Digital Currency Group sues subsidiaries over $1.1B promissory note

This week, crypto funding surged with nearly $1.5 billion invested in 18 projects. Bullish, backed by Peter Thiel, made headlines with its $1.1 billion public sale on the NYSE, marking a significant moment for the industry.

Editor’s Note: The resurgence of crypto funding is a positive sign for the market, indicating renewed investor confidence. Bullish's successful IPO not only highlights the potential of crypto exchanges but also sets a precedent for future fundraising in the sector.

As the 2025 bull run approaches, five cryptocurrencies are highlighted for their potential to match or exceed the explosive growth seen with PEPE. Investors are optimistic about these tokens creating significant wealth.

Editor’s Note: This matters because the cryptocurrency market is known for its volatility and potential for high returns. Identifying promising tokens can help investors make informed decisions and capitalize on upcoming trends.

Galaxy Digital has secured a $1.4 billion loan to transform its Helios Bitcoin mining facility into an AI data center, partnering with CoreWeave Inc. This strategic move highlights the company's commitment to innovation in digital asset management.

Editor’s Note: This development is significant as it showcases the growing intersection of cryptocurrency and artificial intelligence. By repurposing the Helios facility, Galaxy Digital is not only adapting to market trends but also positioning itself at the forefront of technological advancements in the digital asset space.

Tether has successfully raised $165 billion as the stablecoin sector experiences significant growth, reaching a total market value of $273 billion.

Editor’s Note: This development highlights the increasing adoption and trust in stablecoins, which are crucial for the cryptocurrency market's stability and growth. Tether's success may encourage further investments and innovations in the sector.

While Shiba Inu and Pepe Coin are facing challenges in August, Remittix is experiencing significant growth, suggesting potential for future success.

Editor’s Note: This matters because it highlights the competitive landscape of cryptocurrencies, where some coins are thriving despite market pressures. Remittix's upward trajectory could attract investors looking for promising opportunities.