Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange. Galaxy anticipates listing on the Nasdaq, a tech-focused US stock exchange, by the middle of May, pending approval from the Toronto Stock Exchange, … Read more

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

Key Takeaways: Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering superior risk-adjusted returns. A buyer-dominant market signals strong institutional and retail interest that could drive a supply squeeze and … Read more

Wellgistics Integrates XRP for Healthcare Payments via $50 Million Credit Facility

Wellgistics Health has secured a $50 million credit facility to implement XRP-based treasury and payment systems, aiming to revolutionize transaction efficiency within its healthcare network. $50 Million Credit Line Fuels Wellgistics’ Blockchain Payment Initiative Wellgistics Health Inc. (Nasdaq: WGRX) has announced a $50 million equity line of credit (ELOC) to integrate XRP into its financial … Read more

Bitcoin’s Hashrate Hits New Peak as Miners Ride Price Wave

Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting 929 exahash per second (EH/s), a horsepower figure that illustrates just how fiercely miners are competing to add the next block. Miners Power Up: Bitcoin Network Reaches Record 929 EH/s Bitcoin’s hashrate surged roughly 3 … Read more

AI’s GPU obsession blinds us to a cheaper, smarter solution

Opinion by: Naman Kabra, co-founder and CEO of NodeOps Network Graphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense in some contexts, it’s also created a blind spot that’s holding us back. GPUs have earned their reputation. They’re … Read more

Is Bitcoin about to go parabolic? BTC price targets include $160K next

Key points: Bitcoin continues to attack a key resistance zone below all-time highs. “Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open. Signs of profit-taking are increasing amid the highest prices since January. Bitcoin (BTC) is attracting “parabolic” price targets as bulls continue to hold six figures … Read more

Is Ripple’s Hidden Road deal part of a SoftBank-like playbook?

Ripple has made a slew of acquisitions to control key transaction rails and route them through XRP and its stablecoin, Ripple USD (RLUSD), drawing comparisons to Japanese investment firm SoftBank.  The $1.25-billion acquisition of Hidden Road on April 8 allows Ripple to use RLUSD as collateral in the firm’s prime brokerage products. Hidden Road will … Read more

Solana, Cardano and XRP Whales Flock to XPFinance Presale as Over 10% of Soft Cap Filled in 24 Hours

This content is provided by a sponsor. The crypto landscape continues to evolve rapidly, and the XRP Ledger is now in sharp focus, thanks to XPFinance, a pioneering decentralized lending and borrowing protocol making waves with its newly launched presale. In just 24 hours, XPFinance’s highly anticipated presale has seen over 10% of its 100,000 … Read more

Bitcoin ETFs Stay Green With Another $117 Million Inflow

Bitcoin ETFs kept their inflow streak alive with $117 million on Thursday, powered by Blackrock, Fidelity, and Ark 21shares. Ether ETFs extended their outflow streak to a third day, losing $16.11 million. Bitcoin ETF Momentum Builds but Ether ETFs Post Day Three in the Red Investor appetite for bitcoin ETFs continued to build momentum Thursday … Read more