Newsfeeds - Spark Newswire

2 minute read

Bitcoin Liquidity Unaffected By Silvergate Fiasco, But Market Depth Remains Low

Today, 1:45 PM

Despite the ongoing negative news around Silvergate Bank (NYSE: SI), its potential impact on Bitcoin (CRYPTO: BTC) liquidity has not been as significant as many in the market

BRPHF

1 minute read

Bankruptcy Judge Orders Silvergate Bank To Release $9.9M To Crypto Lender BlockFi

By Murtuza Merchant

Today, 1:45 PM

After filing for bankruptcy protection in November 2022, BlockFi has been granted the release of almost $9.9 million from Silvergate Capital Corp (NYSE: SI) by a U.S. bankruptcy judge.

BRPHF

3 minute read

Is Silvergate’s Fall Certain? Industry Experts React To Cryptocurrency Bank’s Problems

By Murtuza Merchant

Today, 1:45 PM

A day after cryptocurrency-focused bank Silvergate Capital Corp (NYSE: SI) admitted that it may struggle to remain solvent due to significant losses, industry experts opine the bank's fall is only a matter of time, even as they expressed concerns about the potential

BRPHF

1 minute read

Argo Blockchain Loses Its CEO And Interim Chair Peter Wall Shortly After CFO

By Anusuya Lahiri

Today, 1:45 PM

Argo Blockchain Plc’s (NASDAQ:ARBK) Peter Wall stepped down as CEO and Interim Chair to pursue other opportunities. Argo prepared to…

ARBK

1 minute read

BTIG Maintains Buy on Galaxy Digital Hldgs, Lowers Price Target to C$8

By Benzinga Newsdesk

Today, 1:45 PM

BTIG analyst Mark Palmer maintains Galaxy Digital Hldgs (TSX:GLXY) with a Buy and lowers the price target from C$10 to C$8.

BRPHF

2 minute read

Galaxy Digital Shines As Star While FTX Collapse Spoils Industry Appetite, Analyst Says

By Anusuya Lahiri

Today, 1:45 PM

Rosenblatt analyst Andrew Bond initiated Galaxy Digital Holdings Ltd (OTC: BRPHF) coverage with a Buy and a C$6.30 price target.

BRPHF

2 minute read

Why Bitcoin- And Ethereum-Related Stock Argo Blockchain Is Surging Today

By Adam Eckert

Today, 1:45 PM

Argo Blockchain Plc (NASDAQ: ARBK) shares are up nearly 40% Wednesday morning after the company entered into definitive agreements with Galaxy Digital H

ARBK

2 minute read

Novogratz-Led Galaxy Digital To Acquire Custody Platform GK8 From Bankrupt Celsius

By Murtuza Merchant

Today, 1:45 PM

Mike Novogratz led cryptocurrency-focused financial-services firm Galaxy Digital Holdings (OTC: BRPHF) on Friday announced it has won an auction to acquire digital asset custody platform GK8

BRPHF

1 minute read

Mike Novogratz Pulls $500K Bitcoin Prediction As Fed Rate Hikes Play Spoilsport: ‘Powell Found His Powers’

By Mehab Qureshi

Today, 1:45 PM

Galaxy Digital (NASDAQ: BRPHF) CEO Mike Novogratz has backtracked on his prediction for Bitcoin (CRYPTO: BTC) to rise to $500,000 in five years, citing the Federal Reserve's

$FTT

3 minute read

Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions

By Murtuza Merchant

Today, 1:45 PM

In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC: BRPHF) revealed it has a $76.8 million exposure to the beleag

$FTT