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Galaxy Plans $100M Hedge Fund for Long and Short Crypto Bets
Galaxy is preparing to launch a $100 million hedge fund designed to profit from both rising and falling crypto prices across digital assets and related equities.
Galaxy is set to launch a $100 million hedge fund in the first quarter, targeting opportunities across both rising and falling cryptocurrency prices. The strategy will take long and short positions in digital assets as well as traditional equities linked to financial infrastructure.
Up to 30% of the fund’s capital will be allocated directly to crypto tokens, with the remainder invested in financial services stocks affected by regulation, blockchain adoption, and technology trends. The fund has secured $100 million in commitments from family offices, high-net-worth individuals, and select institutional investors, with Galaxy expected to provide a seed investment.
The initiative comes as crypto markets show increased volatility following a recent pullback from prior highs. Galaxy executives have characterized the environment as shifting away from an up-only cycle, reinforcing demand for more flexible trading strategies that can adapt to changing macro and regulatory conditions.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Nansen Launches AI Trading Tools on Base and Solana
Nansen has introduced AI-driven crypto trading tools that allow users to execute trades through natural language prompts on Base and Solana.
Nansen has launched AI-powered crypto trading tools that allow users to execute transactions using natural language commands, marking its expansion from onchain analytics into trade execution. The tools are available through Nansen’s mobile app and replace traditional charts and order books with conversational prompts, targeting retail users seeking simplified market access.
The initial rollout supports trading on the Base and Solana blockchains. The AI system analyzes onchain data from Nansen’s proprietary database to generate insights before executing trades, while users retain final decision-making control. Trade execution is handled through the embedded Nansen Wallet and supported by integrations with liquidity and cross-chain infrastructure providers.
The launch reflects broader industry efforts to integrate AI into crypto trading workflows, lowering technical barriers while raising new considerations around automation and user responsibility. Nansen said access will be restricted in certain jurisdictions due to regulatory requirements, underscoring the evolving compliance landscape for AI-enabled financial tools.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Massachusetts Judge Bars Kalshi from Offering Sports Bets
A Massachusetts court granted a preliminary injunction blocking prediction-market operator Kalshi from offering sports bets to state residents without a gaming license.
A Massachusetts judge on January 20 granted a preliminary injunction barring prediction-markets operator Kalshi from offering sports betting to residents of the state, concluding that its event contracts fall under state gambling laws. Suffolk County Superior Court Judge Christopher Barry-Smith approved the injunction at the request of Massachusetts Attorney General Andrea Joy Campbell, who alleged the platform was offering illegal sports wagering without the required license from the Massachusetts Gaming Commission. The court action represents a significant legal setback for Kalshi’s products in at least one major US market.
Kalshi has marketed its sports-related event contracts as prediction market offerings regulated federally by the US Commodity Futures Trading Commission. However, the judge rejected this defense and found that state gaming laws still apply to such services absent explicit preemption. The ruling underscored that Kalshi continued to operate in Massachusetts, knowing its model could conflict with local enforcement regimes, yet did so without securing a state license.
The decision could have implications beyond Massachusetts, as other states weigh legal and regulatory responses to prediction markets that resemble gambling. Kalshi faces similar legal challenges in multiple jurisdictions where regulators have argued the products constitute unlicensed betting. A hearing is scheduled to determine how the injunction will be implemented and whether it may be stayed pending appeal.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
White Whale Memecoin Slides 60% after Dump by Large Holders
Solana-based meme coin White Whale fell 60% within minutes after large holders sold $1.3 million in tokens, sparking rug pull accusations across the market.
White Whale, a Solana-based memecoin launched three months ago on Pump.fun, plunged roughly 60% within minutes on Monday following a sudden sell-off by large holders. Onchain data indicates the largest wallet offloaded about $1.3 million worth of tokens, triggering sharp losses and fueling accusations of a coordinated rug pull.
