Galaxy Digital’s net income jumped 40%, with the same attributed to spot Bitcoin ETFs’ impact Galaxy Trading also saw a hike in revenue and volumes As a crypto investor with some experience in the market, I find the recent Q1 results of Galaxy Digital Holdings Ltd. to be quite encouraging. The 40% increase in net … Read more
As a researcher with a background in financial markets and experience following institutional investors’ Bitcoin holdings, I find Millennium Management’s recent disclosure of holding nearly $2 billion worth of spot Bitcoin ETFs an intriguing development. The hedge fund’s substantial allocation to these products underscores the growing institutional adoption of Bitcoin as a legitimate investment asset … Read more
TON has gained over 160% more than BTC so far. TON has also seen more activity in some on-chain metrics. As a researcher with a background in blockchain technology and market analysis, I find Toncoin’s [TON] performance against Bitcoin [BTC] intriguing. Based on my analysis of available data, TON has demonstrated remarkable growth this year, … Read more
As an experienced analyst, I find the recent developments at Eclipse Labs regarding Neel Somani’s departure quite concerning. The allegations of sexual misconduct against him are serious and have led to his temporary stepping down as CEO. These claims, which he has denied, are a distraction for the company and could potentially harm its reputation. … Read more
As an analyst with extensive experience in the blockchain and decentralized identity market, I am excited about Humanity Protocol’s recent $30 million raise, which has catapulted the company to a $1 billion valuation. This is a significant milestone for any startup, let alone one focused on a potentially game-changing technology like decentralized identity. The decentralized … Read more
So far, professional investment firms own about $3 billion of BTC ETFs. Bitwise exec term $3B as a ‘down payment’ as allocation will increase in 6 months. As an analyst with a background in financial markets and experience in following Bitcoin’s trends, I find the recent developments surrounding institutional investment in Bitcoin through BTC ETFs … Read more