πΊπΈ Galaxy Digital CEO Sees βCrypto Momentβ Unfolding
Galaxy Digitalβs Mike Novogratz says crypto is βhaving a moment,β with Bitcoin near record highs, stablecoin infrastructure booming, and Senate candidates backing proβcrypto legislation like the GENIUS and CLARITY Acts. He highlighted Galaxyβs Nasdaq listing and its major Texas dataβcenter initiative as signs of growing institutional momentum. Β
π¬π§ FCAβs ETN Plan Wonβt Immediately Boost UK Crypto
The UKβs FCA is moving to allow retail investors to buy crypto-linked ETNs, but experts warn this wonβt turn the UK into a crypto powerhouse. The plan may improve market access but lags compared to other European countries and lacks the explosive impact of U.S. Bitcoin ETF approvals. Consultation closes in July. Β
πΌ U.S. IPO Market ReboundsβCrypto Firms Could Follow
Following strong IPOs like Chimeβs 59% pop, U.S. listing activity is rebounding with $25β―B raised so far this year. Analysts predict this could lead to a wave of crypto exchanges and service providers going publicβtaking advantage of improved sentiment and market stability. Β
π΅οΈ Teen Spy Arrest Unveils Crypto-Funded Espionage Ring
A Canadian teen arrested for acting as a Russian spy reportedly used crypto wallets to launder money for espionage. The case reveals how intelligence services increasingly leverage cryptocurrencies for covert, cross-border operations hidden from traditional oversight.
