Meta Platforms is planning layoffs in a branch of its Reality Labs metaverse team, potentially affecting 10%–30% of staff, sources told The New York Times. The affected group focuses on VR headsets and VR-based social networking. Management expects to reallocate savings from the cuts toward augmented reality (AR) glasses and related wearable projects. Reality Labs comprises the metaverse division and a wearables unit; Meta previously partnered with Ray-Ban on AR glasses in 2021 and said sales have exceeded internal targets. Executives are reassessing metaverse investment and considering significant reductions in VR-related roles. The move signals a shift in corporate priorities from broad metaverse spending to more targeted AR hardware development. Key keywords: Meta, Reality Labs, metaverse, VR layoffs, AR glasses, cost cuts, wearables.
U.S. Treasury Secretary (reported as Besent) warned President Trump that a federal probe into Federal Reserve Chair Jerome Powell has become ’a mess’ and could unsettle financial markets. According to Axios-cited sources, the probe was launched by U.S. prosecutor Jeanine Pirro’s Washington office without advance notice to the Treasury, White House senior staff, or the Justice Department main office. Treasury concerns: the investigation may harden Powell’s stance and jeopardize an orderly transition when a new Fed chair is appointed, increasing market uncertainty. The Treasury secretary reportedly informed the president and expressed displeasure at how the probe was handled, though he did not dispute the investigation’s legitimacy. No cryptocurrencies or digital-asset projects are mentioned. The report emphasizes potential market volatility and political friction between the administration, Treasury, and law enforcement over the handling and communication of the probe.
Bearish
Federal ReserveRegulatory probeMarket volatilityUS TreasuryPolitical risk
New York Fed President John Williams said there is no compelling reason for near-term interest-rate cuts, noting the Federal Reserve has moved policy from mildly restrictive to near neutral. Williams expects U.S. GDP growth of 2.5%–2.75% this year, with unemployment stabilizing before declining in later years. He forecast inflation to peak in H1 around 2.75%–3%, average about 2.5% for the year, and return to 2% by 2027. Williams emphasized balancing the task of bringing inflation back to target while avoiding unnecessary risks to the labor market. His comments suggest the Fed sees reduced upside inflation risks and rising downside employment risks as the labor market cools.
Neutral
Federal ReserveInterest RatesInflationMacroeconomic OutlookMonetary Policy
Ripple has asked the U.S. Securities and Exchange Commission (SEC) to distinguish crypto-asset transfers from securities transactions in its enforcement approach. The company argues that many blockchain token movements are not securities offers or sales and should be evaluated under different legal and regulatory frameworks. Ripple’s submission emphasizes transactional, technical, and market characteristics of crypto transfers—such as on‑chain token movements, programmatic exchanges, and secondary-market trading—to show they fall outside traditional securities analysis. The filing seeks clearer rules to reduce regulatory uncertainty for payment-focused tokens and decentralized activity, and urges the SEC to avoid treating routine crypto transfers as securities transactions subject to broker-dealer or securities registration requirements. Ripple’s push comes amid its broader legal battle with the SEC and ongoing industry calls for regulatory clarity. Market participants and lawyers say a formal separation could affect compliance burdens, enforcement reach, and how exchanges and custodians operate, potentially changing how certain tokens are listed and traded.
Neutral
RippleSECregulatory claritycrypto assetssecurities law
Cardano founder Charles Hoskinson told CoinDesk that the February 2025 launches of official memecoins by President Trump and First Lady Melania politicised the U.S. crypto debate and derailed bipartisan progress on key regulatory bills. Before the memecoin launches, two major measures—the GENIUS Act (stablecoin framework) and the CLARITY Act (digital-asset classification and market structure)—were making bipartisan headway. Hoskinson says the memecoin events turned the topic into a partisan issue, chilling public support from lawmakers and industry leaders and stalling committee work, markups and votes. He contrasted this shift with the Biden years, when enforcement actions (notably by the SEC) created legal uncertainty but kept the debate largely technical rather than overtly political. The politicisation has also reportedly reduced venture capital for U.S. crypto infrastructure, complicated product roadmaps for exchanges and developers, and pushed some projects to relocate or prioritise jurisdictions with clearer rules (for example, the EU under MiCA). Hoskinson urged decoupling crypto policy from short-term political narratives, restoring bipartisan leadership on legislation, and sustaining industry engagement with regulators to rebuild consensus and restore a clearer regulatory path for U.S. blockchain innovation. For traders: expect continued regulatory uncertainty in the U.S., potential migration of projects and talent to friendlier jurisdictions, and intermittent market volatility as policy debates remain politicised.
