Galaxy Digital Offsets $216M Loss
Galaxy Digital reports a $216M Q1 loss, citing weak crypto markets; Hyperliquid exposure cushions impact. Founder Mike Novogratz highlights diversification efforts. #Update #Crypto
Crypto News
General category for all types of news related to the cryptocurrency world.
S&P 500 Soars to 7700 This Year
Fundstrat’s Tom Lee predicts the S&P 500 could exceed 7,700 by year-end, citing improving earnings, AI productivity gains, and reduced geopolitical risks as key factors. #Update #Crypto $SPY
Hezbollah Strikes Israeli Tank Amid Ceasefire
Hezbollah claims it struck an Israeli Merkava tank in south Lebanon, but traders see no impact on the Israel-Hezbollah ceasefire market, which remains at 100% YES. #Update #MiddleEast
Galaxy Digital Delivers Data Center Tranche
@GalaxyDigital narrowed its Q1 loss to $216M, focusing on data centers and launching its first facility for AI workloads. Shares fell 0.84% to $24.84. #Update #Crypto $GLXY
Paxos Labs Surges $1B Toku Integration
Paxos Labs Amplify integrates with Toku, enabling employees to earn yield on $USDC, $USDT, and USDG instantly upon receiving pay. No lockup periods required. #Update #Crypto $USDC
AI Tools Speed Crypto Application Reviews
The US Commodity Futures Trading Commission (CFTC) is developing AI tools to enhance crypto registration reviews and market surveillance amid workforce reductions. #Update #Crypto
Bitget AI Trading Surges 500K Users
Bitget’s AI trading stack sees early adoption, with Gracy AI and GetAgent attracting nearly a million users, according to Messari. #Update #Crypto
ICC Pursues Netanyahu Charges Backed by Qatar
A recording reveals Qatar offered to support ICC prosecutor Karim Khan in pursuing charges against Netanyahu. Market odds for Netanyahu’s exit by June 30 remain at 5.5%. #Update #Legal
USDC Freeze Sparks Scrutiny Over Wallets
@Circle faces scrutiny for inconsistently applying its USDC freeze powers, allegedly slow in responding to thefts over $420M while quickly blocking 16 wallets in a civil matter. #Update #Crypto $USDC
Google Employees Demand End to AI Contracts
Over 580 @Google employees urge CEO Sundar Pichai to halt military AI use, citing ethical concerns. They demand transparency on Pentagon contracts and an ethics board with employee representation. #Update #Tech
Israel-Hezbollah Ceasefire Boosts Peace Talks
All three Polymarket contracts on Israel-Hezbollah conflict settled at 100% YES, indicating events are seen as inevitable; no trading activity observed. #Update #Market
Crypto Exploit Risk from Dormant Developers
@DriftProtocol faced a $285 million exploit linked to North Korean hackers, prompting @Stabble to warn users of potential insider threats. Security measures need urgent enhancement. #Breaking #Crypto $SOL (-8) ↘
Trump Embraces Prediction Markets After Dislike
US President Donald Trump shifts stance on prediction markets, acknowledging their popularity and potential benefits after initial disapproval, as platforms like Polymarket see record trading volumes. #Update #Crypto $POLY
Taylor Swift Fights AI Fakes with Trademarks
Taylor Swift files three trademark applications to protect her voice and image from AI misuse, following similar actions by Matthew McConaughey. #Update #Legal