Prepare for Recession: Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review

This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the US, issuing sobering estimations.

Bitcoin (BTC) Bull Mike Novogratz Warns Crypto Traders, Says Altcoins at Risk of Another 70% Decline

Galaxy Digital CEO and Bitcoin (BTC) bull Mike Novogratz is issuing a warning to crypto traders, saying that altcoins could still see massive devaluations.  Novogratz tells his 463,600 Twitter followers that altcoins are at still risk of losing more than half of their value even if they are already down big from their all-time highs.  […] The post Bitcoin (BTC) Bull Mike Novogratz Warns Crypto Traders, Says Altcoins at Risk of Another 70% Decline appeared first on The Daily Hodl.

Billionaire Mike Novogratz Speaks Out on Terra (LUNA) Collapse, Says This Is What Caused $40,000,000,000 Wipeout

Galaxy Digital CEO Mike Novogratz is breaking his silence more than a week after Terra (LUNA) collapsed wiping out billions of dollars.

Billionaire Mike Novogratz Warns Bitcoin and Crypto Carnage Far From Over

Galaxy Digital CEO and billionaire Mike Novogratz says he doesn’t think the crypto markets will bounce back any time soon.

Galaxy Digital Loses $111.7m in Q1 as Crypto Markets Plunge

A diversified financial services firm dedicated to the digital asset, Galaxy Digital (GLXY) announced its financial results for the first quarter ended March 2022, with a significant financial loss.

Galaxy Digital reports $112M Q1 loss, citing crypto price volatility

Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy.

Fulbo Galaxy Announcing Exciting Demo and Big Crypto Rewards

[PRESS RELEASE – May 4, 2022] Fulbo Galaxy has officially released its highly anticipated alpha.

Galaxy Digital CEO Mike Novogratz Says Crypto Markets Have a ‘Backstop’ Amid Stagflation Concerns – Here’s Why

Investment management firm Galaxy Digital CEO Mike Novogratz says that while US markets will continue to dip lower amid economic concerns, the crypto industry has a bulwark that can eventually stop its bleeding.

The Biggest Crypto Deal That Wasn't: A Closer Look at Galaxy's BitGo Purchase

One year after Galaxy announced its purchase of BitGo, the deal still hasn't closed—and the "biggest ever" sticker price may not be what it seems.

CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs

CI Global Asset Management (“CI GAM”), a major Canadian asset management firm, has partnered with Galaxy Digital to launch ETFs focused on blockchain technology and Metaverse.

OkLetsPlay Announces Partner Advantage With RTE and Galaxy Racer Esports

April 29, 2022 – Los Angeles, California OkLetsPlay (OKLP) is proud to announce its partnership with Riva Technology and Entertainment (RTE) and Galaxy Racer – two powerhouse institutions with unparalleled gaming and tech innovations in the esports world and beyond.

Ethereum: This will give 'more time for the Merge to stay live longer'

Christine Kim, Researcher at Galaxy Digital, recently shared a thread on Twitter updating the community on the developments on the Ethereum blockchain.

Bitcoin (BTC) and Ethereum (ETH) Will Explode 100% by Mid-2023, Says Galaxy Digital Trading Co-Head Jason Urban

A top executive at Galaxy Digital says that leading crypto assets Bitcoin (BTC) and Ethereum (ETH) could double up by mid-next year.

Galaxy Digital’s Jason Urban What Will Drive Ethereum To Flip Bitcoin

The school of thought that Ethereum will one day flip Bitcoin is one that has been around for a while.

Bitcoin not 'rangy' anymore? Here's why these exes are singing different tune

Top Galaxy Digital officials recently spoke about the current market trends and adoption volume of Bitcoin in an Earnings Conference Call.

Billionaire Mike Novogratz Says Bitcoin May Significantly Outperform His Earlier Targets for 2022

Galaxy Digital CEO Mike Novogratz is adjusting his Bitcoin (BTC) outlook as new players continue to enter the world of blockchain technology.

Michael Novogratz Galaxy Digital to Acquire BitGo Later in 2022

Galaxy Digital's acquisition of BitGo did not get completed when planned and will happen until October 2022.

