Galaxy Digital Holdings Ltd. (GLXY.TO)
- Bloomberg
A $2 Trillion Free-Fall Rattles Crypto to the Core
(Bloomberg) -- For a generation of alienated techies, crypto's all-for-one ethos was its biggest draw. Now panic is spreading across this universe — and that same ethos is posing what may be the biggest threat yet to its survival.Most Read from BloombergDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinThe Wheels Have Come Off Electric VehiclesSupreme Court Crimps Biden’s Climate Agenda With Limits on EPAStock Doomsayers Vindicated in Historic First Half: Markets WrapTrump’s Final Scene D
- Bloomberg
Almost $4 Billion in Bitcoin Miner Loans Are Coming Under Stress
(Bloomberg) -- The prolonged slump in Bitcoin is making it more difficult for some miners to repay the up to $4 billion in loans they have backed by their equipment, posing a potential risk to major crypto lenders.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightProtest Latest: NY, DC Marches Grow as Justice’s Home TargetedJustice Kavanaugh Says States May Not Bar Travel to Obtain an AbortionStocks Roar Back With Best Week in a Month: Markets WrapEnding Roe
- Bloomberg
Crypto Unicorns Are on Notice as VC Backers Gird for Slump
(Bloomberg) -- The crypto market’s recent crises are prompting some major soul-searching among a very important constituency: the venture capitalists who have pumped billions of dollars into the industry over the past two years.Most Read from BloombergThe World’s Bubbliest Housing Markets Are Flashing Warning SignsJuul Soon to Be Ordered Off the Market by FDA, WSJ ReportsElon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsPowell Says Soft Landing ‘Very Challenging;’ Recession Pos
