Novogratz’s the former hedge fund manager debuts the drop of crypto stocks

Novogratz’s the former hedge fund manager debuts the drop of crypto stocks
фото показано с : bitcoints.com

2018-8-1 20:17

Cryptocurrency-focused merchant bank Galaxy Digital started trading on a Canadian stock exchange on Wednesday despite cooling investor interest and falling prices this year.
The stock opened at 2.75 Canadian dollars on the Toronto’s TSX Venture Exchange under the ticker GLXY.
Shares had fallen 20 percent in the first half hour of trading, and were trading at CA $2.30 as of 11:25 a.m.
Former Goldman Sachs macro trader Michael Novogratz launched the company in November, a month before bitcoin hit its all-time high near $20,000.
The former Fortress hedge fund manager said he eventually plans for Galaxy to be “globally traded” in Hong Kong, Frankfurt and London.

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Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again

In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page […] The post Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again appeared first on Bitcoin News.

2018-6-12 16:24


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