Galaxy Digital reveals plans of ‘aggressively’ expanding in Europe
Galaxy Digital names Leon Marshall its head of Europe operations. The crypto company had recently partnered with DWS in Europe. Galaxy Digital shares are down about 30% versus their YTD…
First Digital USD (FDUSD) reaps big as Binance cease BUSD support
Binance aims to stop support for BUSD by February 2024. The Binance USD stablecoin was being issued by Paxos before the New York Department of Financial Services ordered it to…
Digital asset investment products record largest outflows since March
Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since March 2023, according to a…
Should you own Bitcoin, given the growing adoption of digital currencies?
Cryptocurrencies keep growing in popularity Bitcoin’s price dynamics changed with institutional investors’ adoption Bitcoin is now correlated with assets in the traditional financial market Since digital currencies exist, the industry…
Bitcoin miner Marathon Digital reports a disappointing second quarter
Marathon Digital reports weaker-than-expected results for its fiscal Q2. CEO Fred Thiel was still positive in the press release on Tuesday. Marathon Digital stock is currently up more than 350%…
Galaxy Digital CEO: ‘I’m more comfortable being long Bitcoin today’
Michael Novogratz puts Bitcoin and Gold in the same bucket. Wolfe Research strategist reiterated his bullish view on BTC. Bitcoin is currently up 80% versus the start of the year…
UK’s FCA launches a permanent digital sandbox
Key takeaways FCA’s digital sandbox is set to launch on August 1st. The sandbox will serve as a testing environment for firms before rolling out their products. UK’s financial regulator…
Russia’s “digital rouble” almost a reality after approval by lower house parliament
The bill will now move to the upper chamber of the Russian Federal Assembly. If passed the bill will be signed by the president into law. The Bank of Russia…
Astar Foundation teams up with NTT Digital to build Web3 training programs
Astar Foundation and NTT Digital will collaborate to create Web3 talent training programs. The partners will also work on initiatives aimed at enhancing network infrastructure. Astar Foundation and NTT Digital…
Voyager Digital creditors’ lawyers to pocket $16.48M after the recent invoice
In the third and final bill lawyers representing Voyager Digital creditors have billed $5.1 million. When all the invoices are fully paid, Voyager Digital creditors will have paid a total…