Key Takeaways Galaxy Digital moved 3,782 BTC, worth $447 million, to exchanges within 12 hours. The transfers have raised concerns of potential selling pressure and heightened market volatility. Share this article Galaxy Digital sent 3,782 Bitcoin (BTC) worth around $447 million to crypto exchanges over the past 12 hours, according to Arkham Intelligence data, igniting fresh speculation about a major sell-off. Is #GalaxyDigital helping clients sell $BTC again? In the past 12 hours, GalaxyDigital has transferred out another 3,782 $BTC($447M), most of which went to exchanges.https://t.co/lD8tgkBx00https://t.co/u8s0VjLG5p pic.twitter.com/4wqf8DZx2y — Lookonchain (@lookonchain) July 29, 2025The transfer follows Galaxy Digital’s sale of over…
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A fresh billion in USDT: What happened?According to the On-Chain Tracker Whale Alert, the $1,001,300,000 worth of USDT was just cast in Tether Treasury, which set up Crypto Twitter flames.This kind of large mint is not uncommon, but it always raises doubts. Is that a sign of an institutional influx? Preparing for market volatility? Or just internal fluidity management?Why mint more USDT?Stablecoins like USDT are cast when demand is predicted or confirmed. There are a number of reasons why $Tether might mint $1 billion in USDT:Institutional Demand: Large players may be ready to enter the market or rebalance their holdings.…
Bitcoin prices hold a support zone of $117,250. The BTC is integrated and needs to clear the $118,500 resistance zone and gain bullish momentum in the short term. Bitcoin has begun its drawback corrections below the $118,500 zone. The price trades a simple moving average of nearly $118,000 and 100 hours. On the hourly chart of the BTC/USD pair (data feed from Kraken), there is a bearish trend line where resistance forms at $118,200. Clearing the $118,500 resistance zone could cause the pair to start another increase. Bitcoin price eye rise break Bitcoin prices have begun a new increase beyond…
Key Takeaways Coinbase is in advanced talks to acquire India’s largest crypto exchange, CoinDCX. CoinDCX’s valuation has dropped below $1 billion following a $44 million security breach. Share this article Coinbase is reported to be in advanced negotiations with CoinDCX, one of India’s largest crypto exchanges, over a potential acquisition deal that could strengthen its foothold in this emerging market.CoinDCX may fetch under $1 billion in an upcoming deal, according to India’s publication Livemint, which would be a steep comedown from its peak valuation during the last bull run.If confirmed, the acquisition would further expand Coinbase’s buying push this year.…
Julius AI, a startup that describes itself as an AI data analyst, announced it has raised a $10 million seed round led by Bessemer Venture Partners. Horizon VC, 8VC, Y Combinator, the AI Grant accelerator participated in the round along with several high-profile angel investors, including Perplexity CEO Aravind Srinivas, Vercel CEO Guillermo Rauch, and Twilio co-founder Jeff Lawson, among others. Founder Rahul Sonwalkar launched Julius after graduating from Y Combinator in 2022, and pivoting away from the logistics startup he’d been building during the accelerator program. Julius is designed to act like a data scientist by analyzing and visualizing…
Ethereum (ETH), the second largest cryptocurrency by market capitalization, has long been a pillar of the blockchain industry. Its smart contract capabilities paved the way for decentralized finance, NFT, and a variety of Web3 innovations. Analysts currently trading around $3,740 have doubled Ethereum by 2025, reaching $6,000, as the broader crypto market matures. This projection reflects the robust foundations and large-scale adoption of Ethereum. However, for traders looking for big profits in a short time frame, Ethereum’s trajectory may seem too slow. Nevertheless, due to difficulty in scalability and increasing layer 2 competition, Ethereum is becoming a long-term asset that…
Key Takeaways Bakkt plans to raise funds through a public offering of stock and pre-funded warrants. Proceeds will be used to purchase Bitcoin and other digital assets, as well as for general corporate purposes. Share this article Digital asset platform Bakkt Holdings announced on Monday that it will launch a public offering of shares and pre-funded warrants aimed at raising capital for Bitcoin investments.The NYSE-listed crypto company will give underwriters a 30-day option to purchase up to an additional 15% of offered shares to cover potential over-allotments, as noted in the announcement.Clear Street LLC and Cohen & Company Capital Markets…
Harmonic, an AI startup co-founded by Robinhood CEO Vlad Tenev, announced Monday the beta launch of an iOS and Android chatbot app where users can access its AI model, Aristotle. With this launch, the company aims to broaden access to Aristotle, which Harmonic claims to offer “hallucination-free” answers for questions involving mathematical reasoning — a bold claim given the reliability problems of today’s AI models. Harmonic is focused on creating “mathematical superintelligence” or MSI; the startup eventually wants to help users with all fields that rely on math, including physics, statistics, and computer science. “[Aristotle] is the first product available…
Anthropic says its rolling out new weekly rate limits for Claude to curb usage among subscribers who are running its AI coding tool, Claude Code, “continuously in the background, 24/7.” Anthropic says the rate limits also aim to stop a handful of users who are violating Claude’s usage policy by sharing accounts and reselling access to Claude Code. The new rate limits will go into effect August 28 for subscribers to Anthropic’s $20-per-month Pro plan, as well as its $100 and $200-per-month Max plans, the company said Monday in an email to subscribers and a post on X. We’re rolling…
Global commerce is always a hassle. Companies lose billions just trying to send and receive money across borders. Traditional bank rails are clunky, slow and expensive. Now PayPal is stepping in to change that big time.What is a crypto salary?PayPal has released salary on Crypto. It is a solution aimed at helping businesses accept payments in over 100 cryptocurrencies, including Bitcoin such as USDT and USDC, Ethereum, Solana, XRP and Stubcoin. This is not just a token gesture to digital assets, but a full-scale infrastructure shift. The system connects directly to wallets such as Coinbase, Metamask, Binance, Phantom, Exodus, and…