The cryptocurrency merchant Galaxy Digital LP, which began trading on August 1, is off to a rocky start — falling 20 percent per share in just one day. This adds to the company’s estimated loss of about $134 million in the first quarter of 2018 amid a market-wide cryptocurrency crash. A Bumpy Road Cryptocurrency merchant bank Galaxy Digital LP, founded by serial investor and Bitcoin bull Mike Novogratz, lost 20 percent of its share priceRead MoreThe post Novogratz’s Cryptocurrency Bank Off to a Slippery Start, Drops 20% in One Day appeared first on Bitcoinist.com.