Senate leaders have postponed the markup of the crypto market-structure bill until late January after senators continued negotiating key provisions. The delay centers on stablecoin regulation, custody rules for digital-asset brokers, and the jurisdictional split between the SEC and CFTC. The bill—part of broader legislative efforts including the CLARITY and GENIUS proposals and separate Democratic frameworks—seeks to clarify whether tokens are regulated as securities or commodities, set AML/KYC and licensing standards, and define custody and reporting requirements that affect exchanges, custodians and stablecoin issuers. Industry stakeholders, including major exchanges, are lobbying for timely resolution to reduce regulatory uncertainty and broaden market access; regulators (SEC/CFTC) may also issue joint guidance impacting spot crypto trading by traditional brokers. For traders: expect continued policy uncertainty that could suppress institutional flows and increase volatility around US-focused crypto assets. Monitor committee schedules, inter-senatorial negotiations, and any SEC/CFTC guidance for developments that could materially affect liquidity and access.
Neutral
crypto market-structure billstablecoin regulationSEC vs CFTCcustody ruleslegislative delay
Bitcoin is consolidating around $90,000 as on-chain indicators show rising stress among short-term holders. Recent CryptoQuant and analyst data put the short-term holder Spent Output Profit Ratio (STH SOPR, 7-day SMA) near 0.994 with a daily read of 0.9817 — the weakest since early January 2026. The 7-day SOPR crossed below the 30-day average on Jan 8 (0.9996 → 0.9928), and the SOPR Z-score at -0.58 indicates persistent loss-taking rather than isolated selling. Price action has flattened: Bitcoin trades below short- and medium-term moving averages, with muted buying volume, though it remains above long-term supports (200-week MA still rising; 200-day MA near the mid-$80k area). Key levels for traders are a sustained reclaim of $95,000 to signal renewed upside, or a breakdown below the $88,000–$90,000 band that could trigger deeper correction and volatility expansion. Primary implications: elevated short-term holder capitulation risk, potential for higher volatility once consolidation resolves, and the need for traders to monitor SOPR, volume and support/resistance to manage entries and risk.
Sen. Elizabeth Warren pressed the U.S. Securities and Exchange Commission (SEC) to address perceived risks in the crypto sector, calling for stronger oversight and consumer protections. Her concerns focus on market manipulation, lack of transparency, and investor exposure to high-risk crypto products. At the same time, former President Donald Trump and his allies pushed a policy agenda to allow or encourage inclusion of cryptocurrency investments in retirement accounts, promoting broader retail access to crypto through 401(k)s and IRAs. The debate highlights a widening policy split: regulators and some lawmakers warn about systemic and consumer risks from rapid crypto adoption, while political figures push for increased access to crypto in mainstream financial products. For traders, the story signals potential regulatory scrutiny that could raise short-term volatility, while policy moves to expand retirement plan access could support longer-term demand if implemented. Key themes: SEC oversight, crypto risk, retirement account inclusion, investor protection, regulatory vs. political momentum.
XRP extended its decline after breaking the $2.23 support, trading around $2.05 (-2.35% 24h) as selling pressure persisted. Volume spiked ~196% to $3.27 billion, signaling elevated market participation. On-chain data showed roughly $22.43 million of XRP moved off exchanges over 24 hours, indicating potential accumulation by holders. Derivatives positioning revealed concentrated liquidation clusters: about $36.15 million in cumulative long liquidation near $2.017 (support) and $21.06 million in cumulative short liquidation near $2.113 (resistance). Traditional-market interest remained notable — U.S. spot XRP ETFs reported a $4.93 million daily net inflow on Jan 9 and cumulative net inflows near $1.22 billion, pointing to steady institutional demand. Technicals skewed bearish on the daily chart after losing the 50-day EMA; failure to reclaim that EMA could see XRP fall about 6.5% toward $1.90. Momentum (ADX 28.49) confirms a strong directional trend tilted downward, though weekly horizontal support around $2.02 keeps broader bullish scenarios feasible if it holds. For traders: watch price reaction around the $2.02–$2.05 liquidity band, monitor exchange outflows and ETF flow updates for signs of accumulation, and be mindful of nearby liquidation zones that could trigger sharp moves.
