GalaxyDigital
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⥠OP3N, a #Web3 #ai -powered platform, has raised $28M in the Series A investment round led by Animoca Brands
#AnimocaBrands has led the round with participation from Dragonfly Capital, SuperScrypt, Republic #crypto , #GalaxyDigital , The Spartan Group, and others.
#AnimocaBrands has led the round with participation from Dragonfly Capital, SuperScrypt, Republic #crypto , #GalaxyDigital , The Spartan Group, and others.
#GalaxyDigital has recently made a significant move in the cryptocurrency market by withdrawing 26,000 #ETH , valued at $76.2 million, from both #CoinbasePrime and #Binance .
This action, observed within the past 12 hours, indicates a strategic maneuver by GalaxyDigital, a prominent player in the crypto investment sphere.
Address: 0x15abb66ba754f05cbc0165a64a11cded1543de48
$ETH
This action, observed within the past 12 hours, indicates a strategic maneuver by GalaxyDigital, a prominent player in the crypto investment sphere.
Address: 0x15abb66ba754f05cbc0165a64a11cded1543de48
$ETH
âĄïž Superstate has raised $14M in funding led by CoinFund & Distributed Global
Superstate, a blockchain-based asset-management firm, raised $14M in a round led by CoinFund and Distributed Global, with participation from Arrington Capital, CMT Digital, Folius Ventures, Galaxy Digital, HackVC, Modular Capital, Nascent, and others. The funds will help to launch private funds for institutional investors, and create a framework for compliant, tokenized, publicly registered investment funds.
#Superstate #CoinFund #GalaxyDigital #tokenization #RWA
Superstate, a blockchain-based asset-management firm, raised $14M in a round led by CoinFund and Distributed Global, with participation from Arrington Capital, CMT Digital, Folius Ventures, Galaxy Digital, HackVC, Modular Capital, Nascent, and others. The funds will help to launch private funds for institutional investors, and create a framework for compliant, tokenized, publicly registered investment funds.
#Superstate #CoinFund #GalaxyDigital #tokenization #RWA
đž According to LookOnChain, Galaxy Digital, a cryptocurrency-focused financial services company, borrowed 10 million DAI and exchanged it for 10 million USDC approximately 6 hours ago. Additionally, the company deposited $178.7 million worth of WBTC and ETH in DeFi while borrowing $104 million worth of stablecoins. #GalaxyDigital #CryptoFinance đđ
Galaxy Digital Makes a Bold Move in the Crypto Market!
Mike Novogratz's Galaxy Digital has just made a significant investment in Bitcoin, purchasing 400 BTC worth $23.4 million Âč. This move comes despite Bitcoin's recent dip below $59K, showcasing Galaxy Digital's confidence in the cryptocurrency's potential.
A Strategic Acquisition:
Galaxy Digital's wallet now holds an impressive 3,150 BTC, valued at $184.56 million Âč. This acquisition not only demonstrates the company's commitment to cryptocurrency but also sends a positive signal to investors.
Market Impact:
This bold move by Galaxy Digital is expected to intensify investor optimism, potentially leading to increased adoption and investment in Bitcoin Âč. The cryptocurrency market is closely watching Galaxy Digital's strategies, and this acquisition reinforces their position as a key player.
A Vote of Confidence:
Mike Novogratz, CEO of Galaxy Digital, has long been a vocal advocate for cryptocurrency ÂČ. This acquisition solidifies his confidence in Bitcoin's potential, encouraging others to explore the opportunities in the crypto market.
Stay Ahead in the Crypto Game!
As the crypto landscape evolves, Galaxy Digital's strategic moves provide valuable insights for investors and enthusiasts alike. Keep a close eye on their developments to stay ahead in the game!
#MikeNovogratz #GalaxyDigital #Bitcoininvestment #GalaxyDigitalHoldings #bitcoinbullrun2024
A Strategic Acquisition:
Galaxy Digital's wallet now holds an impressive 3,150 BTC, valued at $184.56 million Âč. This acquisition not only demonstrates the company's commitment to cryptocurrency but also sends a positive signal to investors.
Market Impact:
This bold move by Galaxy Digital is expected to intensify investor optimism, potentially leading to increased adoption and investment in Bitcoin Âč. The cryptocurrency market is closely watching Galaxy Digital's strategies, and this acquisition reinforces their position as a key player.
