Author: Kryptonews

BitGo has officially filed for an initial public offering, becoming the first dedicated crypto custodian to pursue a listing on a US stock exchange. Key Takeaways: BitGo has filed for a US IPO, becoming the first crypto custodian to seek a public listing, with plans to trade under the ticker “BTGO.” The company reported $4.19 billion in revenue for H1 2025 and holds $90.3 billion in digital assets. BitGo also serves as custodian for the Trump-linked World Liberty stablecoin. The Palo Alto-based firm plans to trade under the ticker “BTGO” on the New York Stock Exchange, marking a major milestone…

Bitcoin (BTC) declined modestly on Friday, as its rally lost steam as enthusiasm about lower US borrowing costs tapered off. New data suggest that the crypto asset may be approaching a cycle top. BTC Rally Nearing Its Breaking Point According to the latest analysis from crypto trader CasiTrades, Bitcoin has reached the 0.618 Fibonacci retracement level at around $117,900, which she described as a “textbook target” for a potential Wave 2 pivot. This level, she argued, is one of the most common bearish turning points in a market cycle. CasiTrades revealed that several technical patterns are converging at this point,…

As the European Union rolls out its landmark Markets in Crypto-Assets (MiCA) framework, the law’s key promise of a unified market is already under pressure.In the latest episode of Byte-Sized Insight, Cointelegraph explored whether MiCA can live up to its promise. Promises vs realityThe regulation was designed to simplify operations for crypto firms by introducing a single licensing system across all 27 member states. Once licensed in one country, companies would be able to “passport” their services across the bloc without navigating a patchwork of local rules.But less than a year into implementation, national regulators in countries including France, Italy, and…

Opinion by: Debanjan Chatterjee, financial analystThe trajectory of the stablecoin industry is heavily influenced by warring factions on opposite sides debating possible criminal use. Stablecoin opposers point to transfers of illicit funds. Proponents argue that the transparent nature of blockchains can be used to detect such crimes. There is a lack of awareness of how a deep integration of stablecoins in global finance can drive the use of blockchain’s properties of immutability and transparency to fight financial crimes, even in traditional finance.The stablecoin storyThe stablecoin industry is going from strength to strength, aided by increased regulatory clarity and meaningful use cases.…

Key Takeaways BlackRock bought $390 million worth of Bitcoin and Ethereum, strengthening its position as a major institutional crypto holder. The firm’s crypto portfolio has rapidly expanded following the introduction of Bitcoin ETFs in 2024. Share this article BlackRock, a major American investment management corporation overseeing trillions in assets, purchased $390 million in Bitcoin and Ethereum on Friday, continuing its aggressive expansion into digital assets.The latest acquisition adds to BlackRock’s substantial crypto holdings, which have grown rapidly since the firm began offering cryptocurrency ETFs. The investment management giant now holds nearly 765,000 BTC following the approval of spot Bitcoin ETFs…

Coinbase CEO Brian Armstrong has said his company’s most ambitious vision is to replace traditional banks by turning Coinbase into a full-service crypto “super app.” Speaking during a recent interview with Fox Business, Armstrong confirmed the company’s plans to offer a full suite of financial services, from payments to credit cards and rewards, all powered by crypto rails.“Yes, we do want to become a super app and provide all types of financial services,” Armstrong said. “We want to become people’s primary financial account and I think that crypto has a right to do that.”Armstrong criticized the current banking system as…

The artwork Washington, D.C., has surely been waiting for has arrived: a statue of President Donald Trump holding up a Bitcoin. The 12-foot-tall statue is of largely unknown origin. It arrived suddenly, mysteriously, outside the Capitol Building. When viewed from certain vantage points, this beaming, golden Trump can be seen with the Washington Monument in the distance. Its makers are a group of cryptocurrency investors, per ABC’s local Washington affiliate. “The installation is designed to ignite conversation about the future of government-issued currency and is a symbol of the intersection between modern politics and financial innovation,” Hichem Zaghdoudi, a representative…

CoinW is one of the fastest-growing crypto exchanges, letting you trade 1,000+ coins with deep liquidity, low fees, and solid security. It’s built for both beginners and pro traders worldwide. The best features of CoinW exchange are spot trading, futures, leveraged ETFs, copy trading, automated bots, staking, launchpad, P2P, mobile apps, APIs, and passive earn programs.In this CoinW review, we will explore its fees, security, supported assets, trading tools, KYC tiers, country restrictions, and help you decide if it’s safe, legit, and worth using in 2025.CoinW Review: What Is It?CoinW is a global cryptocurrency exchange founded in 2017 that lets…

The $270 billion stablecoin sector has grown significantly but still accounts for less than 8% of crypto’s total market cap, a level it has held since 2020, according to a JPMorgan research note.That dynamic could turn the coming wave of U.S. stablecoin launches into a zero-sum contest, unless the crypto market itself expands significantly, analysts led by Nikolaos Panigirtzoglou wrote.Tether, whose USDT is primarily used overseas, plans to debut a U.S.-compliant token, USAT. Unlike USDT, whose reserves are about 80% compliant with U.S. requirements, USAT’s backing would fully meet the new regulatory standards, the bank said.Stablecoins are cryptocurrencies whose value…

Crypto markets are up after the US Federal Reserve cut rates. But in other parts of the world, the picture isn’t so rosy.Thai bank customers are experiencing massive bank lockouts, and France says it could block companies operating on crypto licenses obtained in other parts of the European Union.Meanwhile, in Australia, securities regulators have made things easier for stablecoin distributors by scrapping a license requirement.From US Fed policy spurring crypto markets to Pakistan opening its doors to crypto, there were substantial developments in the industry last week.Here’s the first weekly edition of Global Express:US Fed cuts interest ratesOn Wednesday, the…