Cardano founder Charles Hoskinson publicly criticised former US President Donald Trump’s proposed cryptocurrency policy, calling it “extractive” and warning it could cause significant harm to the crypto industry. Hoskinson said the plan — as presented by the Trump campaign and advisors — would enable government and incumbent financial interests to capture a large share of value from crypto innovation, impose heavy oversight and taxation, and deter entrepreneurs and investors. He argued that such a policy risks driving projects and talent offshore, reducing onshore investment and slowing innovation. Hoskinson’s comments, circulated on social media and in interviews, highlighted concerns about regulatory overreach, potential centralisation, and adverse economic effects on startups. The reaction from the crypto community was mixed but included notable alarm from developers and investors who view predictable, innovation-friendly regulation as crucial. The article frames Hoskinson’s statement as part of a broader debate on US crypto policy direction ahead of elections, with possible implications for market sentiment, capital flows and regulatory certainty.
A YouTuber says they have cracked and posted a recreation of Coca‑Cola’s 139‑year‑old secret formula. The creator published ingredient proportions and preparation steps online, claiming the recipe matches the original flavour profile. Coca‑Cola’s trademarked “secret formula” remains a closely guarded corporate asset; the company has not confirmed that the posted recipe is authentic. The story has drawn widespread public attention and social‑media discussion about food trade secrets and intellectual property. No major legal actions have been reported at the time of publication.
The Senate Agriculture Committee has postponed the markup of the CLARITY Act — the Crypto-Asset Regulatory Legislation for Innovation and Transparency Act — from January 15 to the final week of January to secure stronger bipartisan support. Committee Chairman John Boozman said the delay allows time for technical refinements and consensus-building among members. The bill seeks to clarify regulatory jurisdiction between the SEC and the CFTC, set market-structure rules for digital-asset exchanges, enhance consumer protections, and impose AML requirements on crypto businesses. Industry groups including the Blockchain Association welcomed the extra time, while experts framed the delay as substantive negotiations rather than procedural setback. The rescheduling follows increased global regulatory scrutiny and recent U.S. developments such as SEC approval of spot Bitcoin ETFs. Market participants should monitor the late-January markup closely, as passage or substantive amendments to the CLARITY Act would materially affect regulatory certainty and trading conditions for cryptocurrencies.
Neutral
CLARITY Actcrypto regulationSenate Agriculture CommitteeSEC vs CFTCmarket structure
Google’s Gemini AI issued bullish multi-year price scenarios for XRP, Solana (SOL) and Cardano (ADA), projecting substantial upside into a 2026–27 bull cycle. Key projections include XRP near $8–$9 by 2025–27 (roughly +200–285% from current levels cited), SOL around $500 (≈+250%) and ADA rising to $3.50–$10 across different model horizons (large percentage gains in both articles). Gemini’s model cites a mix of on-chain and off-chain drivers: regulatory clarity and potential U.S. spot XRP ETFs after Ripple’s legal victories; Solana’s growing TVL (~$9bn), rising developer activity and recent Solana ETF listings; and Cardano’s research-driven upgrades, expanding developer ecosystem and steady PoS fundamentals and tokenization momentum. Technical indicators (improving RSI, falling-wedge patterns, key support zones) and ETF/institutional flows are flagged as important catalysts. The reports also note elevated tail risk: speculative memecoins such as Maxi Doge (MAXI) and other small-cap projects carry concentrated downside and liquidity risk. For traders: primary actionable themes are ETF-driven institutional flows, monitor RSI and breakout confirmations for large-cap altcoins, position sizing around concentrated memecoin risk, and watch macro conditions which could flip the model’s base-case to downside scenarios.
