Galaxy Digital Posts $216M Q1 Loss as 20% Crypto Drop Cuts Portfolio Value

Treasury & Corporate Net Digital Asset and Investment Exposure.  The firms core digital assets business showed resilience. Adjusted gross profit in the segment reached $49 million, only slightly below the previous quarter, supported by steady fee income and transaction revenue. Trading volumes held flat even as broader market activity declined, while the average loan book shrank 20% to $1.4 billion amid client deleveraging.  Pressure was most evident in Galaxys Treasury and corporate unit, which recorded a $140 million adjusted gross loss driven by unrealized losses on digital assets and investments.  At the same time, Galaxy is pressing ahead with a strategic pivot toward data infrastructure. In April, shortly after quarter-end, the company delivered its first data hall at the Helios campus to Coreweave, marking the start of revenue generation for the project.  The Helios site has also secured regulatory approval for an additional 830 megawatts of power capacity, bringing total approved capacity to more than 1.6 gigawatts. The expansion reflects strong demand for high-performance computing infrastructure, particularly tied to artificial intelligence (AI) workloads.  Asset management remained a mixed picture. Assets under management stood at roughly $5 billion, down from the previous quarter due to market depreciation, though the business attracted $69 million in net inflows.

04-29Industry

Dogecoin Price Prediction: Bulls Defend Key Support as Breakout Above $0.10 Looms

DOGE forms higher lows under resistance, signaling steady bullish pressureBreak above $0.1022 may trigger momentum toward $0.105–$0.110 zoneRising open interest and easing outflows hint at early accumulation phase  Dogecoin (DOGE) continues to stabilize after a sharp correction, with price action now shifting into a controlled consolidation phase. The 4-hour chart shows a market that no longer trends aggressively upward, yet it still refuses to break down. Instead, DOGE compresses just below a key resistance zone, where repeated rejections continue to attract liquidity.  This behavior often precedes a decisive move, as traders position ahead of a breakout or breakdown. Current conditions suggest that bulls are gradually regaining control, although confirmation remains tied to critical levels.  Bullish Structure Builds Under Resistance  DOGE recently surged toward the $0.101–$0.102 region before facing a swift pullback. However, the correction did not damage the broader structure.  Price now forms consistent higher lows, which signals a gradual recovery trend. Besides, DOGE holds firmly above its short-term exponential moving averages, reinforcing buyer presence.  Dogecoin Price Dynamics (Source: Trading View)  The $0.0972–$0.0963 range now acts as immediate support, supported by a cluster of EMAs. Moreover, a deeper support zone between $0.0954 and $0.0948 strengthens the bullish case.  As long as price stays above these levels, the structure

04-29Industry

BTC Pulls Back to 76K: Fed and Inflation Pressure

Bitcoins hourly price fluctuations from the end of March are shown with candlesticks and moving average lines. (TradingView)Why Did BTC Decline to the 76K Dollar Level?  Inflation expectations surged: One-year at %4,8, long-term at %3,5 (October 2025 peak). The Fed is monitoring these self-fulfilling prophecies. Bitfinex analysts say the change has raised the threshold for rate cuts. While the Fed kept policy unchanged on Wednesday, the Bank of Japan signaled a June hike. BRN Research Director Timothy Misir notes that uncertainty is complicating decisions. ETF inflows and coordination against KelpDAO, along with BTC detailed analysis, are keeping DeFi afloat; the DeFi index is resilient.  Critical Support and Resistance Levels for BTCRSI (55,83): Neutral, no overbought/oversold.Trend: Sideways, Supertrend bearish.Supports: S1: 73.724$ (Strong, %-3,39), S2: 71.944$ (Strong, %-5,72).Resistances: R1: 76.837$ (Strong, +%0,69), R2: 80.810$ (+%5,90).Trading below the 50-200 hourly EMA carries deep pullback risk; EMA20: 75.416$.  The hourly chart confirms the breakout from the trendline. Above the averages gives a bullish signal. BTC futures participants are watching the Fed.  Frequently Asked Questions About the BTC MarketHow much can BTC fall? If it doesnt hold the strong S1 at 73.724$, S2 at 71.944$ could be tested.How does the Fed affect BTC? Hawkish stance pressures risk assets; if

