News with the tag "GALA"

Solana and Phylax are launching major protocol upgrades in August 2025 to enhance DeFi functionality and network scalability, which is expected to increase market activity and institutional interest.

A mysterious wallet purchased 39,652 ETH (worth $152 million) from Galaxy Digital, sparking speculation about institutional interest in Ethereum and its market impact.

Invesco and Galaxy Digital have submitted an application for a spot Solana ETF to the SEC, marking a significant step towards institutional acceptance of Solana and potentially reshaping the crypto investment landscape.

Galaxy Digital's recent withdrawal of 3,782 BTC (worth $447 million) to cryptocurrency exchanges has sparked discussions about its implications, whether it signals a sell-off or a strategic move, and how such large institutional actions impact the Bitcoin market.

CryptoQuant CEO Ki Young Ju suggests that the recently sold 80,000 BTC might originate from the 2011 MyBitcoin exchange hack, with the sale handled by Galaxy Digital via OTC deals.

A newly identified Ethereum whale has accumulated 100,972 ETH worth approximately $380 million, with significant transfers from Galaxy Digital, marking a pivotal moment in the Ethereum ecosystem.

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A significant Bitcoin transfer by Galaxy Digital has drawn attention due to its potential implications for market liquidity, institutional activity, and Bitcoin's price dynamics.

Galaxy Digital transferred 3,715 BTC to 12 new addresses, sparking speculation about its implications for the crypto market and institutional strategies.