by Michael
Key TakeawaysGalaxy identified favorable conditions for bitcoin to retake $125,000.The firm concluded that bitcoin’s bear market ended in June.Galaxy linked the accumulation phase to patterns preceding past advances. Galaxy Sees Favorable Setup for $125K Bitcoin...
by Michael
Key TakeawaysGalaxy Digital returned to profitability in Q3 2026, reporting $323 million in net income and $455 million in adjusted EBITDA, driven largely by investment gains and AI infrastructure growth.AI data center profits surged, with adjusted gross profit nearly...
by Michael
Key TakeawaysLuxor raised $16 million in a funding round led by CMT Digital to accelerate its expansion into AI computing, hardware trading, and financial derivatives.Bitcoin miners are increasingly pivoting to AI, with companies including Hut 8, Terawulf, Core...
by Michael
Key TakeawaysThe CFTC filed its 10th state lawsuit, challenging Utah’s enforcement against regulated prediction markets.Utah alleges Kalshi collected up to $61.2 million in fees and caused $5.5 million in resident losses.Kalshi’s earlier federal court defeat...
by Michael
Key TakeawaysRobinhood’s crypto revenue plunged 55% year-over-year to $120 million in Q3 2026, while crypto trading volume fell 38% to $50 billion, despite record overall revenue of $1.42 billion.Robinhood expanded its crypto ambitions, reporting significant trading... Translate »