04-29Industry

Dogecoin Price Signals Value as DOGE Leverage Rises

Dogecoin is trading at a major on-chain discount after a sharp yearly decline. At the time of writing, Dogecoin trades at around $0.09921, up 2.11% in the last 24 hours. Fresh data from Alphractal that DOGE remains undervalued by several historical measures, even after its recent short-term rebound.  Dogecoin Valuation Signals Deep Market Discount  DOGE has 10.24% over the past 30 days, showing improving short-term momentum. However, the broader trend remains weak. The token is still down 42.75% year-over-year and 22.27% below its 200-day moving average, indicating the latest rebound has not yet repaired the broader .  Dogecoins MVRV ratio currently stands at 0.686. This means its market value is 31.4% below its realized value. Such levels often appear when holders have already taken heavy losses, and long-term buyers begin to return.  The NUPL reading also supports this view. At -0.459, Dogecoin remains in capitulation territory. This shows that the average holder is still sitting on losses. The realized price is $0.1383, which means many holders bought DOGE above current market levels.  These readings provide a clear value case for Dogecoin. The token looks cheap relative to its cost basis history. However, low valuation alone does not confirm a .  Leverage Growth Raises Risk Around DOGE

04-29Industry

USD/JPY: Yen rebound seen short-lived – MUFG

MUFGs Lee Hardman argues that the recent Japanese Yen (JPY) rebound against the US Dollar (USD) is unlikely to last, as USD/JPY remains in a broader bearish Yen trend since the Middle East conflict began. Persistent strong global risk sentiment, deteriorating Japan terms of trade, and rebuilding of leveraged short Yen positions suggest renewed upside pressure on USD/JPY unless authorities intervene.  Bearish yen trend still dominates  “While todays hawkish hold from the BoJ has helped to provide support for the yen, it is unlikely to trigger a sustained reversal of the bearish trend that has been in place since the Middle East conflict started in late February.”  “The combination of still buoyant global investor risk sentiment alongside the deterioration in Japans terms of trade have encouraged a weaker yen.”  “The latest IMM report revealed that leveraged funds have been rebuilding short yen positions in recent weeks.”  “The unfavourable developments are keeping pressure on Japan to back up their verbal intervention threats if they want to prevent the yen from weakening further in the near-term.”  “Finance Minister Katayama delivered another warning today ahead the BoJs policy meeting to deter speculative selling by stating that ”I have consistently referred to taking bold action when needed.“”  “When asked whether the

04-29Industry

Humanity Protocol (H) Price Surges as AI Narrative Fuels Breakout Momentum

The post Humanity Protocol (H) Price Surges as AI Narrative Fuels Breakout Momentum appeared first on Coinpedia Fintech News  The Humanity Protocol price this week showed remarkable rise and broke the weeks of bearish trend that was dragging through consolidation, H token price suddenly woke up, printing nearly 20% intraday gains and stacking over 65% since 21st April. That‘s not random noise. That’s capital coming with intent. And yes, theres a narrative doing the heavy lifting here.  Demand Zone Bounce Flips Market Structure Fast  It all started at the $0.100 level. Clean, respected, and more importantly defended area. The Humanity Protocol price bounced sharply from that horizontal demand zone and followed it up with a higher low around April 21.  But here‘s where it gets interesting. This wasn’t just spot-driven enthusiasm. Open Interest jumped 18.23% to $98.43M, which means derivatives traders showed up too. Fresh money, not recycled hype.  Volume didn‘t stay quiet either which is also up 60.95% to $80.41M. So yeah, this isn’t a sleepy move.  AI Execution Narrative Gives Bulls New Ammunition  Now, let‘s talk about the elephant in the room thats “AI”. The latest push isn’t coming from vague “AI integration” buzzwords. It‘s sharper than that. The idea? AI isn’t just influencing anymore

04-29Industry

Jamie Dimon warns of bond crisis ahead as global debt risks build

Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., attends the ribbon-cutting ceremony opening the firms new headquarters at 270 Park Avenue, in New York City, U.S., Oct. 21, 2025.  Eduardo Munoz | Reuters  CEO Jamie Dimon on Tuesday warned that rising government debt levels could trigger a crisis in the bond market, urging policymakers to act before markets force their hand.  Dimons statement was in response to a question about whether he was worried about rising levels of government debt “around the world and in your country.”  “The way it‘s going now, there will be some kind of bond crisis, and then we’ll have to deal with it,” Dimon said at an investment conference held by Norways sovereign wealth fund, the largest in the world.  “I‘m not that worried we’ll be able to deal with it,” Dimon said. “I just think maturity should say you should deal with it, as opposed to let it happen.”  Dimon, who runs the world‘s largest bank by market cap, said history has shown that today’s growing mix of risks could combine in unpredictable ways. While the timing is uncertain, failing to address those pressures increases the odds that adjustment comes after upheaval rather than deliberate policy

