Galaxy Digital’s $300M Fundraising: A Strategic Move to Boost Helios Data Center Expansion and Bitcoin Mining Operations

Galaxy Digital’s recent announcement to raise $300 million through a private offering of exchangeable senior notes has sent ripples in the crypto market. The move is aimed at supporting the expansion of its high-performance computing infrastructure at the Helios data center in West Texas and for general corporate purposes. The offering, which includes an option…

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Ethereum Eyes $4000, But Are Emerging Coins Like Catzilla The Next Big Thing?

As Ethereum aims to reach $4000 this month, several emerging cryptocurrencies are capturing the attention of investors. Among them, Catzilla stands out as a promising alternative that could offer significant growth opportunities. In this article, we will analyze Catzilla and two other high-potential alternatives, TRON and Hedera, and provide a detailed review of their potential…

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GraFun Expands to Ethereum: A Game-Changer for Memecoin Launchpads?

GraFun, a popular memecoin issuance platform on the BNB Chain, has announced its expansion to the Ethereum network. This move is expected to help GraFun capture newer audiences, tap into higher liquidity for meme issuances, and increase the platform’s visibility among crypto traders. GraFun uniquely offers a “Fair Curve” model that minimizes rug-pull risks, reduces…

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Bitcoin ETF Options Introduction Marks Milestone, Despite Position Limits

The introduction of options tied to BlackRock’s iShares Bitcoin Trust (IBIT) has marked a significant milestone in the cryptocurrency space, despite having position limits. According to Coinglass data, IBIT options surpassed $2 billion in notional exposure on its first day of trading, with the ETF itself trading over $4 billion in volume. Senior Bloomberg ETF…

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Solana’s Dominance in the Memecoin Supercycle: A New Era for Crypto

Solana’s recent surge in popularity, particularly in the memecoin space, has left many wondering if it’s the only layer-1 blockchain capable of enabling and sustaining the memecoin supercycle. According to Brainchild, project lead at memecoin Ponke, Solana’s unique combination of low fees, high speed, and scalability make it the ideal platform for memecoin traders. As…

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FINMA’s Warning: Switzerland Cracks Down on Crypto Money Laundering Risks

Switzerland’s Financial Market Supervisory Authority (FINMA) has issued a warning about the risks of money laundering associated with cryptocurrencies, including stablecoins. In its 2024 Risk Monitor report, the regulator highlighted the increasing use of cryptocurrencies for cyberattacks, payments for illegal dark web activities, and evading sanctions linked to geopolitical conflicts. FINMA noted that stablecoins, in…

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