BitGo Eyes Near $2 Billion Valuation In US IPO

Crypto custody firm BitGo has launched its initial public offering, seeking to raise up to $201 million, according to a filing with the U.S. Securities and Exchange Commission.

The Palo Alto, California-based company is offering roughly 11.8 million shares of Class A common stock at an expected price range of $15 to $17 per share.

The offering includes 11 million shares sold by BitGo and about 821,600 shares offered by existing stockholders, with the company not receiving proceeds from those secondary sales. Underwriters will also have a 30-day option to purchase up to an additional 1.77 million shares.

Founded in 2013, BitGo is one of the largest crypto custody providers in…

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How Ethereum, Solana Could Benefit From The CLARITY Act

The U.S. CLARITY Act could become a major catalyst for Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and broader institutional crypto adoption, according to Bitwise Chief Investment Officer Matt Hougan.

What Happened: Crypto markets are entering a transition phase where regulation, infrastructure, and real-world use cases matter more than speculation, Hougan said on a Milk Road podcast episode.

Hougan argues the Clarity Act could deliver the regulatory certainty institutions have been waiting for, potentially reshaping the outlook for ETH, SOL, and the broader ecosystem.

Stablecoins are the largest real-world crypto use case, enabling low-cost, instant global payments and serving as a…

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Strategy ($MSTR) Just Spent $1.25 Billion On 13,627 Bitcoin

Strategy added to its bitcoin treasury for a third straight week, acquiring 13,627 BTC for roughly $1.25 billion at an average price of $91,519 per coin, according to an SEC filing dated January 12.

The purchases were made between January 5 and January 11 and funded through the company’s at-the-market offering program, which included sales of Class A common stock (MSTR) and its 10.00% Series A perpetual preferred stock, Stretch (STRC). 

The sales generated about $1.2 billion in net proceeds, with $1.1 billion coming from common stock and $119 million from preferred equity.

The latest buy brings Strategy’s total bitcoin holdings to 687,410 BTC, acquired for an aggregate…

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Coinbase Pushes For Crypto Market-Structure Bill, But The Window Is Closing Fast – Coinbase Global (NASDAQ:COIN)

Coinbase (NASDAQ:COIN) has warned U.S. lawmakers it could withdraw support for a major crypto market-structure bill if new provisions restrict its ability to offer rewards on stablecoin holdings.

What Happened: The bill is headed for Senate committee markup this week, but proposed changes would limit stablecoin rewards to regulated banks or trust-chartered institutions.

Bloomberg reported on Monday the push is backed by the banking lobby and opposed by crypto-native firms.

Stablecoin rewards are a key revenue source for Coinbase, largely tied to interest earned on USDC (CRYPTO: USDC) reserves shared with Circle (NYSE:CRCL).

Coinbase generated about $1.3 billion in stablecoin-related…

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Bitcoin, Ethereum Trade Flat While XRP, Dogecoin Slide 2% After ETF Outflows

Bitcoin is trading around $90,000 as broader crypto sentiment remains neutral despite macro tailwinds; liquidations stand at $211.88 million over the past 24 hours.   

Bitcoin ETFs saw $250 million in net outflows on Friday, while Ethereum ETFs reported $93.8 million in net outflows.

CryptocurrencyTickerPriceBitcoin(CRYPTO: BTCEthereum(CRYPTO: ETHSolana(CRYPTO: SOLXRP(CRYPTO: XRP)$90,446.61)$3,108.44)$139.44              )$2.03

BTC Recipe Remains Same?

Crypto trader Jelle said Bitcoin is consolidating around the $90,500 level, repeatedly retesting it from above as the market awaits Powell’s comments.

He noted that reclaiming the $93,500 area is the key near-term objective,…

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Trump’s Crypto Czar Should Resign If Crypto Bill Doesn’t Pass In Q1, Says Cardano Founder Charles Hoskinson

Cardano (CRYPTO: ADA) founder Charles Hoskinson slammed the Trump administration’s handling of the cryptocurrency industry in an interview aired Sunday, particularly targeting David Sacks, the White House cryptocurrency czar.

Hoskinson Attacks Sacks

Appearing on The Wolf Of All Streets Podcast, Hoskinson voiced skepticism about the passage of the cryptocurrency market structure bill, a key piece of legislation championed by industry figures, in the first quarter.

“If it doesn’t pass this quarter, I think David Sacks should resign. He’s utterly failed us as an industry,” Hoskinson said.

“If you’re the czar and you’re in charge of this whole thing, I’ve got to judge…

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Crypto Billionaire Michael Saylor Names Nvidia, Bitcoin Among ‘Best Performing Assets’ Of The Decade: Here’s How They’ve Performed

Strategy Inc. (NASDAQ:MSTR) Executive Chair Michael Saylor highlighted on Sunday that the company has surpassed Wall Street giants since adopting the Bitcoin (CRYPTO: BTC)-focused approach, trailing only Nvidia Corp. (NASDAQ:NVDA).

‘Best-Performing Assets’ Of The Decade

Saylor posted a chart on X comparing annualized returns for various assets during the “Bitcoin Standard Era,” referring to the period since Aug. 10, 2020, when the company adopted Bitcoin as its primary treasury reserve asset. 

During this period, Nvidia surged by 1,557%, with a compound annual growth rate of 68%. Strategy stood second in the list, gaining 1,173% with annualized returns of 60%.

Bitcoin, the asset…

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Elon Musk’s X Launching In-App Crypto Trading? Changpeng Zhao Amplifies Claim, Gets Flagged After Sharing Old Announcement

A social post shared by Binance (CRYPTO: BNB) co-founder Changpeng “CZ” Zhao was flagged on Sunday for misrepresenting an old announcement from X about introducing in-app trading.

X Community Fact Checks CZ’s Claim

CZ made a “clapping hands” emoji in response to a post by The Bitcoin Historian about Elon Musk’s social media company launching in-app Bitcoin (CRYPTO: BTC) and cryptocurrency trading.

Users on X added a community note to the post, stating that while reports of in-app trading are accurate, no official announcement mentions Bitcoin or any other cryptocurrency.

CZ didn’t immediately return Benzinga’s request for comment on the matter.

Will Crypto Payments Debut On X?

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