Extract Alpha from Financial Content

Galaxy Digital Holdings ($GLXY) is poised for potential upside, breaking out to 4-year highs on its monthly chart ahead of its August 5th earnings call. Key catalysts include potential updates on its balance sheet revaluation of crypto assets, growth in its crypto business lines (AUM, trading volumes), and significant news regarding its data center business, particularly the CoreWeave ($CRWV) lease expansion and new power capacity. Jefferies recently initiated coverage with a $35 price target, suggesting further institutional interest may follow.

Useless Coin ($USELESS) has integrated Chainlink's CCIP to enable native cross-chain transfers between BNB Chain and Solana. This expands the reach of the $300M+ market cap token, potentially increasing its liquidity and accessibility. Investors should monitor the impact of this interoperability on USELESS token demand and price.

ETH ETFs continue to see strong inflows, with $332 million added today and two consecutive weeks of daily inflows, indicating growing institutional interest. Meanwhile, XRP is leading major altcoins lower, down 8% today. Consider monitoring MARA as it raised $850 million to buy BTC, potentially signaling future upside for the mining stock.

BitMine Immersion has significantly increased its Ethereum (ETH) holdings, now exceeding $2 billion (560,000+ ETH), doubling its position from last week. This aggressive accumulation by a major player, coupled with bullish sentiment from analysts like Tom Lee, suggests a strong conviction in Ethereum's future price appreciation. Investors may consider this a bullish signal for ETH.