Galaxy Digital reported its Q1 financial results, showing it is still not profitable. The company is pivoting towards data centers, which started generating revenue in April through its Helios project, but this area is capital-intensive. Additionally, Galaxy sees potential in asset tokenization, a growing market that could add value without heavy capital needs. Overall, Galaxy Digital's future depends on the success of these three business areas, but risks remain high and profitability is not yet assured.
The global beadlets capsule market is projected to grow from $467.26 million in 2025 to $968.45 million by 2035, at a compound annual growth rate of 6.85%. Growth is driven by rising demand in pharmaceutical and nutraceutical sectors, fueled by advan...
Ether surged about 12% over the past week, leading major cryptocurrencies higher while Bitcoin held steady above $63,000, recovering from late June losses. This resilience in crypto prices contrasts with a stalling rally in AI and chip stocks and a s...
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows last week, extending their losing streak to eight consecutive weeks, the longest since these ETFs began trading. Spot Ethereum ETFs also posted $13.67 million in outflows, reflecting ...
China, the world's largest crude oil importer, has significantly reduced its oil purchases, including from Iran, amid the ongoing Middle East conflict and a strategic shift towards green energy. In May, China's crude imports fell 29% year-on-year to ...
Bitcoin climbed to $63,700, its highest in two weeks, driven by a 2.7% weekend gain as traders prepare for a week packed with important U.S. economic data. The Federal Reserve's meeting minutes, the first under new Chairman Kevin Warsh, along with jo...