Galaxy Digital delays BitGo acquisition to later on in 2022

The acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm originally planned.Galaxy Digital has made some changes to the terms of its acquisition of BitGo, CEO Mike Novogratz announced in an earnings call on Thursday.“We’ve adjusted the deal some, for progress that BitGo has made,” Novogratz said, noting that BitGo has hired about 150 people since the firms originally signed the deal in May last year.He added that Galaxy remains committed to “integrating BitGo and becoming an institutional crypto platform” and the companies will continue to work on integration.According to an official statement, Galaxy Digital and BitGo have renegotiated the acquisition to happen “immediately following” the domestication of Galaxy Digital as a Delaware corporation.

World of Women Galaxy Ethereum NFT Drop Generates $79M in a Day

The rising World of Women NFT project gets a sci-fi twist with its new Galaxy collection—and it’s selling like hotcakes.

Goldman Sachs Trades First Over-the-Counter Crypto Transaction with Galaxy Digital

Goldman Sachs has become the major US bank to conduct the first over-the-counter crypto trade.

Goldman Sachs Makes Over-The-Counter Bitcoin Trade—First By Major Wall Street Bank

Galaxy Digital, a New York-based cryptocurrency investment firm that partners with Goldman on the bank's Bitcoin futures trading desk, facilitated the transaction.

Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option

On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital.

Price analysis 3/21: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

Bitcoin and most major altcoins are attempting to sustain above their immediate support levels, signaling a possible change in the short-term trend. Bitcoin (BTC) and most major altcoins are attempting to start the new week on a positive note by bouncing off their respective support levels.Goldman Sachs became one of the first major banks in the United States to complete an over-the-counter “cash-settled cryptocurrency options trade” with the trading unit of Michael Novogratz’s Galaxy Digital.

Goldman Sachs Becomes the First Major US Bank to Trade an OTC Crypto Transaction

The investment bank will soon announce its first OTC crypto trade, in partnership with Mike Novogratz’s Galaxy Digital.

Goldman Sachs completes first OTC crypto options trade with Galaxy

Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021. American investment bank Goldman Sachs continues to expand its cryptocurrency trading expertise by executing its first-ever over-the-counter (OTC) crypto options trade.Goldman Sachs executed its first OTC crypto transaction in collaboration with the trading unit of Michael Novogratz’s cryptocurrency investment management firm Galaxy Digital.According to a joint announcement on Monday, the OTC transaction was in the form of a Bitcoin (BTC) non-deliverable option, representing one of the first OTC crypto transactions by a major bank in the United States.“We are pleased to have executed our first cash-settled cryptocurrency options trade with Galaxy,” said Max Minton, Asia Pacific head of digital assets at Goldman Sachs.

Goldman Sachs Executed Cash-Settled Bitcoin Options Trade - Reports

  Investment banking giant Goldman Sachs is “close to announcing” that it is the first major bank in the US to trade an over-the-counter (OTC) crypto transaction, per multiple reports.  The bank traded a non-deliverable bitcoin (BTC) option – a derivative tied to the BTC price that pays out in cash – with crypto merchant bank Galaxy Digital, CNBC reported today citing a statement....Read More: Goldman Sachs Executed Cash-Settled Bitcoin Options Trade - Reports

Billionaire Mike Novogratz Rules Out Bitcoin Being Used As Currency, Reveals What Will Accelerate BTC Adoption

Galaxy Digital CEO Mike Novogratz is unveiling what he believes will spur the global adoption of Bitcoin (BTC).

Mike Novogratz Expects Bitcoin to Hit $500K — Says BTC Is a Great Alternative in Economies With Poor Stewardship

Galaxy Digital CEO Mike Novogratz says bitcoin is a great alternative and a lifeline to people in countries with poor stewardship of the economy.

Billionaire Mike Novogratz Predicts Bitcoin (BTC) Will Explode by Over 1,100% – Here’s When

Galaxy Digital CEO Mike Novogratz is predicting that Bitcoin (BTC) could rally by over ten times over the next half-decade.

Galaxy Interactive, Republic, Alameda Team Up for Web3 Gaming Investments

NG+ is a new investment consortium focused on crypto games, and is designed to tap each of the firm’s unique talents.