Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped 7% Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, called GalaxyOne. The platform, which launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds, in addition to trading of cryptocurrencies…
Romain Costaseca | Afp | Getty Images Bitcoin edged higher on Tuesday as stocks fell and gold shot to a new record. The price of so-called digital gold rose as much as 2% to reclaim the $111,000 level after dropping over the weekend to a low last seen in July. Spot gold hovered around $3,500…
Idrees Abbas | Sopa Images | Lightrocket | Getty Images Crypto stocks suffered Tuesday as investors fled tech stocks and riskier corners of the market. Among crypto exchanges, Coinbase and eToro fell more than 5% and 6%, respectively, while Robinhood and Bullish both dropped more than 6%. Crypto financial services firm Galaxy Digital tumbled 10%….
Shares of crypto exchange Bullish soared Wednesday after the cryptocurrency exchange raised about $1.1 billion in an initial public offering. The stock opened at $90 on the New York Stock Exchange, 143% above its IPO price of $37. At one point, it rose as high as $118 before closing at $68, a gain of more than…
Richard Kim, a former Goldman Sachs and JPMorgan Chase executive, was indicted on securities and wire fraud charges related to his alleged misappropriation of about $4 million in investor funds for his start-up online casino company, most of which he allegedly lost within a week through gambling on another site, prosecutors said Wednesday. Investors who…
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty Images Bitcoin is a stone’s throw from its all-time high after an overnight rally that also propelled ether to levels not seen since 2021. The price of bitcoin…
