Market Analysis
Galaxy Digital Slides 16% on Weak Earnings, FTT Exposure
Galaxy Digital's stock fell sharply on news of FTT exposure and weak earnings in Q3,
BTC$63,582.00+0.72%
ETH$1,788.85+0.38%
USDT$0.999-0.02%
USDC$0.9997-0.02%
XRP$1.15-0.57%
SOL$81.67-0.12%
TRX$0.3287+0.91%
FIGR_HELOC$1.01+0.00%
HYPE$71.40+2.15%
DOGE$0.0782+0.49%
USDS$0.9998+0.00%
RAIN$0.0151-1.64%
LEO$9.26+1.15%
ZEC$462.91-0.82%
ADA$0.1907-0.59%
BTC$63,582.00+0.72%
ETH$1,788.85+0.38%
USDT$0.999-0.02%
USDC$0.9997-0.02%
XRP$1.15-0.57%
SOL$81.67-0.12%
TRX$0.3287+0.91%
FIGR_HELOC$1.01+0.00%
HYPE$71.40+2.15%
DOGE$0.0782+0.49%
USDS$0.9998+0.00%
RAIN$0.0151-1.64%
LEO$9.26+1.15%
ZEC$462.91-0.82%
ADA$0.1907-0.59%
Galaxy Digital's net loss narrowed by more than $500 million to $46 million in Q2 2023 as crypto prices rebounded in 2023.
Galaxy Digital's stock fell sharply on news of FTT exposure and weak earnings in Q3,
While the original bill suggests a lack of understanding digital assets, proposed amendments could save the day.