04-29Industry

Billionaire Ken Griffin Says He’s Meeting With NY Gov. Kathy Hochul As Pied-A-Terre Tax Fight Rages

Billionaire Citadel CEO Ken Griffin, said he was planning to meet with Gov. Kathy Hochul, D-NY, on Thursday, days after an executive from his company took issue with New York City‘s proposed pied-à-terre tax on second homes—which Mayor Zohran Mamdani announced in a video featuring the billionaire’s record-breaking townhouse on Manhattan‘s Billionaire’s Row.  AFP via Getty Images  Key Facts  Speaking at a conference in Norway, Griffin said he planned to discuss the states “future direction,” according to comments reported by multiple outlets.  At the conference in Oslo, Griffin reportedly asked if New York planned to get its “fiscal house in order and run itself from a position of strong government thats pro-business,” before following up with, “Why do Americans think we can do socialism?”  Griffin also took issue with Mamdani invoking his name and filming his announcement video in front of his Manhattan townhouse, saying, “I think the willingness of a mayor of New York to make this a policy debate a personal attack, just demonstrated a ‌profound ⁠lack of judgment.”  This comes less than a week after Citadel chief operating officer Gerald Beeson suggested the companys planned $6 billion expansion in New York City could be in jeopardy following the pied-a-terre tax announcement, according to

04-29Industry

Polymarket rolls out CLOB v2 with $1M liquidity rewards to harden prediction markets

Polymarkets CLOB v2 upgrade ships new exchange contracts, pUSD collateral, and $1M in liquidity rewards to deepen books and court professional market makers.Polymarkets Central Limit Order Book (CLOB) v2 went live today, alongside a $1 million liquidity rewards program designed to attract professional market makers and deepen books.The upgrade swaps in new exchange contracts, a rewritten matching engine, and a new collateral token, Polymarket USD (pUSD), as the platform chases institutional‑grade performance on what it calls “The Worlds Largest Prediction Market.”With recent fee changes already driving about $1 million in daily revenue on roughly $9.55 billion in 30‑day volume, the new incentives are aimed at scaling liquidity and tightening spreads across hundreds of event markets.  Polymarkets CLOB v2 upgrade went live on April 28 at around 11:00 UTC, after a brief maintenance window that cleared existing order books and cut over traffic to a rebuilt exchange stack.  According to the projects changelog, the coordinated release introduces “new Exchange contracts, a rewritten CLOB backend, and a new collateral token (Polymarket USD, or pUSD),” with no backward compatibility for legacy integrations.  CLOB v2 goes live with fresh contracts and collateral  The platform‘s documentation describes Polymarket’s CLOB as a “hybrid‑decentralized trading system — offchain order matching with

04-29Industry

Dow Jones futures wobble as Iran talks stall, Crude Oil jumps

The futures market is an exchange-based auction in which participants buy and sell contracts of an underlying asset at a predetermined future date and price. The set price is agreed upon today and is derived from the underlying asset. Futures contracts can be based on a wide range of assets, with commodities among the most popular, although currencies and indices are other common underlying assets. Futures prices depend on their underlying asset and act as a mechanism for firms, institutions, and large-position traders to manage risks through hedging.  Futures can be traded in different ways. The most common ways are via a regulated exchange or via Contracts For Difference (CFDs). In the former, liquidity is high and pricing is more transparent, with the broker serving only as an intermediary between you and the market. Still, it generally requires more capital. The largest futures exchanges are the Chicago Mercantile Exchange (CME) and the New York Mercantile Exchange (NYME). As for CFDs, these require less capital and thus trading is more flexible, but at the cost of less transparency.  The E-mini S&P 500 index, Crude Oil (Brent, WTI), Natural Gas, Gold, Silver, Copper, and soft commodities such as grains are among the most actively

04-29Industry
1
...
956958
...
1000