Tag: News

Galaxy, the Nasdaq-listed digital asset investment firm, said on Friday it has secured $1.4 billion in funding to expand its Helios data center in West Texas, part of the firm’s push to boost computing capacity for artificial intelligence (AI) and high-performance computing (HPC). The debt facility, which covers 80%...

The U.S. Securities and Exchange Commission is looking at custody rules for digital assets, including how broker-dealers, asset managers and investment advisers can deal with cryptocurrency transactions, its head said Friday. SEC Chair Paul Atkins, speaking about his recently announced Project Crypto on Fox Business’ “Mornings With Maria” program,...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4261.62, up 1.0% (+40.35) since 4 p.m. ET on Thursday. Twelve of 20 assets are trading higher. Leaders: AVAX (+3.4%) and ADA (+3.4%)....

Solana-based meme coin BONK weathered a volatile 24 hours, as significant institutional activity defined both the highs and lows of the trading range. The token reached $0.000026 and quickly encountered resistance at that level, with 4.02 trillion tokens changing hands during a midday rejection that set a clear technical...

Hyperbeat, a protocol powering yield infrastructure on the Hyperliquid decentralized exchange, has closed a $5.2 million oversubscribed seed round co-led by ether.fi Ventures and Electric Capital. The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem....

Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, much like in previous market cycles....

XRP (CRYPTO: XRP) is down 6% over the past week, but traders remain upbeat about the token’s near-term prospects. Cryptocurrency Ticker Price Market Cap 7-Day Trend XRP (CRYPTO: XRP) $3.12  $185.3 billion -6.1%  Bitcoin (CRYPTO: BTC) $118,850.20  $2.36 trillion +1.9%  Ethereum (CRYPTO: ETH) $4,646.80  $560.8 billion +19.1%  Trader Notes:...

It was another historic week for the cryptocurrency market as bitcoin, as well as a few altcoins, managed to chart fresh peaks. But let’s begin with the largest digital asset. Just last week, its price struggled to maintain above $117,000 and even dipped below that level on a couple...

American Bitcoin’s expansion into Asia could enhance global crypto market integration, potentially increasing Bitcoin’s mainstream adoption. The post Trump-backed American Bitcoin targets acquisitions in Asia to boost Bitcoin reserves appeared first on Crypto Briefing....

Norway’s sovereign wealth fund sharply increased its indirect Bitcoin (CRYPTO: BTC) holdings in the second quarter, according to a Standard Chartered analysis of U.S. SEC 13F filings. Geoffrey Kendrick, head of digital assets research at Standard Chartered, said Norges Bank Investment Management, which manages the country’s sovereign wealth fund,...