The company is selling $1.15 billion in exchangeable notes in a private offering.
Galaxy Digital Slips 7% on $1.15B Exchangeable Debt Raise
The company is selling $1.15 billion in exchangeable notes in a private offering.
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The broker sees digital asset treasuries stabilizing as U.S.-China trade progress lifts sentiment.
Simplicity Group's study analyzed over 50,000 data points related to 40 crypto token launches in the first four months of the year.
Ether traders took the biggest hit, with $348.9 million liquidated, followed by Bitcoin at $177.1 million. Solana, XRP, and Dogecoin saw $64.2 million, $58.8 million, and $35.8 million in liquidations,
"My base case is that we can stay here for some period of time," Cleveland Fed President Beth Hammack told the WSJ.