A Vote of Confidence:
Mike Novogratz, CEO of Galaxy Digital, has long been a vocal advocate for cryptocurrency ÂČ. This acquisition solidifies his confidence in Bitcoin's potential, encouraging others to explore the opportunities in the crypto market.
Stay Ahead in the Crypto Game!
As the crypto landscape evolves, Galaxy Digital's strategic moves provide valuable insights for investors and enthusiasts alike. Keep a close eye on their developments to stay ahead in the game!
#MikeNovogratz #GalaxyDigital #Bitcoininvestment #GalaxyDigitalHoldings #bitcoinbullrun2024
Galaxy Digital acquires $1 Billion in Ethereum Tokens from CryptoManufaktur
#GalaxyDigital has acquired nearly $1 billion worth of #Ethereum tokens from #CryptoManufaktur (CMF), increasing its stake in the cryptocurrency market by about 43%. The move comes ahead of the anticipated launch of spot Ethereum ETFs in the U.S. next week, which could impact Ethereum's market dynamics.
#GalaxyDigital has acquired nearly $1 billion worth of #Ethereum tokens from #CryptoManufaktur (CMF), increasing its stake in the cryptocurrency market by about 43%. The move comes ahead of the anticipated launch of spot Ethereum ETFs in the U.S. next week, which could impact Ethereum's market dynamics.
đ State Street and Galaxy Digital are shaking up the crypto world with three new digital asset ETFs!
These ETFs are designed to offer easier access to digital assets, giving you more ways to explore the future of finance.
Are you ready to dive into the next era of investments? Donât miss out on this big opportunity! #Crypto #ETFs #DigitalAssets #GalaxyDigital #StateStreet
$ETH
These ETFs are designed to offer easier access to digital assets, giving you more ways to explore the future of finance.
Are you ready to dive into the next era of investments? Donât miss out on this big opportunity! #Crypto #ETFs #DigitalAssets #GalaxyDigital #StateStreet
$ETH
đ $900 BILLION DWS LAUNCHES PHYSICAL BITCOIN ETC IN GERMANY đ
Germany joins the US and Great Britain in launching a new physically backed Bitcoin product this year, as DWS, a leading asset manager with over $900 billion in assets under management, introduces Xtrackers Exchange-Traded Commodities (ETC) in collaboration with Galaxy Digital Holdings Ltd.
"Digital assets have evolved from a niche technology innovation to a globally recognized asset class," said Manfred Bauer, Global Head of DWSâ Product Division. With Bitcoin and Ethereum's combined market capitalization exceeding $1.7 trillion, they are now too significant for investors to ignore.
The Xtrackers Galaxy Physical Bitcoin ETC is now listed on Deutsche Börse, offering investors direct participation in the Bitcoin market with the security and transparency of exchange-traded products. Backed by BTC, investors gain direct exposure to Bitcoin's price movements.
DWS strategically partnered with Galaxy to promote Bitcoin adoption in Europe, leveraging Galaxy's expertise in digital asset products and services. "We are delighted to offer investors institutional-grade access to digital assets," said Steve Kurz, Global Head of Asset Management at Galaxy.
State Street serves as the Issuing and Paying Agent and Administration Agent for these ETCs, with MSCI providing reference prices for Bitcoin. The ETCs are 1:1 physically backed and utilize cryptocurrency custodians Zodia Custody and Coinbase for secure storage in offline custody accounts. The ETCs boast an annual product fee of 0.35%.
Stay updated with Professor Mende! đŒđ
#Bitcoin #CryptoETF #Germany #DWS Â #GalaxyDigital
Germany joins the US and Great Britain in launching a new physically backed Bitcoin product this year, as DWS, a leading asset manager with over $900 billion in assets under management, introduces Xtrackers Exchange-Traded Commodities (ETC) in collaboration with Galaxy Digital Holdings Ltd.
"Digital assets have evolved from a niche technology innovation to a globally recognized asset class," said Manfred Bauer, Global Head of DWSâ Product Division. With Bitcoin and Ethereum's combined market capitalization exceeding $1.7 trillion, they are now too significant for investors to ignore.
The Xtrackers Galaxy Physical Bitcoin ETC is now listed on Deutsche Börse, offering investors direct participation in the Bitcoin market with the security and transparency of exchange-traded products. Backed by BTC, investors gain direct exposure to Bitcoin's price movements.
