Galaxy Digital has secured a $1.4 billion loan to repurpose its Helios Bitcoin mining center into an artificial intelligence data center. This move aligns with the digital asset management firm’s long-term deal with the Graphics Processing Unit (GPU) provider CoreWeave Inc. Loan Facility To Cover 80% Of Data Center Project On Friday, August 15, Galaxy…
Ethereum’s latest attempt to push past its all-time high of $4.8K has faltered, leading to a painful correction. Despite this setback, the asset remains supported by multiple key levels, with heightened volatility likely as the market consolidates. Technical Analysis By ShayanMarkets The Daily Chart Ethereum buyers recently tested the $4.8K ATH but were met with…
Ethereum-focused digital asset treasuries are scaling at a fast pace. This corporate adoption is highlighting the altcoin’s “dual role” as a reserve asset and on-chain yield generator. While this trend is expected to improve liquidity and network engagement, CoinMetrics believes that it also introduces risks related to leverage, funding, and prudent capital allocation. Corporate ETH…
Coinbase’s market presence has gradually declined throughout 2025. The US-based exchange began the year holding a 7% share of the global crypto trading market, but by July, its dominance had fallen to just 5.8%. COIN shares slumped as Coinbase failed to capitalize on positive US regulatory sentiment. Big Volume, Shrinking Power According to the latest…
TL;DR Given its substantial popularity in the meme coin space, Shiba Inu and its investors have been targeted in another possibly painful scam. One X profile dedicated to warning SHIB investors and observers about potential threats has made a major clarification that one of the tokens within the ecosystem is not available on Solana. SHIBARMY…
Coinbase said that the third quarter 2025 outlook remains constructive, even as its view on an altcoin season has evolved. The crypto exchange added that the current market conditions now suggest a potential shift towards a full-scale altcoin season as September nears. Altcoin Rotation In its latest research, Coinbase explained that Bitcoin’s market dominance had…
TL;DR After a slow first half of the year, Ethereum’s native token has become a rock star in the past few months as multiple companies, whales, and different types of investors have started to accumulate it. Lookonchain has reported a new mysterious entity that has joined the aforementioned pack with substantial purchases. Aside from #Bitmine,…
American crypto exchange and custodian Gemini has now submitted an initial public offering (IPO) application with the US Securities and Exchange Commission (SEC). The crypto custodian aims to become the third crypto company to list on a US exchange, following Coinbase in April 2021 and Bullish just last week. Gemini To Use Share Proceeds To…
Bitcoin and Ether ETFs make it big after recording $40B in volume over the past week. ETF analyst, Eric Balchunas, posted the news first, linking the performance to the Ether’s ETFs record-breaking $17B weekly volume. This comes during the same week that Bitcoin reached a new ATH of $124,000, while $ETH got 1.94% away from…
Brevan Howard, one of the world’s leading alternative investment firms, has just become the largest institutional holder of BlackRock’s iShares Bitcoin Trust (IBIT). Launched on January 11, 2024, IBIT has quickly cemented itself as the world’s most traded Bitcoin ETF, boasting an AUM of $87.7B and a stellar 1-year return of 77.7%. With a NAV…