Galaxy Digital posts $85M Q2 loss, but its data center bet is starting to pay off

Galaxy Digital’s strategic pivot towards AI infrastructure could stabilize its financials, but heavy reliance on CoreWeave poses risks. The post Galaxy Digital posts $85M Q2 loss, but its data center bet is starting to pay off appeared first on Crypto Briefing.
AMD stock falls despite strong earnings report amid investor concerns

Investor skepticism over AMD’s high capital expenditures and competitive pressures may overshadow strong earnings, affecting future stock performance. The post AMD stock falls despite strong earnings report amid investor concerns appeared first on Crypto Briefing.
Binance co-CEO highlights rapid growth of tokenized equities market as volumes surge 4.4x in one month

The surge in tokenized equities highlights a shift towards decentralized finance, offering global access but raising regulatory and custodial concerns. The post Binance co-CEO highlights rapid growth of tokenized equities market as volumes surge 4.4x in one month appeared first on Crypto Briefing.
Fed’s Rate Decision Leaves Bitcoin Struggling for Momentum
Bitcoin’s momentum remains elusive following the Federal Reserve’s decision to hold interest rates steady. According to a tweet from @cryptoquant_com, the market is grappling with significant challenges, including ETF flows and exchange reserves that are critical for recovery. This situation raises important questions about the future direction of Bitcoin and the broader crypto market. For […]
Cipher Digital sells 470 BTC to fund AI data center development

Cipher Digital’s pivot to AI infrastructure, backed by major contracts, shifts its risk profile, attracting traditional infrastructure investors. The post Cipher Digital sells 470 BTC to fund AI data center development appeared first on Crypto Briefing.
Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
Laser’s investment in ZIGChain is understood to be in the high single-digit millions.
Japan’s FSA launches dedicated crypto division on Friday, signaling regulatory overhaul

Japan’s regulatory overhaul could enhance crypto market stability, attract institutional investors, and set a precedent for global regulation. The post Japan’s FSA launches dedicated crypto division on Friday, signaling regulatory overhaul appeared first on Crypto Briefing.
Why VRA Just Jumped 19.12% in 5 Minutes
In a remarkable move, Verasity’s price surged 19.12% in just five minutes, reaching $0.00001115. This spike indicates a notable shift in trading activity. With a market cap of $3,173,750, VRA’s recent momentum suggests increased interest among traders, especially given its recent 24-hour change of 5.1%. The Key Development The broader cryptocurrency market is showing mixed […]
CXMT refuses Apple’s request for lower LPDDR5X pricing, demanding Samsung-level rates

Apple’s supply chain diversification efforts face geopolitical hurdles, potentially impacting margins and consumer pricing strategies. The post CXMT refuses Apple’s request for lower LPDDR5X pricing, demanding Samsung-level rates appeared first on Crypto Briefing.
Google surpasses Apple to become second largest company globally

Alphabet’s AI advancements highlight a shifting tech landscape, challenging Apple’s market position and emphasizing cloud-first strategies. The post Google surpasses Apple to become second largest company globally appeared first on Crypto Briefing.