Bullish
Gemini AI price predictionXRP priceSolana priceCardano pricecrypto ETFs
Bitcoin spot price is consolidating around $91,000 and remains capped below the $95,000 resistance level after failing to reclaim late-2025 highs. Spot volume and momentum (MACD) have weakened, suggesting low conviction in the recent bounce. However, derivatives markets tell a different story: Glassnode’s options implied volatility heatmaps show falling three‑month (medium-term) IV near cycle lows while one‑week (short-term) IV is spiking around and below the current price. That short-dated volatility spike indicates heavy demand for near-term downside protection (puts/hedges), signaling traders expect a potential sharp move in days rather than months. The divergence—cooling long-dated volatility alongside concentrated short-term hedging—matches historical “calm before the storm” setups that often precede large breakouts or breakdowns, particularly with thinning liquidity and weakening momentum. For traders: expect elevated short-term risk and possible rapid directional moves; consider options-based hedges, tighter risk management, and monitoring IV and order-flow around the $91k–$95k zone.
CryptoNews examines near-term price outlooks for XRP, Solana (SOL) and MaxiDoge (MAXI) as the market shows modest recovery in mid-January. Bitcoin remains above $90k, supporting risk appetite. XRP is holding immediate support at $2.00 with RSI near 47; a break above $2.20 could target $2.50, while a drop below $2.00 would signal bearish risk. Ripple’s ecosystem growth — including RLUSD stablecoin reaching a $1.3B market cap in 2025 — underpins the bullish case, and renewed ETF inflows could accelerate gains. Solana is retesting resistance near $144; RSI around 65 suggests strength but potential short-term overbought conditions. Maintaining above $130 is critical for the bullish setup, with $156 as the next resistance on a successful breakout. Solana’s on-chain activity fell sharply in 2025 but has shown early recovery in January, and institutional adoption remains a supportive factor. MaxiDoge is presented as a speculative memecoin play positioned to benefit from rotation into high-risk, high-reward assets. At ~$0.0002775, MAXI offers staking rewards (reported ~70% APY) and is approaching a scheduled presale price increase. The article frames MaxiDoge as a sentiment-driven instrument that could lead a memecoin rebound if market risk appetite returns. Traders should watch ETF flows, support/resistance levels ($2.00/$2.20/$2.50 for XRP; $130/$144/$156 for SOL) and memecoin activity for short-term trades, while treating MaxiDoge as highly speculative with elevated volatility and counterparty risk.
Former SEC Commissioner Paul Atkins declined to confirm reports that Venezuela holds up to $60 billion in Bitcoin and gave no definitive view on whether the U.S. could seize such reserves. Media speculation—sparked by reporting from outlets like Cointelegraph and renewed after the U.S. DOJ indicted President Nicolás Maduro on charges including narco-terrorism—claims a large stealth crypto treasury (BTC and USDT) may be used to evade sanctions. On-chain analysis, however, links roughly 240 BTC (about $15 million as of April 2025) to Venezuelan state-affiliated wallets, a figure far below the $60 billion estimate. Experts note possible explanations: holdings split across obfuscated wallets, custodial third parties, or private ledgers, or that the $60 billion figure is an overestimate. Legal and technical challenges to seizing state-held crypto are substantial: no clear precedent exists for confiscating a sovereign’s digital reserves, and seizure would likely require custodial cooperation, legal action against key holders, or extraordinary cyber-forensics to obtain private keys. Analysts view the $60 billion claim as unlikely and expect Venezuela to use crypto tactically rather than as vast state reserves. Atkins’s cautious comments underscore rising geopolitical focus on “crypto-statecraft” and signal regulators are seriously considering state-level crypto risks—raising geopolitical uncertainty but not providing immediate legal or market actionables.
