Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement

According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional breach of its merger agreement” caused the lawsuit. Bitgo Seeks Damages From Galaxy Digital for Terminated Merger Agreement On August 16, 2022, Bitcoin.com News reported on billionaire investor Mike Novogratz’s Galaxy Digital terminating the company’s proposed acquisition deal for the crypto asset financial services provider Bitgo. Galaxy…

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Galaxy Digital and Alameda pundits tip market recovery

[ad_1] Senior traders from Galaxy Digital and Alameda Research are predicting the crypto market is set to recover once the recent wave of bad news stories subside. Markets have been in a downturn since mid-May, with Bitcoin (BTC) fluctuating between the low to mid $30K range. Speaking with streaming financial news provider Kitco News on June 24, Jason Urban, co-head of Trading at Galaxy Digital asserted that once the FUD dissipates by the Fall, Bitcoin should reach new highs and “see something north of $70,000 by the end of the…

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Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures – Finance Bitcoin News

[ad_1] Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is trading bitcoin futures products with Galaxy Digital according to statements made by Galaxy’s co-president Damien Vanderwilt during an interview with CNBC. Galaxy Digital is a financial services and investment management innovator founded by the…

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