DWS strategically partnered with Galaxy to promote Bitcoin adoption in Europe, leveraging Galaxy's expertise in digital asset products and services. "We are delighted to offer investors institutional-grade access to digital assets," said Steve Kurz, Global Head of Asset Management at Galaxy.
State Street serves as the Issuing and Paying Agent and Administration Agent for these ETCs, with MSCI providing reference prices for Bitcoin. The ETCs are 1:1 physically backed and utilize cryptocurrency custodians Zodia Custody and Coinbase for secure storage in offline custody accounts. The ETCs boast an annual product fee of 0.35%.
Stay updated with Professor Mende! đŒđ
#Bitcoin #CryptoETF #Germany #DWS Â #GalaxyDigital
đđ GalaxyDigital's Bold Move: Deposits 13,200 #ETH ($28.7M) to #Binance ! đđŒ
In a strategic move, #GalaxyDigital , a major player in the crypto sphere, has deposited a whopping 13,200 $ETH to Binance in the last two hours. Here's a quick recap of this bold maneuver:đ
đŒ GalaxyDigital's #Ethereum Deposit:
Amount: 13,200 ETH
Value: $28.7 Million
Destination: Binance
đ Address: đ
0x15abb66ba754f05cbc0165a64a11cded1543de48
đ Strategic Insights:
Such sizable deposits often signal confidence or strategic moves within the crypto landscape. GalaxyDigital's activity could be indicative of upcoming developments, investment strategies, or portfolio adjustments.
đš Disclaimer:
Crypto markets are dynamic, and transactions by major entities may influence market sentiment. This information is provided for informational purposes only and is not financial advice. It's crucial to conduct thorough research before making any investment decisions.
đ Stay tuned for more crypto insights and market moves! đđ
đ A small LIKE and FOLLOW, Motivates me a lot đ
In a strategic move, #GalaxyDigital , a major player in the crypto sphere, has deposited a whopping 13,200 $ETH to Binance in the last two hours. Here's a quick recap of this bold maneuver:đ
đŒ GalaxyDigital's #Ethereum Deposit:
Amount: 13,200 ETH
Value: $28.7 Million
Destination: Binance
đ Address: đ
0x15abb66ba754f05cbc0165a64a11cded1543de48
đ Strategic Insights:
Such sizable deposits often signal confidence or strategic moves within the crypto landscape. GalaxyDigital's activity could be indicative of upcoming developments, investment strategies, or portfolio adjustments.
đš Disclaimer:
Crypto markets are dynamic, and transactions by major entities may influence market sentiment. This information is provided for informational purposes only and is not financial advice. It's crucial to conduct thorough research before making any investment decisions.
đ Stay tuned for more crypto insights and market moves! đđ
đ A small LIKE and FOLLOW, Motivates me a lot đ
âĄïž Top Recent Crypto Fundraising Events
Blast - $20M
Privy - $18M
Matr1x - $10M
De.Fi - $5M
IntentX - $2.5M
Uniblock - $2.3M
Artifact - $2M
Zeal - TBA
Investors: Paradigm, Sequoia Capital, Archetype, Standard Crypto, Variant Fund, Framework Ventures, Galaxy Digital, IOSG Ventures, Magnus Capital, Folius Ventures, HTX Ventures, OKX Ventures, and others.
#fundraising #Paradigm #Sequoia #GalaxyDigital #Funds
Blast - $20M
Privy - $18M
Matr1x - $10M
De.Fi - $5M
IntentX - $2.5M
Uniblock - $2.3M
Artifact - $2M
Zeal - TBA
Investors: Paradigm, Sequoia Capital, Archetype, Standard Crypto, Variant Fund, Framework Ventures, Galaxy Digital, IOSG Ventures, Magnus Capital, Folius Ventures, HTX Ventures, OKX Ventures, and others.
#fundraising #Paradigm #Sequoia #GalaxyDigital #Funds
Galaxy Digital CEO Mike Novogratz Admits Being 'Dead Wrong' About XRP and Ripple.
#WebGTR #GalaxyDigital #MikeNovogratz #BinanceTournament #FET
#WebGTR #GalaxyDigital #MikeNovogratz #BinanceTournament #FET
On-chain data shows that #GalaxyDigital withdrew 26K $ETH ($76.2M) from #CoinbasePrime and #Binance in the past 12 hours.