Blockchain analysts flagged that at least one early participant realized significant gains. One trader reportedly acquired a sizable position for a minimal initial cost before selling a portion during peak trading, contributing to the rapid decline. Despite the crash, some large wallets continue to hold substantial balances, suggesting incomplete liquidation.
The episode comes amid heightened scrutiny of memecoin sustainability as market conditions remain volatile. While White Whale has since partially rebounded, the incident underscores structural risks in thinly traded tokens and reflects broader concerns about liquidity events and investor protections in the memecoin sector.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Spot Bitcoin ETFs See $395M Outflows amid Trade Tensions
US spot Bitcoin ETFs returned to net outflows as geopolitical uncertainty tied to US-EU trade tensions weighed on crypto markets.
US spot Bitcoin exchange-traded funds posted net outflows of $394.7 million on January 16, reversing a four-day inflow streak as broader crypto markets weakened. Data shows Fidelity’s FBTC led the withdrawals, while Grayscale, Bitwise, and Ark and 21Shares products also saw significant redemptions, partially offset by modest inflows into BlackRock’s IBIT.
The shift followed reports of escalating trade tensions between the United States and the European Union after comments from President Donald Trump regarding potential tariffs linked to Greenland. The geopolitical backdrop added pressure to bitcoin, which fell from recent highs above $95,000 and extended losses into the weekend amid reduced risk appetite.
Market participants also pointed to domestic policy uncertainty after delays to US crypto market structure legislation. While other crypto ETFs showed mixed flows, analysts said macro and political risks continue to shape short-term sentiment across digital asset markets.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Makina Finance Hit by $5M Stablecoin Pool Exploit
Blockchain security firm CertiK flagged a suspected exploit at Makina Finance that drained roughly $5 million from a stablecoin pool using a large flash loan.
Decentralized finance protocol Makina Finance was flagged for a suspected exploit that drained approximately $5 million from a stablecoin liquidity pool, according to blockchain security firm CertiK. The attacker reportedly used a 280 million USDC flash loan to manipulate an oracle tied to the protocol’s DUSD and USDC pool, allowing assets to be extracted in a single transaction sequence.
Makina Finance, which launched in early 2025 and markets itself as an institutional-grade DeFi execution engine, currently holds just over $100 million in total value locked. Security firms provided varying estimates of the losses, while CertiK noted that a large portion of the funds were ultimately captured by an MEV builder rather than remaining under direct attacker control.
The Makina team has not formally confirmed the exploit, stating only that it is investigating a potential incident and advising liquidity providers to withdraw from affected pools. The episode adds to ongoing concerns around DeFi security following billions of dollars in crypto theft reported across the sector in 2025.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Satoshi-Era Wallet Moves $85M in Bitcoin
A long-dormant Bitcoin wallet from the Satoshi era moved more than $85 million in BTC after 13 years, drawing attention from onchain analysts.
A Satoshi-era Bitcoin wallet became active after more than 13 years, transferring its full balance of 909.38 BTC, now valued at roughly $85 million, to a new address. Onchain data shows the wallet first received Bitcoin in 2013, when prices were below $7, underscoring the scale of long-term appreciation.
The transfer adds to a broader pattern of older Bitcoin wallets resurfacing over the past two years, as early holders move coins for custody changes, security updates, or potential liquidation. Analysts note that such movements do not necessarily signal selling, but they are closely monitored for signs of exchange deposits.
The renewed activity also comes amid growing discussion around long-term security risks, including future quantum computing threats to older Bitcoin outputs. While practical risks remain distant, some early holders may be proactively reorganizing funds using newer wallet structures.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Pendle Replaces vePENDLE with Liquid Governance Token
DeFi protocol Pendle is phasing out its vePENDLE governance token in favor of a new liquid model, citing complexity and low user adoption despite protocol growth.
DeFi yield trading protocol Pendle said it will begin phasing out its vePENDLE governance token this month, replacing it with a new liquid token called sPENDLE. The change marks a shift in Pendle’s tokenomics as the platform seeks to address low participation tied to long lockups and complex governance mechanics.
