Galaxy Digital (GLXY) Records Loss of $177M in Q2 as Market Retreated
Galaxy is among the issuers of spot bitcoin and ether ETFs in the U.S., which it has listed in partnership with investment manager Invesco. The bitcoin ETF (BTCO) has assets…
Galaxy is among the issuers of spot bitcoin and ether ETFs in the U.S., which it has listed in partnership with investment manager Invesco. The bitcoin ETF (BTCO) has assets…
Led by Executive Chairman Michael Saylor, the company disclosed July 31 bitcoin holdings of 226,500 tokens, up a handful of coins since the latest purchase announcement in mid-June. Those 226,500…
The cost to mine the bitcoin jumped to $25,327 from $5,734 due to a 68% increase in the network's hashrate. Hashrate is a measurement of the total computational power used…
Bitcoin held steady near $66,000, nursing a weekly loss of 2% on expectations for renewed rate cuts from the U.S. Federal Reserve. That spurred demand for the "anti-risk" yen, sending…
"However, significant inflows would depend on broader market sentiment and risk appetite. Currently, however, we've recently seen quite underwhelming flows and a lack of "dip-buying," Kooner said. "If the job…
The crypto market regained some poise early Tuesday as analysts said supply overhang concerns stemming from defunct exchange Mt. Gox's planned distribution of 140,000 BTC are overdone. Bitcoin traded above…
Drake stood to win $1.025 million and $1.375 million if the Oilers and Mavericks managed to win their respective series, according to the betting slips. To date, no NBA team…
While some had expected the company might adopt the new digital asset fair value accounting standard, and thus report a sizable profit thanks to bitcoin's (BTC) first quarter rally, the…
“This week has witnessed a sideways trend, with bitcoin moving between $40,500 and $43,500 and ether between $2,150 and $2,250,” said Rachel Lin, CEO and co-founder of SynFutures. “Both these…
For example, suppose that you purchased $50,000 worth of bitcoin on Coinbase. After 40 days, the price fell, and you sold the position for $40,000, incurring a $10,000 loss. Then,…