Crypto asset management firm Galaxy Digital has announced plans to go public on the Nasdaq stock exchange. Galaxy Digital chief executive and founder Mike Novogratz says the firm plans to go live on the Nasdaq as soon as May 16th, but notes that shareholder approval is still needed. “Excited to share that Galaxy plans to … Read more
Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY … Read more
Grayscale, the world’s largest crypto-focused manager, announced the launch of its new exchange-traded product, Grayscale Bitcoin Adopters ETF (BCOR). The firm said the ETF will offer investors exposure to companies that have adopted BTC as a treasury reserve asset. The company said BCOR focuses on the long-term growth of the corporate adoption of Bitcoin as … Read more
Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform. The company also set more favorable chances of approval for other altcoin ETFs, including proposed funds holding XRP (XRP) and Dogecoin (DOGE), Bloomberg analyst Eric … Read more
US-based cryptocurrency exchange Coinbase has filed an amicus brief in the country’s Supreme Court in support of a taxpayer fighting the Internal Revenue Service (IRS) gaining access to his data from a digital asset platform. In an April 30 filing in the Supreme Court of the United States (SCOTUS), lawyers for Coinbase argued that a … Read more
Through thought leadership, you create trust before anyone decides to do business with you. getty Is there a partner, supplier, or person you routinely do business with, and perhaps who has collaborated with you across multiple businesses? I’d wager one reason you keep going back is that you developed a level of trust with that … Read more
The Bitcoin Strategic Reserve: A Sovereign Financial Weapon In Episode 4 of The Bitcoin Policy Hour, experts from the Bitcoin Policy Institute explore the urgent geopolitical stakes of Bitcoin adoption. As the U.S. accelerates crypto legislation, the hosts argue that America must prioritize Bitcoin as a strategic reserve asset—or risk falling behind global rivals like … Read more
The organization is a collection of more than thirty crypto firms that lobby public institutions for better regulation of the industry. Industry Leaders Call on SEC to Define Rules for Crypto Staking The Crypto Council for Innovation (CCI), an advocacy group for more favorable crypto regulation, submitted a letter to the U.S. Securities and Exchange … Read more
US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of the Treasury’s Q1 2025 report. Stablecoins’ cumulative market cap currently stands at roughly $230 billion, but “[e]volving market dynamics [have] the potential to accelerate stablecoins’ trajectory to reach ~$2tn in … Read more
Stellantis and Mercedes announced on Wednesday they would withdraw their full-year financial guidance for 2025, becoming the latest companies to cut or pull earnings forecasts in recent weeks as they cite market uncertainty aggravated by President Donald Trump’s tariffs. April 30Stellantis suspended its full-year financial guidance for the 2025 fiscal year because of “tariff-related uncertainties,” … Read more