Forward Guidance Newsletter

Galaxy Digital CEO Mike Novogratz says: “Bigger is better in financial services, and we plan to get a lot bigger.”

Tariffs are now live and being collected. But what does data say about their initial impacts on the economy…and who’s footing the bill?

Even with an uncertain outlook thanks to tariffs, Big Tech executives are still ramping up their AI investments

Higher inflation historically lags behind tariff implementation, so don’t celebrate just yet

VanEck launches its first tokenized fund after financial giants convene at SEC roundtable

Stablecoin revenue a bright spot for the crypto exchange in Q1, as trading revenue dropped 19% quarter over quarter

Craig Fuller, CEO and founder of FreightWaves, breaks down how tariffs are and will impact shipping and inventories

The deal is likely to fuel further M&A around derivatives trading and infrastructure, Architect Partners’ Michael Klena says

While Arizona’s governor could veto another crypto reserve bill, similar North Carolina and Texas laws are approaching the finish line

However, they noted there’s now an increased risk that unemployment and inflation will rise in the coming months. 

Bloomberg Intelligence analysts pegged the odds of the SEC approving US litecoin and solana ETFs in 2025 at 90%

Digital Assets Subcommittee Chair Bryan Steil called for a “roundtable” discussion in lieu of a formal hearing

As some Democratic senators oppose the latest draft of the GENIUS Act, Arizona’s governor calls bitcoin “untested”

As Schwab plots crypto trading upon “more clarity in the regulatory environment,” Morgan Stanley is reportedly interested too

CEO Vlad Tenev calls expected clarity on listing crypto asset securities “a big opportunity”

Big Tech pulled US indexes back into the green Thursday, as investors waited for two more Mag 7 first-quarter reports after the bell

Charts and takeaways from Tuesday’s jobs report and Wednesday’s GDP print, as the economy digests the tariff war

Galaxy’s Toronto Stock Exchange-listed shares are the seventh-largest holding of a new Grayscale fund

Cardholders to make purchases with stablecoin balances at merchants across several Latin American countries

Investors are still waiting for more concrete signs that the US is working on trade deals with other countries

Some GOP members have indicated they will hold out on passing a bill that doesn’t include some key provisions

General Motors reported a decline in net income and withdrew its previous 2025 guidance

The president’s picks to lead the SEC and CFTC have been his most impactful crypto decisions so far, law partner says

Microsoft, Meta, Amazon and Apple are slated to report Q1 earnings this week, and we’re watching one especially closely