Bitcoin (BTC) fell below the estimated miner breakeven of $101,000 on Jan 12, 2026, a zone historically associated with cycle lows and potential rebounds. On-chain analysts (Wise Crypto, CryptosRus) report improving capital flows and mid-cycle on-chain metrics (Puell Multiple, MVRV) that do not signal an overheated top. Technical indicators are mixed: monthly RSI slipped under 60 but is curling up (EGRAG CRYPTO), while losing weekly moving averages above $101K may have shifted structure lower with resistance near $96,000 (Sunny Mom, CryptoQuant). Macro headlines — a probe involving Fed Chair Jerome Powell reported by the New York Times — added political uncertainty; BTC nonetheless gained ~1% on the news, per VanEck’s Matthew Sigel. Price action: ~1% up in 24h, ~-1% weekly, ~+modest monthly, and ~27% below the October 2025 peak near $126,000. The bullish case hinges on proximity to miner cost, returning spot fund flows, and potential dollar weakness if political pressure affects Fed policy. Alternate views warn fragile technicals and possible further downside if buyers remain hesitant around $92K–$93K.
Zcash (ZEC) pulled back from a December 29, 2025 peak near $556 after rejection around the $600 area and has moved below the 21-day and 50-day simple moving averages on the daily chart, indicating a bearish bias. Prices reported in the later update show ZEC trading around $399–$483 depending on timing, while the token has been rangebound on shorter timeframes: a 4‑hour range roughly between $360–$440 (later reports noted $360–$440 or $360–$440) and an intraday sideways band between about $480 support and $560 resistance in earlier coverage. Key support zones sit between $300–$400 (with a prior low near $305), and immediate resistance clusters at $440–$560 and higher structural targets around $700–$800. Technical outlook: daily-chart moving averages below price in the older piece signaled a bullish turn that failed to hold; the newer piece shows price below both the 21‑ and 50‑day SMAs, favoring bears unless ZEC can sustain a move back above those averages. Traders should watch a decisive breakdown below $360–$400 for a drop toward $305, or a clean breakout and hold above the 50‑day/21‑day SMAs and $560–$600 to resume upside toward $700–$800. This is technical analysis and not investment advice.
Apeing (APEING) is being promoted as a top upcoming meme coin for 2026, spotlighting community-focused tokenomics, security audits, and a staged presale with an exclusive whitelist. Stage 1 pricing is set at $0.0001 with a targeted listing price of $0.001 — a marketed 10x entry-to-listing gap — and limited allocation to reward early whitelist participants. The coverage situates Apeing alongside established networks (ETH, SOL, XRP, BNB, TRX, ADA, LINK), recommending traders balance high-risk meme exposure with utility-driven assets. Related projects mentioned include APEMARS, an ERC-20 memecoin claiming staged token burns, staking (advertised 63% APY) and referral incentives. Both pieces are sponsored content and include standard disclaimers that returns are not guaranteed. For traders: the news highlights a structured early-access entry (whitelist + staged presale) that can concentrate buying pressure into early phases; verify audits, tokenomics and vesting details before participation and treat allocations as high-risk, high-volatility positions.
Bitcoin (BTC) slipped below the key $91,000 support during a sudden market correction on March 15, 2025, trading around $90,900 on Binance USDT perpetuals after concentrated selling in Asian and early European sessions. Rising exchange inflows and elevated funding rates point to profit-taking and short squeezes that drove rapid deleveraging; futures open interest fell and options put buying increased around $85k–$89k. Technical levels to watch: resistance near $95,000, broken support at $91,000, immediate support around $88,500 (volume-based), and long-term trend support near $85,000. On-chain fundamentals such as hash rate and active addresses remain resilient, while spot BTC ETF flows showed slight net outflows and mining revenues may be temporarily compressed. The move pulled altcoins lower and may increase Bitcoin dominance short term. Analysts characterize the drop as a normal 5–10% pullback within a larger uptrend unless lower supports fail. For traders: manage leverage, monitor funding rates, futures open interest, exchange inflows and put activity at $85k–$89k for trade signals; watch whether buyers defend the $88,500–$85,000 range to assess near-term direction.
Cardano founder Charles Hoskinson publicly called for the resignation of President Trump’s crypto czar after the CLARITY Act — a proposed U.S. regulatory bill aimed at defining crypto rules — appeared to be failing to advance in Congress. Hoskinson criticized the administration’s handling of crypto policy and argued that the crypto czar’s continued position was untenable given the stalled legislation and lack of clear regulatory progress. The CLARITY Act sought to clarify how digital assets should be treated under securities and commodities law; its apparent collapse has raised concerns among stakeholders about regulatory uncertainty. The article highlights tensions between industry leaders and U.S. policymakers at a moment when clear regulatory guidance is considered important by crypto businesses and institutional investors.
