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$64,319.00+0.31%
ETH$1,873.04+0.77%
USDT$0.9991-0.01%
USDC$0.9999-0.01%
XRP$1.10+0.69%
SOL$74.36+0.65%
TRX$0.3312+0.27%
FIGR_HELOC$1.03+2.49%
HYPE$58.10+1.44%
DOGE$0.072+3.97%
USDS$0.99990.00%
RAIN$0.0138-2.16%
LEO$9.70+0.72%
ZEC$483.27-1.09%
XMR$363.76+0.08%
BTC$64,319.00+0.31%
ETH$1,873.04+0.77%
USDT$0.9991-0.01%
USDC$0.9999-0.01%
XRP$1.10+0.69%
SOL$74.36+0.65%
TRX$0.3312+0.27%
FIGR_HELOC$1.03+2.49%
HYPE$58.10+1.44%
DOGE$0.072+3.97%
USDS$0.99990.00%
RAIN$0.0138-2.16%
LEO$9.70+0.72%
ZEC$483.27-1.09%
XMR$363.76+0.08%
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.