News linked to both this project and an event.
Bybit has announced the launch of a new rewards program, Bybit Galaxy, which for the first time unifies diverse interactions across the exchange into a single reward system. This encompasses multiple segments including trading, wealth management, fiat, payments, and interactive tasks, shifting the reward focus from trading volume to the entire platform product line.Users can earn Galaxy Points in two ways:Bybit users can earn Galaxy Points through the following two methods:1. Accumulate points by trading designated Galaxy trading pairs. Points are calculated based on effective trading volume, with a minimum starting threshold of $2.2. Complete daily tasks, which involve seven Bybit products: Wealth Management, Fiat, Lending, TradFi, Alpha, Bybit Card, and Bybit Pay.Users can start earning points upon their first visit to the Bybit Galaxy page, with no registration required. They can continue to climb the leaderboard through trading, borrowing, depositing, spending, and staking.Points can only be redeemed via the prize pool. The effective points threshold will be dynamically generated based on the value of each prize pool.The event begins on July 27, 2026, at 10:00 (UTC).
Odaily reports, according to on-chain analyst Yu Jin's monitoring, Arthur Hayes spent 6.32 million USDC through FalconX and Galaxy Digital to purchase 3,298 ETH via OTC 2 hours ago. Since July 15, Arthur Hayes (0x6cd...7e21) has cumulatively spent 13.82 million USDC to buy 7,212.6 ETH at an average price of $1,916.
according to Onchain Lens monitoring, BitMEX founder Arthur Hayes (0x6cd...7e21) has received 5 million USDC from Galaxy Digital OTC Desk.
Odaily Planet Daily reported that according to Lookonchain monitoring, a whale, after 3 months of inactivity, bought 27,000 ETH worth $52.03 million through Galaxy Digital OTC 4 hours ago.
Odaily reports, monitored by Onchain Lens, a new wallet withdrew 74,900 HYPE worth approximately $4.39 million from Galaxy Digital and transferred it to Coinbase, presumably for sale.
: According to on-chain analyst Ember's monitoring, an address suspected to be associated with Multicoin Capital (0xaB3...297) is selling 607,000 HYPE, worth $37 million; 4 hours ago, it transferred 395,000 HYPE to Coinbase and requested the redemption of 211,000 HYPE staked on Hyperliquid. These HYPE tokens were purchased 5 months ago via Galaxy Digital OTC at a price of $30. Of these, 210,000 HYPE were deposited into staking, while 395,000 HYPE remained in the wallet. Based on the current HYPE price of $61, its profit stands at $18.8 million.
According to Ember monitoring, a whale or institution allegedly sold 30,000 ETH over-the-counter (OTC) through Galaxy Digital at a price of $1,833, worth approximately $55 million.The address transferred 30,000 ETH to the Galaxy Digital OTC wallet 7 hours ago. About 3 hours later, it received 55 million USDC, with the transaction price being approximately $1,833/ETH.
: According to Onchain Lens monitoring, a whale that purchased over $290 million worth of Bitcoin through Galaxy Digital last year has become active again. The wallet just received 1,001 BTC, valued at approximately $64 million.
According to Onchain Lens monitoring, a whale sold 30,000 ETH through Galaxy Digital OTC, exchanging them for 55 million USDC, and subsequently deposited the funds into Coinbase.
According to Onchain Lens monitoring, a wallet address associated with Lombard Finance transferred 750 Bitcoins to Galaxy Digital, valued at approximately $47.8 million; this transaction may be related to OTC trading.
A Bitcoin wallet that had been untouched since the end of 2017 transferred 5,907.56 BTC, valued at approximately $384 million, on Thursday, moving the funds to a new address. Data from Galaxy Research shows that these BTC were originally received on December 14, 2017, and were transferred in Bitcoin block 958217, around 00:15 UTC. The firm estimates that the position has appreciated by approximately $286 million compared to an average purchase price of around $17,000, representing a gain of 291%. The funds were transferred to a previously unidentified wallet, not a known exchange deposit address, and on-chain information does not indicate that the holder has sold the Bitcoin. This transfer also migrated the BTC from a legacy address starting with "1" to a newer bc1q address format.
according to Onchain Lens monitoring, Arthur Hayes received 646.33 ETH worth $1.24 million from Galaxy Digital (@galaxyhq). A few minutes ago, he transferred 1.25 million USDC to FalconX, which may be part of the same settlement process.
