Galaxy Digital Acquired 2 Crypto Firms for Bigger Wave for Bitcoin

[sampoerna]

I already read good news posted on news.bitcoin
It is about Galaxy Digital, the company of Bitcoin Bull Michael Novogratz, which has acquired two crypto firms in order to prepare a bigger wave of institutional demand for bitcoin.
As we know that Galaxy Digital is a big company providing services for asset management, trading, and investment banking.
The two firms that they have acquired are Drawbridge Lending and Blue Fire Capital.
They see big prospects of the things concerning Bitcoin right now and even it is like what an institution demand.
And about this, we may be aware that there is much more good news related to the crypto world that may be able to boost the bullish time.

What do you think of this?

https://news.bitcoin.com/galaxy-digital-acquires-crypto-firms-institutional-demand-bitcoin/

[UNIVERSE]

Does it mean that it is also another good news about Bitcoin? Well, if there are more acquisition of the crypto firms by that big company, it means that they really prepare to form something bigger. Will it mean about the bigger investors will come and will influence in the price and future of BTC again?

[masterrex]

Well, thats an added flavor of positivity for the crypto industry, I think Mr. Michael Novogratz is an asset of the crypto industry because of his dedication and passion for the crypto industry and particularly Bitcoin, so let's hope that these positive developments in the crypto marketplace will continue until next year so that our beloved industry will continue to expand beyond borders globally.

[Hope4life]

This will be great news for the cryptocurrency industry, as more companies are interested in investing it will increase bitcoin growth.

[Riya143]

The crypto industry is expected to expand across more borders in the world. We all hope that cryptocurrencies around the world will move towards an unsolicited and beautiful future. But it just happens to be an unwanted event. A lot of time is needed to make this possible in the future. Many believe that the Bitcoin coin will bring crypto artists more prosperous new inventions. I agree with the idea. Bitcoin will help an imperfect country move forward.

[hair]

This has a very positive impact on the development of crypto, with the support of large companies will increase the trust of cryptos like bitcoin in the wider community about its functions and benefits

[Lenipiw]

If the news is true then I think it has a positive effect on the crypto community. However, since Bitcoin is the currency of the near future, I hope that more popularity and more trade of the currency will be possible around the world. Many investors have different plans to hold on to the currency. I also have beautiful plans.

[sampoerna]

If the news is true then I think it has a positive effect on the crypto community.

It is true and confirmed, mate. Their companies are already announced it in that press release.

However, what we can wait for is how big this issue can influence the world of crypto. I don't think that it will give influence as high as what PayPal did. But of course, at least, it will make additional good news for crypto

[TomPluz]

There is no question that there is an increasing interest with Bitcoin coming from many institutions and fund managers right now. Of course, this can mean that in effect Bitcoin may continue to rise while we are closing this year and hopefully in 2021 this robust perspective can be reaching new heights. Generally, this is good news to the whole cryptocurrency industry.

[Tnoy30]

Bitcoin is being used for financial services around the world. Various businesses and users are benefiting from using financial services. Day by day such good news is being published on various websites. Investors are getting more and more attracted by this news. Constantly different organizations are adopting different ways to gain their spread here. I think it's a lot better for the cryptocurrency community.

[Andruha1993]

I think about it in such a way that it is very good news for all cryptography and will have a positive effect on it. This kind of news gives great results.