SharpLink posts record $751 million Q3 profit on unrealized ETH gains
SharpLink reported a $751.4 million net income for Q3, driven largely by unrealized Ether gains, yet its shares fell about 4% in pre‑market trading.
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SharpLink reported a $751.4 million net income for Q3, driven largely by unrealized Ether gains, yet its shares fell about 4% in pre‑market trading.
Large Bitcoin holders are increasingly swapping their self‑custodied coins for shares of BlackRock’s iShares Bitcoin Trust, citing kidnapping and hack threats.
Formation Securities has applied to the SEC for permission to open a Solana‑based exchange that would trade tokenized US equities around the clock, aiming for a 2027 debut.
Galaxy flags heightened regulatory scrutiny for crypto after Democrats win both chambers, noting limited legislative movement and continued agency rulemaking.
Mike Novogratz said he's buying more GLXY stock, citing on‑chain finance, AI demand and Galaxy's Texas projects as long‑term fundamentals.
MARA Holdings moved 1,650 BTC (~$132.8 million) to institutional platforms, prompting a 4% share decline as the miner’s on‑chain activity raises questions about its liquidity strategy.
Galaxy Digital analyst Alex Thorn argues that Bitcoin’s recovery of the 50-week moving average indicates a market bottom, citing historical patterns and current institutional positioning.