Crypto
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Yaël Bizouati-Kennedy

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.

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Yaël Bizouati-Kennedy
12/10/25
Bitcoin rebounds but FOMC will set tone for Santa rally

Bitcoin symbol
crypto
Sage D. Young

New bitcoin AfterDark ETF will be bitcoin at night, Treasurys by day

Tidal Trust II submitted form N-1A with the SEC to register a bitcoin ETF designed to systemically capture the cryptocurrency’s overnight return profile, a time window that delivered a significant portion of bitcoin’s upside last year.

The Nicholas Bitcoin and Treasuries AfterDark ETF provides long bitcoin exposure during US overnight hours, from the closing bell until the following morning’s market open, when the fund intends to unwind its positions, according to a document filed with the SEC on Tuesday. 

To gain that exposure, the ETF may use a number of methods, including bitcoin futures contracts, US-listed ETFs, or exchange-traded options on such bitcoin underlying funds. When the market is open and daytime trading is active, the fund’s portfolio will consist of US Treasury securities and other cash equivalents. 

In 2024, most of bitcoin’s gains occurred after-hours, senior Bloomberg ETF analyst Eric Balchunas reported:

The AfterDark ETF filing comes as bitcoin crossed $94,000 on Tuesday, rising 4.5% in the last 24 hours. Even though spot bitcoin ETFs saw nearly $60.5 million in outflows on Monday, the investment vehicles have a cumulative net inflow of $57.6 billion, per SoSoValue.

Yaël Bizouati-Kennedy
12/8/25
Bitcoin will “snapback or chop ahead of the Fed” decision

Traders on prediction markets are divided, giving an equal chance that bitcoin drops below $80,000 or rises above $100,000 this year.

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Yaël Bizouati-Kennedy
12/2/25
Legendary short seller James Chanos on the problem with Strategy’s business model

The noise has grown louder about Strategy being in trouble, but most experts think Strategy can weather the current bitcoin downturn, though one critic predicts this is “the beginning of the end.”

Bitcoin Conference Draws Cryptocurrency Fans To Miami
Sage D. Young
12/1/25
Ethereum spot ETFs post highest monthly outflow of $1.4 billion in November, breaking seven-month streak

Meanwhile, ethereum developers are preparing for the activation of Fusaka, the next network upgrade.

Man Reeling From Explosion

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