GALAXY DIGITAL PROFITS 30 MILLION USD AFTER LOSING 295 MILLION – PURCHASED AN ADDITIONAL 4,272 $BTC , INCREASING TOTAL HOLDINGS TO 17,102 BTC (VALUED AT 1.95 BILLION USD)
🔹 Reasons for Profit: - The value of assets on the balance sheet has increased - The global trading division operates efficiently
🔹 Galaxy has purchased an additional 4,272 BTC in Q2, increasing total holdings to 17,102 BTC (valued at approximately 1.95 billion USD)
🔹 The company's total digital assets reached 3.56 billion USD, including: - Bitcoin (accounting for over 50% of total value) - Ethereum ($ETH ), USDC, Solana ($SOL ), and XRP #btc #ETH #solana
⚡️ INSIGHT: 80,000 $BTC from eight Satoshi-era wallets moved on July 4, with each wallet transferring 10,000 $BTC , leading to speculation that quantum computing threats prompted the transfers. #btc #Satoshi
$AAVE $ENA Ethena Assets on Aave Reach ATH Thanks to "Liquid Leverage" Initiative
The total value of assets related to Ethena provided on Aave has reached a new all-time high (ATH) of 4.3 billion USD, following the official launch of the "Liquid Leverage" initiative.
This growth mainly comes from users rolling over from the PT-sUSDe-July market to PT-sUSDe-September, along with new capital inflows from both sUSDe and USDe, driven by the newly implemented incentive programs.
Currently, the PT-sUSDe-September market accounts for up to 50% of the total supply of sUSDe (~2.45 billion USD), of which 1.97 billion USD is being held on Aave. If we also consider the "pure" sUSDe positions on the platform, more than 64% of the total supply of sUSDe is currently deployed on Aave - reflecting an increasing level of integration between Ethena and the largest lending protocol in the crypto market.
Notably, on July 30, the highest daily net inflow of Ethena assets into Aave was recorded, which was 2.2 times the previous peak recorded on December 8, 2024.
ENA is quite strong, is there anyone holding this asset? #aave #ENA
The world's largest Bitcoin experiment and real-life lessons
In September 2021, the small country of El Salvador with a population of 6.3 million people in Central America suddenly became the focus of the whole world when it launched an unprecedented experiment: recognizing Bitcoin as legal tender.
President Nayib Bukele confidently declared he would turn the country into a "Bitcoin paradise", buying one Bitcoin each day, and even building a city dedicated to crypto.
👉 Four years later, reality shows that this story is not easy at all. So what happened to this bold experiment? We would love to hear your opinions! $BTC #btc #NayibBukele #ElSalvador
The market is adjusting deeply, while TRON is very strong as it has recently continuously received big news
After being listed on the Nasdaq, Tron Inc. has officially submitted a request to the SEC to issue 1 billion USD in securities to raise additional funds to acquire TRX.
The 1 billion USD in securities will include common stock, preferred stock, bonds, and warrants.
In the filing submitted to the SEC, Tron Inc. clearly stated that the purpose of the fundraising is to buy more TRX.
This means that Tron will both borrow, issue shares, and use excess cash to buy TRX. $TRX This strategy of Tron and brother @justinsuntron seems similar to the BTC accumulation strategy, will $TRX reach 1$ soon, guys?