Pi Network announced a major upgrade that lets app developers integrate Pi payments within about 10 minutes. The change simplifies merchant onboarding and in-app payments by providing streamlined SDKs/tools and a faster payments flow, positioning Pi for wider real-world use while the project continues its mainnet rollout. The update is presented as the platform’s biggest upgrade so far and is likely targeted at growing merchant acceptance and developer adoption ahead of broader Pi token utility. The article highlights integration speed and developer convenience as the key selling points but does not provide new on-chain metrics, token listings, or firm timelines for mass adoption.
Neutral
Pi NetworkPaymentsDeveloper toolsMainnet upgradeMerchant adoption
XRP exchange-traded funds recorded combined inflows of about $4.9 million, signaling renewed institutional and retail interest. Newer flow data complements earlier reports of larger ETF exposure, underscoring growing ETF demand that can add liquidity and legitimise XRP allocation for institutions. Analysts point to improving on-chain activity, rising volumes and supportive momentum indicators as drivers for a bullish technical setup, with many targeting a potential breakout toward $3 — a key resistance level and psychological target. Technical studies referenced an inverse head-and-shoulders pattern and bullish momentum signals; traders should watch the $2.15–$2.24 zone as a critical area for confirmation, with targets roughly $2.50–$3.00 on a sustained break. Risks remain: regulatory uncertainty, broader crypto market volatility and Bitcoin-led direction could reverse gains. For traders, the immediate implications are increased liquidity and potential amplification of short-term momentum; monitor ETF flow updates, on-chain metrics (taker-buy CVD, spot outflows), volume and the $3 resistance area for confirmation before adding directional exposure.
Fitch Ratings classifies Bitcoin-backed securities as speculative-grade, warning that BTC’s extreme price volatility and elevated counterparty risk make these instruments prone to rapid collateral shortfalls, margin calls and cascading liquidations. The agency cites past crypto failures (BlockFi, Celsius, FTX) as evidence of structural and operational weaknesses. Compared with traditional collateral, Bitcoin shows far higher volatility (Fitch cites ~60–100% vs equities/bonds 1–20%), inconsistent valuation methods, limited legal precedent for enforcement and variable liquidity. Fitch urges conservative haircuts, robust stress testing and structural mitigants such as dynamic overcollateralization, multi-asset collateral pools, insurance wrappers and liquidity reserves. The newer assessment emphasizes regulatory divergence — U.S. spot Bitcoin ETFs may broaden holders and soften volatility over time, while MiCA-style frameworks and other rules are emerging in the EU and globally — yet specific standards for crypto-collateralized securities remain uneven. Market implications: these products are likely excluded from investment-grade mandates, restricting demand to risk-tolerant investors and possibly creating bifurcated markets. Greater institutional use of BTC as collateral (e.g., companies issuing secured debt after large BTC purchases) raises balance-sheet correlation with Bitcoin’s price, amplifying contagion risk during sharp sell-offs. Traders should note elevated credit and counterparty risk for debt-like crypto products and expect continued product innovation, but persistent speculative-grade treatment until volatility drops or structural protections materially improve.
Bitcoin (BTC) price stalled below $92,000 as traders rotated into privacy-focused tokens and crypto mining stocks surged after Meta’s AI developments. Privacy coins led gains, drawing investor interest away from BTC and contributing to short-term consolidation. Miner equities and mining-related tokens jumped on optimistic sentiment about AI-driven demand for high-performance computing, boosting volume in the mining sector. The market showed mixed breadth: large-cap BTC consolidation alongside outperformance in niche crypto segments (privacy coins and miner plays). Key takeaways for traders: BTC faces resistance near $92K and may remain range-bound until fresh catalysts arrive; privacy coins offer short-term alpha but carry higher volatility and regulatory risk; miner stocks/tokens could react to AI-related narratives and hardware demand expectations.