According to the team, vePENDLE’s non-transferable design and extended lockup periods limited flexibility and interoperability, creating barriers for most users. While Pendle’s total value locked has grown to nearly $3.5 billion, governance participation remained concentrated among a small group of advanced users. The new sPENDLE token introduces a 14-day withdrawal period and can be integrated across other DeFi platforms.
Pendle said the revised governance model will reduce the need for frequent voting while maintaining incentives through protocol fee distribution. The update reflects a broader trend among DeFi protocols toward liquid governance structures designed to balance decentralization with usability.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Hong Kong Crypto Firms Flag Risks in CARF Tax Rollout
Hong Kong crypto firms warn that strict implementation of global CARF tax rules could create operational strain and weaken the city’s competitiveness.
Hong Kong’s crypto industry is raising concerns over the planned adoption of the OECD’s Crypto-Asset Reporting Framework, warning that the rules could have unintended consequences if applied rigidly. While firms broadly support tax transparency, industry groups say the framework’s design may strain local operators.
In a recent submission to the Financial Services and the Treasury Bureau, the Hong Kong Securities and Futures Professionals Association highlighted risks tied to data collection, record retention, and legal exposure. Firms cautioned that collecting information on non-reportable clients could conflict with local privacy laws, while extended record-keeping requirements could place personal liability on former executives after a company dissolves.
Penalties are another focal point. Industry representatives warned that uncapped fines calculated on a per-account basis could escalate rapidly due to technical or reporting errors. Firms also flagged tight filing deadlines and limited automation options as operational challenges. Regulators are expected to finalize legislative amendments in 2026 as Hong Kong prepares for data exchange under CARF by 2028.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Privacy Coins Rise as Broader Crypto Market Slips
Privacy-focused cryptocurrencies, including Monero and Dash, posted gains despite a broad crypto sell-off, as investors shifted toward defensive assets.
Privacy-focused cryptocurrencies outperformed the broader digital asset market as prices fell across major tokens. Monero (XMR), Dash, and Dusk recorded gains over the past 24 hours even as Bitcoin (BTC) and most altcoins declined, triggering widespread liquidations and highlighting a divergence in market behavior.
Market participants attributed part of the move to short-term technical factors, including elevated transaction volumes in relatively thin markets. Analysts also pointed to reports of illicit Bitcoin flows being converted into Monero, which can temporarily amplify price action. However, industry executives emphasized that the rally reflects more than isolated catalysts.
The stronger performance of privacy coins aligns with a broader reassessment of their role amid rising regulatory scrutiny, expanded onchain surveillance, and geopolitical uncertainty. As public blockchains become more transparent through institutional adoption and compliance tooling, privacy-focused assets are increasingly viewed as portfolio hedges rather than speculative trades.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Bybit EU Adds Bitcoin Cashback to Payment Card
Bybit EU has launched Bitcoin cashback for its payment card, allowing users to earn BTC on everyday spending under a regulated European framework.
Bybit EU has introduced Bitcoin cashback on its Bybit Card, enabling eligible users to earn rewards in BTC on everyday purchases. The feature allows cardholders to receive between 2% and 10% cashback, depending on their rewards tier, with earnings credited daily to users’ funding accounts.
The Bybit Card is available across the European Economic Area and operates on the Mastercard network, with support for digital wallets and optional physical cards. Users can choose to receive rewards in either Bitcoin or USDC, without changing how cashback is calculated. Bybit EU said the program is designed to offer gradual crypto exposure through routine spending rather than active trading.
The rollout reflects a broader industry push to integrate crypto rewards into traditional payment products under clearer regulatory frameworks. Bybit EU operates as a licensed crypto-asset service provider under the EU’s Markets in Crypto-Assets (MiCA) regulation, positioning the product within Europe’s evolving digital asset compliance landscape.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
South Korea Uncovers $100M Crypto Remittance Ring
South Korean authorities charged three suspects over an underground remittance network that moved more than $100 million using WeChat Pay, Alipay, and cryptocurrencies.
