Tag: Digital

Bitpanda Enters UK Crypto Market With 600+ Digital Assets and Major Institutional Partnerships

Europe’s crypto momentum is exploding as the United Kingdom emerges as the next powerhouse for digital asset growth, with Bitpanda igniting a new wave of institutional and retail investment through its massive crypto offering and innovative UK expansion. Bitpanda’s UK Launch Highlights Growing Crypto Demand and Expanding Institutional Integration Institutional and retail enthusiasm for digital […] Source CryptoX Portal

Bitcoin Outflow Hits Galaxy Digital Wallets: 1,531 BTC Moved

boss

Mike Novogratz’s Galaxy Digital has moved more Bitcoin out of its wallets, stirring fresh debate about whether big players are selling or just handling client business. Related Reading According to on-chain trackers and posts shared by analytics firm CryptoQuant, a total of 1,531 BTC was recently transferred out of wallets linked to Galaxy. Galaxy’s Client Trades Galaxy acts as both a merchant bank and a trading desk for institutions, so large transfers don’t always mean the firm is cutting its own exposure. Reports have pointed out that Galaxy has executed…

Argentine Exchange Ripio Launches Digital Peso as Part of Latam’s Stablecoin Rollout

boss

Ripio stated that the Argentine peso stablecoin, wARS, would be available on Ethereum, World Chain, and Base, as a key element to expand the exchange’s infrastructure in Latam. It stated that additional local stablecoins would be launched to support several use cases using blockchain tech. Ripio Debuts Digital Peso in Argentina, Plans Local Currency Stablecoin […] Source

Australian Police Cracks Crypto Wallets, Recovers Over $7 Million in Illicit Digital Assets

Australian Federal Police (AFP) Commissioner Krissy Barrett announced that an agency data scientist successfully cracked two password-protected crypto wallets, recovering millions in digital assets linked to organized crime. The Challenge of the Criminal’s Wallet Australian Federal Police (AFP) Commissioner Krissy Barrett revealed on Oct. 29 that one of the agency’s data scientists has successfully cracked […] Source CryptoX Portal

Crypto Community Lashes Out as ECB Digital Euro Project Advances to Next Phase

Key Notes The digital euro pilot phase launches in 2027 with first issuance planned for 2029, subject to legal framework approval. Critics argue CBDCs enable government surveillance and financial control despite ECB claims about privacy protection and sovereignty. Community responses question the democratic legitimacy of the project, noting public consultations showed European opposition to CBDCs. The cryptocurrency community is pulling no punches in its continuing rebuke of the European Central Bank’s recently announced decision to advance its digital euro project to the next phase. The ECB recently updated its roadmap…

US Treasury’s Bessent Lauds Singapore’s Digital Asset Leadership at APEC

boss

US Treasury Secretary Scott Bessent praised Singapore’s leadership in stablecoin and digital asset adoption during a meeting with Prime Minister Lawrence Wong on Friday, according to an official readout from the US Department of the Treasury.  The discussion was held at the Asia-Pacific Economic Cooperation (APEC) 2025 summit in Gyeongju, South Korea, where world leaders are meeting to discuss global growth, energy security and technology. Bessent also told APEC leaders during the Economic Leaders’ Informal Dialogue that through their work with APEC economies, the US is “seeing record levels of…

Pave Bank Raises $39M For Traditional, Digital Finance Platform

boss

Fintech Pave Bank has raised $39 million in a Series A funding round led by venture capital firm Accel. The company offers programmable banking solutions for businesses, combining crypto and fiat services. The round included participation from Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, Yolo Investments, Kazea Capital, Financial Technology, and GC&H Investments, bringing the company’s total funding to about $45 million, according to the Economic Times. Founded in 2023 by fintech veterans Simon Vans-Colina, Salim Dhanani, and Dmitry Bocharov, Pave Bank provides institutional and corporate clients with both…

Galaxy Digital (GLXY) Price Targets Hiked Across Street Following Record 3Q Earnings

Galaxy Digital (GLXY) shares closed over 8% higher on Tuesday following blow-out Q3 earnings. The positive results prompted a number of brokers to raise their price targets on the stock. The company led by Mike Novogratz posted a record quarter, fueled by a massive $9 billion bitcoin BTC$108,132.89 trade linked to a Satoshi-era wallet, broker Cantor said in a research report Tuesday. The broker reiterated its overweight rating on Galaxy shares and raised its price target to $53 from $45, attributing the revision primarily to a higher valuation for the…

HIVE Digital Finalizes 100MW Hydroelectric Bitcoin Mining Expansion in Paraguay

Key Notes The expansion leverages power from Paraguay’s Itaipú Dam, positioning the site as the country’s largest renewable mining facility by 2026. Hive’s global hashrate has surged from 6 EH/s to nearly 22 EH/s in 2025, with plans to reach 25 EH/s by year-end. Despite operational momentum, Hive’s stock declined 3.58% on October 21 after a volatile month marked by a single-day 28% spike earlier in October. Hive Digital Technologies has finalized an agreement to build a 100-megawatt hydroelectric-powered data center at its Yguazú site in Paraguay, marking a key…

Galaxy Digital Q3 Profit Surges on Trading Boom

Galaxy Digital reported strong third-quarter earnings results, driven primarily by higher trading activity and continued expansion in asset management, signaling steady institutional interest in crypto-focused financial services. The company reported net income of $505 million for the quarter ending Sept. 30, with adjusted earnings of $629 million, boosted by record results in its digital asset operations and investment gains. Galaxy closed the quarter with $3.2 billion in equity, including $1.9 billion in cash and stablecoins. Galaxy’s Q3 2025 results. Source: Galaxy Trading volumes jumped 140% from the previous quarter, fueled…