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In brief BitGo shares dropped nearly 22% on the second trading day after Thursday’s IPO debut raised over $212 million. The crypto custody provider’s opening price exceeded its $15-$17 marketed range at a roughly $2 billion valuation. A Kraken-linked blank check company is preparing its own IPO with 25 million shares at $10 each. Crypto firm BitGo, the industry’s first initial public offering of 2026, saw its share price drop nearly 22% on its second day of trading on the New York Stock Exchange, dropping below the offering price.BitGo, which trades under the BTGO ticker, closed the week at $14.50…
XRP has begun attracting attention again after months of sideways trading. The coin has risen slightly over the past day, though it remains down for the week. Traders are pointing to familiar chart patterns, suggesting the quiet period may be nearing an end. Related Reading Traders Spot A Familiar Price Pattern A fresh take on XRP came from DonWedge, who posted a half-day chart on TradingView. Though he kept it short – just “XRP looks good” – the message carried weight. Instead of bold predictions, his analysis leaned on patterns. A downward-sloping channel draws the eye, much like one seen…
Some of the U.S. Senate Democrats in the negotiation over the crypto market structure bill filed requested amendments on Friday, seeking a number of their top policy requests in the draft legislation pushed by Republicans in the Senate Agriculture Committee.The draft they’re trying to change was unveiled as a partisan effort without Democratic sign-off on Wednesday, so now the lawmakers are trying to insert such things as a ban of the president (and other government officials) profiting off of the crypto sector and a demand that the Commodity Futures Trading Commission fill out its slate of commissioners before digital assets…
Solana users will gain access to on-chain U.S. equities with brokerage-level pricing and deep Wall Street liquidity. Jupiter and Ondo Finance have teamed up to bring over 200 tokenized U.S. stocks and ETFs to the Solana blockchain. The offering is being introduced through its new platform, Ondo Global Markets, which initially debuted on Ethereum and BNB Chain in late 2025. Solana Users Get Access to New Tokenized Stocks Ondo Global Markets, one of the largest issuers of tokenized securities, is expanding its offerings to Solana, enabling investors to buy, sell, and trade more than 200 tokenized U.S. stocks and ETFs.…
Nearly $2.3 billion worth of Bitcoin and Ethereum options expire today, placing crypto markets at a critical inflection point as traders prepare for a potential volatility reset.With positioning heavily concentrated around key strike levels, price action into and immediately after expiry could be driven less by fundamentals and more by mechanical hedging flows.Sponsored $2.3 Billion Crypto Options Expiry Puts Bitcoin and Ethereum at a Volatility CrossroadsBitcoin accounts for the bulk of the notional value, with approximately $1.94 billion in BTC options rolling off.Ahead of the expiry, Bitcoin is trading for $89,746, below its $92,000 max pain level, the price at…
The Ralph Wiggum Price (RALPH) and Gas Town (GAS) meme coins have plunged by double digits over the past 24 hours, wiping out a significant portion of their market value. The decline has raised concerns about the durability of the emerging creator economy meta. Key questions remain about whether this new fundraising method can offer sustainable long-term value, or if it is repeating the short-lived spikes seen in previous crypto trends.Sponsored RALPH Token Nosedives After Developer’s Major Token SaleCreated on the BAGS app on Solana, the RALPH token commemorates the Ralph Wiggum Technique developed by Geoffrey Huntley. While he did not…
Santiment data revealed LINK discussions rising despite broader market weakness. Chainlink (LINK) has surged back into the spotlight across crypto social channels. New data suggest that the oracle project registered a five-week high in social volume following renewed attention on its expanding role in tokenized finance. The findings emerged days after Chainlink upgraded its Data Streams to deliver near real-time US stock and ETF prices 24 hours a day, five days a week. This development will allow DeFi protocols to track pre-market, regular, after-hours, and overnight trading sessions. The main objective is to reduce one of the main limitations for…
Kansas has become the latest U.S. state to explore a formal role for Bitcoin and digital assets in public finance, with lawmakers introducing legislation that would create a state-managed Bitcoin and Digital Assets Reserve Fund. The bill, introduced by State Senator Craig Bowser, proposes amending Kansas’ unclaimed property laws to explicitly recognize digital assets, including cryptocurrencies and virtual currencies, and to establish a framework for their custody, management, and potential sale. If passed, the legislation would place oversight of the reserve with the Kansas State Treasurer. Under the proposal, unclaimed digital assets, like Bitcoin, would be transferred to the state…
In brief The image shared by the White House was based on a photo previously posted by Homeland Security Secretary Kristi Noem but appeared to include additional text and visual edits not present in the original. Users added a Community Note to the post, citing analysis by U.S. fact-checking outlet Lead Stories that questioned how the image had been modified and framed. The post circulated as the administration has backed proposals to curb AI-generated and manipulated media, arguing such content can undermine public trust. The White House is facing scrutiny after its official X account shared an allegedly modified image…
Capital One’s acquisition of Brex comes just months after the payment company launched support for stablecoins.Major US bank Capital One has struck a $5.15 billion deal to buy the fintech Brex and is set to acquire the company’s stablecoin payments solution. Capital One said on Thursday that the deal is a combination of stock and cash transaction and is expected to close in mid-2026.“Since our founding, we set out to build a payments company at the frontier of the technology revolution,” said Capital One’s founder and CEO, Richard Fairbank. “Acquiring Brex accelerates this journey, especially in the business payments marketplace.”The…

