Friday has gone from bad to worse for crypto assets as U.S. President Trump said he would impose an additional 100% tariff on China, sending prices cascading lower in a flash crash. Bitcoin (BTC), already trading weak at around $117,000 following Trump’s late morning comments about threatening China with tariffs, tumbled below $110,000, down 12% […]
Galaxy Gets $460M Investment by ‘Large Asset Manager’ for Its HPC Push
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 […]
Trump-Linked Firm Looks to Bitcoin Programmability to Build BTC Treasury, ETF Platform
A subsidiary of Dominari Holdings (DOMH), the investment firm with ties to President Donald Trump’s sons, Eric and Donald Jr., is teaming up with Bitcoin programmability project Hemi to progress its digital asset treasury and exchange-traded fund (ETF) plans. Broker-dealer Dominari Securities and Hemi, which is backed by veteran Bitcoin developer Jeff Garzik, teamed up […]
Bitcoin Miners Rally in Pre-Market as Sector Nears $90B Market Cap
Bitcoin (BTC) miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting their operations toward AI infrastructure. IREN (IREN) is up 4% at $66 after a 6% rise on Thursday, now up more than 520% year-to-date. TerraWulf (WULF) is 5% higher pre-market after a […]
Asia Morning Briefing: Polymarket’s POLY Could Bring Oracle’s Home
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. ANALYSIS Polymarket’s potential launch of the POLY token may mark the […]
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