Ethereum co‑founder Vitalik Buterin urged the crypto community to develop improved decentralized stablecoins, highlighting limitations in existing designs. Buterin noted risks tied to centralization, regulatory pressure, and failure modes of algorithmic and fiat‑backed stablecoins. He recommended more robust, crypto‑native approaches that better preserve decentralization and resilience, and emphasized research into designs that reduce reliance on centralized custodians and on‑chain single points of failure. The comments come amid ongoing industry debate following high‑profile stablecoin stresses and regulatory scrutiny. Buterin’s views underscore a push for innovation in stablecoin architecture to support long‑term market stability and decentralized finance growth. Primary keywords: decentralized stablecoins, Vitalik Buterin, stablecoin design. Secondary keywords: decentralization, algorithmic stablecoins, fiat‑backed stablecoins, DeFi.
BitGo, a California-based crypto custody and infrastructure provider, has filed a U.S. IPO registration to list on the New York Stock Exchange under the ticker BTGO. The planned offering comprises about 11.8 million shares (roughly 11 million new Class A shares plus ~821,595 secondary shares) at an expected range of $15–$17 per share, potentially raising up to $201 million and implying a valuation near $1.96 billion at the top end. Goldman Sachs and Citigroup are lead underwriters, joined by several other banks. Updated filings show strong growth through the first nine months of 2025: revenue of $10 billion and net income attributable to shareholders of $8.1 million, up from $1.9 billion revenue and $5.1 million net income a year earlier. BitGo reports roughly $104 billion in assets under custody and supports over 1,550 digital assets. CEO Mike Belshe is expected to retain majority voting control after the IPO, though his economic stake will be diluted. The offering comes amid renewed investor interest in regulated crypto firms even as token prices remain weak and recent crypto-related IPOs have had mixed performance. Analysts say demand for custody services is rising and BitGo’s regulated custody profile may appeal to risk‑sensitive institutional investors, but broader market volatility and pressure in the tech sector create uncertainty around IPO timing and aftermarket performance.
Neutral
BitGoIPOCrypto custodyNYSE listingAssets under custody
Zero Knowledge Proof (ZKP) presale is drawing strong retail interest with promotional claims of up to 500x returns. The sale uses a 24-hour on-chain auction that releases a fixed 200 million tokens per cycle, prices participation by demand, disallows private rounds, accepts ETH/USDC/USDT/BNB and other crypto, enforces a $20 minimum and a $50,000 daily per-wallet anti-whale cap, and records activity on-chain with immediate settlement. ZKP also promotes infrastructure features — “Proof Pods” for verifiable compute and AI tasks — and ties rewards to daily closing prices. The auction structure rewards early entrants and creates asymmetric risk/reward; traders should note dilution across cycles and that the project’s promotional tone means it is not investment advice. Separate market developments: Zcash (ZEC) recently broke out of a long symmetrical triangle, moving above mid-$400 resistance; if that level holds it may shift from consolidation to expansion, though volume is only steady so confirmation is needed. Dogecoin (DOGE) shows weak momentum, trading below key moving averages with distribution from large holders limiting upside and indicators nearer to oversold than recovered. For traders: ZKP’s on-chain auction mechanics and anti-whale rules make early allocation structure important and increase volatility and event-driven price moves; ZEC’s breakout is conditional on follow-through and volume; DOGE remains technically fragile and may consolidate or pull back. Keywords: ZKP presale, on-chain auction, Proof Pods, ZEC breakout, DOGE weakness.
Cryptocurrency prices rose after news that a criminal investigation has begun into U.S. Federal Reserve Chair Jerome Powell. The global crypto market cap climbed roughly 2% in 24 hours to about $3.11 trillion. Bitcoin led gains, touching an intraday high near $92,000 and fueling speculation of a move toward $100,000. Ethereum traded near $3,100 (up ~1%), XRP held around $2, and Solana rose ~2%. Among top-20 coins, Monero posted the largest 24-hour jump (~15%) toward $600, while Zcash gained nearly 7%. The DOJ reportedly threatened to indict Powell related to testimony about Fed building renovation costs; Powell called the probe unprecedented and politically motivated. FedWatch places January rate-cut odds at about 5% amid the fallout. Key keywords: Jerome Powell investigation, crypto rally, Bitcoin price, Ethereum, XRP, market capitalization.