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Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama

Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama

1 month ago by Crypto InsightsCrypto

Crypto’s $193 million campaign-finance force, the Fairshake political action committee, is launching into congressional midterm season with a massive $5 million injection into the Republican primary campaign of Barry Moore, a U.S. congressman now running for Senate. One of Fairshake’s affiliates, Defend American Jobs, is… Read More

MSTR purchased $90 million of bitcoin last week

MSTR purchased $90 million of bitcoin last week

1 month ago by Crypto InsightsCrypto

Strategy (MSTR) added to its bitcoin BTC$68,765.15 holdings, but appears to have made all its purchases before the deep price plunge in the back half of the week. Led by Executive Chairman Michael Saylor, the company added 1,142 bitcoin for $90 million, or an average… Read More

Ether’s crash leaves $686 million gaping hole in trading firm’s book

Ether’s crash leaves $686 million gaping hole in trading firm’s book

1 month ago by Crypto InsightsCrypto

An ether ETH$2,026.32 bull was caught leaning hard into the upside this week as the cryptocurrency tanked, turning the whale bet into a multi-million dollar horror story. That bull is Trend Research, a trading firm headed by Liquid Capital founder Jack Yi. The firm spent… Read More

Galaxy Digital shares jump 18% after company approves $200 million buyback

Galaxy Digital shares jump 18% after company approves $200 million buyback

1 month ago by Crypto InsightsCrypto

Shares of Galaxy Digital (GLXY) jumped 18% to $19.90 on Friday after the company approved a share repurchase program of up to $200 million, giving it authority to buy back its Class A common stock over the next 12 months. The buybacks may be executed… Read More

Jupiter brings Polymarket to Solana and lands $35 million investment deal

Jupiter brings Polymarket to Solana and lands $35 million investment deal

2 months ago by Crypto InsightsCrypto

Solana-based decentralized excange Jupiter said it will bring Polymarket to the network for the first time, rolling out an integration that it pitched as a push to make Jupiter a fuller on-chain predictions hub. “For the first time, Polymarket is coming to Solana. On Jupiter,”… Read More

One trader just lost $220 million as ETH plunged 10%

One trader just lost $220 million as ETH plunged 10%

2 months ago by Crypto InsightsCrypto

One trader lost more than $220 million on an ether position as a fresh wave of forced liquidations swept through crypto markets, pushing total losses over the past 24 hours to nearly $2.6 billion. The largest single liquidation occurred on decentralized derivatives exchange Hyperliquid, where… Read More

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