crypto

Yaël Bizouati-Kennedy4/23/25

CoreWeave surges as deal with Galaxy Digital is announced

CoreWeave shares are having another good day after the recently-IPO’d firm was rated a “buy” from Bank of America yesterday. Today the stock continues to soar, aided by news of a deal with Galaxy Digital Holdings, under which Galaxy will host “additional artificial intelligence and high-performance computing infrastructure at Helios Data Center Campus.”

Galaxy purchased the Helios data center in Texas in December 2022 from Argo Blockchain, according to the release.

“This Phase II commitment with CoreWeave marks another major step in Galaxy’s evolution as a trusted partner for the next generation of data center infrastructure,” Mike Novogratz, founder and CEO of Galaxy, said.

Galaxy Announces Commitment with CoreWeave to Host Additional Artificial Intelligence and High-Performance Computing Infrastructure at Helios Data Center Campus

Galaxy purchased the Helios data center in Texas in December 2022 from Argo Blockchain, according to the release.

“This Phase II commitment with CoreWeave marks another major step in Galaxy’s evolution as a trusted partner for the next generation of data center infrastructure,” Mike Novogratz, founder and CEO of Galaxy, said.

More Crypto

Polar Bear on Iceberg

Crypto altcoin pain deepens as red monthly candles continue to stack up

XRP, solana, and dogecoin haven’t posted a positive monthly return since September, while ethereum is on track to have its fifth consecutive monthly red candle.

Sage D. Young16h

Yaël Bizouati-Kennedy

Bitcoin down for fourth consecutive month, its longest losing streak since 2018

Bitcoin also suffered roughly $800 million in liquidations and ETF outflows in the past 24 hours.

Bitcoin Surges To New Record Highs On Trump Victory

Solana has tanked since spot solana ETFs launched, despite the funds only recording positive flows to date

Solana’s ETF inflows are a supportive signal, but they aren’t the marginal price setter for the token, one expert explained.

sun sun sun

Yaël Bizouati-Kennedy

Bitcoin falls to lowest level since November as long-term holders accelerate selling

A majority of bitcoin investors are officially underwater and the asset’s continued fall “could intensify selling pressure as investors attempt to limit losses.”

Bitcoin ice carving

crypto

Sage D. Young1/28/26

Ripple launches treasury platform to manage cash and cryptocurrencies

Ripple, the firm closely tied to the fifth-largest cryptocurrency, XRP, introduced a new treasury platform for digital asset and traditional cash management for users like financial officers, treasurers, and accountants.

Ripple’s move comes more than three months after it acquired treasury software provider GTreasury for $1 billion, one of several steps to grow the firm’s position in corporate finance.

Combining Ripple’s blockchain rails and GTreasury’s software, the new platform’s goal is to simplify treasury operations. It eliminates settlement delays with payment times of three to five seconds and optimizes yield from working capital 24/7 through tokenized money market funds such as BlackRock’s BUIDL and overnight secure repo markets with RLUSD, according to a Tuesday blog post.

Ripple Treasury also aims to provide “real-time cash positions, automated forecasting, and seamless reporting across traditional cash, digital assets, RLUSD, and XRP holdings,” the blog post stated.

Last year, Ripple filed its national banking license application with the US Office of the Comptroller of the Currency, while the firm’s subsidiary Standard Custody & Trust Company applied for a Federal Reserve master account, which would allow Ripple to hold RLUSD reserves directly with the Fed.

XRP has seen $2.4 billion in trading volume in the last 24 hours, increasing 1.8% in the period. The token’s all-time high was set in July 2025 at $3.65. Meanwhile, spot XRP ETFs had nearly $9.2 million worth of inflows on Tuesday, bringing cumulative inflows to $1.4 billion.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.

©2026 Sherwood Media, LLC