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GLXY News8 articles
Stablecoin Bill Delay Creates Mixed Outlook for Crypto Stocks
The Senate's Friday agenda omits the CLARITY Act vote, delaying stablecoin regulation. Coinbase and Circle face divergent impacts, with Coinbase's stablecoin revenue at 23.9% of total.
Bitcoin Steadies Near $64K as Coldcard Flaw Triggers Wallet Migration
Bitcoin hovers near $64,000 as Coldcard exploit spurs defensive wallet moves; sub-1 BTC transfers hit 39,600 BTC, 24.8x theft tally, signaling custody migration.
Coinbase Surges 9.8% as Clarity Act Sparks Regulatory Optimism
Coinbase Global (NASDAQ:COIN) shares surged 9.8% to $176.11, driven by optimism over the Clarity Act's regulatory framework for digital assets.
Crypto-Backed Lending Revival: Wall Street Banks Lead as Bitcoin Nears $60K
Crypto-collateralized lending surged 49% year-over-year to $67 billion in Q1 2026, with Wall Street banks replacing failed crypto lenders. Bitcoin hovered near $59,400.
Galaxy Digital Surges on AI Data Center Value Shift
Galaxy Digital shares surged 23.6% to $31.07 after CEO Mike Novogratz stated its AI data center now represents over half the company's value, shifting focus from crypto.
Senate Banking Committee to Debate CLARITY Act as Crypto Regulation Nears Key Vote
The Senate Banking Committee begins debate on the CLARITY Act, a crypto market structure bill, with over 130 amendments filed. The bill's fate hinges on bipartisan support amid bank-crypto divisions.
Miner MARA Rises on Debt Buyback as Sector Diverges Amid AI Shift
Marathon Digital shares advanced following a $1 billion convertible note buyback funded by a bitcoin sale, contrasting with declines across several mining stocks as the industry grapples with rising costs and a strategic shift toward artificial intelligence.
Galaxy Payroll Surges Premarket Amid Dilution Fears
Galaxy Payroll Group stock soared over 330% in premarket trading with no company news, driven by a $200 million shelf registration that raises dilution fears.