According to a post by Alex Thorn (@intangiblecoins), Head of Research at Galaxy Research, metrics related to Bitcoin long-term holders have all reached all-time highs: Supply held for ≥10 years accounts for 17.7% Long-term holder holdings reach 16.75 million coins Long-term holder Realized Market Cap reaches $836.4 billion Long-term holder average cost basis reaches $50,000 The above data indicates that a large amount of holdings are firmly locked by long-term holders; even though the average price has reached $50,000, they refuse to sell. The market's actual circulating supply continues to tighten, and long-term holder behavior is building solid bottom support for Bitcoin prices.
According to Lookonchain monitoring, Galaxy Digital transferred 2,500 BTC worth $160 million in the past hour, with most of the funds flowing into exchanges.
according to Onchain Lens monitoring, a wallet suspected to belong to Multicoin Capital has sold HYPE through Galaxy Digital, transferring 167,000 HYPE to Galaxy Digital's OTC trading desk via an intermediate wallet 38 minutes ago, valued at approximately $11.2 million.
Odaily reports, according to Onchain Lens monitoring, a whale has consolidated approximately $5.85 million worth of HYPE and LIT into a single wallet, possibly accumulated via Galaxy Digital, including 78,100 HYPE worth $5.25 million and 263,700 LIT worth $601,000.
According to Cointelegraph, Bitcoin address "1KV47" recently completed its first transfer operation in nearly 15 years, moving 30 BTC (approximately $1.88 million) out of the wallet. The address initially received the aforementioned Bitcoin in August 2011. This address is one of 39,069 listed addresses in a New York lawsuit, where plaintiff "Noah Doe" and two Wyoming companies are attempting to claim ownership of these dormant Bitcoins under New York State lost property law. According to data from Galaxy Digital Head of Research Alex Thorn, 31 related addresses have transferred 17,527 BTC in June, a significant increase compared to 4,834 in February. Legal experts point out that address dormancy is not equivalent to abandonment of ownership, and in the absence of proof of private keys, the basis of this lawsuit is "extremely weak".
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), FG Nexus has deposited the remaining 9,481 ETH (approximately $14.89 million) into Galaxy Digital, completing the liquidation of all ETH. The institution previously purchased a total of 51,156 ETH at a cost of approximately $196 million, with final cumulative proceeds from sales totaling only approximately $109.4 million, resulting in a total loss of approximately $86.6 million.
According to Galaxy Research (@glxyresearch), a Bitcoin address that had remained dormant since October 15, 2014—over 11.7 years—transferred funds at 02:07 AM Beijing Time (UTC 18:07) on June 16, in block 953816. A total of 100.50 BTC—worth approximately $6.59 million—was moved.
research firm Benchmark Equity Research has highlighted that the market structure reform proposal put forward by the U.S. Securities and Exchange Commission (SEC) on June 11 could be one of the most far-reaching regulatory actions for the U.S. crypto industry this year. The proposal aims to abolish Rule 611 and Rule 610(e) of Regulation NMS, two core rules that have governed the routing and execution of U.S. stock trades since 2005, which are seen as having long constrained the development of tokenized stocks and on-chain trading.Rule 611 (Order Protection Rule) requires trading venues to avoid executing trades at prices inferior to "protected quotations" on other markets, thereby enforcing the National Best Bid and Offer (NBBO) system. Rule 610(e) prohibits locked and crossed markets, restricting quotation overlaps and price mismatches.Benchmark analyst Mark Palmer stated that if the rules are repealed, it would remove key legal barriers hindering DeFi trading models, such as automated market makers (AMMs), allowing them to operate without relying on traditional order routing systems. The regulatory changes would directly benefit infrastructure for tokenized stocks and crypto securities trading, with Securitize identified as the most immediate beneficiary. Additionally, Coinbase and Galaxy Digital could also benefit from the expansion of trading, custody, and market-making businesses.However, Benchmark also noted that even with looser rules, critical issues such as exchange registration, clearing and settlement, and custody frameworks remain unresolved. The market is still anticipating the SEC's potential introduction of an "innovation exemption" mechanism. The SEC has opened a 60-day public comment period, and Benchmark expects a final vote could take place in early 2027. (The Block)