crypto into fiat can be quite a challenge. Custodianship of crypto assets and wallet security are the other concerns for the average investors.Also, wallet and key security together with the undeveloped crypto ecosystem and economic precedent discourage institutional investors from joining the nascent...

Galaxy Digital bringt zwei neue Bitcoin-Fonds auf den Markt, die die ältere amerikanische Generation ab 50 Jahren ansprechen sollen. Dafür nutzt die Investmentbank Bakkt sowie Fidelity Digital Assets. Das Projekt soll klassische, aber finanzkräftige Investoren mit der Liebe zu Krypto-Investments verbinden. Galaxy Bitcoin Fund und Galaxy Institutional Bitcoin Fund Die Investmentbank von Michael Novogratz bietet seit dem 19. November zwei neue Bitcoin-Fonds an: Galaxy Bitcoin...

Fidelity Digital Assets (FDAS), the cryptocurrency division of the Boston-based mutual fund giant, is set to onboard its very fist exchange, before the end of 2019. The FDAS which recently launched a few months ago is currently waxing strong and pushing Fidelity’s position in the broader financial market with both cryptocurrency and traditional sections.Speaking to CoinDesk, Fidelity’s President Tom Jessop has said that the company’s main targets are over-the-counter (OTC) platforms as...

Michael Novogratz will be launching two different bitcoin funds.Novogratz wants to bring “the wealth of America” into the crypto market.The new funds would offer cheaper services than what competitors are offering.Galaxy Digital Holding CEO Michael Novogratz is launching two bitcoin funds that target accredited and institutional investors who have been waiting on the sidelines for a cheap and secure service way to access the pioneer cryptocurrency.Bitcoin is hovering around $8,000. | Source:...

Galaxy Digital Holding Ltd. started two new Bitcoin funds special because, well, they’re meant to be for a specific demographic profile of investors.Mike Novogratz (54) decided to use the fact that there is plenty of wealthy Americans aged 50-80 and, until now, they were pretty much into more traditional types of investing such as stocks or pension funds. Cryptocurrencies surely weren’t one of the ways they thought they could increase their wealth. However, Novogratz thinks there might be a...