BitGo Announces $18 IPO Price as Shares Prepare to Launch on NYSE
BitGo priced its IPO at $18 a share and expects NYSE trading to begin Thursday, with SEC filings showing major holdings by founders and early investors.
Significant Outflows of Nearly $1 Billion from Bitcoin and Ether ETFs Surge
Analysts said institutional traders are tightening risk amid macro uncertainty, but noted that outflows do not reflect structural weakness.
Columbia Professor Critiques NYSE Tokenization Plan as Lacking Substance and Feasibility
NYSE unveiled a plan on Monday to enable blockchain-based 24/7 trading and instant settlement of stocks and ETFs, in addition to custody features.
Thailand Set to Implement Crypto ETF Regulations Amid Rising Institutional Interest
Thailand’s SEC is planning new crypto ETF and futures trading regulations as the country looks to position itself as a regional crypto hub for institutions.
Buterin Advocates for Distributed Validators to Streamline Ethereum Staking Process
While complex to set up, distributed validator technology could improve Ethereum’s staking experience, according to the creator of Ethereum.
Researcher Warns Against Relying on Institutional Investors to Drive Bitcoin to $150K
FFTT founder Luke Gromen said institutional investors may not do much for Bitcoin's price this year, but other analysts have previously argued they'll be key to a Bitcoin resurgence.
Saga Suspends Chainlet Operations Following $7 Million Exploit That Impacted Stablecoin Peg Stability
Saga’s US dollar-pegged stablecoin has dropped to $0.75, while the protocol's total value locked has fallen by around 55% over the past 24 hours.
Bitwise Reports Positive Indicators of a Bear Market Bottom in Q4
Bitwise’s Matt Hougan argued crypto markets performed poorly in Q4 despite strong fundamentals, similar to early 2023 when crypto rebounded from 2022 lows.
Senator Boozman Confirms Ongoing Stalemate with Democrats Over Cryptocurrency Legislation
The US Senate Agriculture Committee released a Republican draft of the market structure bill, which includes protections for crypto developers, setting it up for a markup next week.
Saga Halts EVM Chain Operations After Smart Contract Security Breach
The project said the attacker subsequently bridged the stolen funds out of SagaEVM and converted them to ether.
Bitcoin, DeFi, and Tokenization May Propel Crypto Market to $28 Trillion by 2030: Insights from ARK
ARK Invest’s latest analysis affirms it still sees Bitcoin reaching close to a $1 million price tag in 2030 on growing adoption.
BitGo Sets Initial Public Offering Price Above Expectations, Aiming to Raise $212.8 Million
BitGo priced its US IPO at $18 per share, above its previously marketed range of $15 to $17, with trading set to begin Jan. 22.