$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One

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Galaxy Digital, the crypto bank founded by Michael Novogratz, has sold its position in Block.one, the maker of the EOS blockchain, for $71 million.

Bitcoin’s Latest Buying Streak Could Mean a Rise in Prices

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The latest data shows that Bitcoin is in its longest buying streak in six months. Experts say that the coin could continue to see rising prices following last year’s brutal 74 percent decline. New Year and Renewed Optimism Despite many predicting the demise of the world’s largest cryptocurrency, bitcoin has continued growing. Jameson Lopp, the…

The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 Results

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In this edition of The Daily, we look at the latest regulatory development in Europe – Belarus High Technologies Park has adopted new regulations for cryptocurrency companies. We also cover Galaxy Digital’s report into its third quarter financial results and an alert issued in Texas about a new scam promising refunds to Bitconnect investors.  …

Overstock and Galaxy Digital Shares Face Drawback from Crypto Bear Market

Overstock and Galaxy Digital Shares Face Drawback from Crypto Bear Market

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Since the start of 2018, the overall cryptocurrency market has struggled to maintain a recovery from its multi-month downtrend. In accordance with increased selloffs, companies heavily vested in the nascent digital asset class are starting to face drawbacks. Overstock Shares Plummet Despite tZERO Investment Online retail giant Overstock.com Inc. entered the cryptocurrency sector when it…

Mike Novogratz’s Crypto Bank Goes Live On Canadian Public Exchange

Mike Novogratz’s Crypto Bank Goes Live On Canadian Public Exchange

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An early Bitcoin bull and former Wall Street trader, Mike Novogratz is bringing cryptocurrency to institutional investors. Following a crypto bear market, Novogratz’s merchant bank Galaxy Digital LP listed on Canadian stock exchanges today, August 1, 2018. Galaxy Digital Makes Its Debut Following Q1 Loss Novogratz cryptocurrency-focused merchant bank Galaxy Digital LP will be available…