Crypto Testnet Hacked But Client Funds Safe
@GalaxyDigital reported a cybersecurity incident affecting an isolated development workspace, with losses under $10K; no client funds were compromised. All services remain operational. #Update #Crypto $BTC
Galaxy Digital
Bitcoin Sentiment Crashes on Wall Street
Wall Street’s Shift from Bitcoin Euphoria to Skepticism Alex Thorn of Galaxy Digital notes a shift in Wall Street’s attitude towards Bitcoin from euphoric to skeptical. Thorn attributes the change to exhausted demand and significant selling by long-term holders, not conspiracy theories or single catalysts. He argues that whale distribution is healthy for the network,… Read More »Bitcoin Sentiment Crashes on Wall Street
Bitcoin Predicted to Hit $250K by 2025
Veteran trader Peter Brandt predicts $BTC could reach $250,000 by 2029, aligning with a chart shared by NBA legend Scottie Pippen. #Update #Crypto $BTC
Crypto Convergence Boosts Long-Term Outlook
@GalaxyDigital’s Steve Kurz emphasizes crypto’s role as essential financial infrastructure, predicting consolidation and maturation in the market while noting strong institutional interest despite price struggles. #Update #Crypto $BTC
Galaxy Digital Approves $200 Million Buyback
Galaxy Digital shares surged 18% after announcing a $200 million buyback plan, despite a $482 million net loss in Q4. Bitcoin ($BTC) neared $70K and Ethereum ($ETH) surpassed $2K. #Update #Crypto $BTC $ETH
Bitcoin Sale Sparks $9B Quantum Threat Debate
A single Galaxy Digital client sold $9 billion in bitcoin, triggering discussions on quantum threats to crypto security as early adopters begin profit-taking. #Update #Crypto $BTC
Bitcoin Surges as Novogratz Predicts Breakout
Billionaire investor Mike Novogratz remains bullish on $BTC, citing increased retail and Wall Street participation despite macroeconomic risks. He anticipates Bitcoin will need to surpass $100K for sustained momentum. Current price: $89,760. #Update #Crypto $BTC (+3) ↗
Crypto Hedge Fund Launches with $100M Investment
@GalaxyDigital plans to launch a $100M hedge fund focused on crypto, investing up to 30% in digital assets and sector stocks, starting Q1 2026 amid regulatory changes. #Update #Crypto $BTC $ETH
XRP Soars on $500M Wall Street Investment
Ripple secures $500M from major Wall Street firms, valuing it at $40B; deal includes profit guarantees and liquidation preferences, highlighting traditional finance’s interest in XRP. #Update #Crypto $XRP
Galaxy Digital Explores Partnership with Polymarket Kalshi
@GalaxyDigital is experimenting with market-making in prediction markets, considering partnerships with Kalshi and Polymarket. This could enhance trading volumes and reduce volatility. #Update #Crypto $USDT
Bitcoin Outflow: Galaxy Digital Moves 1,531 BTC
Galaxy Digital moved 1,531 BTC from its wallets, sparking debate on whether it’s selling or managing client trades. Bitcoin trades at $110,110 amid mixed market sentiment. #Update #Crypto $BTC
Galaxy Digital Reports 30% Q3 Revenue Surge
@GalaxyDigital COO Chris Ferraro highlighted disciplined execution and client growth in Q3, calling Helios a ‘Gold Rush’ for high-net-worth clients. #Update #Crypto $BTC $ETH
Crypto CEOs Meet Democrats to Push Legislation
@Coinbase CEO Brian Armstrong and other crypto leaders will meet with Senate Democrats this week to discuss U.S. crypto market structure legislation amid stalled negotiations. #Update #Crypto $BTC
Crypto Market Stays Strong Amid Hard Crash
Galaxy Digital reports the crypto market remains strong despite a $19B liquidation event. Bitcoin’s role as “digital gold” persists, while interest in digital asset treasury companies declines. #Update #Crypto $BTC
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