Gala

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Bitcoin News / Bitcoin.com - 2 years ago

Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year

A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regu...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Galaxy predicts 74% Bitcoin price increase first year after ETF launch

Currently, a 74% increase takes Bitcoin to over $59,000, and that doesn’t factor in “second-order effects,” says Galaxy Digital. Bitcoin’s (BTC) price will increase 74...

Bitcoin News / Bitcoin.com - 2 years ago

Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023

Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Nov...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Invesco Galaxy applies for spot Ether ETF

Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29. Asset managers keep pursuing digital asset products,...

Cryptocoins News / CoinJournal - 2 years ago

3 reasons the Gala crypto price has plunged to record low

Gala crypto price is nearing its lowest level on record. It has plunged by more than 78% from the highest level. There are concerns about the platform and the ongoing lawsuit. Gala token price continued its sell-off as demand for the coin cra...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

What is Gala Games and how to buy GALA coin?

Gala Games is a blockchain-based gaming platform enabling players to create, own, and trade in-game assets using cryptocurrencies. Echoing the momentum of GameFi (gami...

Cryptocoins News / Blockchain  - 2 years ago

Galaxy Asset Mgmt Secures FTX Crypto Sale Bid; Weekly Cap Set at $50M

Jeff Dorman, CFA and CIO of Arca, discusses the court-approved sale of FTX's crypto assets by Galaxy Asset Management. The sale is expected to be gradual and opportunistic, with a maximum sale of $50 million per week. Galaxy's goal is to outperform a...

Cryptocoins News / Blockchain  - 2 years ago

Gala Games Assures 'Business as Usual' Despite Founders' Legal Battle

Gala Games co-founder Eric Schiermeyer has filed a derivative shareholder lawsuit against co-founder Wright Thurston and True North United Investments, LLC. The company assures transparency and accountability, stating the disputes are primarily betwe...

Cryptocoins News / Blockchain  - 2 years ago

Gala Games Updates: GalaChain, Dev Tools and Social Media Rep

Gala Games, a blockchain-based gaming company, has launched its L1 blockchain for multiple games and is in the QA phase of migrating its social media platform, Rep, to its own blockchain, GalaChain. The company plans to streamline onboarding and deve...

Cryptocoins News / CoinJournal - 2 years ago

Clash between Gala Games founders sends GALA token crashing

The founders of the blockchain gaming platform Gala Games have locked horns in court. One founder alleges theft of $130 million worth of Gala tokens while the other alleges corporate waste. The GALA token has dipped more than 5% over the last 24 hou...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Gala Games founders biff over $130M theft, corporate waste allegations

Gala co-founder Eric Schiermeyer allegedly enriched himself, says his founding peer Wright Thurston, while Schiermeyer says Thurston stole millions. The co-founders of...