Category: Galaxy Digital

That AlphaPoint $5.6M Funding Round? It’s a Loan

The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing, a short-term business loan, the company confirmed to CoinDesk. But AlphaPoint would not say who made the loan or its terms. Bridge financing is...

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Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate

Bitcoin’s recent price jump after the U.S. killing of a top Iranian general has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil.  The...

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Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering, which valued the company at $1.3 billion. The stock price has declined in all but four of the first 17 trading sessions...

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