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Cryptocoins News / CoinJournal - 2 years ago

As the Market Takes a Breather, New GameFi Contender Galaxy Fox Pumps in Presale Mode

After posting some scorching returns over the past month, with coins like Chainlink, Avalanche and Solana posting huge gains, the market looks like it’s starting to cool down a bit and catch its breath. RSI is showing way overbought, and prices...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin ETFs will drive institutional adoption in 2024 — Galaxy Digital’s Mike Novogratz

Galaxy Digital founder and CEO Mike Novogratz says approving a Bitcoin spot ETF is not “a matter of if but when,” which will drive institutional investment in the sector....

Bitcoin News / Bitcoinist - 2 years ago

Galaxy Digital Faces Increased Q3 Losses, Holds Strong For Spot Bitcoin ETF Approval

Galaxy Digital Holdings Ltd., led by Michael Novogratz, appears to have confronted a turbulent market, reporting a ‘widening’ of its quarterly losses amid a period marked by declining crypto prices and low volatility in the digital asset...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house’s site but doesn’t indicate an impending approval. The ticker for Invesco and Galaxy's spot Bi...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Invesco Galaxy spot Bitcoin ETF joins BlackRock on DTCC site

The Invesco Galaxy Bitcoin ETF now appears on the clearing house’s site but doesn’t indicate an impending approval. The ticker for Invesco and Galaxy’s spot Bitcoin (B...

Bitcoin News / Bitcoin.com - 2 years ago

Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year

A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regu...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Galaxy predicts 74% Bitcoin price increase first year after ETF launch

Currently, a 74% increase takes Bitcoin to over $59,000, and that doesn’t factor in “second-order effects,” says Galaxy Digital. Bitcoin’s (BTC) price will increase 74...