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๐ Galaxy Digital's Bull Case Isnโt Bitcoin โ Itโs AI Data Centers! ๐ง โก ๐ข Rittenhouse Research just rated $GLXY a STRONG BUY, and hereโs why itโs not about BTC mining anymoreโฆ ๐ก The AI Pivot: Galaxyโs 2022 acquisition of the Helios data center โ originally for BTC mining โ has turned into a goldmine for AI infrastructure. ๐ Key Highlights: โ Galaxy has fully exited Bitcoin mining. ๐ข Focus is now on AI data centers with long-term, stable cash flow. ๐ธ CoreWeave lease adds credibility despite investor concerns. ๐ผ Backed by a strong balance sheet: $1.8B in net cash + investments. ๐ Transition mirrors broader industry move from mining โ cloud/AI compute. ๐ BTC mining: volatile, high capex, halving risk ๐ AI hosting: steady revenue, hyperscaler leases, lower risk ๐ฎ โGalaxy stumbled into Helios, but this might be cryptoโs smartest pivot yet.โ โ Rittenhouse Research ๐ฃ TLDR: The real value in crypto infra may not be mining BTC, but powering AI. And Galaxy is all-in. #Aฤฐ #GalaxyDigital #GLXY #CryptoPivot #BitcoinMining
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๐ผ Metaplanet Scoops Up 1,004 More BTC โ Now Holds Over $800M in Bitcoin! ๐ ๐ Tokyo-based investment giant Metaplanet has added another 1,004 BTC to its treasury, investing $104.3M at an average price of $103,873 per BTC. ๐ New Holdings Breakdown: ๐ช Total BTC: 7,800 ๐ฐ Current Valuation: ~$806M ๐ฏ Target: 10,000 BTC by EOY 2025 ๐ต Strategy: Funded via bond sales โ 15th issuance raised $15M ๐ง Inspired by MicroStrategy, Metaplanet began its Bitcoin accumulation in April 2024 and hasnโt looked back. The firm now boasts an average purchase price of $91,300 per BTC. ๐ With BTC hovering near its ATH (~$103,343), this move signals continued institutional confidence amid a recovering macro environment. ๐ Eyes now on Metaplanetโs next move as they close in on the 10K BTC milestone. $BTC #Bitcoin #BTC #Metaplanet #InstitutionalAdoption #BinanceSquare
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Latest Crypto News Binance, Kraken Thwarted Social Engineering Attacks Similar to Coinbase Hack Attackers reportedly tried bribing support agents, but Binance and Krakenโs internal systems blocked the attempts.
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๐ Dogecoin Whales Accumulate 1B DOGE โ Bull Flag Pattern Points to $0.35? ๐ Despite recent 4.3% price swings, Dogecoin holds strong at $0.212, signaling growing confidence among major players. ๐ Over 1 billion DOGE has been accumulated by whales in the past month, bringing total holdings to 25.97B DOGE! Key Highlights: โ 24h Price Gain: +0.5%, closing at $0.2194 โ Support Zone: $0.212 confirmed on high-volume rebounds โ Whale Accumulation: 1B DOGE added in 30 days โ Bull Flag Pattern: Potential breakout target around $0.35 ๐ DOGE shows an ascending pattern with higher lows, testing resistance at $0.217-$0.220. Volume surges at key intervals (13:00, 22:00, 02:01) indicate strong buyer presence. Futures markets remain neutral โ a bullish signal suggesting more room for growth ๐ ๐ Despite economic uncertainty, DOGE continues to defy gravity with solid technical support and growing whale interest. Keep your eyes on the $0.215โ$0.220 range. A breakout here could ignite a strong upward move. ๐ $DOGE #DOGE #CryptoNews #BinanceSquare #Altcoin #CryptoTrading
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๐ XRP Rebounds with V-Shaped Recovery โ Eyes on $3.40 Target ๐ XRP has bounced back strongly after a sharp sell-off, now trading near $2.40 with solid support at $2.32-$2.35. A V-shaped recovery pattern is in play, with bullish momentum building. ๐ฅ Key Highlights: โ 24h Gain: +0.78%, closing at $2.3979 โ Strong Support: $2.32 held firm on high volume โ Resistance Tested: $2.39 during early sessions โ Open Interest: Surged 53% to $5.06B, signaling bullish sentiment โ Target Levels: $3.33 to $3.40 (with upside to $5.86) ๐ Technical Indicators point to a bullish breakout. Buyers are stepping in aggressively, forming higher lows and pushing the price upward. As global tensions and regulatory developments unfold, XRP is showing remarkable resilience. ๐ Watch $2.35โ$2.40 support closely. If maintained, we could see XRP push toward $3.40 in the near term. $XRP #XRP #CryptoNews #BinanceSquare #XRPPrice #Altcoins
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Latest News
UK Introduces New Crypto Reporting Guidelines to Enhance Transparency
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Panama City Mayor Considers Bitcoin Reserve Following Meeting with El Salvador Officials
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Binance Introduces EOS Trade Sharing Challenge with $5,000 Reward Pool
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Galaxy Digital's Strategic Shift to AI Data Centers Gains Strong Buy Rating
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Ripple Partners with UAE's Zand Bank and Mamo for Blockchain Payments
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