“`html Mike Novogratz’s Galaxy Digital has acquired a $460 million private funding from one of the globe’s “largest asset management firms” to expedite the conversion of its previous Bitcoin mining location in Texas into an AI data center.The agreement encompasses the acquisition of 12.77 million Class A shares at $36 each, with the funds allocated for general corporate purposes and the growth of its Helios campus, anticipated to yield 133 megawatts of IT capacity by early 2026, the firm declared on Friday.“Having one of the globe’s largest and most advanced institutional investors make such a considerable investment in our enterprise…
Autore: wsjcrypto
“`html By Kenneth Christiane L. Basilio, journalist The House of Representatives on Friday sanctioned on second reading the proposed P6.793-trillion national budget for 2026, enhancing funding for education, health, and agriculture in an effort to fortify human capital development. Lawmakers endorsed the unprecedented spending bill through a voice vote, which included increased budgets for the Education, Health, and Agriculture departments — financing that was initially earmarked for the Public Works department but subsequently withdrawn due to corruption apprehensions. “I perceive this as a welcome departure from those contentious initiatives,” Deputy Speaker and Antipolo Representative Ronaldo V. Puno stated to BusinessWorld…
“`html Bitcoin value fell to the $108,000 range today as intensifying U.S.-China trade disputes and tariff discussions created turmoil in global markets. President Donald Trump shared on Truth Social today that China has revealed “aggressive” and “unprecedented” export regulations on nearly all commodities, impacting all nations starting November 1, 2025. In retaliation, Trump asserted that the U.S. will enact a 100% tariff on Chinese products and implement export restrictions on essential software from the same date. Bitcoin’s value plummeted in response to the announcement, dropping from approximately $117,000 in early afternoon to under $108,000. As of this writing, the bitcoin…
“`html A prominent industry leader has urged the Government to enact strong reprisals against the European Union’s recent trade limitations on British steel, cautioning that they could severely harm the UK’s manufacturing sector. Simon Boyd, managing director of Dorset-based structural steel firm REIDsteel, called on ministers to establish counter tariffs to shield UK producers, manufacturers, and supply chains after Brussels revealed strategies to reduce tariff-exempt quotas for British steel exports. The EU’s updated measures will cut the UK’s tariff-exempt quota for structural steel exports by half and enforce a 50% tariff on all shipments exceeding that threshold, as part of…
“`html Trusted Editorial material, evaluated by prominent industry authorities and experienced editors. Ad Disclosure Ripple (XRP) is broadening its global footprint once more, this time making its entry into the Kingdom of Bahrain via a new collaboration with Bahrain Fintech Bay (BFB). Simultaneously, recent figures indicate that corporate XRP reserves have surpassed $11.5 billion following a recent acquisition by Reliance Global. Ripple Moves Into Bahrain, Fortifying Its Middle East Influence As per the press release, Ripple has ventured into the Kingdom of Bahrain through a new alliance with Bahrain Fintech Bay (BFB), the foremost fintech incubator and ecosystem developer in…
“`html This day in crypto, Polymarket’s competing prediction platform Kalshi secured $300 million to broaden its reach into 140 nations globally, Democratic Party senators faced backlash for suggesting a DeFi restriction list, and Roger Ver has allegedly struck a deal with the US Justice Department to bypass imprisonment concerning tax allegations.Kalshi secures $300 million to broaden prediction markets to 140 nationsPrediction platform Kalshi, based in the United States, concluded another significant funding round to extend its services to more than 100 nations worldwide.Kalshi finalized a Series D funding round exceeding $300 million, spearheaded by Sequoia Capital and Andreessen Horowitz (a16z),…
“`html As per Coinbase’s internal analytics shared by community member Moonkie, XRP attracted 32,000 inquiries on the exchange within the last 24 hours, positioning it as the most queried token on the platform. Related Reading Bitcoin followed closely with 26,000 inquiries, BNB garnered 22,000, while Ethereum had 18,000. The surge in search activity occurs amidst increasing discussions regarding whether retail enthusiasm will translate into genuine buying pressure. Rising Search Interest According to reports, search patterns can sometimes predict market movements. Traders and novice investors frequently search for tokens prior to submitting orders. Some analysts linked the influx of searches to…
“`html The Funding Coordination group is thrilled to reveal a collaborative effort with Keyring Network that brings forth a fresh methodology for impact financing within the Ethereum ecosystem. Directly assist developers concentrated on privacy Keyring’s zkVerified permissioned vaults on the mainnet offer compliant and privacy-protecting entry to DeFi lending markets. Throughout the initial two months, all protocol fees generated from Keyring’s zkVerified vaults will be allocated to the legal defense funds of Roman Storm and Alexey Pertsev, the Tornado Cash developers currently facing trial for releasing open-source code. This framework guarantees that the inaugural users of a vault actively contribute…
“`html By Katherine K. Chan, reporter NET INFLOWS of overseas direct investments (FDI) into the Philippines decreased in July yet reached their peak level in a year, the Bangko Sentral ng Pilipinas (BSP) announced on Friday. FDI net inflows fell by 7.5% to $1.268 billion in July compared to $1.37 billion in the corresponding month last year, although this was the highest monthly figure recorded since. Conversely, on a month-to-month basis, FDIs soared from the $376-million net inflow reported in June. “Net overseas direct investments into the Philippines stayed positive in July 2025, with inflows from Japan and into wholesale…
“`html What is Bitcoin mining? Bitcoin mining is the procedure that maintains the BTC network safe and functional.Bitcoin (BTC) miners gather unconfirmed transactions, consolidate them into blocks and continually execute hashing trials (trial and error) until they generate a hash that fulfills the network’s difficulty threshold.The initial miner to discover a legitimate solution broadcasts their block. Once the remainder of the network verifies it, that miner receives a reward.If another miner unearths the block before you, your result becomes void, referred to as a “stale block,” and you will need to begin anew with a fresh set of transactions for…