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Digital asset investment firm Galaxy Digital (GLXY) said on Friday it agreed to a $460 million private investment from one of the world’s largest asset managers, a deal that would add cash for its growing data center business and general corporate needs.The investment, from the undisclosed firm, is split between 9,027,778 new Class A shares issued by Galaxy and 3,750,000 shares sold by certain executives, including founder and CEO Mike Novogratz, at $36 per share, according to the press release. That’s an 8.5% discount from Friday’s closing price.”Strengthening our balance sheet is essential to scaling Galaxy’s data center business efficiently…

The global crypto market plunged again late Friday after US President Donald Trump announced sweeping new tariffs and export controls on China, escalating tensions to their highest point since 2019.In a statement posted online, Trump said the US would impose a 100% tariff on all Chinese imports starting November 1, citing what he called Beijing’s “extraordinarily aggressive” move to impose broad export controls on “virtually every product they make.” Sponsored SponsoredUS and China Enter Their Biggest Trade War Since 2019The announcement triggered immediate market turmoil. Within hours, the total cryptocurrency market capitalization fell from around $4.25 trillion to $4.05 trillion, wiping…

Tron (TRX) is at a decisive moment after retracing to key demand levels that could determine its next major move. Bulls, who have been in control since late March, are now working to defend support and prepare for a possible breakout. However, to confirm a bullish continuation, Tron must overcome the current supply zone and regain strong upward momentum — a challenge that will test the strength of the recent rally. Related Reading Adding context to Tron’s long-term growth, top analyst Maartunn shared striking on-chain data revealing that TRON’s USDT supply has surged 309x in just six years. What began…

Bitcoin plunged below $110,000 after Trump announced sweeping tariffs on China on Friday, reigniting fears of a broader trade and market sell-off. News COINTELEGRAPH IN YOUR SOCIAL FEEDUS President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin (BTC) reeling below $110,000 at this writing.Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social:“It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter…

In crypto, the hardest lessons are the ones learned in hindsight. Everyone remembers the tokens they almost bought, the early-stage gems that skyrocketed while they hesitated. The regret of missing a 100x ROI haunts even the most seasoned traders. Now, a new opportunity is knocking, wrapped in warmth, familiarity, and surprisingly strong fundamentals. Milk & Mocha crypto presale, the internet’s favorite bear couple with millions of fans worldwide, have entered blockchain with $HUGS, a utility token fusing emotion, entertainment, and economics. As the whitelist nears capacity and presale stages ramp in price, $HUGS positions itself not just as a memecoin, but as…

Joerg Hiller Oct 10, 2025 18:10 Gala Games introduces the Dracula Mansion, a gothic addition to VEXI Villages, featuring varying rarity levels and special pricing for Halloween enthusiasts. Gala Games has announced the launch of a new gothic-themed addition to its VEXI Villages, the Dracula Mansion, just in time for the Halloween season. This latest offering adds a touch of eerie charm and dark elegance to players’ collections, according to news.gala.com. Dracula Mansion Mystery Box The Dracula Mansion is available through a Mystery Box, which includes one mansion of random rarity. The chances…

Russia is moving closer to formally integrating crypto into its financial system, as officials acknowledge widespread adoption and the central bank prepares to let banks handle digital assets under tight controls.According to a report by TASS, Deputy Finance Minister Ivan Chebeskov said around 20 million Russians now use cryptocurrencies “for various purposes,” describing them as a reality the government must address rather than resist. TASS reported that Chebeskov argued the state needs to develop domestic infrastructure both to protect users and to secure “economic and technological benefits” for the country.The scale of that adoption was highlighted by new figures TASS…

Key takeaways:Derivatives data show limited confidence among Bitcoin traders despite strong ETF inflows, keeping downside risks on the table.Gold’s surge and falling Treasury yields highlight growing investor fear as fiscal stress and trade disputes weigh on traders’ sentiment.Bitcoin (BTC) has struggled to regain bullish momentum since reaching its $126,219 all-time high on Monday. Strong spot Bitcoin exchange-traded fund (ETF) inflows point to solid institutional demand, but weakness in BTC derivatives metrics suggests traders remain uncertain about whether the $117,000 level will hold.Bitcoin 60-day futures annualized premium. Source: laevitas.chMonthly Bitcoin futures are trading at a 7% premium compared to spot markets,…

In a bold move reflecting Argentina’s burgeoning cryptocurrency environment, Lemon, a prominent cryptocurrency exchange based in Argentina, has secured $20 million through a Series B funding round. This influx of capital marks a significant milestone for Lemon and underscores the increasing international interest in the Argentine crypto market. Founder and CEO Marcelo Cavazzoli has articulated a clear vision to utilize this funding to expand Lemon’s operations across the entirety of Latin America. The recent funding success aligns with Argentina’s growing reputation as a hot spot for cryptocurrency innovation, driven by economic conditions that have made digital assets an attractive alternative…

Several recent token launches have seen dramatic drawdowns, bringing to token generation event (TGE) meta into question ahead a number of high profile airdrops.CAMP, the native token of an AI-focused layer 1 blockchain, is now down by 88% since it was introduced last month, while DoubleZero’s 2Z has lost 60% of its value in just eight days.There were also notable losses for Anoma’s XAN, down by 60% in a week. XPL, arguably one of the most hyped projects of the year, slumped below its TGE price on Friday amid a wave of negative sentiment around alleged founding team token sale,…