#Write2Earn #strk
#Write2Earn #strk
Galaxy Digital; Led by Mike Novogratz â Betting Big on Bitcoin and Ethereum: Lookonchain
Post By: CryptosHeadlines.com
Mike Novogratzâs Galaxy Digital is taking a positive stance on Bitcoin and Ethereum by participating in decentralized lending platforms Aave and Compound, as reported by Lookonchain.The CEO, Mike Novogratz, has been vocal about his optimism for the crypto market and his belief that the U.S. SEC will greenlight a spot Bitcoin ETF in the near future. According to on-chain data, Galaxy Digitalâs investments reflect their confidence in Bitcoin and Ethereum.
Galaxy Digital Holds Bullish Positions in Bitcoin, Ethereum, Aave, and Compound
Mike Novogratzâs crypto investment firm, Galaxy Digital, has taken long positions in Bitcoin (BTC) and Ethereum (ETH) on decentralized lending platforms Aave and Compound, according to Lookonchainâs report on October 28.
Data from Debank suggests that Galaxy Digital deposited 4,168 Wrapped Bitcoin (WBTC) worth $142 million and 16,000 ETH valued at $28.6 million into Aave and Compound. They borrowed 71.6 million USDT and 21.9 million USDC from these platforms.
This move by Galaxy Digital, diversifying its positions in Bitcoin and Ethereum while utilizing Aave and Compound, is seen as a bullish development for the decentralized finance (DeFi) sector.
As a result, AAVE and COMP tokens have experienced a 5% and 3% increase in the past 24 hours, respectively. These gains have been part of a broader rally in Aave and Compound prices, with increases of over 20% and 12%, respectively, likely driven by the recent surge in the crypto market following the news about a Bitcoin ETF.
Mike Novogratz is optimistic that the constructive discussions between Bitcoin ETF issuers and the U.S. SEC signal the approval of a spot Bitcoin ETF in 2023. He believes itâs just a matter of when, not if.
Potential Rally Ahead for Bitcoin and Ethereum Prices
Galaxy Digital predicts that a spot Bitcoin ETF could bring in $14.4 billion in the first year after itâs issued.They also believe that the price of Bitcoin (BTC) could surge by about 74.1% during the first year following the launch of a spot Bitcoin ETF in the United States.
Currently, BTC is trading at $34,239, which is a 0.70% increase in the last 24 hours and a 15% rise in the past week. Another research report from Matrixport suggests that Bitcoin might reach $45,000 in 2023 and $125,000 by December 2024.
Ethereum (ETH) has seen a 0.70% increase in the past 24 hours, with its price now at $1,788.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #GalaxyDigital #Ethereum #Lookonchain
Mike Novogratzâs Galaxy Digital is taking a positive stance on Bitcoin and Ethereum by participating in decentralized lending platforms Aave and Compound, as reported by Lookonchain.The CEO, Mike Novogratz, has been vocal about his optimism for the crypto market and his belief that the U.S. SEC will greenlight a spot Bitcoin ETF in the near future. According to on-chain data, Galaxy Digitalâs investments reflect their confidence in Bitcoin and Ethereum.
Galaxy Digital Holds Bullish Positions in Bitcoin, Ethereum, Aave, and Compound
Mike Novogratzâs crypto investment firm, Galaxy Digital, has taken long positions in Bitcoin (BTC) and Ethereum (ETH) on decentralized lending platforms Aave and Compound, according to Lookonchainâs report on October 28.
Data from Debank suggests that Galaxy Digital deposited 4,168 Wrapped Bitcoin (WBTC) worth $142 million and 16,000 ETH valued at $28.6 million into Aave and Compound. They borrowed 71.6 million USDT and 21.9 million USDC from these platforms.
This move by Galaxy Digital, diversifying its positions in Bitcoin and Ethereum while utilizing Aave and Compound, is seen as a bullish development for the decentralized finance (DeFi) sector.
As a result, AAVE and COMP tokens have experienced a 5% and 3% increase in the past 24 hours, respectively. These gains have been part of a broader rally in Aave and Compound prices, with increases of over 20% and 12%, respectively, likely driven by the recent surge in the crypto market following the news about a Bitcoin ETF.
