Bitcoin Eyes $125K; Galaxy Says Bear Market Over
@Galaxy says $BTC could retake $125,000, citing reduced selling pressure and steady demand. It says the bear market ended in June and accumulation is underway. #Update #Crypto $BTC
Galaxy Digital
Galaxy Digital shares rise after profit, buyback plan
@GalaxyDigital reported $323 million in Q3 profit, reversing a prior-quarter loss, as AI data center earnings grew. It also authorized a new $200 million share buyback. #Update #Earnings
Galaxy Digital Says Bitcoin Bear Cycle Over
@GalaxyDigital research head Alex Thorn says $BTC’s bear market ended in June and accumulation is underway, while warning that ETF outflows and weak technical support could challenge the outlook. #Update #Crypto $BTC
Bitcoin Transfers $770M Mystery Wallets Emerge
Galaxy Research tracked 9,261 BTC worth $770M moving to Coinbase Prime, including 2,456 BTC from previously unidentified U.S. government wallets. #Breaking #Crypto $BTC
Galaxy Digital Adds $100M sUSDS to Treasury
Galaxy Digital invests $100M in Sky Protocol’s sUSDS, integrating it into its $1.4B loan book as institutional collateral, boosting SKY token by 7.5%. #Update #Crypto
Bitcoin White Hats Rescue $5M from Attackers
White hats recovered 52.37 $BTC from Coldcard attackers, moving it to Crypto Recovery Trust for rightful owners. Thorn’s analysis reveals 40% of Wave 2 funds were protected. #Update #Crypto $BTC
Bitcoin ETPs Launched by Morgan Stanley
Morgan Stanley partners with Galaxy Digital to allow eligible clients to lend $BTC, $ETH, and $SOL, reducing minimum loan size from $25M to $5M. #Update #Crypto
CLARITY Act Approval Odds Drop to 60%
Senate delays hinder the CLARITY Act, reducing passage odds from 75% to 60% due to a crowded schedule, impacting crypto regulation timelines. #Update #Legal
Galaxy Launches $10 Million Prediction Market
@GalaxyDigital launched OTC prediction markets trading for institutions, facilitating a $10M trade with Arca on regulatory outcomes, enhancing liquidity for large investors. #Update #Crypto $BTC
Bitcoin Wallet Moves $2.54M Amid Lawsuit
A dormant bitcoin wallet since 2011 moved 35.55 BTC on June 2, undermining Noah Doe’s abandoned-property claim in a $293B NY lawsuit. #Update #Legal
Ethereum Wallet Surges with $192M Stake
A wallet linked to @a16z has acquired 3.9M $HYPE worth $192.6M, becoming the largest external holder as the token hits an all-time high of $67.24. #Breaking #Crypto
AAVE Plummets Multicoin Capital Moves $40M
Multicoin Capital moved 286,057 $AAVE ($26M) to Coinbase Prime on May 16 after a $40M loss, indicating a potential OTC exit. #Update #Crypto $AAVE
Galaxy Digital Launches $125M Onchain Yield Play
@GalaxyDigital and @Sharplink are launching a $125 million onchain yield fund, deploying $100 million from Sharplink’s staked ETH treasury into DeFi strategies managed by Galaxy. #Update #Crypto $ETH
Galaxy Digital Launches $125M DeFi Yield Fund
Galaxy Digital and Sharplink launch a $125M DeFi yield fund, with Sharplink contributing $100M and Galaxy managing the pool for ETH returns. #Update #DeFi $ETH