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SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.

Galaxy also identified a 94% quarter-over-quarter surge in median pre-money valuation.

The IPO is scheduled for the first half of 2025 and set to value the miner between $10 billion and $16 billion.

Novogratz said that despite some opposition from certain lawmakers, the majority of US politicians are inclined toward supporting innovation in the crypto industry.

The arrangement is part of an earlier partnership between the firms that will see Apple integrate OpenAI services with its products.

The company has doubled its hashrate to 20 EH/s since December.

Galaxy's Steve Kurz said spot ETH ETFs could launch in "weeks, not days."