Mike Novogratz is optimistic that the constructive discussions between Bitcoin ETF issuers and the U.S. SEC signal the approval of a spot Bitcoin ETF in 2023. He believes itâs just a matter of when, not if.
Potential Rally Ahead for Bitcoin and Ethereum Prices
Galaxy Digital predicts that a spot Bitcoin ETF could bring in $14.4 billion in the first year after itâs issued.They also believe that the price of Bitcoin (BTC) could surge by about 74.1% during the first year following the launch of a spot Bitcoin ETF in the United States.
Currently, BTC is trading at $34,239, which is a 0.70% increase in the last 24 hours and a 15% rise in the past week. Another research report from Matrixport suggests that Bitcoin might reach $45,000 in 2023 and $125,000 by December 2024.
Ethereum (ETH) has seen a 0.70% increase in the past 24 hours, with its price now at $1,788.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #GalaxyDigital #Ethereum #Lookonchain
Galaxy Digital Also Invested in Bitcoin's UptrendConsidering Bitcoin's ongoing price rise, some investors and institutions are optimistic that the rise will continue. Galaxy Digital is among these institutions. With its latest actions, Galaxy Digital opened a long position in Bitcoin and deposited a total of 4,162 into (AAVE) and Compound.
Considering Bitcoin's ongoing price rise, some investors and institutions are optimistic that the rise will continue. Galaxy Digital is among these institutions. With its latest actions, Galaxy Digital opened a long position in and deposited a total of 4,162 BTC into Aave (AAVE) and Compound.
This shows that is investing on the increasing price of Bitcoin. Bitcoin has maintained a positive funding rate over the past few days, with the funding rate falling after hitting an almost five-month high. However, it has continued to remain above this level in recent months.
The last few days have witnessed more liquidations despite investors taking long positions in Bitcoin. Specifically, on October 26, long position liquidations exceeded $20 million and short position liquidations exceeded $9 million.
Bitcoin's price saw an increase of less than 1% on October 28, and this came after two days of downtrend. However, Bitcoin continued its downtrend, falling less than 1%. Bitcoin has managed to keep its price above $34,000 and given the current uptrend, a price correction is likely.
Considering Bitcoin's ongoing price rise, some investors and institutions are optimistic that the rise will continue. Galaxy Digital is among these institutions. With its latest actions, Galaxy Digital opened a long position in and deposited a total of 4,162 BTC into Aave (AAVE) and Compound.
This shows that is investing on the increasing price of Bitcoin. Bitcoin has maintained a positive funding rate over the past few days, with the funding rate falling after hitting an almost five-month high. However, it has continued to remain above this level in recent months.
The last few days have witnessed more liquidations despite investors taking long positions in Bitcoin. Specifically, on October 26, long position liquidations exceeded $20 million and short position liquidations exceeded $9 million.
Bitcoin's price saw an increase of less than 1% on October 28, and this came after two days of downtrend. However, Bitcoin continued its downtrend, falling less than 1%. Bitcoin has managed to keep its price above $34,000 and given the current uptrend, a price correction is likely.
Galaxy Digital Makes a $BANANA Move! đ
It looks like Galaxy Digital is getting involved in the #BANANA game! đ They've just deposited a hefty 25,000 BANANA tokens, worth around $1.21 million, to #Binance . đłđŠ Interestingly, this wallet also received a larger chunk of BANANA from the Banana Gun Treasury just a few hours prior. đ€
This could be a sign of a potential OTC deal, as Galaxy Digital isn't known for market-making activities. đ€·
It'll be interesting to see what Galaxy Digital plans to do with these BANANA tokens. đ»đȘDYOR! #GalaxyDigital #Altcoins
Credit: SpotOnChain đ
It looks like Galaxy Digital is getting involved in the #BANANA game! đ They've just deposited a hefty 25,000 BANANA tokens, worth around $1.21 million, to #Binance . đłđŠ Interestingly, this wallet also received a larger chunk of BANANA from the Banana Gun Treasury just a few hours prior. đ€
This could be a sign of a potential OTC deal, as Galaxy Digital isn't known for market-making activities. đ€·
It'll be interesting to see what Galaxy Digital plans to do with these BANANA tokens. đ»đȘDYOR! #GalaxyDigital #Altcoins
Credit: SpotOnChain đ