South Korea’s Korea Customs Service has uncovered an underground remittance operation that allegedly moved more than 150 billion won, or roughly $100 million, through cryptocurrencies. Authorities have referred three suspects for prosecution for violating the Foreign Exchange Transaction Act, according to local media reports. The scheme is said to have operated for nearly four years.
Investigators allege the group collected funds through WeChat Pay and Alipay, converted the proceeds into digital assets via overseas exchanges, and transferred them into South Korean wallets before converting them back into local currency. The transactions were reportedly disguised as legitimate payments, including education fees and medical expenses.
The case underscores the growing complexity of tracking cross-border financial crime involving digital assets. It also comes as South Korea moves to tighten anti-money laundering controls, including expanding Travel Rule requirements and lowering reporting thresholds to curb illicit crypto-linked transfers.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
NYSE Builds 24/7 Blockchain Platform for Tokenized Stocks
The New York Stock Exchange is developing a 24/7 blockchain-based trading platform for tokenized stocks and ETFs, pending regulatory approval.
The New York Stock Exchange (NYSE) and parent company Intercontinental Exchange (ICE) are developing a new blockchain-based trading platform designed to support tokenized stocks and exchange-traded funds. The system would enable 24/7 trading and near-instant settlement, subject to approval from US regulators. It combines the NYSE’s Pillar matching engine with blockchain-based post-trade infrastructure and multi-chain custody support.
The initiative reflects growing institutional interest in modernizing market infrastructure as demand for continuous access to US equities rises globally. Under the proposal, trades could settle in real time using stablecoins, moving away from the current one-day settlement cycle. Nasdaq and other exchanges have also explored extended trading hours, signaling broader competitive pressure among major venues.
For ICE, the platform fits into a wider digital asset strategy that includes tokenized collateral and blockchain-enabled clearing. While the project remains exploratory, it highlights how traditional exchanges are positioning themselves for the gradual adoption of on-chain market structures within existing regulatory frameworks.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Michael Saylor Defends Bitcoin Treasury Strategy
Strategy chairman Michael Saylor pushed back against criticism of companies using equity or debt to add Bitcoin to their balance sheets.
Strategy chairman Michael Saylor defended Bitcoin treasury companies during a recent appearance on the What Bitcoin Did podcast, responding to criticism of firms issuing equity or debt to buy Bitcoin. Saylor framed the decision as a capital allocation choice, arguing that holding Bitcoin can be more effective than keeping excess cash in low-yield Treasurys or conducting share buybacks.
He rejected the idea that smaller or unprofitable companies should face heightened scrutiny, noting that balance sheet performance should be evaluated holistically. According to Saylor, Bitcoin gains can offset weak operating results, improving a company’s overall financial position even when core operations remain unprofitable.
Saylor also said companies holding Bitcoin are often judged more harshly than those avoiding the asset altogether. His comments come as corporate Bitcoin adoption has grown, with publicly listed companies collectively holding more than one million BTC, though ownership remains concentrated among a small group of firms.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Newrez to Accept Crypto Holdings in Mortgage Approval
US mortgage lender Newrez will allow borrowers to use certain cryptocurrency holdings in mortgage underwriting without requiring liquidation.
US lender Newrez said it will begin treating eligible cryptocurrency holdings as qualifying assets in its mortgage underwriting process. The policy is set to take effect in February and will apply across the firm’s non-agency mortgage products, including home purchases, refinancings, and investment properties.
At launch, Newrez will recognize Bitcoin, Ether, spot exchange-traded funds backed by those assets, and US dollar-backed stablecoins. Assets must be held with US-regulated exchanges, brokerages, fintech platforms, or nationally chartered banks, and valuations may be adjusted to reflect crypto market volatility. Borrowers will still be required to make payments and cover closing costs in US dollars.
The move comes amid broader regulatory and industry discussions around digital assets in housing finance. US policymakers have explored whether crypto holdings should factor into mortgage risk assessments, particularly as younger borrowers increasingly hold wealth in digital assets rather than traditional investments.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.