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Cracks in the Crypto Giants: $200M Galaxy Digital Blunder
Today's Market Overview, News and more.

🔥Heat Map:

🌍 Daily Crypto Market Overview
Global Stats:
Cryptocurrencies: 13.24M
Exchanges: 817
Market Cap: $2.65T ▼ 1.78%
24h Volume: $53.53B ▼ 9.47%
Bitcoin Dominance: 61.2%
Ethereum Dominance: 8.2%
ETH Gas Price: 0.58 Gwei
Fear & Greed Index: 24/100 (Fear)
🪙Top 5 Cryptocurrencies by Market Cap:
Name | Price | 24h Change | Market Cap | 24h Volume |
---|---|---|---|---|
Bitcoin (BTC) | $81,885.43 | - 1.70% | $1.62T | $17.02B |
Ethereum (ETH) | $1,812.76 | - 1.49% | $218.72B | $11.21B |
Tether (USDT) | $1.00 | + 0.04% | $143.96B | $41.32B |
BNB (BNB) | $602.31 | - 1.36% | $85.81B | $1.26B |
Solana (SOL) | $125.96 | - 0.26% | $64.53B | $1.82B |
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🚀 Trending on DexScan:
mubarak/WBNB — $0.05755 ▲ 16.81%
ETF500/SOL — $0.004311 ▲ 32.56%
TUT/WBNB — $0.039 ▲ 2.75%
FLOCK/WETH — $0.001192 ▲ 1.34%
DADDY/SOL — $0.03855 ▲ 3.96%
💹 Market Highlights:
Total DeFi Volume: $4.04B
Stablecoins Volume: $51.09B
Coin with highest % change: TREEINCAT ▲ 35.79%
📈 Preview On Today’s News:
- Cracks in the Crypto Giants: $200M Galaxy Digital Blunder
- TRON Skyrockets as Binance CEO Stirs Buzz Over Forbes Feature
- From Crypto to Cosmos: Bitcoin Tycoon Embarks on Space Voyage
Keep reading below for more!
Have you heard of The Elite Trade Club?
Today’s News:
1)
Cracks in the Crypto Giants: $200M Galaxy Digital Blunder Sparks Industry Reckoning
BitGo CEO Mike Belshe has publicly condemned Galaxy Digital’s $200 million settlement with the New York Attorney General over its involvement in promoting the failed Terra/LUNA project. Calling the move unethical and damaging to the entire industry, Belshe emphasized the urgent need for higher standards and greater transparency across crypto firms. The incident has ignited widespread calls for stricter oversight, with experts predicting new regulatory frameworks on the horizon. As scrutiny intensifies, this moment could reshape how crypto businesses operate and maintain public trust.
BitGo CEO labeled Galaxy Digital’s $200M settlement over Terra/LUNA as unethical, calling for industry-wide transparency and higher ethical standards.
The scandal has triggered rising demands for regulation and could lead to stricter compliance expectations across the crypto sector.
2)
TRON Skyrockets as Binance CEO Stirs Buzz Over Forbes Feature
TRON (TRX) saw a 25% price jump and a $2.75 billion rise in market cap following a Forbes cover feature on founder Sun Yuchen. Binance CEO Changpeng Zhao reacted publicly to the article, hinting at a critical tone, which added fuel to the media spotlight. The increased attention sparked significant trading activity and boosted Total Value Locked (TVL) in TRON-based projects by 10%. Sun's appearance as only the second Chinese entrepreneur on Forbes’ English cover—after Jack Ma—has amplified TRON’s global recognition, but experts warn it may also attract regulatory scrutiny.
TRON surged 25% in price and gained $2.75B in market cap following Sun Yuchen’s Forbes feature, with Binance CEO Zhao commenting on the article’s critical tone.
Experts highlight possible regulatory implications as TRON’s visibility grows, with a 10% rise in TVL and increased trading volumes.
3)
From Crypto to Cosmos: Bitcoin Tycoon Embarks on Space Voyage
Chun Wang, co-founder of Bitcoin mining giant F2Pool, is set to make history as the first Maltese astronaut by joining a four-day space mission aboard SpaceX's Crew Dragon capsule. Launching from Florida, the mission—dubbed Fram2—will become the first human spaceflight to explore Earth’s polar regions. Funded personally by Wang, who amassed a fortune mining Bitcoin in its early days, the voyage will feature over 20 scientific experiments, including the first medical X-ray of the human body in space and an attempt to grow mushrooms in microgravity. This mission not only marks a personal milestone for Wang but also highlights the growing intersection of crypto wealth and frontier science.
F2Pool co-founder and early Bitcoin miner Chun Wang is funding and joining the historic Fram2 space mission, set to explore Earth’s poles and conduct pioneering experiments.
The mission will feature first-time astronauts aboard SpaceX’s Crew Dragon, aiming to advance long-range space exploration and biomedical research in microgravity.
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This newsletter (Hodl Topic, hodltopic.com) is based on our data and opinions, provided solely for informational purposes. It does not constitute financial advice. Cryptocurrency investments involve significant risks, so it’s essential to conduct thorough research and consult a qualified financial advisor before making any investment decisions. We are not liable for any financial gains or losses resulting from the use of this information.