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% of construction costs, runs for 36
Bitcoin’s rally to a record $124,450 has sparked debate over whether the bull run is losing steam or merely pausing for breath. While onchain data shows the market isn’t overheated, institutional buying, new ETF launches, and national adoption moves are accelerating. But with price comes risk — from technical pullbacks to rising security threats against
Bitcoin is holding just below the $119,000 mark, with a calmer leverage backdrop helping to steady the market after recent swings. Summary Bitcoin holds near $119K as leverage ratio eases, reducing chances of a sharp correction. ELR remains in the 0.24–0.25 range, signaling healthier market positioning. Key resistance sits at $119,900; a breakout could target
Exciting news is brewing in the blockchain gaming world! Ronin Ethereum L2, the popular gaming blockchain, recently announced a pivotal move that could redefine its future. This strategic shift involves transitioning from its current Ethereum sidechain setup to a full-fledged Ethereum Layer-2 (L2) solution. The team expects to complete this significant upgrade in the first
Global stocks, Bitcoin, oil, and precious metals all climbed on Thursday as traders braced for the high-stakes Friday summit between U.S. President Donald Trump and Russian President Vladimir Putin. The two leaders are set to meet face-to-face in Alaska, aiming to talk about what it might take to end the war in Ukraine, which has
Bitcoin Treasury Capital announced today that it has conducted a “directed share issuance” of approximately 4 million Swedish kronor (SEK). Bitcoin Treasury Capital Accelerates Bitcoin Uptake with SEK 4 Million Share Issuance 13,803 Type B shares issued based on the authorization received at the Extraordinary General Assembly held on June 4, 2025, were sold to
Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial intelligence datacenter campus in Texas. On Friday, the company announced that the loan will cover roughly 80% of the construction costs for the first phase of the project, with Galaxy Digital contributing $350 million in
Timezone differences and banking hours often push payments in Asia to the next day. Summary Huma, Arf, and Geoswift to provide same-day settlement for merchants in Asia Sellers on global e-commerce often have to wait a full business day to receive payouts PayFi Network bypasses traditional banking bottlenecks Traditional banking creates significant payment bottlenecks, especially
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. The round also drew investments from
Bitcoin is currently trading around the $119K mark. The market has witnessed $152.79M in BTC liquidations. The majority of the crypto tokens are waving the red flag in the market with a few holding the green chart. The assets are swinging between hot and cold water. Notably, Bitcoin, the largest asset, broke through crucial barriers