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Galaxy Digital shares rise 18% after the company approved a $200 million buyback

Shares of Galaxy Digital ( GLXY ) rose 18% to $19.90 on Friday after the company approved a share buyback program of up to $200 million, giving it the authority to buy back its Class A stock over the next 12 months. The buybacks can be done through the open market, privately negotiated transactions or

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Bitcoin’s brutal crash just became a nightmare for the plan to put crypto in Americans’ pensions

Bitcoin’s 50% drop from its peak in October has done more than wipe out $2 trillion in market capitalization—it has reignited a fierce debate over the fiduciary governance of the U.S. pension system. As investors scramble to parse the causes of the latest crash, industry watchers are asking whether volatile digital assets have any business

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Ondo wants to rebuild prime brokerage on-chain – and perps is the first step

Latest developments: In an interview with CoinDesk Live from the Ondo Summit, Ondo President Ian de Bode says 2025 marked a breakout year for its core businesses. The firm is now a leading issuer of tokenized US Treasuries with more than $2 billion in total value locked up, according to president Ian De Bode. Its

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Sberbank moves toward crypto-backed lending as Russia clears up regulation

Russia’s largest bank, Sberbank, is moving towards offering loans secured in cryptocurrency and said on Friday that it is prepared to coordinate with the country’s central bank on the design of the necessary regulatory framework, according to Reuters. The lender has already tested the model in January. The bank issued the country’s first bitcoin-backed loan

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Crypto bottoms out as fundamentals diverge from price, says Bitwise

Bitwise argues that the crypto industry’s obsession with timing a market bottom overlooks a historical pattern where peak investor anxiety often signals the start of a recovery. Having navigated the winters of 2018 and 2022, the crypto asset manager suggested that the current “anxious feeling” in the market is a trailing indicator of historical recovery

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BTC Retraces $68,000 As Michael Saylor Addresses Quantum Computing Threat

Crypto markets add to overnight gains in US morning trading on Friday with bitcoin BTC$65,998.81 climbing above $68,000, up about 13% since hitting $60,000 late yesterday. Even with the rejection, bitcoin is still down 2% over the past 24 hours. Ether ETH$1,926.58 is lower with 3% and solana SUN$81.57 by 5%. Outperforming is XRP XRP$1.3696which

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