{"id":136993,"date":"2024-09-09T12:00:27","date_gmt":"2024-09-09T09:00:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136993"},"modified":"2024-09-09T00:20:34","modified_gmt":"2024-09-08T21:20:34","slug":"galaxy-digital-transfers-90-million-in-bitcoin-to-coinbase-prime","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/galaxy-digital-transfers-90-million-in-bitcoin-to-coinbase-prime\/","title":{"rendered":"Galaxy Digital Transfers $90 Million in Bitcoin to Coinbase Prime"},"content":{"rendered":"<p>Galaxy Digital, led by well-known <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>advocate and former Goldman Sachs partner Mike Novogratz, completed four large transfers totaling 1,652 BTC, valued at approximately $89.9 million.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-and-altcoins-struggle-what-to-expect-in-september\/\" title=\"Bitcoin and Altcoins Struggle &#8211; What to Expect in September?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/red-markets-e1690732869472-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin and Altcoins Struggle &#8211; What to Expect in September?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The transfer stirred significant excitement within the cryptocurrency community, with many crypto enthusiasts voicing their concerns about the sale in response to the announcement on social media.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Galaxy Digital deposited 1,458 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$BTC<\/a>($78.5M) to <a href=\"https:\/\/twitter.com\/hashtag\/CoinbasePrime?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#CoinbasePrime<\/a> 8 hours ago. <a href=\"https:\/\/t.co\/y0G1jcXJtv\" target=\"_blank\">pic.twitter.com\/y0G1jcXJtv<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1832245197583086005?ref_src=twsrc%5Etfw\" target=\"_blank\">September 7, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bitcoin started September on a bearish note, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-crashes-below-53000-stock-market-faces-worst-week-in-18-months\/\">crashing<\/a> <\/strong>below $53,000 with most altcoins following suit.<\/p>\n<p>Despite this recent correction, many analysts are still bullish on the renewal of the bull run, anticipating a rebound after the Fed lowers interest rates. Another major factor that could play in igniting the said surge will be the outcome of the U.S. elections.<\/p>\n<p>Mike Novogratz is one of the people that are bullish for Bitcoin in the long-term, and his company&#8217;s crypto strategy is evidence of that.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lookonchain, a smart whale tracking service, recently revealed that Galaxy Digital moved a substantial amount of Bitcoin to Coinbase Prime.<\/p>\n","protected":false},"author":3,"featured_media":21742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-136993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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